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Tiffany & Co. has sold “NFTiffs” to CryptoPunk NFT holders in record time. Owners of these NFTiffs will only have until August 12 to reserve their personalised pendants. Delivery is expected early next year.
Last week, Tiffany & Co. offered a limited edition of 250 pendants featuring the NFT CryptoPunk, one of the oldest and most popular NTF collections in the digital art market. NFT CryptoPunk holders had the opportunity to purchase a personalised piece of Tiffany & Co. jewellery featuring their avatars along with an “NFTiff” – non-fungible tokens (JNF or NFT) associated with the pendant series.
NFTiff couldn’t be easier. Purchase your NFT through the NFTiff gateway, choose your CryptoPunk and Tiffany artisans will transform it into a bespoke pendant. Discover more: https://t.co/wL1q7iGYJi #NFTiff #TiffanyAndCo pic.twitter.com/KUVS9poEjj
— Tiffany & Co. (@TiffanyAndCo) August 5, 2022
The jewellery house said that each of the pendants will be inspired by the buyer’s NFT Cryptopunk and will be made of 18-carat gold with a minimum of thirty precious stones or diamonds. In addition, a digital version (NFT) of the pendant will be issued to the buyer.
Each of the “NFTiffs” sold on the blockchain for 30 ETH (about $50,000 per unit compared to the market price). The auction began on 5 August 2022 on a dedicated site and was due to end on 12 August. In just 20 minutes, however, all non-fungible Tiffany & Co. tokens found takers.
For Tiffany & Co. belonging to the LVMH group, this represents a turnover of 12.5 million dollars.
Thus, buyers will have the choice of storing their “NFTiff” in the blockchain or exchanging it for a custom-made Tiffany & Co. pendant. The physical pendant is not expected to be delivered to the buyer until early next year.
Tiffany & Co. was delighted with the sale, which was a great success. Especially as this is the brand’s first step into the Web3. The brand alluded to other projects in Web3, which are expected to come to fruition soon.
Featured photos : © Tiffany & Co.[/vc_column_text][/vc_column][/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]
Tiffany & Co. has sold “NFTiffs” to CryptoPunk NFT holders in record time. Owners of these NFTiffs will only have until August 12 to reserve their personalised pendants. Delivery is expected early next year.
Last week, Tiffany & Co. offered a limited edition of 250 pendants featuring the NFT CryptoPunk, one of the oldest and most popular NTF collections in the digital art market. NFT CryptoPunk holders had the opportunity to purchase a personalised piece of Tiffany & Co. jewellery featuring their avatars along with an “NFTiff” – non-fungible tokens (JNF or NFT) associated with the pendant series.
NFTiff couldn’t be easier. Purchase your NFT through the NFTiff gateway, choose your CryptoPunk and Tiffany artisans will transform it into a bespoke pendant. Discover more: https://t.co/wL1q7iGYJi #NFTiff #TiffanyAndCo pic.twitter.com/KUVS9poEjj
— Tiffany & Co. (@TiffanyAndCo) August 5, 2022
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Tiffany & Co. has sold “NFTiffs” to CryptoPunk NFT holders in record time. Owners of these NFTiffs will only have until August 12 to reserve their personalised pendants. Delivery is expected early next year.
Last week, Tiffany & Co. offered a limited edition of 250 pendants featuring the NFT CryptoPunk, one of the oldest and most popular NTF collections in the digital art market. NFT CryptoPunk holders had the opportunity to purchase a personalised piece of Tiffany & Co. jewellery featuring their avatars along with an “NFTiff” – non-fungible tokens (JNF or NFT) associated with the pendant series.
NFTiff couldn’t be easier. Purchase your NFT through the NFTiff gateway, choose your CryptoPunk and Tiffany artisans will transform it into a bespoke pendant. Discover more: https://t.co/wL1q7iGYJi #NFTiff #TiffanyAndCo pic.twitter.com/KUVS9poEjj
— Tiffany & Co. (@TiffanyAndCo) August 5, 2022
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