launches a phygital NFT collection for CryptoPunk holders

Tiffany & Co. is partnering with CryptoPunks to start a new program called NFTiff. The world-renowned jewelry brand will drop an exclusive NFT collection featuring 250 NFT passes for CryptoPunk holders.

CryptoPunks NFT holders can now mint Tiffany & Co.'s passes and get a custom-made pendant based on their NFTs personally designed by the brand’s designers.

The brand will use 30 gemstones such as Sapphires, Amethyst, and Spinel or diamonds to make the pendant similar to the NFT collection, each different from another based on their rarities and colors. The pendant chain will be made with 18k gold inspired by the square pixels shape of NFTs.

Anyone can mint for Tiffany & Co. NFT collection except those who belong to OFAC sanctioned country list. The sale for the collection will begin on August 5, 2022, at 10:00 AM EST for all users and the deadline for redeeming the NFT is August 12, 2022, at 9:00 PM EST.

The NFT will be available for viewing on the Ethereum blockchain as soon as one makes a purchase, while the pendant will be shipped in 2023 but a render will be sent to pass holders in October.