Do you remember Adidas Originals NFTs? Adidas made $38 million from selling their JPEGs and then walked away with it like nothing. the beginning (2021) > Adidas went all in on NFTs at peak hype > they partnered with the biggest names possible (Bored Ape Yacht Club, Mutant Ape Yacht Club, gmoney, PUNKS Comic) > minted ~30,000 NFTs on Ethereum at 0.2 ETH each (~$750-800 at the time) > sold out in hours > $23 million in primary sales alone, $38.48 million total including royalties > one of the biggest brand NFT drops in history The promised utilities > exclusive physical merch drops > digital wearables for your PFP > experiences in The Sandbox metaverse > future events and perks > floor hit over 0.7 ETH at peak What nobody talks about > launch had glitches, mint pauses, and one buyer literally bypassed the 2-per-wallet limit and snagged 330+ NFTs through a smart contract exploit > Adidas still made their $23M tho so The decline (2023-2025) > crypto winter arrived and did what crypto winter does > floor crashed from 0.7 ETH to under 0.03 ETH ($50-60) > ~$750 entry tickets now worth $50-60 on a good day To their credit Adidas didn't fully rug > they launched "ALTS by adidas" in 2025, holders could burn their old NFTs to mint new ones with updated utility > old Phase 1 and Phase 2 holders who didn't burn are no longer supported on the new roadmap > basically: upgrade or get left behind Where it stands now (2026) collection still trades on OpenSea, very low volume and floor price of pennies Adidas made $38M, kept the brand association, and evolved out of it Everytime a brand enters our NFT space, most of the time they're not here to build with you, they're here to sell to you.

Uniswap Foundation holds $85.8M in total assets with runway through January 2027, per unaudited financial summary. $UNI token holdings worth $106.2M allocated for grants through 2027.

Last night got pretty spicy on $BASED. Someone clearly tried to slam the price below $100M FDV like 2 minutes before Polymarket expiry… but looks like way more people were positioned for >$100M 👀 Funny part - just 3 hours after expiry, the token nuked anyway (-30% in 24h) and now it’s sitting at ~$85M FDV.

polymarket started charging fees on March 30 and now it is already #7 in crypto revenue according to the data on @DefiLlama beating phantom, jupiter, aave, uniswap — protocols people have been talking about for years it's prediction szn now bullish on $POLY #polymarket #crypto

Now that Edgex’s TGE is over, my takeaway is simple: no more cutting back on PerpDex. I never expected the core asset, EDGE, to be worthless. That means I suspect more than half of the other projects are also in danger. Edgex has damaged the overall trust in PerpDex. I hold: - 2 million PT of STANDX - 2 million PT of ETHEREAL - 3,000 PT of Extended - 6,000 PT of NADO Plus various others like Hibachi—but from now on, I won’t cut back on any of them, and I don’t expect any airdrop value either. If anything, I’m only okay with trading NADO and Extended—backed by Kraken—for regular trading points. The airdrop bubble is over.

Important: The Magic Eden wallet is no longer supported. As of April 1, only data export functionality is available—transactions and customer support are no longer accessible. #bitcoin #cryptocurrency #magiceden

NFTs need marketplaces like art needs auctions - bye, fungible boredom! Gaia's Vault on OpenSea: Trade ocelot night-vision for ETH. No eBay fees!