With the advent of the metaverse and artificial intelligence (AI), NFT has stepped back. But the crypto industry is not faltering while the NFT struggles quite a bit in 2022.
However, it seems that the excitement around NFT is back and Polygon seems to be raising the level of adoption around these assets.
According to reports, Nike is launching its first NFT sale on the Swoosh Web3 community platform that it introduced a few months ago. In honor of the classic Nike Air Force 1 shoe from 41 years ago, the Our Force 1 (OF1) collection will feature virtual sneakers NFTs on Polygon .
To honor the year of the Air Force 1’s introduction, each virtual shoe pack will cost $19.82. However, crypto payments to NFT will not be accepted by the footwear giant.
This is considered a revolution when up to 330,000 Swoosh members join for free. The total amount of Nike’s NFT Air Force 1 that can be minted appears to have no predefined limit. The key to open the OF1 NFT box will be sent by Nike to randomly selected Swoosh members.
Although the NFT has been lagging behind, Nike seems to be moving forward in the hopes of bringing some fervor to the market. And Nike isn’t the only company moving into the NFT.
Starbucks with the second NFT collection
Starbucks and their entry into the NFT space created quite a bit of buzz. Back when the coffee chain launched its first sale, it sold out in minutes. This further motivated the company to double down.
Starbucks will present its first NFT Collection on Wednesday, April 19. The collection will include a collection of 5,000 NFT “stamp” collections produced on Polygon. The NFTs are being sold for $100 each, which is the same as the previous reduced price, which includes only 2,000 of them.
The latest collection features “multimedia collages, in-store textures, and featured icons.” Each of these NFTs is inspired by the business’s original location at Seattle’s Pike Place Market.
Additionally, customers who purchase NFT will receive 1,500 Starbucks Odyssey App Rewards points. On Wednesday, those who already have two Starbucks NFT stamps will get first access to the sale.
It looks like Polygon will soon lead the NFT space. Not long ago, the entire ecosystem was surprised when the network recorded a daily trading volume of up to 11.4 million USD. With the potential in the coming days, it is possible to bring such mass once again to Polygon.