Gadgets

The Morning After: Adidas’ first NFT drop raised $ 23 million

If you’ve started understanding the ups and downs of cryptocurrencies, the volatility of Bitcoin, and the rest in general, and understanding why blockchain technology has a great future beyond Dogecoin, it likely means you’re too late for NFT- Party are. Non-fungible tokens are unique. (That’s what non-fungible means.) They’re like a digital trading card in many ways.

These digital goods are mixing up the art world, sports collectibles and many other areas. And you’re late for the party because Adidas does banking and Nike chases the NFT money too. (We have a deeper look into NFTs exactly here.)

At the weekend, Adidas first NFT effort made over $ 23 million in Ethereum, from an early access period of $ 15.5 million and overall revenue of $ 7.5 million. It didn’t go entirely smoothly – Adidas had to suspend early transactions due to a technical problem. However, it has proven that there is an audience for NFT collaborations starting with that partnership with the Bored Ape Yacht Club (an existing collection of Bored Ape NFTs).

https://www.engadget.com/adidas-nft-drop-earnings-165112219.html

– Mat Smith

Supply chain restrictions.

Microsoft

A Kotaku report over the weekend explains how Microsoft had to use Xbox Series X development kits to host the first major Halo Infinite tournament, the Raleigh Major of the Halo Championship Series, this weekend. Unfortunately, the company couldn’t find enough retail consoles – the “global shortage of supply chains is real,” said Tahir Hasandjekic, eSports boss at 343 Industries.

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You have to use the mobile app, but it should be free.

Current Toyota drivers may not be thrilled with just having to log in to remote start from their key fobs, but what about new buyers? The news is mixed. The automaker said in a statement to Roadshow that remote starting on key fobs will not be available for new vehicles. So drivers have to use the brand’s mobile app. Other than that, they may never have to pay for the feature. Some 2020 model year models and newer vehicles include a 10-year trial instead of the much shorter 3-year trial that was offered before these models.

Not really for older Toyota owners though soothe their frustrations.

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The “supertruck” starts the next wave of EV from GM.

DARK

GM has started shipping the Hummer EV as promised, with its first “Supertruck” (an Edition 1) rolling off the assembly line at Factory Zero in Hamtramck, Michigan. The automaker didn’t name the original customer, who, given the Edition 1 sticker of $ 110,295, definitely paid for the brag. Maybe GM should get into NFTs?

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Deadly tornadoes may have caused Amazon to rethink its plans.

Amazon has Confirmed It will withdraw its efforts to ban personal telephones in its camps. Employees were told on December 17 that they could keep their phones to hand “until further notice”.

The company banned phones in warehouses for years but eased its approach when the COVID-19 pandemic hit. The ban should resume in January 2022. Amazon didn’t explain the U-turn, but it comes shortly after a tornado hit a warehouse in Edwardsville, Illinois, killing six people.

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