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COINTURK NEWS > Blockchain News > Adidas Teams Up with StepN for New NFT Collection
Blockchain News

Adidas Teams Up with StepN for New NFT Collection

In Brief

  • Adidas announced a partnership with fitness app StepN on April 15.

  • The collaboration will launch with 1,000 NFTs named Genesis Sports Shoes.

  • This partnership builds on some of Adidas' most iconic running designs.

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COINTURK NEWS 2 years ago
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Shoe and sportswear giant Adidas announced on April 15 that it has partnered with the Solana-based fitness application StepN. The partnership will commence with a collection of 1,000 NFTs named the StepN x Adidas Genesis Sports Shoes Collection. According to the announcement, this partnership is based on some of Adidas’ most iconic running silhouettes.

Adidas and StepN Collaboration

The NFT collection is planned to be launched through StepN’s non-fungible token market Mooar on April 17 this week. Adidas has previously established crypto-linked Web3 partnerships with Coinbase, Bored Ape Yacht Club, and Bugatti. A statement from StepN noted:

“This collection marks the first in a series of co-branded events that will include physical and wearable items in the roadmap throughout a year-long partnership between StepN and Adidas.”

StepN is a Web3 application that rewards users with cryptocurrency for walking or running. This is not the first partnership with a shoe company for StepN, which claims to have 5 million registered users. StepN previously partnered with Asics in 2022. StepN CEO Shiti Manghani shared:

“The reality of such a physical and digital partnership between the most widely used lifestyle app and a global brand like Adidas shows where lifestyle rewards are headed.”

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 15 April, 2024 - 2:14 pm 15 April, 2024 - 2:14 pm
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