Tuesday, July 5

Adidas Originals Takes Second Place On OpenSea Rankings With Its First NFT Collection By CoinTelegraph

© Reuters. Adidas Originals takes second place in the OpenSea rankings with its first NFT collection

In its debut weekend, Adidas (DE 🙂 Originals’ first NFT project “Into the Metaverse” has generated 11,391 Ether (ETH), worth more than $ 43 million, on OpeanSea. Ranked by trade volume, this collection has earned second place on OpeanSea after RTFKT and Takashi Murakami’s Clone X collection.

In collaboration with Bored Ape Yacht Club, PUNKS Comic, and gmoney, Adidas Originals co-created a digital asset and released 30,000 copies of the same item on December 17. So far almost 20,000 copies of Phase 1 NFTs have been sold.

According to the company, $ 15.5 million has been raised during the Early Access minting, which had to be stopped and restarted after several hours due to technical problems with the Mutant Ape Yacht Club, which was unable to mint.

Read the full article on Cointelegraph

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