Tiffany & Co lounched the first NFT collection!
The NFT market boomed as jewelry brand Tiffany & Co. announced its first collection “NFTiff”, connects with the most expensive and most popular project in the Ethereum blockchain – CryptoPunks tokens.
Purchase of NFTiff, which will be released in a limited number of 250 pieces, available to all owners of one of the 10,000. original CryptoPunks, will allow the buyer to exchange the token for a unique pendant, created by craftsmen, representing the virtual character in his possession.
The price of a single pendant is ETH 30, or nearly $ 50,000, and jewelry, according to Tiffany’s announcement, will be made of 18K rose or yellow gold and inlaid with at least 30 gemstones. Happy owners will receive ready pendants only in 2023, and their version in the form of the NFT token in October this year.
Since the announcement of the NFTiff project by the jewelry mogul, sales of CryptoPunks have increased by 248%.