Prada & Adidas Launch NFTs on Polygon, USD 140B Man Group Mulls Crypto Fund + More News
- Italian luxury fashion house Prada and sportswear giant Adidas partnered to launch a new non-fungible token (NFT) project built on the Polygon (MATIC) network. The project is set to bring together participants across fashion, design, and crypto to co-create a large-scale digital artwork inspired by the physical Re-Nylon collection, they said, adding that they’re collaborating with digital artist Zach Lieberman. Proceeds from the NFT sales will be donated to charity and allocated to the artist and community creators.
- A dedicated physical museum for NFTs is opening on January 27 in Seattle, per DesignBoom. The showroom will put on display a number of artworks ranging from Larva Labs Cryptopunks series to Blake Kathryn and H+ Creative, among many others.
- Crypto exchange Bybit announced it is launching an NFT marketplace on January 20.
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