Crypto-Follow logo Crypto-Follow logo
Cryptoknowmics 2022-04-25 10:04:26

Chinese Sports Brand Li Ning Set to Release Bored Ape Clothing Line

Li Ning, a Beijing-based sportswear and equipment company is set to release a clothing line featuring images of the Bored Ape Yacht Club #4102 after the company actually bought the specific NFT and accordingly obtained all derivative open rights. According to an official announcement made on Weibo, also known as China’s Twitter, the company will be releasing a clothing series of T-shirts and caps with prints of the BAYC image #4102. JUST IN: Chinese sportswear brand Li Ning will release a line of clothing featuring the Bored Ape Yacht Club #4102 #NFT. pic.twitter.com/pMrJ5bYIZZ — Watcher.Guru (@WatcherGuru) April 25, 2022 In addition to that, Li Ning will also launch a ‘boring’ pop-up store from April 23 to May 4. The pop-up store which is currently live is reportedly a Sandbox-like metaverse. The company is also planning to build a metaverse venue in Sanlitun, Beijing, restoring a metaverse venue in the real world, and use the boring ape as the leader of Li Ning in China. In the first quarter of this year, the sportswear brand has recorded nearly a whopping 30% year-on-year increase in retail sales, according to a filing to the Hong Kong Stock Exchange last week. Meanwhile, China is yet to set clear regulations on NFT trading, with state media reportedly warning against its hype.The post Chinese Sports Brand Li Ning Set to Release Bored Ape Clothing Line first appeared on Cryptoknowmics-Crypto News and Media Platform.The post...

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer