Wednesday, May 25, 2022
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Adidas Announced A Partnership With Coinbase

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Adidas has announced a partnership with the American cryptocurrency exchange Coinbase.


 

The details of the partnership are still unknown, but it could be about the release of an NFT collection or the integration of cryptocurrency payments into the Adidas ecosystem.

A day earlier, Adidas hinted at the possibility of building a metaverse based on The Sandbox GameFi platform. Amid this news, the value of the native SAND token has grown by 14.4% over the past 24 hours, according to CoinGecko.

“adiVerse anyone? What should we build, together in TheSandboxGame.”

 

 

 

The new partnership with Coinbase and building in Sandbox is the first step for Adidas in the cryptocurrency market.

Recall that the blockchain gaming platform Sandbox announced a partial launch of its metaverse for a limited number of users on November 29, 2021.

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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