Luxury jewelry maker Tiffany is launching an ‘exclusive’ line of wildly expensive NFTs-inspired pendants called NFTiffs. The first 250 CryptoPunk NFT holders will receive both a real-life pendant that resembles their NFT, as well as a corresponding NFTiff NFT. Each of the NFT pendants will ring in at about 30 Ethereum each, which is currently worth around $48,500. The brand’s executive vice president Alexandre Arnault, son of the world’s third-richest man Bernard Arnault has taken a radically different approach to Web3 than his father, who has reigned as CEO of LVMH Moët Hennessy Louis Vuitton (LVMH) . . .
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