THE DAILY ENCRYPT

October 3, 2022

Jewelry Giant Tiffany & Co Unveil 250 Limited Edition NFTs at 30ETH Each

The 250 NFTs in the upcoming sale will be limited edition and each one priced at 30 Ethereum....
Silver Wedding Band on Blue Textile
Photo by Miriam Salgado

The 250 NFTs in the upcoming sale will be limited edition and each one priced at 30 Ethereum.
Tiffany & Co. has been a prominent name in luxury goods for more than a century and is now launching a series NFTs.

A video showing a pixelated grid revealed NFTiff, the jeweler who hinted at its sale that will begin on August 5th was tweeted by the jeweler.

The tweet also stated a price for 30 Ethereum (just under $51,000 at the current price).

Cozomo De’ Medici, an influential NFT trader, shared an image that showed a description for NFTiffs. It stated that the offering would consist of a series digital and physical pendants made for Cryptopunk owners that would look similar to their existing NFTs.

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According to the website, the offer will be available in a limited quantity of 250. After Tiffany & Co. has been exploring Web3 for months, Tiffany & Co. is now offering the NFTiffs as the first NFT product.

Tiffany & Co. made its first foray into NFT with the purchase of an Okapi NFT by Tom Sachs in March. , a luxury goods retailer, reportedly purchased the NFT from Tom Sachs for $380,000. Since then, the company has used it as its profile picture on Twitter.

TiffCoins were a limited-edition series of gold coins, which it released the next month. They debuted on April Fools Day. Each one of the 499 solid gold coins was limited in production.

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Tiffany & Co. declared on its website that “No, We’re Not Launching Our Own Cryptocurrency.” These real, limited-release 18k Gold coins are a celebration of our history and a modern version our Tiffany Money.

Tiffany & Co. created a pendant in April for Alexandre Arnault (the company’s executive vice-president of products and communications) that featured CryptoPunk #3167. He owns it. It was made from rose gold and encrusted in sapphire, ruby, yellow diamond.

NFTiffs’ page features a statement at its bottom that it’s “powered” by chain, a block-chain-based technology company founded in 2014. It has received funding from companies like Visa, Capital One, Nasdaq and Nasdaq.

Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".
Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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