Adidas unveils resident Web3 artists, Mutant Ape sells for 500 ETH and more…

Adidas unveils resident Web3 artists, Mutant Ape sells for 500 ETH and more...

The Adidas /// Studio, also known as the Triple Stripes Studio, has launched a Web3-based digital artist in residency program to showcase and support budding creators in the NFT space.

The program was announced on Aug. 31, and it will officially launch on Sept. 4 via a series of online and in-person events that will run until Sept. 11.

According to the program’s website, the aim is to collaborate with up-and-coming artists and provide a “creative pathway for digital artists to further connect with the brand and their passionate community of collectors and connoisseurs.”

Adra Kandil, also known as Dearnostalgia and Moto (Monkeemoto) have been unveiled as the first two resident artists of the program, and things will kick off with the sale of two open edition and two limited edition NFT art sales on Sept. 6.

Dearnostalgia utilizes a blend of photography, typography and digital montages to create their work, while Moto’s work revolves around digital illustrations, fashion, landscapes and gaming.

Dearnostalgia and Moto’s NFT art. Source: Adidas

The open edition NFTs will be sold for 0.03 Ether (ETH) a pop, or $49 at current prices, while the limited editions will go for 0.15 ETH, or $245.

The Triple Stripes Studio is affiliated with Adidas’ Web3 unit ALTS by Adidas and was launched in January to support the German sportswear giant’s Web3 initiatives.

Yuga Labs gears up to launch new game in Otherside

Bored Ape Yacht Club creator Yuga Labs announced on Aug. 31 that it will be rolling out the open beta for its upcoming Otherside metaverse-based Legends of the Mara (LoTM) later this month.

LoTM will expand on the lore behind Otherside by introducing a new foe to the metaverse dubbed “The Shattered,” while also providing more background on the existing NFT Koda characters.

Despite Otherside being a 3D virtual world, Yuga has described…

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