Less than a week after the news of the collaboration with the luxury fashion house, gucciand major Web3 companies, Yuga Lab After breaking up, the two companies announced their first joint project.dubbing “Otherside: Relics by Gucci” The collection contains 3,333 KodaPendants attached to silver necklaces that are physically linked to NFTs.
— Gucci (@gucci) April 3, 2023
These pedants are the first relics to emerge from this interesting partnership. The physical chain is said to be 50 centimeters long, and on top of that, “GG” Their sale will start on April 6th at 6pm EST and each chain will sell for 450 $ApeCoin.
Who has access to Yuga Labs KodaPendants?
Unfortunately, KodaPendants are not accessible to everyone, only those who have a Koda or Vessel NFT. When Yuga Labs debuted Otherdeeds last year, some included Koda’s character, which the owner recently managed to cut from his NFT of the original. Additionally, the Otherdeed NFT owner also had the right to claim at least one of his ships that will be key to Yuga Labs’ upcoming gaming experience, Legends of the Mara.
In other words, Otherdeed owners are eligible to purchase one of these KodaPendants, subject to availability. Once the owner completes the purchase, the Koda and Vessel NFTs associated with the pendant will update to show a virtual version of the chain.
Additionally, owners will be eligible for a physical KodaPendant chain that Gucci will distribute later in the year. However, these physical chains are also limited to residents of certain countries. These include the United States, Canada, Kuwait, Qatar, UAE, Saudi Arabia, Japan, and most European countries.
The announcement comes at a time when fashion brands are actively exploring opportunities in the metaverse. Last year, her luxury jewelry brand, Tiffany’s, launched a limited-edition necklace for CryptoPunks holders. The price was her $50,000 and sold out quickly.
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Basil is an avid fan of blockchain technology and all its innovations, and is passionate about sharing this story with his audience. He has spent over five years in the crypto space, specializing in research and creating his Web3 content for various media outlets around the world.