Don't miss the latest stories
Advertise Newsletter
Network
  • The Creative Finder
  • The Bazaar
  • Deals
  • Status Is Down
Community
  • Sign up / Log in
  • Discussion Forums
  • Calendar of Events
NEW

Follow

Share this

Adidas
Branding
Crypto
Metaverse
NFT
Rumors
Technology
  • Metaverse
  • NFT
  • Rumors
  • Technology
MENU
  • Advertise with us
  • Submit tip/feedback
  • Work with us
  • Subscribe to newsletter
  • Subscribe to RSS
Advertise here
Advertisement

Adidas Reveals More About Its Metaverse Plans, Still Keeps People Guessing

By Ell Ko, 26 Nov 2021

Subscribe to newsletter
Like us on Facebook

Image via Sandbox / Adidas

Adidas’ entry into the metaverse has been a sort-of-there, sort-of-not affair for the last week or so. Adding to the relative mystery of the sportswear brand’s foray into innovating a creative, original future is a couple of new relationships.

First up is a partnership with cryptocurrency company Coinbase, which was announced in an extremely no-frills tweet. Adidas says that it’s “probably nothing,” which is most likely going to amount to probably something.

We’ve partnered with @coinbase.
Probably nothing.

— adidas Originals (@adidasoriginals) November 24, 2021


The firm is keeping everything behind closed doors for now, though. There are, however, rumors that the partnership could lead to a digital assets payment system for the company, as reported by FXStreet.

The second is an interaction between Adidas’ official Twitter account and the metaverse project Sandbox, with the latter asking, “What if we invite all of the original thinkers and do-ers to design our future together?”

Advertisement
Advertisement


adiVerse anyone? 🤔

What should we build, together in @TheSandboxGame? ⬇️ https://t.co/VbAdIi9cxN

— adidas Originals (@adidasoriginals) November 22, 2021


This prompted Adidas to suggest “adiVerse,” which may well be a name for the metaverse-to-be by the brand, something akin to Nikeland—rival Nike’s metaverse within Roblox, where it plans to sell sneakers.

CoinDesk has also noted that the sporting goods company seems to have already made a purchase of a chunk of “land” in the Sandbox’s metaverse, perhaps in preparation of the building of something great.

“Adidas Originals is diving into the Metaverse and headed for the Sandbox with our first immersive and always-on virtual experience. Join us as we take our first steps into this brave new world of originality,” writes a short descriptor on the Sandbox website.

Sandbox’s native currency SAND has since surged around 25% after this interaction.



[via FXStreet, cover image via Sandbox / Adidas]
Receive interesting stories like this one in your inbox
Advertise here

More related news

Advertise here
Also check out these recent news
Web Design
Link to news page

When Your Website Goes Down, This Is the Page Customers Meet Instead

2027
Link to news page

2027 Already Has A Color Of The Year And It’s Beginning On ‘Grounded’ Territory

IKEA
Link to news page

IKEA & Xbox Press Play On Furniture & Storage Inspired By The Iconic Controller

Fashion
Link to news page

Vogue Presents ‘United Flags of Fashion’ With Top Designers For All 50 States

Coca-Cola
Link to news page

Coca-Cola Pours Fresh Life Into Its Iconic Branding With Worldwide Redesign