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Renowned luxury jewelry company Tiffany & Co has announced the launch via their social media Pendants with name CryptoPunks. This initiative, called NFTiff, will do so reserved for owners only token from the CryptoPunks collection.
As for the followers they won’t be available only in 250 piecesThey come with a unique NFT representing them and are trading at 30 ETH, or just over $ 50,000 at the current price.
Sale starts Friday 5th August and ends 12th August. The trailers are expected to be delivered in early 2023.
The campaign started a few months ago
If you’ve been following the NFT news for a few months, this news might bring back memories. In reality this is not the case This isn’t the first time Tiffany & Co has made headlines this way. In April last year, Alexandre Arno, the company’s vice president, made a copy of his CryptoPunk # 3167 himself.
This approach, which has been very well received on social media, behind the ongoing campaign brand, the latter also managed by Alexandre Arno.
Painstaking work, for very rare specimens
While the price of 30 ETH may seem extremely high and has generated a lot of backlash on social media, it must be said,These are very well made charms.and whose stones are expensive.
In this regard, the company said so at least thirty jewels used in the design of each of these pendants.
In addition, 87 attributes and 159 colors presented in this collection are reproduced. as true as possible, so these pendants are as unique as the NFTs they are made from. The back of each pendant is also engraved with its number in the collection.
Eventually, the owners understand this too digital version of their trailerin the form of an NFT, as well as a certificate of authenticity.
As for the rarity of the pendant, this one simply undeniable.
First, these gems will be reserved for owners of CryptoPunks, which already reduces the audience to around 3500 people. But that’s not all, as these parts will be the ones no more than 3 per person (For this the KYC procedure will be introduced) only 250 copies will be available.
Furthermore, among these 250 copies, the information contained in the contract appears to indicate this only 200 of them will be in the public domain. The remaining 50 are to be reserved for sale between individuals.
Clean, also among the owners of CryptoPunks NFTvery few people will have the privilege of owning one of these charms.
CryptoPunks, a major NFT project
The fact that Tiffany & Co chose the CryptoPunks project nothing but trivial.
Of course, this is largely due to the fact that Alexander Arno is a fan of the project. But beyond that CryptoPunks is the flagship project in the NFT world..
It was introduced in 2017 and has made a significant contribution to development non-fungible tokens and is considered the undeniable pillar of this revolution.
If we draw a parallel with cryptocurrencies, the CryptoPunks project will represent Bitcoin in the eyes of many people.
While it’s not necessarily the most publicized project right now, CryptoPunks is and always will be an indispensable collectionthat will stand the test of time. And this regardless of the current development of the NFT market.
Another company on the Internet3
Thanks to this initiative, Tiffany & Co is now part of it long list of companies they have the desire to integrate into the world of the web3.
The company has already shown interest in this sector, be it an initiative conceived a few months ago by Alexandre Arno or even He did the April Fool’s jokes this year.
The company then announced the launch of TiffCoin, a cryptocurrency in its name, which it later converted into an 18-karat gold coin. It was available in limited edition of 500 copies.
If you would like to learn more about NFTs and get advice on buying:
NFT: the complete guide for beginners