SHOW ALL

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

XTEP, a Chinese sportswear brand, Unveils NFT Wearables and Envisions A Metaverse

XTEP,_a_Chinese_sportswear_brand,_Unveils_NFT_Wearables_and_Envisions

The NFT wearables from Xtep, a Chinese sportswear maker, have been released! During a press conference on Sunday, they unveiled a new collection of athletic clothing. In addition, the company announced the launch of 321 NFTs. They’re known as “virtual running shoes” in China.

The NFTs, nicknamed “160X-Metaverse,” sold out in 70 minutes, according to Xtep. Each NFT cost 1,603 yuan ($251) to purchase. The digital shoes are more expensive than the original 160X running shoes, which cost 999 yuan each.

According to Xtep, the business is developing a “Runner’s Metaverse” and a “sports + digital economy” model utilizing blockchain technology. The company didn’t say if they planned to extend the metaverse.

Xtep is just one of the many fashion companies that have sprung up in recent years.

About Tiffany Ellis

She is a smiley curious writer from the USA. She loves Cryptocurrencies, Arts an also NFTs.

SHARE:
Latest NFT News, Trendings and Tutorials, right in your inbox, every Monday

IMPORTANT DISCLAIMER: All content provided here in our website, hyperlinked sites, social media accounts and other platforms are for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *