Friday, December 8, 2023

Tiffany launches series of NFTs, sale to begin on Aug 5.

A world-renowned luxury brand Tiffany & Co. is set to launch a series of NFTs which would be available for $50,000 (30 ETH) each from August 5. The jeweler has tweeted a video of a pixelated grid revealing NFTiff to pick up momentum.

Tiffany & Co. is taking non-fungible tokens to the next level. It will be exclusive to CryptoPunk holders. The brand tweeted that the NFTiff will transform the NFT into a bespoke pendant handcrafted by Tiffany & Co. artisans. The users will receive an additional NFT version of the pendant. An image shared by Cozomo de’ Medici, an influential NFT trader, highlighted that NFTiffs would offer a series of digital and physical pendants. Its made particularly for owners of CryptoPunks – resembling the NFTs they already own.

NFTiffs will have a limited supply of 250. Tiffany & Co initially ventured into the NFT space in March with its purchase of an Okapi NFT from Tom Sachs. It bought the NFT for $380,000 and has set it as the company’s profile picture on Twitter. The following month, Tiffany & Co. dropped TiffCoins – a series of limited edition gold coins that made its debut on April Fool’s Day. There were 499 solid gold coins in production and were engraved individually. It described the limited-release 18k gold coins as a modern version of Tiffany Money and a celebration of the company’s history.

The brand also created a pendant for Alexandre Arnault, who is Tiffanys executive vice president of products and communications. It had the likeness of CryptoPunk #3167. The pendant was made of rose gold encrusted with sapphire, ruby, and yellow diamond.

Cryptured Team
Cryptured Team
The writers team at is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

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