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    Home » News » Adidas’ Coinbase Partnership Followed by Buying Land in The Sandbox!

    Adidas’ Coinbase Partnership Followed by Buying Land in The Sandbox!

    By AdeleNovember 26, 2021Updated:January 31, 20232 Mins Read

    As November comes to an end, The Sandbox surprises its fans again with a new partnership, this time with Adidas. The iconic sportswear brand confirmed its Land purchase within the metaverse – but what should we expect?

    German sportswear and shoe producer Adidas has just bought land in The Sandbox for a promising NFT project. Credits: Twitter

    Adidas and The Sandbox, a brand new collab

    This week, Adidas made headlines with another NFT-related partnership. This time, the legendary metaverse The Sandbox tagged the shoemaker in a tweet, inviting the group to a collaboration. An additional link reveals a brand new 144-parcel space in The Sandbox – all owned by Adidas!

    The multi-million shoemaker quickly replied with a potential name for the partnership: adiVerse. In addition, the company asked followers in a tweet about what they should build in The Sandbox.

    Although none of the brands revealed any details on the upcoming launch, it’s definitely going to be a hit. The Sandbox is among the most popular metaverses to date, while Adidas is a record-breaking sportswear brand.

    screenshot of an announcement from The Sandbox regarding its Adidas collab via Twitter
    The Sandbox first confirmed the collaboration on social media, revealing a 144-parcel land owned by Adidas. Credits: Twitter

    Adidas, embracing the NFT trend

    This fall, Adidas has tapped into NFTs by announcing another promising partnership with Coinbase. The collaboration was announced in a short, but clear message, via Twitter:

    screenshot of an announcement from Adidas regarding its Coinbase collab via Twitter
    Adidas has also teamed up with Coinbase this week, although the details of the partnership are yet to be revealed. Credits: Twitter

    However, the German company first stepped on the NFT scene by launching mysterious NFTs with its logo via POAP, a platform dedicated to crypto-badges linked to certain events. Surprisingly enough, these NFTs are no longer available, and there are still plenty of unanswered questions about the launch.

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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    Adele

    Adele Ioana is a writer with a deep interest in digital visual arts. Between covering two news stories, she enjoys drawing portraits and studying photo manipulation.

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