Tiffany's wants cryptopunk owners to buy suitable bling for $ 50,000 ETH

Tiffany's wants cryptopunk owners to buy suitable bling for $ 50,000 ETH

The luxury jeweler Tiffany’s wants to help cryptopunk owners present their NFTS (not fungible tokens) in the real world-in exchange for $ 50,000 in ether (Eth).

The LVMH brand on Sunday announced The sale of 250 customer-specific supporters and gemstones occupied supporters with chains that are referred to as "NFTFFFS".

They were designed by Tiffany & Co designers and cost 30 ETH each ($ 51,000). NFTFIFF buyers receive both a digital and a physical version of the NFT counterparts.

Every cryptopunk owner can purchase up to three NFFIFFS. If Tiffany’s succeeds in selling all of his pieces in limited edition, it could bring in 7,500 ETH ($ 12.7 million).

Tiffany's NFT-Sale only lasts a week. It goes on August 5 at 10:00 a.m. ET LIVE and ends on August 12th at 9:00 p.m. Delivery should take place in early 2023.

Blockchain company Chaindas is supported by investors such as Pantera Capital, Capital One, Citigroup and Visa, NFTIFFS has teamed up to make it easier.

Chain Ceo Deepak Thapliyal Twitter Crypto immunity, with some the followers called overpriced.

Alexandre Arnault, Vice President of Tiffany & Co, the NFT series for the first time in April interpreted Twitter Cryptopunk NFT showed as a rose gold and enamel trailer. The Tiffany brand and the NFT number of Cryptopunk were engraved on it.

Tiffany tested the web3 waters before they are dived in

nfiffs are the first NFT series offered by Tiffany’s, but the brand tried it all year round in the web3 area.

tiffanys announced his entry into the area of ​​the digital collector's pieces with the purchase of the Okapi from Rocket Factory for 115 ETH (then $ 361,000, today 380,000 USD) at the end of March. Since then the jeweler has been using the NFT as a Twitter profile picture.

and in the April Fool's joke it brought a number of gold coins in limited edition with the name out

A growing number of luxury brands has entered the NFT market, including Gucci, Louis Vuitton, Givenchy and Burberry.