Coinfeeds Daily → Adidas and Bugatti Collaborate to Auction Limited Edition Soccer Shoes with Digital Twin

Adidas and Bugatti Collaborate to Auction Limited Edition Soccer Shoes with Digital Twin

Published: Nov 02, 2023 | Last Updated: Mar 17, 2024
Howard Kane
Abstract representations of a soccer shoe, suggestive of Adidas, and a car reminiscent of Bugatti.
Image: Abstract representations of a soccer shoe, suggestive of Adidas, and a car reminiscent of Bugatti.

Adidas' web3 platform and Bugatti-inspired design mark the convergence of physical and digital worlds in e-commerce

Adidas, the global sportswear giant, has teamed up with Bugatti, the luxury car manufacturer, to auction off a limited edition of soccer shoes. These shoes are not only inspired by Bugatti's iconic car design but also come with a digital twin, marking a significant step in the blending of physical and digital worlds.

Adidas' web3 Platform: A New Frontier for E-commerce

The limited-edition Bugatti-inspired shoes will be listed for sale on Adidas' web3 platform. This platform represents the next generation of e-commerce, where transactions are conducted on a decentralized network, often involving digital assets and cryptocurrencies. The auction will take place between November 8 and 11, with bids accepted via MoonPay, a platform that enables payments with both traditional and digital currencies.

The Bugatti-Inspired Design

The shoes come in two colors, black and a shade of blue that draws inspiration from early Bugatti Grand Prix cars. This collaboration is a testament to the influence of car design on fashion, and the unique aesthetic of Bugatti cars in particular.

The Rise of "Phygitals"

This collaboration between Adidas and Bugatti is part of a larger trend of large brands offering limited editions of physical products paired with digital assets. These are known as "phygitals." The digital twin of the Bugatti-inspired Adidas shoes is a prime example of a Phygital. It represents a digital version of the physical product, which can be owned, traded, or sold independently of the physical item.

Takeaways

This partnership between Adidas and Bugatti, and the subsequent auction, highlights the growing convergence of physical and digital worlds. It also underscores the potential of web3 platforms in revolutionizing e-commerce and the increasing acceptance of cryptocurrencies in mainstream transactions. For consumers, it opens up new possibilities for owning and interacting with products, both physically and digitally.

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