Jinse Finance has reported that global sports and lifestyle brand Adidas has released the ALTS by Adidas series, expanding its Into The Metaverse non-fungible token (NFT) ecosystem. Adidas launched its Into The Metaverse collection in December 2021, promising NFT holders “exclusive access to collaborative merchandise and virtual land-based experiences throughout 2022.” Its first Web3 discovery was a partnership with NFT influencers gmoney, PUNKS Comic and Bored Ape Yacht Club, allowing holders to burn their NFTs to receive new ERC-1155 tokens and claim new ERC-1155 tokens. physical items from the next stage of project skins. NFT holders in the first two phases of the Into The Metaverse chain can now burn their NFTs to receive new NFTs from the Ethereum-based Adidas ALTS chain, for gas fees only. This new phase in adidas’ Web3 journey includes dynamic NFTs featuring eight different “ALT”[ er ]Egos”, corresponding to different rarity and interactive storylines.