Web3 Woundup – 18/06/23

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This week’s Web3 Woundup Adidas bag Fewocious, Three Arrows Capital style almost $11 million from selling its Grails NFTs, and Snoop Dogg launches a tour-associated NFT journey.

We’re getting there, aren’t we?

Adidas and Fewocious Tag NFT Deal

Adidas this week leaned extra into the NFT world with a type out web3 artist Fewocious to launch a phygital NFT sequence known as Trefoil Flower. The sequence will whisk are living subsequent week on OpenSea and would possibly per chance composed allow collectors to characterize the bodily sneaker after minting an NFT.

The phygital sequence comes two months after the apparel heavyweight released the ALTS by Adidas sequence and is extra proof of a sizable ticket seeing the functionality of the NFT world even in a possess market.

3AC’s Grails NFT Collection Fetches Merely about $11 Million

The 2nd sale of NFTs from the bankrupt Three Arrows Capital (3AC) Grails sequence this week fetched almost $11 million all through a are living auction event through Sotheby’s. The sale featured 37 generative artworks with one NFT, Ringers #879 or ‘The Goose’, selling for $6.2 million. 

The predominant public sale of NFTs seized from 3AC brought in end to $2.5 million, with a non-public sale fetching an additional over $3 million, because the hedge fund tries to claw bak as worthy money for its creditors because it’ll.

Snoop Dogg Launches ‘Passport Series’ NFT Collection

Snoop Dogg underlined his toughen for the NFT world this week when he launched a particular digital collectible known as the Snoop Dogg Passport Series. The groundbreaking NFT promises odd bag entry to to boring-the-scenes updates from the rapper’s life on tour, which starts in July.

Priced at roughly $45, the Snoop Dogg Passport Series can even be purchased on snooppassport.xyz and is living to be a huge hit with NFT followers given Snoop’s historical previous with the NFT condominium.