ICYMI: Tiffany CryptoPunk NFTs are already being ‘flipped’
Tiffany's unveiled its NFTiff collection, exclusively for the CryptoPunk NFT community, powered by blockchain solutions company Chain. Alexandre Arnault, son of billionaire LVMH chairman Bernard Arnault, is a CryptoPunk holder himself and had helped spearhead the project.
There are 250 of these tokens, which CryptoPunk holders can use to get a custom pendant of NFT artwork. The passes cost 30 Ethereum, or $50,000. Customers canThe company invited 100 Punks to buy their passes early, though how that was determined is unknown. When The Block contacted Chain, media representatives declined to comment.
According to data compiled via Dune, the most common trait NFTiff-holding Punks have is an earring, with seven NFTs out of the 100 minted sporting that trait.© 2022 The Block Crypto, Inc. 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.Anushree covers how U.S. businesses and corporations are moving into crypto.
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