#Adidas is launching 'Residency by Adidas,' a Web3 digital artist residency program aimed at nurturing Web3 artists and releasing digital products and NFTs through its Web3 studio, '/// Studio.' The program will debut with an auction on September 6 during the Korea Blockchain Week conference in Seoul. Adidas will commission four NFT artworks by artists MonkeeMoto and Adra Kandi, with 200 pieces (100 from each artist) to be sold at the conference for 0.15 #Ethereum (approximately $250) each. Each NFT purchase will also include a physical Adidas-logo hoodie. This initiative represents Adidas' foray into the #Web3 and #NFT space, highlighting the brand's interest in digital art and #blockchain technology.