Luxury Brand Gucci Launches Limited Edition KodaPendant NFT and Matching Physical Necklaces in Collaboration with Yuga Labs’ Metaverse Game Otherside
On April 4th, luxury goods giant Gucci announced on social media that it will collaborate with Yuga Labs\’ metaverse game Otherside to launch a limited edition K
On April 4th, luxury goods giant Gucci announced on social media that it will collaborate with Yuga Labs’ metaverse game Otherside to launch a limited edition KodaPendant NFT and matching physical necklaces. The NFT has a total of 3333 pieces and will start selling at 6am Beijing time on April 7th. The sales are limited to 24 hours and eligible participants must hold Koda or Vessel NFTs, with each KodaPendant NFT priced at 450 APE. It is reported that the actual KodaPendant necklace is made of 925 silver, with an antique finish and a Koda shaped pendant with a “GG” logo. Each pendant has a unique version number on the back.
Gucci and Yuga Labs collaborate to launch KodaPendant NFT and physical necklaces, which will be available for sale on April 7th
On April 4th, 2022, luxury fashion house Gucci made a big announcement on social media that it would be collaborating with Yuga Labs’ metaverse game Otherside to launch a limited edition KodaPendant NFT and matching physical necklaces. The announcement quickly generated a lot of buzz on social media, with people around the world eagerly anticipating the release of the NFT and necklace.
What is a KodaPendant NFT?
A KodaPendant NFT is a non-fungible token, which is essentially a unique digital asset stored on a blockchain. In this case, the KodaPendant NFT is a digital representation of a physical pendant necklace that has been designed by Gucci and Yuga Labs. There are a limited number of KodaPendant NFTs available, with a total of 3333 pieces being produced.
The Launch
The KodaPendant NFTs went on sale at 6am Beijing time on April 7th, 2022, and the sales were limited to 24 hours. To be eligible to purchase a KodaPendant NFT, buyers needed to hold Koda or Vessel NFTs. Each KodaPendant NFT was priced at 450 APE, and it is reported that the actual KodaPendant necklace is made of 925 silver, with an antique finish and a Koda shaped pendant with a “GG” logo. Each pendant has a unique version number on the back.
The Collaboration
The collaboration between Gucci and Yuga Labs’ Otherside is an exciting development in the world of luxury fashion and blockchain technology. By creating a limited edition KodaPendant NFT, Gucci is tapping into the growing interest in digital assets and NFTs. The collaboration also shows how fashion and gaming can come together to create something truly unique and innovative.
The Future of NFTs
The launch of the KodaPendant NFT is just one example of how NFTs are transforming the world of art, fashion, and collectibles. As more and more companies explore the potential of NFTs, we are likely to see even more creative and exciting projects in the future.
Conclusion
Gucci’s collaboration with Yuga Labs’ Otherside to launch a limited edition KodaPendant NFT and matching physical necklaces is a clear indication of the growing interest in blockchain technology and NFTs in the luxury fashion industry. The launch sold out within 24 hours, showing just how much demand there is for unique digital assets. It will be exciting to see what the future holds for NFTs and the world of luxury fashion.
FAQs
1. What is a KodaPendant NFT?
A KodaPendant NFT is a non-fungible token, which is essentially a unique digital asset stored on a blockchain. In this case, the KodaPendant NFT is a digital representation of a physical pendant necklace that has been designed by Gucci and Yuga Labs.
2. How much does a KodaPendant NFT cost?
For the limited edition launch, each KodaPendant NFT was priced at 450 APE.
3. How many KodaPendant NFTs are available?
There are a total of 3333 KodaPendant NFTs available as part of the limited edition launch.
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