Tiffany sold 250 NFT pendants in the form of CryptoPunks

by in Cryptocurrency News

Tiffany

Jewelry brand Tiffany & Co. sold all 250 limited-edition jewelry pieces based on the CryptoPunks Series of Non-Fungible Tokens (NFTs).

Pre-orders closed 22 minutes after launch. 100 CryptoPunks holders were able to apply for the pendant as early as August 3rd.

Each NFTiffs sold for 30 ETH (about $52,000 at the exchange rate at the time of writing). So, 250 tokens were brought by Tiffany & Co. approximately $13 million

All products are encrusted with diamonds and act as copies of unique NFTs. The sale bundle includes an additional non-fungible token from Tiffany.

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Buyers will receive samples of the pendants by October 2022 and will not be able to participate in the design process. The finished jewelry is promised to be delivered in early 2023.

Read about what CryptoPunks are and who created them in ForkLog educational cards.

Previously, the rights to NFT with pixel punks were bought by Yuga Labs, the company behind the competing Bored Ape Yacht Club collection.