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Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...

Exploring the Artistic Brilliance: Bitcoin Ordinals Inscription Sale at Sotheby's

The recent sale of a Bitcoin Ordinals inscription from the Quantum Cat project at Sotheby's has garnered significant attention, with the winning bid reaching over $250,000. This particular piece, known as the "Genesis Cat" Ordinals inscription, created by digital artist FAR, received an impressive 50 bids, ultimately selling for 6.31 BTC, equivalent to approximately $254,000.

Key Points:

  • The Quantum Cats collection of Bitcoin Ordinals inscriptions was announced earlier this month by Taproot Wizards.
  • The collection, consisting of 3,333 images, cost over $66,000 to create on the Bitcoin blockchain.
  • The wider sale of the Quantum Cats collection is scheduled for January 29.
  • Udi Wertheimer, co-founder of Taproot Wizards, highlighted that the collection pays homage to an early code in the Bitcoin network called concatenate or OP CAT.
  • Sotheby's head of digital and contemporary art, Michael Bouhanna, congratulated the artists and collectors involved in the sale, giving a special mention to FAR for their assistance in curating and organizing the event.
  • The Natively Digital curated Ordinals sale generated over 26 BTC, valued at around $1,097,000, with 641 bids and all auction lots being sold.
  • Bouhanna noted that half of the sale exceeded their high estimates, indicating strong interest and demand in Bitcoin Ordinals.
  • While this marks the first Bitcoin Ordinals-centric sale at Sotheby's, the auction house has previously conducted numerous NFT sales on Ethereum, including notable auctions like the sale of an Art Blocks NFT named "The Goose" for $6.2 million last June.

This successful sale not only underlines the growing significance of digital art and NFTs in the art world but also showcases the increasing interest in blockchain-based artworks and collectibles among both artists and collectors.

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