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news-imageJune 3, 2022

NFTs with Utility: STEPN, NFTY Labs, Wax, and Gomu Predict What's Next

Shiti Manghani of STEPN, Ty Blackard of NFTY Labs, William Quigley of Wax blockchain, and Spencer Yang of Gomu talk with Decrypt's Dan Roberts about how the next era of NFTs will have utility and real-world use cases, as part of CoinMarketCap's The Capital virtual conference.
Publisher: Decrypt
Sentiment: Neutral
GMT
WAXP

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Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership

Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giants further dive into the Web3 space. Adidas Steps Into Web3 with Stepn Collaboration, Launches Exclusive NFT Sneaker Collection Adidas, the sports footwear and apparel company, has partnered with Stepn, a Solana-based fitness app, the latter said on Monday, as per Newsjani.

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cover-imageBitcoin
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Stepn Partners With Adidas to Issue Genesis Sneakers NFTs

Stepn, a lifestyle and move-to-earn application, partnered with Germany-based apparel company Adidas to issue the Genesis Sneakers NFT collection. The collection, which marks the start of a one-year collaboration between these organizations, comprises 1,000 NFTs inspired by Adidas' “most iconic” running silhouettes and cobranded by the two companies.

Negative
cover-imageInvezz
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STEPN faces insider trading speculations following significant GMT transfer

Web 3 digital coin GMT endures notable selling momentum after a substantial transfer of coins worth approximately $3.87 million to Binance. Spot On Chain revealed that the transaction came from a STEPN official, triggering insider knowledge assumptions. The analytic platform revealed that address Ox8b3, possibly belonging to STEPN's team or investor, sent 14.

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