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HN NFT Vault – The Physical NFT Store Launched by Harvey Nichols Hong Kong

Harvey Nichols has launched the ‘HN NFT Vault,' an NFT retail space in its Pacific Place store in Hong Kong.

Harvey Nichols has launched the u2018HN NFT Vault,’ an NFT retail space in its Pacific Place store in Hong Kong.

The innovative and first-of-its-kind concept will allow customers to browse, purchase and sell NFTs via swift and secure transactions, meaning the store will essentially serve as a physical NFT marketplace. That being said, and on brand with the companyu2019s luxury appeal, the store has employed a strict NFT vetting policy, meaning only assets of the u2018blue-chipu2019 variety will be showcased and sold within the HN NFT Vault (which is a slight contradiction on the goal of the store being to add u2018accessibilityu2019 to NFTs to a broader audience).

So far, the company has stated that NFTs from collections such as CryptoPunks, Bored Ape Yacht Club, CloneX x Takashi Murakami, Azuki and Doodles can be observed within the store. Those lucky enough to afford a purchase of such NFTs can do so via cryptocurrency or fiat, where they can also create and purchase apparel based on their NFT.

Although the novel concept is certainly a u2018first-of-its-kind,u2019 it isn’t the first time collectors have been able to cop an NFT in a physical store. The first instance of customers being able to purchase NFTs in-store was at Harvey Nichols’ luxury department store rival Selfridges, who sold NFTs from Paco Rabanneu2019s Dress collection in its flagship London store back in January.


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