{"id":284026,"date":"2024-04-16T14:19:45","date_gmt":"2024-04-16T08:49:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=284026"},"modified":"2024-04-16T14:19:45","modified_gmt":"2024-04-16T08:49:45","slug":"adidas-and-stepn-unveil-nft-sneaker-collaboration-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/adidas-and-stepn-unveil-nft-sneaker-collaboration-crypto-news\/","title":{"rendered":"Adidas and STEPN unveil NFT sneaker collaboration &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>STEPN, a Solana-based move-to-earn application, has announced a partnership with global footwear brand Adidas to introduce an exclusive non-fungible token (NFT) sneaker collection, the STEPN x adidas Genesis Sneakers. <\/p>\n<p>The collection, which will be available on the MOOAR marketplace from Wednesday offers both digital and physical rewards.<\/p>\n<p>The STEPN x adidas Genesis Sneakers collection consists of 1,000 unique NFTs, with early access for 200 STEPN users, while 790 will be offered to the general public through a raffle, Decrypt <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/226477\/adidas-2500-solana-nft-sneakers-stepn-game\">reported<\/a>.<\/p>\n<p>The remaining 10 NFTs will be used for marketing purposes.<\/p>\n<p>\t<!-- Forkast_S2S_Inarticle2_ROS --><\/p>\n<p>Each NFT is priced at 10,000 GMT, or around US$2,500, and will be sold in two phases to promote equitable distribution. <\/p>\n<p>STEPN\u2019s move-to-earn application incentivizes NFT holders to walk and run by rewarding them with GST, the app\u2019s in-game currency.<\/p>\n<p>STEPN\u2019s GST, the game\u2019s utility token, is on other chains like Binance\u2019s BNB chain, but its Solana-based token has the highest market capitalization at US$39 million. <\/p>\n<p>GST on Solana initially rose US$0.039 after the partnership was announced, but has since fallen to US$0.34. The token\u2019s all-time high is US$8.51, according to CoinGecko data.<\/p>\n<p>\t<!-- Forkast_S2S_Inarticle3_ROS --><\/p>\n<p>The project\u2019s governance token GMT is down 11% in the past 24 hours to US$0.23.<\/p>\n<p>\n\t\t\t\t<span class=\"post-views-icon dashicons dashicons-chart-bar\" \/> <span class=\"post-views-label\">Post Views:<\/span> <span class=\"post-views-count\">115<\/span>\n\t\t\t<\/p>\n<\/div>\n<p>\t\t!function(f,b,e,v,n,t,s)<br \/>\n\t\t{if(f.fbq)return;n=f.fbq=function(){n.callMethod?<br \/>\n\t\tn.callMethod.apply(n,arguments):n.queue.push(arguments)};<br \/>\n\t\tif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=&#8217;2.0&#8242;;<br \/>\n\t\tn.queue=[];t=b.createElement(e);t.async=!0;<br \/>\n\t\tt.src=v;s=b.getElementsByTagName(e)[0];<br \/>\n\t\ts.parentNode.insertBefore(t,s)}(window, document,&#8217;script&#8217;,<br \/>\n\t\t&#8216;https:\/\/connect.facebook.net\/en_US\/fbevents.js&#8217;);<br \/>\n\t\tfbq(&#8216;init&#8217;, &#8216;1890501017821908&#8217;);<br \/>\n\t\tfbq(&#8216;track&#8217;, &#8216;PageView&#8217;);<\/p>\n","protected":false},"excerpt":{"rendered":"<p>STEPN, a Solana-based move-to-earn application, has announced a partnership with global footwear brand Adidas to introduce an exclusive non-fungible token (NFT) sneaker collection, the STEPN x adidas Genesis Sneakers. The collection, which will be available on the MOOAR marketplace from Wednesday offers both digital and physical rewards. The STEPN x adidas Genesis Sneakers collection consists [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":281571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-284026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/284026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=284026"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/284026\/revisions"}],"predecessor-version":[{"id":284028,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/284026\/revisions\/284028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/281571"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=284026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=284026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=284026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}