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STEPN and Adidas bring 1,000 NFTs to Solana

The move-to-earn project STEPN wants to be reinstated.

By Finst News
• 2 min read
STEPN en Adidas brengen 1.000 NFT's naar Solana

The move-to-earn project STEPN wants to be reinstated. A partnership with sporting goods manufacturer Adidas is now going to make this possible.

The move-to-earm platform STEPN and sportswear manufacturer Adidas are putting "a step into the future". The two companies plan to launch a limited-edition NFT collection through a one-year collaboration. This is stated in a press release.

A total of 1,000 digital sneakers will be released as NFTs on the Solana blockchain. The first collection will be released on MOOAR, STEPN's NFT marketplace, on Wednesday, April 17.

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Further collections will come later

The NFTs will also be integrated into both companies' apps. STEPN previously had a similar partnership with running shoe manufacturer Asics.

STEPN was launched almost exactly two years ago. At the time, there was incredible hype surrounding the move-to-earn project, which allowed users to earn GMT through movement. Meanwhile, the tokens were worth more than $3. Currently, at US$0.25, that's just a fraction. The catch: users had to buy an NFT in advance. This NFT cost between US$500 and US$1,000.

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