Jewelry brand Tiffany and Co. is releasing 250 diamond-encrusted CryptoPunk necklaces exclusive to the collection’s holders. elitanjourno reports
The company is selling 250 customized, diamond-encrusted pendant necklaces for 30 ETH a pop to holders of the famed collection.
Each necklace will include a combination of 30 diamonds and gemstones, according to Tiffany’sThe necklaces will go on sale Aug. 5 and are only available for CryptoPunk holders to purchase in the form of NFTs redeemable for the physical necklaces. Tiffany’s will net over $12 million from the sale’s sellout, standing to make even more profit from resale royalties.
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