Tiffany is offering $50,000 personalised CryptoPunk pendants
CryptoPunk holders may acquire handmade jewelry patterned like their NFT (non-fungible token) from Tiffany & Co. for about $50,000 (30 Ethereum) – and no, this is not a joke. The pendant, which will include “at least” 30 diamonds or gemstones, will be suspended on an 18K gold chain with a clasp set with five pave diamonds.
The promotion is exclusively available to CryptoPunk owners, hence the bizarre pixelated avatars you keep seeing on Twitter (no, not those ones, the other ones). But don’t be fooled by the too basic graphics – the average cost of these things is over $200,000, even after many months of diminishing market sales activity. There are only 10,000 CryptoPunk designs, and you can now have your own customized into a gem-laden pendant (assuming you’re wealthy enough to purchase the NFT or the pendant in the first place).