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The Morning After: Adidas’ first NFT drop brings in $23 million


If you’re starting to understand the tides of cryptocurrency in general, the volatility of Bitcoin and the rest, and you’re starting to understand why blockchain technology has a big future beyond Dogecoin, well, that probably means you’re late to the NFT party. Non-replaceable tokens are unique. (This is what “non-replaceable” means). It’s kind of like a digital trading card in many ways.

These digital goods are rocking the world of art, sports collectibles, and many other areas. And I’m late to the party because Adidas makes a bank, and Nike is chasing NFT dollars, too. (We have a deeper look at NFTs

Over the weekend, adidas generated more than $23 million in Ethereum, from $15.5 million in early access and $7.5 million in general sales. The sail was not entirely smooth – Adidas had to halt early transactions due to a technical failure. However, it has proven that there is an audience for NFT collaborations, starting with this partnership with Bored Ape Yacht Club (an existing group of Bored Ape NFTs).

– Matt Smith

supply chain constraints.

Microsoft

a Kotaku A report released over the weekend explains how Microsoft had to use Xbox Series X development kits to power its first major infinite aura The tournament, the Halo’ Raleigh Major Championship Series, this weekend. Unfortunately, the company couldn’t find enough retail consoles to use – “The shortage in the global supply chain is real,” said Tahir Hasanjikic, 343 Industries’ leader in esports.

Read on.

You will have to use the phone app, but it should be free.

Existing Toyota drivers may not be excited about having to sign up just to start remotely from their main chains, but what about new buyers? There is mixed news. The automaker told Roadshow in a statement that remote start will not be available on new car key fobs. In other words, drivers will have to use the brand’s mobile application. With that said, they may not have to pay for the feature. Some 2020 and later vehicles include a 10-year trial, rather than the shorter three-year trial that was available before these models.

However, for older Toyota owners, that really won’t happen

Read on.

The giant truck rides off the electric wave coming from General Motors.

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General Motors has begun delivering Hummer EVs as promised, with the first “giant truck” (version 1) rolling out at Factory Zero in Hamtramck, Michigan. The automaker didn’t mention the initial customer, who certainly paid for bragging rights given the $110,295 Edition 1 sticker. Maybe GM should get into the NFTs?

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Deadly hurricanes may have prompted Amazon to reconsider its plans.

Amazon has decided that it will back down from its efforts to ban personal phones from its warehouses. Employees were told December 17 that they can keep their phones on hand “until further notice.”

The company has banned phones in warehouses for years but has softened its approach as the COVID-19 pandemic spread. The ban was about to resume in January 2022. While Amazon has not explained the shift, it comes after a tornado hit a warehouse in Edwardsville, Illinois, killing six people.

Read on.

The biggest news stories you may have missed

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