The Adidas /// Studio, or Triple Stripes Studio, has launched a Web3-based digital artist in residency program to showcase and support budding creators in the nonfungible token (NFT) space.
The program was announced on Aug. 31 and will officially launch on Sept. 4 via a series of online and in-person events until Sept. 11.
INTRODUCING: RESIDENCY BY ADIDAS
The adidas /// studio is proud to announce the global launch of “RESIDENCY by adidas” – the brand’s first digital artist-in-residence program! pic.twitter.com/He0LAEUzQA
— ALTS by adidas (@altsbyadidas) August 31, 2023
According to the program’s website, the aim is to collaborate with up-and-coming artists and provide a “creative pathway for digital artists to further connect with the brand and their passionate community of collectors and connoisseurs.”
Adra Kandil, also known as Dearnostalgia and Moto (Monkeemoto), has been unveiled as the first two resident artists of the program, and things will kick off with the sale of two open edition and two limited edition NFT art sales on Sept. 6.
Dearnostalgia utilizes a blend of photography, typography and digital montages to create their work, while Moto’s work revolves around digital illustrations, fashion, landscapes and gaming.
Dearnostalgia and Moto’s NFT art. Source: Adidas
The open edition NFTs will be sold for 0.03 Ether (ETH) a pop, $49 at current prices, while the limited editions will go for 0.15 ETH, or $245.
The Triple Stripes Studio is affiliated with Adidas’ Web3 unit ALTS by Adidas and was launched in January to support the German sportswear giant’s Web3 initiatives.
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