Recognized and exclusive jewelry brand Tiffany & Co is ready to sell personalized CryptoPunk NFT pendants for 30 ETH each. The promotion is only valid for CryptoPunks holders and it would be a good opportunity for the buyer to receive an additional NFT version of the pendant. The information was posted by Tiffany & Co on Twitter a few hours ago.
Tiffany & Co will sell personalized CryptoPunk NFTs for 30 ETH
In a recently posted Tweet, Tiffany & Co announced that they are taking NFTs to the next level by offer new CryptoPunk-like pendants to CryptoPunk holders. It is one of the latest market trends to entice crypto users and NFT enthusiasts to buy high quality products like these pendants.
We’re taking NFTs to the next level. Exclusive to CryptoPunks holders, NFTiff turns your NFT into a bespoke pendant handcrafted by the artisans of Tiffany & Co.. You will also receive an additional NFT version of the pendant. Learn more: https://t.co/FJwCAxw8TN #NFTiff #TiffanyAndCo pic.twitter.com/pyKlWejHv4
— Tiffany & Co. (@TiffanyAndCo) July 31, 2022
Users can get more information about new NFTs and pendants through the NFT Tiffany & Co official website. The sale starts in just 4 days and there is a limited supply of 250 pendants with their respective NFTs. The price of each of these custom CryptoPunk NFTs is 30 ETH.
The official website says about the new NFTiff initiative:
“The NFTiffs represent a collection of 250 digital passes, offered by Tiffany & Co. that can be minted when purchased and redeemed by CryptoPunks holders for the creation of a custom-designed pendant and artwork digital NFT that resembles the final jewelry design.”
Tiffany & Co designers will be responsible for interpreting each CryptoPunk and creating custom pendants. The team will cover 87 different attributes and 159 colors. These are the traits present in the collection of 10,000 CryptoPunk NFTs.
Tiffany & Co explains that depending on the CryptoPunk chosen by the person, there will be different gemstones such as sapphires, amethyst and spinel. In October of this year, customers will receive a rendering of their piece. However, they would not be able to provide feedback or change the rendering design.
The pendants will also use 18k rose or yellow gold depending on the color palette of the NFT the user is presenting. Other types of gold (18R and 18Y) will also be included in the NFT. However, this could change depending on the characteristics of each NFT and the selected CryptoPunk.
Going back to the stones, each of the pendants will have at least 30 stones. These stones could be gemstones and diamonds. It should be taken into consideration that the carat weight per piece will also vary depending on the attributes.
People who have been in the crypto and NFT markets know that CryptoPunk is among the most exclusive and popular collections of NFTs running on top of the Ethereum blockchain. Each of the CryptoPunks has unique characteristics, making it the only NFT of its kind. Thanks to Tiffany & Co, it is now possible for NFT enthusiasts to access some of the most exclusive jewelry companies and obtain a CryptoPunk pendant constructed with precious metals.