
Adidas Launches Chapter 1 of ALTS Collection as Metaverse Expanding
Adidas, a shoe-making company is going deep into the space of Metaverse and Web3 to make it compatible with the latest trends in the market. The announcement of the latest launch of its ALTS dynamic NFT collection is an example showing its inclination toward the exploration of the Metaverse initiative.
Highlights
- ALTS Dynamic NFT collection will see three final chapters
- At the end of chapter three, a unique digital colle offered by Adidas
- Adidas still finding to go deeper in Web3 with Metaverse and NFTs
The company started its journey in the NFT and Metaverse in 2021 and has listed over 16,000 Ethereum-built NFTs on the OpenSea NFT Marketplace. Here is the floor price of ETH- 0.75 or $1,438.
The previously purchased NFTs from Adidas’ first two ‘Into The Metaverse’ can burn their NFTs to avail the latest trendy ALTS collection. They will only have to pay the gas fee and after that, they will evolve into a Dynamic ALTS collectible with 8 different ALT(er) egos, as said by a report of CoinDesk.
Let’s read the important description added by Adidas to its OpenSea-
“Embarking on a new era in the Adidas Web3 journey, we are reaching the third and final phase of Into The Metaverse with ALTS by Adidas: your identity and PFP (picture for proof) – an interactive storyline which will culminate with the reveal. Chapter 1 of this new adventure begins in April 2023 with further utility and enhanced holder benefits rolled out over the following months.”
Just after the completion of Chapter 3 of this ALT Dynamic NFT series, Adidas will provide a unique PFP with multiple traits and also a serial number.
As of now, the Into The Metaverse collectionof Adidas touched the floor price of 0.57ETH ($1,000) and reached 48,771 ETH ($ 93.4 million) in trading volume since its launch. If we talk about the upcoming trendy collection of Adidas of ALTS, has a floor price of 0.59 ETH (approx $1,000) and ends at 320 ETH (approx $613,000) in trading volume so far.