Welcome to this week’s roundup of groundbreaking developments in the NFT and blockchain space! We have exciting news as Doodles migrates its Stoodio platform to Base, the Wu-Tang Clan's historic album breaks NFT records, SYKY and XTENDED iDENTiTY unveil a visionary NFT collection, and Adidas teases a thrilling Onchain Summer of Sports. Let’s dive into these innovative stories shaping the digital economy.
Doodles, an NFT-driven entertainment property, is set to migrate its “Stoodio” avatar customization platform from Flow to the Ethereum layer-2 scaling network Base, developed by Coinbase. Scheduled for mid-July, this transition aims to leverage Base's faster and cheaper transactions, enhancing user experience and accessibility. The original Doodles PFP collection will remain on Ethereum, while the Stoodio and its various NFT wearables and character customizations will make the shift. Doodles CEO Julian Holguin emphasized the move is driven by the project's vision for mass adoption and creating rewarding experiences for its community. To celebrate, Doodles will offer a unique free Base NFT mint through Zora, unlocking exclusive content within the Stoodio.
Pleasr, a crypto collective, made waves by selling 241,000 encrypted, on-chain copies of the Wu-Tang Clan's exclusive album "Once Upon a Time in Shaolin" via NFTs on the Base network. Purchased by 14,000 wallets, these NFTs were sold at $1 each, marking a significant event in the blockchain world. This sale not only highlights the growing adoption of Base, an Ethereum layer-2 scaling network but also showcases how blockchain technology is revolutionizing the distribution and ownership of cultural artifacts. This unprecedented sale underscores the potential for NFTs to make rare and valuable assets accessible to a broader audience.
SYKY and XTENDED iDENTiTY have joined forces to launch a unique collection that merges fashion with mixed realities, unveiled at a launch party on June 7th. Known for redefining identity through technology, XTENDED iDENTiTY, a female-led London-based fashion brand, has collaborated with SYKY to create five signature pieces available in both physical and digital versions. The collection, featuring an exclusive SYKY-blue chrome colorway, includes jewelry, accessories, and home goods designed to push the boundaries of traditional fashion.
Highlighted pieces include the Winged Wonders ensemble with digital wings, the Butterfly Crown, and the Butterfly Candle Holder, each blending organic forms with modern embellishments. Both digital and physical items are available on SYKY.com and xidentity.org until December 6th. This collaboration marks the first drop in the “SYKY Drops” series, a monthly release of innovative digital and physical pieces from leading designers, debuting on the first Friday of every month.
Adidas has officially entered 'Base' status, as revealed by the Base platform with a captivating image of a Meme Onchain Summer billboard featuring the Adidas brand logo. This billboard, within the Base ecosystem, read 'Onchain Summer of Sports,' hinting at an exciting collaboration. The official Adidas account retweeted this announcement, adding eye and paint palette emojis, generating buzz and anticipation. While detailed information about this development is yet to be disclosed, the partnership promises to blend sports and blockchain technology in innovative ways, potentially marking a significant milestone for both Adidas and the Base ecosystem.
Thank you for joining us in exploring the latest innovations in the NFT and blockchain space. From Doodles’ strategic migration to Base to Adidas' exciting Onchain Summer of Sports, these stories highlight the dynamic and transformative nature of digital assets. Like what you're reading? Subscribe to our Hypersub to get these weekly roundups dropped in your wallet - Hypersub.
Disclaimer:
The content provided in this roundup is for informational purposes only and does not constitute financial or investment advice. Always do your own research (DYOR) and consult with a qualified financial advisor before making any investment decisions. Stay informed and stay safe!
