How much does a NFT cost?

Each NFT cost 0.2 ETH, which currently equates to about $765, and the company sold 29,620 NFTs (“Adidas and partners” held onto 380 for “future events”), meaning the company earned more than $22 million from the sales in the span of an afternoon.

How much will Adidas NFTS sell for?

A close-up on the hoodie. The NFTs will sell for 0.2 ETH, or about $800 USD, starting December 17th through Adidas’ website. Adidas declined to share how many NFTs would be sold, citing “security protocols,” and declined to say whether the company would receive royalties on NFT resales.

Will NFT members be able to buy special Merch drops?

NFT holders will be able to purchase special merch drops, and Adidas says members will help to shape what kinds of products and experiences the company puts together for its NFT-owning community. “Adidas is in the metaverse,” Tareq Nazlawy, Adidas’ senior director of digital growth, tells The Verge.

Are NFT tokens worth it?

NFT project creators will tell you that the real value of their tokens comes from building a community around them and developing a roadmap to deliver new experiences. Adidas seems to be borrowing that approach, but it’s new to see a major company jump into the fray. There’s a lot of opportunity here for Adidas.