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Adidas ///, or Triple Stripes Studio, has launched a Web3-based Digital Artist-in-Residence program to showcase and support budding creators in the non-fungible token (NFT) space.< /p>

The program was announced on August 31 and will officially launch on September 4 through a series of online and in-person events through September 11.

PRESENTATION: RESIDENCE 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 goal is to collaborate with emerging 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 program's first two resident artists, and things will kick off with the sale of two open-edition NFT art sales and two limited editions in September. .6.

Dearnostalgia uses a mix of photography, typography and digital montage to create his work, while Moto's work revolves around digital illustrations, fashion, landscapes and games.

Dearnostalgia and Moto's NFT art. Source: Adidas

Open edition NFTs will be priced at 0.03 Ether (ETH) per coin, or $49 at current prices, while limited editions will cost 0.15 ETH, or $245.

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The Triple Stripes Studio is affiliated...