Gmoney.eth Partners with Adidas and Prada for the Launch of NFTs

Gmoney.eth has recently announced its collaboration with Adidas and Prada. The detail regarding this coming together is still scarce at the moment, but this news of association has really stirred up spirits and sentiments in the space of NFT. The detailed information regarding the collaboration will be out on 24th January, and speculation is rife that the drop has also been planned as a part of this coming together. 

Gmoney.eth has carved a place for itself in the NFT category, and this is not the very first time the organization is coming together with others for such projects. Adidas also has had an experience of launching collections in the digital asset space, although, for Prada, it’s the very first-time such collaboration is happening in the NFT space. According to the little information available in the public domain, the planned collection of NFT will be based on the theme of reusing, recycling, and rethinking. 

The collection will be officially known as Re-Source, and to accomplish the specific task of creating the NFT collection, Prada and Adidas have decided to come up with the accessories and clothing line made up of Re-Nylon. Prada has now become the latest name in a large number of clothing and fashion brands that are taking a plunge into the NFT segment. Adidas is doing wonders in the NFT category and has successfully generated a trading volume of $1.72 million in terms of its NFT drops. 

Advertisement

The archrival of Adidas, Nike has also been very active in the NFT domain, and it has recently purchased the RTFKT, a fashion brand in the metaverse. Some of the other significant names in the fashion industry, such as Burberry and Gucci, have also been very active in the category of NFTs.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

Related Articles

Back to top button