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Adidas announced the debut of its first Adidas Originals NFT line on Thursday. ‘Into the Metaverse’ Collection was unveiled by Adidas. Its goal is to embrace the metaverse and engage with non-fungible tokens and blockchain technology. Adidas also discussed The Sandbox , a metaverse game. Strategic Partnerships The Bored Ape Yacht Club (BAYC), cryptocurrency investor Gmoney, and comic book series Punks Comics have teamed together with Adidas Originals to release the NFT drop. For honoring the creators, a virtual wearable for The Sandbox, a blockchain-based metaverse game, will be provided as a result of the agreement.  A hoodie, a tracksuit, and Gmoney’s orange beanie will be among the actual items available. It will be on sale on December 17th, and owners will have exclusive access to Adidas Originals moments and products. The “Indigo Herz” NFT from Bored Ape Yacht Club (BAYC) was also bought by Adidas . Adidas CDO Scott Zalaznik describes blockchain as: “one of the most intriguing t

- Metaverse tokens have also received some significant hit following the crypto market carnage - The virtual and gaming world received the hardest hit after the recent hype that was being witnessed over the last few weeks - Tokens like MANA, AXS, and SAND faced notable dips - Lucas Outumuro claimed that these gaming ecosystem-based tokens are extremely speculative bets Metaverse is steadily garnering mainstream audience towards itself. Many experts and enthusiasts in the digital ecosystem have deemed that the future of these virtual reality worlds and gaming tokens are bright. However, according to analysts, currently there is very little real adoption. Recently, as the crypto market faced carnage , with altcoins and meme-coins, metaverse tokens also had to suffer steep losses. Indeed, the virtual and gaming world received the hardest hit after the recent hype that was being witnessed over the last few weeks. Source: TheCoinRepublic Metaverse tokens dropped significantly NFTs and gamin