Luxury jewellery brand Tiffany & Co. has announced that it will be hosting a sale of diamond and gemstone encrusted pendants that will be exclusively available for CryptoPunk NFT holders. The initiative is entitled ‘NFTiff,’ and consists of 250 handcraft pendants that also come with NFT counterparts.
Each CryptoPunk NFT (and its respective holder) is limited to minting a maximum of three pendants/ NFTiff tokens. Each pendant will be uniquely customised as there will be 87 different attributes and 159 colours that make up their designs. The pendant’s actual material will be comprised of either 18-karat rose or yellow gold, with the colour palette of the CryptoPunk NFT in question to determine which one it will be. Each pendant will also feature at least 30 gemstones (such as sapphire, amethyst, and spinel) and/or diamonds.
The NFTiff token sale will take place on the project’s website on August 5th at 2PM UTC. Each will cost 30 ETH (or $50,600) apiece.
The delivery date for the physical pendants is expected to be in early 2023, although the digital NFTiff counterpart will be available to view as a 1/1 NFT once the final rendering of the pendant is produced (which is set to take place by October 2022).
To get a sneak peek into what the pendant’s aesthetics will look like, check out Alexandre Arnault’s (Tiffany & Co. president) rose gold and enamel CryptoPunk earrings, which were made in conjunction with his CryptoPunk #3167 back in April.