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Adidas Enters The Metaverse With BAYC, Punks Comic, and GMoney

Andrew Throuvalas Dec 2, 2021 19:48
Adidas just formed three more Metaverse-related partnerships. What are their plans within the new digital world?

Following a related partnership with Coinbase, Adidas has joined various NFT influencers as part of their adaptation to the metaverse. These include Punks Comic, GMoney, and Bored Ape Yacht Club (BAYC).

Leaping Into The Metaverse

Adidas originals – an Adidas subdivision dedicated to lifestyle and fashion – tweeted about their new partnership earlier today. Few details exist about what plans their “Metaverse” entry will entail, but they have confirmed partnerships with Punks Comic, GMoney, and BAYC.

GMoney is a top NFT collector, thought leader, and booster. Meanwhile, Punks Comic is an NFT comics series drawn by Chris Wahl – a Marvel and DC Comics artist. It fractionalized ownership of 16 different crypto punks, distributed it to the community, and built a story around them.

Finally, Bored Ape Yacht Club is one of the leading NFT collections available, with apes that have sold for tens of millions of dollars in Ether. This August, NBA star Steph Curry purchased Bored Ape for $180k. Today, Adidas Originals has made one such ape their new profile pic, much to the excitement of fellow collectors on Twitter.

The popular sports brand released a short video trailer celebrating their three-way partnership. GMoney, a crypto punk, and a bored ape are shown flying from outer space together towards Earth, to the tune of Louis Armstrong’s “What a wonderful world”.

“It’s time to enter a world of limitless possibilities,” said the company.

Adidas Quietly Prepares for Web 3.0

Coinbase responded excitedly to Adidas’s announcement, promising to meet them in the Metaverse. Days ago, Adidas confirmed a partnership with Coinbase, adding the sarcastically used phrase “probably nothing” to the monumental news.

A spokesperson told CityAM last week that the partnership is supposed to increase Adidas’s foothold in the metaverse. Once again,  little detail remains beyond that.

Adidas may have some more concrete plans, however. Open-world blockchain game “The Sandbox,” recently revealed that a parcel of in-game land was earmarked for the company. Whether that land was given to or purchased by Adidas is unknown.

Featured Image Courtesy of Adidas Originals

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Andrew Throuvalas

Andrew is content writer with a passion for Bitcoin. He became familiar with Bitcoin back in 2013, but began diligently studying the blockchain technology and its economic implications in 2017. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide. Contact: Medium | LinkedIn | Twitter