- Tiffany & Co is a world-renowned luxury jewelry and specialty retailer.
- The pendant will also be made of gold, stones, and enamel.
- Punk Ventures says that they want to show that NFTs can be used for more than speculation.
Tiffany & Co. has launched “NFTiff,” a collection of 250 NFT passes that can be minted and redeemed by CryptoPunks members to create a unique pendant and an NFT digital artwork.
The pendant will be designed and made by Tiffany & Co. artists, who will take inspiration from the Cryptopunk owner’s Punk NFT and translate the 87 qualities and 159 hues found in the collection of 10,000 CryptoPunk NFTs to the most comparable gemstone or enamel color.
The pendant also will be made of gold, stones, and enamel, and the chain will be 18k gold adjustable between 18″-20″-22″ of rectangular links inspired by the form of square pixels. Each NFTiff will cost 30 ETH or $50.716,80 (at the time of writing), which includes the NFT, the bespoke pendant, the chain, and shipping/handling.
We want to show that NFTs can be used for more than just speculation,” says Watkinson. “With NFTiff, we’re hoping to raise awareness and funds for good causes, while also giving CryptoPunk holders a way to show off their NFTs in the real world.
Punk Ventures is a spin-out from Larva Labs, the studio behind CryptoPunks. Punk Ventures is focused on building products and experiences that bring NFTs to the physical world.
John Watkinson, the co-founder of Punks Ventures, says that they want to show that NFTs can be used for more than speculation and can be beautiful physical objects that you can wear in the real world. With NFTiff, Punks Ventures is hoping to raise awareness and funds for good causes.
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