Tiffany & Co. decided to enter the world of NFTs choosing CryptoPunk, a way of getting immediate hype and turn CryptoPunks into custom of the jewelry brand.

NFTiffs represent a collection of 250 digital passes, offered by the jewelry company, which may be minted when purchased and redeemed by CryptoPunks holders for the creation of a custom designed pendant and a NFT digital artwork that resembles the final jewelry design. The pendant will be designed and crafted by Tiffany & Co. artisans, and inspired by the Cryptopunk owner’s Punk NFT.

Each NFTiff, that costs 30 ETH (about 50,000 USD), will include the price of the NFT, the custom pendant, the chain, and shipping and handling. The clients will receive a render of their piece by October 2022 and take the result as it is without having a chance to give a feedback.

Depending on which CryptoPunk owners purchase pendants, each piece will use at least 30 gemstones and/or diamonds to create the custom designs with the highest fidelity to the original NFT art. Examples of gemstones include but are not limited to Sapphires, Amethyst, and Spinel. Each pendant will be engraved with CryptoPunk series number on the reverse along with the Tiffany & Co. logo.