Gucci Collaborates with Yuga Labs to Release Limited Edition KodaPendant NFT and Matching Physical Necklace

04/04/2023 00:21 • AI & Tech Insights • 79 views

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

As the world continues to advance in technology, the concept of non-fungible tokens (NFTs) has become increasingly popular. Luxury brand Gucci has joined the trend and announced on social media on April 4th, 2022, that it would collaborate with Yuga Labs in a new metaverse game called Otherside. Gucci will launch a limited edition KodaPendant NFT and a matching physical necklace.

What is Gucci’s collaboration with Yuga Labs?

Gucci, the luxury goods giant, has teamed up with Yuga Labs to launch its very own NFT. Yuga Labs is an organization specializing in blockchain technology and is the creator of the popular Cryptopunks NFTs. In the collaboration, Gucci will release a unique NFT called KodaPendant, which is part of the Otherside metaverse game.

What is the Otherside metaverse game?

Otherside is a metaverse game created by Yuga Labs. In the game, players can purchase virtual real estate, interact with other players, and buy and sell digital items such as NFTs. KodaPendant is the newest addition to the game, created in collaboration with Gucci.

How many pieces are available for the KodaPendant NFT?

There are a total of 3333 pieces of KodaPendant available, each priced at 450 APE. The sales are limited to 24 hours beginning April 7th at 6am Beijing time. Eligible participants must hold Koda or Vessel NFTs to participate in the sales.

What does the KodaPendant necklace look like?

The KodaPendant necklace is made of 925 silver with an antique finish. The pendant is shaped like Koda and features the “GG” logo. Each pendant has a unique version number on the back, making it a one-of-a-kind piece of jewelry.

How to obtain the KodaPendant NFT and Necklace?

To obtain the KodaPendant NFT and necklace, one must hold Koda or Vessel NFTs that are eligible for participating in the sales, thus ensuring eligibility for a KodaPendant NFT. The NFTs can be purchased on the Otherside game platform, with each NFT priced at 450 APE.

Conclusion

Gucci’s collaboration with Yuga Labs and the introduction of KodaPendant NFTs and necklaces show how brands are exploring the endless possibilities of the metaverse. This latest offering by Gucci is yet another testament to how the luxury industry is moving forward with technology. KodaPendant’s unique feature, enabling each pendant to have a unique version number on the back, adds a touch of exclusivity to the piece.

FAQs

1. What Is Gucci’s Collab with Yuga Labs about?
Ans. Gucci partnered with Yuga Labs to release its own NFT called KodaPendant.
2. What is Otherside?
Ans. Otherside is a metaverse game created by Yuga Labs.
3. How Many Pieces of KodaPendant Are Available?
Ans. There are 3333 pieces of KodaPendant available for purchase.

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