Adidas Reveals Resident Web3 Artists, Mutant Ape Sells for 500 ETH and More

Adidas has introduced a new Web3-based artist residency program, known as the Triple Stripes Studio, aimed at highlighting and supporting emerging creators in the nonfungible token (NFT) arena.

The announcement was made on August 31, with the program set to officially commence on September 4. This initiative will feature a combination of online and in-person events running through September 11.

In other related news, Yuga Labs is preparing to launch a new game in the Otherside universe. Additionally, the Mutant Ape Yacht Club NFT has recently sold for 500 ETH, despite a general market downtrend. Furthermore, the NFL All Day NFT trading platform has seen a remarkable surge of 570% in trading activity.

Stay tuned for more updates.