Tiffany & Co. is launching pendants to owners of CryptoPunks (a non-fungible token collection of 10,000 unique and collectible characters on the Ethereum blockchain) each priced at 30 ETH, equivalent to just under $50,000, according to IDEX Online.
According to Tiffany’s, it is “taking NFTs to “the next level” by creating NFTiffs, or replicas of the virtual CryptoPunk designs. Tiffany will produce only 250 of the pendants and each will have “at least 30 stones, among them diamonds and colored gemstones.”
Since their launch in June 2017, sales of CryptoPunks have totaled $1.84 billion. The cheapest is currently available for around $121,000.
