Coinfeeds Daily → Adidas Is Launching $2,500 Solana NFT Sneakers On StepN

Adidas Is Launching $2,500 Solana NFT Sneakers On StepN

Published: Apr 16, 2024 | Last Updated: Apr 16, 2024
Coinfeeds Staff
Digital Adidas sneakers, depicted in a futuristic, high-tech style
Image: Digital Adidas sneakers, depicted in a futuristic, high-tech style

Innovative collaboration introduces Solana blockchain-based NFT sneakers, blending digital assets with physical fitness.

In a groundbreaking collaboration, Adidas has teamed up with the move-to-earn game Stepn to introduce a unique collection of Solana NFT sneakers. This partnership not only marks a significant milestone in the integration of digital and physical fitness realms but also sets a new trend in the sports apparel industry.

The Concept of Move-to-Earn Explained

Move-to-earn games are a novel concept where participants earn rewards for physical activities, tracked through digital means. Stepn, one of the pioneers in this field, utilizes blockchain technology to create a gamified fitness experience. Users earn digital tokens by walking, running, or jogging while wearing NFT sneakers, which can be traded or sold within the game's ecosystem.

Adidas and Stepn's Innovative Collaboration

The collaboration between Adidas and Stepn has led to the creation of the 'Stepn x Adidas Genesis Sneakers.' These are not just any sneakers; they are NFTs based on the Solana blockchain, which means they hold value both as digital assets and functional sports gear. The first batch of 200 Genesis Sneaker NFTs was released on April 17, with each priced at approximately $2,500. Following this, an additional 790 NFTs were made available through a public raffle, making it accessible to a broader audience.

Blending Physical and Digital Fitness

This partnership is a significant step towards a 'phygital' futureā€”a blend of physical and digital experiences. Adidas and Stepn are setting a precedent for how brands can engage with their consumers in a more interactive and rewarding manner. By integrating NFTs into a real-world activity like running, they are enhancing the user's fitness experience, making it more engaging and potentially more rewarding financially.

Receive a Custom Newsletter for the Coins You Follow

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.