Xociety and Adidas Unveil NFT Collaboration on Sui – Coincu

Xociety, a role-playing game within the Sui blockchain, has partnered with Adidas to introduce a non-fungible token (NFT) collection on May 16. Minting will occur on Tradeport, a core marketplace within the Sui ecosystem.

The collaboration underscores the integration of digital fashion and gaming, leveraging Adidas’s vast youthful audience. This development enhances Sui’s footprint in the NFT market and fosters new avenues for user engagement and blockchain utility.

Xociety and Adidas Target 350M Users with NFT Launch

In a joint initiative, Xociety, an action-RPG game, and Adidas launch an NFT series starting May 16. The campaign allows whitelisted groups early access from May 14 to May 15, with public access beginning May 16, concluding at 21:00 on May 23. This alliance focuses on bridging digital fashion with the gaming industry.

Incorporating Adidas branded NFTs, the strategy targets engaging over 350 million Adidas users globally, significantly boosting the visibility and activity within the Sui blockchain. Designed as unique in-game skins, these NFTs aim to elevate game customization and provide additional value to users.

“A lot of daily brands is what people recognize connect with. And if we can tap into this audience, especially the 350 million monthly Adidas Club users… it will be a very valuable user acquisition vehicle for us.” – Sang Chung, Representative, NDUS Interactive/Xociety

SUI Prices Surge as NFT Collaboration Drives Engagement

Did you know? Adidas previously collaborated with Bored Ape Yacht Club on Ethereum for limited edition NFT launches, demonstrating its persistent exploration of digital and blockchain ventures.

According to CoinMarketCap, SUI is presently valued at $3.79, possessing a market cap of $12.64 billion and reflecting a 24-hour trading volume of $2.22 billion—showing a 48.75% trading volume increase. The asset documented a 12.63% price rise within 24 hours, with significant momentum surfacing in the past 30 days with an 84.11% surge.

Analysis from Coincu’s research team indicates potential technological growth through increased blockchain engagement. While financially promising, the regulatory landscape remains stable but requires monitoring as more established brands dive into blockchain integrations. This event may trigger more mainstream enterprises to enter Web3 environments.