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Cryptocurrency News Articles

Adidas and Crypto Team Up to Elevate Web3 Gaming

Apr 11, 2024 at 11:24 pm

Adidas has partnered with Crypto: The Game, an online survivor game based on the Ethereum blockchain, to create a custom challenge for players. Participants can bid on Adidas tracksuit skins to gain an advantage in the game, marking the brand's continued venture into the NFT market.

Adidas and Crypto Team Up to Elevate Web3 Gaming

Adidas and Crypto: The Game Forge Strategic Alliance to Elevate Web3 Gaming Experience

German sportswear giant Adidas has made a bold move into the burgeoning Web3 gaming landscape by partnering with Crypto: The Game, a popular internet survival game built on Ethereum's innovative layer-2 network, Base. This strategic alliance marks a significant step forward for both companies, promising to enhance the gaming experience for players while further solidifying Adidas' position as a pioneer in the NFT space.

Crypto: The Game has captivated the gaming community with its unique blend of strategy and competition, where players vie for a substantial pool of ETH by completing challenging tasks and eliminating opponents. The game's second season, which concluded its public mint in early April, attracted a staggering 800 players eager to test their skills. To participate, players had to acquire a non-fungible token (NFT) for 0.1 ETH (approximately $350 at current market value).

As the game progresses, only the fittest and most astute players remain. At the time of writing, just 571 players have managed to survive the relentless competition, with another round of eliminations set to unfold in a matter of hours. Amidst this intense battle for survival, the Adidas partnership has emerged as a game-changer.

According to an official announcement from the game's X account, the Adidas collaboration aims to introduce "a custom challenge" into the fray. Sources close to the matter have revealed that players will soon have the opportunity to bid on exclusive Adidas tracksuit skins that grant an advantage in the game, empowering them to outmaneuver their rivals.

This strategic partnership is not merely a marketing ploy; it reflects Adidas' deep commitment to embracing the transformative potential of Web3. In 2021, the brand made waves in the NFT market by releasing 30,000 units of its Into The Metaverse tokens, which sold out in record time. Furthermore, Adidas secured a high-profile collaboration with the renowned Bored Ape Yacht Club, further cementing its status as a trendsetter in the digital realm.

Despite the recent downturn in NFT popularity, Adidas has remained steadfast in its belief in the technology's long-term value. In 2023, the company launched its Into ALTS by Adidas NFT collection, offering holders of its previous NFT collection the opportunity to burn their tokens in exchange for exclusive perks and virtual wearables.

The Adidas-Crypto: The Game partnership is a testament to both companies' unwavering commitment to innovation and their shared vision of a future where digital experiences seamlessly intertwine with the physical world. As the Web3 gaming market continues to evolve, this alliance is poised to redefine what is possible in the realm of immersive entertainment.

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Other articles published on Dec 26, 2024