21/12/2021 The Morning After: Adidas' first NFT drop made $23 million

Adidas and Bored Ape Yacht Club - Indigo Hertz - MetaverseAdidas/Bored Ape

If you’ve started to generally understand the ebbs and flows of cryptocurrencies, the volatility of Bitcoin and the rest, and started to comprehend why blockchain tech has a big future beyond Dogecoin, it probably means you’re late to the NFT party. Non-fungible tokens are, well, unique. (That’s what non-fungible means.) They’re sort of like a digital trading card in a lot of ways.

These digital goods are shaking up the art world, sports collectibles and many other fields. And you’re late to the party because, well, Adidas is making bank, and Nike is chasing the NFT bucks as well.

Over the weekend, Adidas'first NFT effortmade over $23 million in Ethereum, from a $15.5 million Early Access phase and $7.5 million in general sales. It wasn’t entirely smooth sailing — Adidas had to halt early transactions due to a technical hitch. It did, however, prove there’s an audience for NFT collaborations, starting with this partnership with Bored Ape Yacht Club (an existing collection of Bored Ape NFTs).

Arts

https://www.engadget.com/the-morning-after-adidas-first-nft-drop-made-23-million-121350956.html?guccounter=1

Interesting NFTs
GS02
"I wanna be adored" is a collection that explores the concept of adoration and religion through the artistic glorification of popular icons such as Elvis, David Bowie or Marilyn Monroe, elevated to the category of gods and virgins, from where they claim their right to be worshipped. They occupy in their own right a sacred place, traditionally reserved exclusively for biblical figures. Faith, forgiveness, sanctification and finally glorification are omnipresent concepts in these pieces, which explore not only the need to worship, but the desire to be worshipped ourselves. As a way of vindicating a more human concept of the divine, the protagonists of the collection reign from a more earthly heaven, more within reach of the viewer, illuminated by neon lights, like a heavenly Las Vegas where virtue and sin go hand in hand.
Poem by Dainagon Tsunenobu, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse
Katsushika Hokusai (1760-1849) Poem by Dainagon Tsunenobu, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse late 1830s - Japan
The Rabble
The Rabble on the TV.
The Harvest
An anthropomorphic figure stands, wide eyed, staring at the viewer; its body masculine, muscular, and humanoid. Its “mind” dissociates into a conglomerate of structures resembling feathers, grain, teeth–as well as a radial flower “node”, casting linear rays throughout the composition. To his left, a vat of bodies gesture and writhe in a kind of amniotic soup, attended by a video game robot. The bot's red display reads “uWu”. Behind the robot and filling the left side of the composition is an archaic figure composed of a variety of vintage objects and symbols. Among them are a hardbound book with ancient cuneiform scripts, indicating barley, beer, bread, ox, house, and sky, behind which is a grimacing, salivating jagged toothed maw; and an old Commodore floppy drive. The figure’s head tilts toward an illuminated crescent moon, suggesting the Egyptian Sacred Bull. The archaic figure is composed of a variety of mutating cells, which shift in color, and pattern; eventually breaking free into an ephemeral broadcast of bubbles which move across the background. The work came into being against a psychological introspection, which included associations to pop culture such as alien abduction and pod people, as well as quite a bit of reflection on grains as a symbol of civilization, agriculture, sustenance, life, and imbibing (mainly whiskies).
Inner fountain
I'm connected to an infinite source of creative energy. Digital painting - Gif