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Adidas release NFT Collection

Adidas has joined the Metaverse with their debut NFT collection. So what is an NTF? NTF stands for non-fungible token. It is essentially collectable digital artwork (often seen in the form of cartoon characters).

Adidas has not yet specified what their NFTs will look like, although they have confirmed that each one will cost 0.2 Etherium (approx $812 at the current exchange rate).

These NFT characters can then be used in the blockchain-based gaming world, called The Sandbox.