SDChain
2 min readMar 28, 2023

Adidas launches ALTS by adidas casting / Social presence in the metaverse

Adidas’ NFT project Indigo Herz said on Twitter that Adidas has launched the third phase of the “Into The Metaverse” project, which is related to a hotel metaverse called “Rift Valley Motel”. Indigo Herz said that if players want to participate in the stage, they need to connect their wallets and destroy the NFTs obtained in the second “collect.adidas.com” stage, and then mint ALTS by adidas. So far, Adidas has not revealed too many details about the third phase of “Into The Metaverse”, only knowing that there will be three chapters, the first of which details may be announced during the NFT NYC conference in April this year. According to OpenSea data, the current ALTS by adidas floor price is about 0.41 ETH, and the current transaction volume reaches 11 ETH. (PANews report)

Evolved to now, NFTs in the metaverse have upgrade functions and interactivity, which can be assets in the metaverse or personal symbols. If Lami NFT evolve into Laleverse, everyone should have a decentralized self-custodial wallet with soul-bound tokens to represent personal IDs, and Lale tokens and NFTs stored in the wallet Virtual assets to facilitate intra-economic activity. If the individual’s internal experience is improved, it means that there is a higher social depth (credit), and they can also do more activities in the metaverse and get more rewards. (SDChain report)

SixDomainChain (SDChain) is the world’s first decentralized public blockchain ecosystem that integrates international standards of IoT Six-Domain Model and reference architecture standards for distributed blockchain.

No responses yet