Adidas Launches NFT Skins for Xociety Game on Sui Chain
Adidas is releasing a collection of NFT skins for in-game characters in the upcoming crypto shooter game Xociety. Key details include:
- 2,600 mystery box NFTs will contain various in-game skins such as hoodies and tracksuits featuring the Adidas logo.
- The NFTs will be minted on the Sui L1 blockchain and consist of full clothing sets.
- Each box has four rarity tiers: Uncommon, Rare, Epic, and First, varying in the number of clothing sets provided.
- The minting date is set for May 16 at 9 am ET on Tradeport.
- Xociety employs a revenue share model where players earn rewards based on spending by others.
- The game's player base is mainly in Asia, with significant numbers in South America and Europe; over 12,000 players participated in recent playtests across 64 countries.
- The game aims to expand into the North American market and will also be playable on the SuiPlay 0x1 handheld device.
Since entering the NFT space in 2021, Adidas has launched over a dozen collections, with its first collaboration generating $23 million in revenue, but retaining only around $6.2 million due to partnership agreements.