Chinese sportswear and equipment company, established by Olympian champion Li Ning, issues Bored Ape NFT license. This brand announces its recent products with BAYC # 4102.
Li Ning, the Chinese sports brand, features the Bored Ape NFT in Merch
Regarding a post on Li Ning’s official Weibo account, “We invited Bored Ape Yacht Club, a popular family Web3.0 , No. 4102 BAYC, as the manager of the Li Ning pop-up fashion store.”
The official account of WeChat Li Ning stated that it will present BAYC NFT avatar in a pop-up store in Beijing on April 28. Majorly, Li Ning will create a new product line based on the #4102 design.
Whereas many Chinese brands and artists stepped into NFTs such as XTEP, TaMen, and Qi Baishi. Li Ning is the initial one in the Chinese NFT market to offer the BAYC image. Via this move, Li Ning will continue to arouse curiosity about NFTs. Likely, filling the gap between Web2.0 and Web3.0. In the NFT-restrictive countries.
Brands continue to leverage of BAYC commercial license
One of the advantages of holding a BAYC is the benefits it brings with the NFT. For example, its commercial license. Many think it as an opportunity to cooperate or build a NFT-related brand with blue Chip. BAYC licensed brands and artists include Siempre Spirits, DJ Duo Escape Plan, and Bored and Hungry restaurant.
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