Luxury Retailer Tiffany & Co Announces NFT-Linked Jeweled Pendants – Bitcoin Blockchain News

Luxury jewelry and specialty retailer Tiffany & Co has announced that the company plans to sell 250 non-fungible token cards called “Nftiff.” Basically, Cryptopunk holders will be able to get one of the 250 Nftiffs for 30 Ether or roughly $50,000 using the current Ethereum exchange rates.

Tiffany & Co. reveals. About a limited edition Cryptopunk bejeweled necklace backed by 250 non-fungible tokens

30 ETH It was trending on Twitter on Sunday afternoon after luxury jewelry company Tiffany & Co. (NYSE: TIF) announce: “The future is here and it’s called Naftif.” Essentially, Nftiff is a new product from Tiffany that aims to combine the beauty of digital collectibles with fine jewelry. company Blog post About the Limited Edition Nftiff Products notes that the pots represent a set of 250 digital passes.

However, Nftiffs from Tiffany can only be purchased by Cryptopunks NFT holders and the customer is limited to purchasing three Nftiffs. Buyers will receive a custom designed and NFT necklace that looks like jewelry. Each Tiffany Nftiff will be sold for 30 ethereum (ETH) on August 5, 2022, at 10:00 AM (EST), and at the time of writing, 30 ETH Approximately $50,481 USD. Buyers will receive NFT, necklace and shipping after paying for Tiffany’s branded NFTs.

Luxury Retail Tiffany & Co. Announces Jeweled Pendants Associated with NFTs
The company shared a video of Tiffany & Co. necklaces. Themed Cryptopunks.

“Designers of Tiffany & Co. will translate each Cryptopunk into custom-designed pendants – converting the 87 and 159 color themes that appear across the range of 10,000 Cryptopunk NFTs to the most similar gemstone or enamel color,” details the company’s blog post. The luxury jewelry company added:

Depending on the Cryptopunk owners purchasing the pendants, each piece will use a minimum of 30 gems and/or diamonds to create custom designs in the highest resolution of original NFT art. Examples of gemstones include but are not limited to sapphire, amethyst, and spinel.

Tiffany digital collectibles and 30 Ether price for all NFT Spark chats announced on social media

Tiffany’s Nftiffs have been a topical conversation on Twitter, and many people have commented on how expensive they are. Tiffany launches 250 NFTs for 30 ETH Each = $11 million. In this market “one individual” Wrote. “My desire to start a Web3 strategy consulting firm is growing every day,” the person added. One individual who said they put NFTs on jewelry before Tiffany came up with the idea, tweeted about Tiffany’s upcoming NFT launch. Nftjeweler.eth He said:

When I put Cryptopunks on jewelry, everyone made fun of me. Currently [Tiffany’s] About to drop 250 Series Punk and sell it for 30 ETH All.

Luxury Retail Tiffany & Co. Announces Jeweled Pendants Associated with NFTs
Jewelery made by crypto supporter and Twitter account Nftjeweler.eth.

Tiffany says people need to make sure they interact with official Nftiffs a necklace The company asserts that is the only site that will sell Tiffany’s Nftiffs. Tiffany has teamed up with Web3 and blockchain cloud infrastructure company series And simply features a countdown timer and a link to the FAQ page.

Tags in this story

30 ETH, 30 ethereum, Aug 5, Blockchain, Blog Post, critics, cryptopunk, Cryptopunks necklace, fine jewelry, luxury jewelry company, Nft, Nftjeweler.eth, NFTs, non-fungible token, NYSE: TIF, social media, seller Retail specialist, Tiffany & Co., Nevtiv Tiffany, Tiffany

What do you think of Tiffany & Co.? Nftiffs coming? Tell us what you think about it in the comments section below.

Jimmy Redman

Jamie Redman is the head of news at News and a technology financial journalist based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for News about the disruptive protocols emerging today.

photo credits: Shutterstock, Pixabay, Wiki Commons, Editorial credit: Claudio Stocco /, Nftjeweler.eth via Twitter, Tiffany & Co.

disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services or companies. It does not provide investment, tax, legal or accounting advice. Neither the Company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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