Adidas Originals Reaches Second Spot On Open Sea Rankings With Debut NFT Collection
In a collaborative NFT project, Adidas Originals, gmoney, Bored Ape Yacht Club and PUNKS Comic make $43 million in 72 hours. In its debut weekend, the first NFT from Adidas Originals’ "Into the Meta verse" project has generated 11,391 Ether (ETH), worth over $43 million, on Open Sea. Ranked by trading volume, this collection has earned the second spot on Open Sea after RTFKT’s Clone X and Takashi Murakami collection. In collaboration with Bored Ape Yacht Club, PUNKS Comic and gmoney, Adidas Originals co-created one digital asset and put up 30,000 copies of the same item for sale on Dec. 17. Almost 20,000 copies of the Phase 1 NFT have been sold so far. According to the company, $15.5 million was made during the Early Access mint that had to pause and restart after several hours due to technical issues with Mutant Ape Yacht Club not being able to mint. This NFT is not a collector’s item but an access token that provides its owner with exclusive access to virtual wearable in ...