NFT News Digest: FEWOCiOUS x adidas Originals are releasing the NFT collection

06.17.2023
NFT News Digest: FEWOCiOUS x adidas Originals are releasing the NFT collection

In addition to the news that FEWOCiOUS x adidas Originals are releasing a collaborative NFT collection, today’s NFT news digest for the past week of June 10 to June 16 includes:

  • Ringers by Dmitri Cherniak #879 (The Goose) sold for $6.2 million at Sotheby’s,
  • PROOF Collective opens Foundry art center with NFT gallery in Los Angeles,
  • Snoop Dogg launches Passport NFTs for fans as part of a world tour.

FEWOCiOUS x adidas Originals are releasing a collaborative NFT collection are releasing a collaborative NFT collection

The internationally recognized sportswear brand adidas Originals is steadily conquering the Web3-universe. The other day it was announced about the collaboration of the company and the popular NFT artist FEWOCiOUS. The collaboration will result in the Trefoil Flower Mint Pass collection, which will drop on June 22, 2023 (Holder Presale) on OpenSea. The set will include 4,500 NFT passes. The lucky holders of the new tokens will get a chance to get the ultra-fashionable Campus 00s sneakers in the FEWOCiOUS signature style.

The Campus 00s sneakers also have recognizable adidas Originals features. FEWOCiOUS gave them an original design, adding a black and white pattern and a blue and white thick lacing. Once the NFTs from the Trefoil Flower Mint Pass collection are sold out, they will become twin physical copies of the sneakers. What’s more, they can serve as outfits for the characters from FewoWorld Fewo’s & ALTS by adidas projects.

FEWOCiOUS x adidas Originals conquer the NFT market

FEWOCiOUS (real name Victor Langlois), is the author of the Paint project

and a talented Web3 artist known for his original works and flair for epatage. Through his projects, he conveys his own vision of the world and shares his experience with the community. Since the age of 16 FEWOCiOUS has been using Adidas sneakers as a canvas for his creative ideas. Their first collaboration took place during the Art Basel Miami event in December 2022.

In a press release, FEWOCiOUS did not hide his enthusiasm for the new collaboration with adidas Originals:

Working with Adidas is a real dream come true. I can’t believe I was painting Adidas shoes in my bedroom by myself four years ago and now I get to officially collaborate with them! I really believe in the future of fashion and footwear and the intersection of digital and physical, and I’m so excited for these to see the world and for everyone to be part of that journey with me.

It’s worth mentioning that this collaboration is important for adidas Originals as well. Previously, the brand successfully launched the Into the Metaverse (ITM) collection. And now for the first time the company is launching sneakers with NFC tags, and those sneakers are connected to the items from the limited NFT series. Adidas aims to keep up with its arch rival in sporting goods, Nike, which has had considerable success with such collectibles.

Ringers #879 (The Goose) by Dmitri Cherniak sold for $6.2 million at Sotheby’s auction

On June 16, the sensational news flew around the crypto community. Ringers #879 (“The Goose”) by the famous NFT artist Dmitri Cherniak was sold at Sotheby’s for a fantastic $6.2 million (including fees of the auction house).

This purchase was the second-largest in the history of the generative art market. “The Goose” was bought by the influencer 6529 who’s well known in NFT circles. This event marks an important milestone in the world of blockchain art and NFT.

The story of Ringers #879 by Dmitri Cherniak

The digital masterpiece that was such a resounding success has an interesting story behind it. The token #879 from the Ringers by Dmitri Cherniak collection was first minted on January 31, 2021 by user TheCryptonite. Four days later, TheCryptonite sold it to another crypto enthusiast, pixelpepe, for a tidy sum of 1,26 ETH. After that, the now-defunct hedge fund Three Arrows Capital became interested in the token and bought it for 1,8 ETH. The acquisition was part of the Starry Night initiative, which was supposed to build a collection of selected NFTs.

After Three Arrows Capital collapsed last summer, the fund’s liquidators had to deal with the company’s outstanding obligations. In this regard, they commissioned Sotheby’s to curate the Grails collection from the Starry Night fund, which included the token Ringers #879 by Dmitri Cherniak (“The Goose”).

Sotheby’s originally valued the digital art at a range of $2-3 million. In the end, 6529 became the buyer of the NFT Goose, and the purchase amounted to $6.2 million. And for influencer himself, the purchase was also a way to draw attention to the prospects and challenges of the market, which he described in his thread under an illustrative tweet:

Peculiarities of Ringers #879 by Dmitri Cherniak

“The Goose” occupies a special place in the hearts of the NFT community. The thing is that during its creation they managed to combine the randomness factor and artistic skill in an ingenious way. As a result a real masterpiece of digital art was created from a random computer code. The appearance of “The Goose” captivated collectors and art lovers with its intricate combination of shapes and colors, and it turned out to be surprisingly similar to a goose, hence the name of the work.

PROOF Collective opens Foundry art center with NFT gallery in Los Angeles

PROOF Collective is preparing to open its art center with an NFT gallery. It will be called Foundry by PROOF and will be located in Downtown of Los Angeles. The Web3 company announced it in a June 15 tweet. In this way, NFT artists will have a unique opportunity to make their mark in California’s busiest location.

Foundry by PROOF Collective will help artists and patrons meet

The Foundry by PROOF, a 4,000 sq ft multipurpose space, will be a meeting place for artists and collectors as well as an IRL venue for various events of the PROOF community.

It will be an exclusive place for art residencies, interactive installations, and immersive experiences. The gallery is scheduled to operate for the next six months, from the end of July to the end of December 2023. Notably, the opening of Foundry by PROOF coincides with the anticipated release of Mythics NFT.

What I hope to build is Proof’s great relationship to support artists, a great community to come by and be part of that, to be patrons. The idea for the new art center was expressed by Justin Mezzell, co-founder of Proof Collective

In addition, Justin Mezzell told reporters that Proof Collective’s cultural events program will not be limited to Los Angeles.

Evolution of PROOF Collective: from fails to new achievements

The PROOF Collective team has repeatedly proven its commitment to IRL events, holding them all over the world: from Miami to New York and from Japan to Europe. Foundry by PROOF marks a new milestone in the evolution of the company that anchored in Los Angeles to accumulate and develop a personal experience.

What’s more, the announcement of the gallery’s opening has made many forget the recent incident involving the cancellation of the first PROOF conference in February 2023. The company did not reschedule the event then, although it did refund guests money spent on tickets and hotels.

It seems that the PROOF Collective team sees its failures as inevitable stages on the way to new achievements. The company behind such popular NFT projects as Moonbirds, Oddities, Grails and Emotes continues to stay on course for the consolidation and development of the Web3 community.

Snoop Dogg launches Passport NFTs for fans as part of a world tour

Snoop Dogg, music icon and Web3 enthusiast, has prepared an extraordinary digital experience for his fans. Thanks to the Snoop Dogg Passport NFT project, they will be able to accompany the rapper on a headliner’s tour beginning July 7.

Passport Series: innovative NFTs with incredible features

The Snoop Dogg Passport Series is an NFT innovation that will provide its owners with a number of pleasant surprises. From purchasing special merchandise and tickets to exclusive events, to gaining access to behind-the-scenes footage, artwork and branded merchandise, they will be able to immerse themselves in the world of Snoop Dogg for the first time.

With the Passport series, I can give my fans the opportunity to travel the world with me – no one’s ever done that. I’ve always been a pioneer, and digital merch is part of the future. I’m hoping other artists can see what I’m doing and continue to innovate on their own. That’s what Snoop said

The revolutionary significance of the Passport Series is in using the power of blockchain to engage fans of live music in the NFT space. One NFT from the Passport Series is worth about 0.025 ETH ($42). These digital assets can be purchased via a cryptocurrency wallet or Crossmint NFT payment processor.

Snoop Dogg’s groundbreaking move is far from the famous rapper’s first experience with NFT. Over the years, he has been active in this field, taking part in the support and development of many cryptocurrencies and NFTs. Notably, Passport Series was conceived by the rapper in partnership with NFT developer Transient Labs and WME, an elite talent agency.

Snoop Selects is an exclusive addition to the Passport Series

In addition to the Passport Series, Snoop Dogg has announced his curated NFT collection Snoop Selects, featuring selected works by prominent digital artists.

All Passport owners will be able to receive these collectible works of art by airdrop on July 7, the first day of Snoop Dogg’s summer tour. As the tour progresses, the original lineup of Snoop Selects artists, which includes Alien Queen, Terrell Jones and Coldie, will be updated with new talented artists.

Snoop Dogg’s innovative project is certainly a model for talents and fan interaction in the digital age. A model worthy of emulation.

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