Tiffany launches luxury jewelry as physical NFTsy

Tiffany & Co. the U.S.-based luxury jewelry and goldsmithing company will launch its collection of NFTs called NFTiff and it will be for CryptoPunk owners.

Tiffany & CO. is one of the most recognized luxury jewelry companies since 1837. Currently, they have launched the “NFTiff” collection, as they always want to be at the forefront of new technologies and ways to attract the public interested in their products and services.

The jewelers company have made the official announcement by their. Twitter account with the phrase “The future is here and it’s called NFTiff”. The main price will be 30 Ether, the native currency of the Ethereum blockchain, the price in dollars as of the day of making this note is approximately $50,000 USD.

It was reported that there will be 250 NFTs in the collection and in addition to having their digital assets, holders of the non-fungible tokens will receive the same asset in physical form.

Consequently, the collection that will be exclusive to owners of the CryptoPunk will be able to have beyond that non-fungible, the NFT and the physical asset of the jewel that was presented as a pendant encrusted with thirty diamonds by one of the most important jewelry brands in the world.

On this site you will be able to see the countdown and also when all the marketing and launching of the collection will be done: NFT.Tiffany.

The pendant was designed as follows: They will interpret CryptoPunk into different customizable, converting 87 attributes and 159 colors that appear in the 10,000 CryptoPunk NFTs into the most similar enamel or gemstone color.

About 30 gemstones and/or diamonds will be used to be created with the utmost fidelity to the original NFT art. Among the diamonds are spinels, amethysts and the well-known sapphires.

The sizes of the pendants will vary according to the NFTs, approximately 30 mm long and between 20 and 30 mm wide.

The pendants will be made of different materials. They will have the possibility to be either rose gold or yellow gold depending on the color of the CryptoPunks. The lighter colors will be 18R and the darker colors will be 18Y.

The chain will be set in 18k gold between 18″ – 20″ – 22″ (inches) rectangular links, which are inspired by the shape of square pixels.

The handle (connecting device to the pendant) allows a fluid movement of the pendant and is accented with 5 diamond pavés.

Select custom pendants will include elegant stone shapes. For example, to create the 3D glasses, Tiffany designers will take advantage of baguette stones.

All stones will meet Tiffany & Co. ethical and sustainability standards.

CryptoPunk colors are represented as closely as possible using the natural colors of various gemstones.

Delivery of the physical assets will be in early 2023. These will include:

  • Personalized pendant on a chain

  • Certificate of authenticity

  • Exclusive Tiffany & CO. packaging.

To purchase the NFTiff you must use a wallet where you control your private keys. The same jewelry company recommends Metamask, Coinbase Wallet or Trust Wallet, since it will not be possible to make the transfer through exchange wallets.

Finally, those interested in acquiring one of these NFTs, who will then be able to receive them in physical form have the possibility to purchase a maximum of 3 NFTiffs from one of the most luxurious and innovative collections in the non-fungible token industry.

Written by Rodrigo Catalan (TW: @RodrigoCatalanB) for NFT Express.