Adidas and Stepn are shifting from NFTs to physical products, planning to launch sports shoes this month

According to The Block, footwear and sportswear giant Adidas and its blockchain partner Stepn announced on Thursday that they will release a limited edition of physical shoes. This move comes after the announcement in April that Adidas collaborated with Solana-based fitness app Stepn to release 1,000 NFTs, which make up the Stepn x Adidas Genesis Sneakers series. In a statement, Stepn said that later this month, the two companies will launch "a limited edition of 1200 pairs of Adidas Ultraboost 5 physical running shoes". The Adidas-Stepn shoes will only be sold on the MOOAR market.