Less than a week after the news of a collaboration between the luxury fashion house, gucciand leading company in Web3, yuga laboratories bankrupt, the two companies have presented their first joint project. Bent “Other Side: Gucci Relics,” this collection features 3333 KodaPendants attached to silver necklaces that come in physical form and are linked to NFTs.
We present the first discovery of #OthersideRelicsByGuccito #GucciKodaPendant paying homage to the origins of @Othersidemeta. #GucciJewelry discover more https://t.co/Fh6pSfmLHg pic.twitter.com/tNUDqLNe3h
—gucci (@gucci) April 3, 2023
These pedants represent the first relic to emerge from this intriguing association. The physical chain is said to be 50 centimeters long, on which is a Koda-shaped pendant engraved with “gg.” Its sale begins on April 6 at 6:00 p.m.
Who can access Yuga Labs KodaPendants?
Unfortunately, KodaPendants will not be accessible to everyone, only those who have Koda or Vessel NFT. When Yuga Labs debuted Otherdeeds last year, some included a Koda character that holders were recently able to separate from the original NFT. Additionally, Otherdeed NFT holders were also entitled to claim at least one Vessel, which will be key in Yuga Labs’ upcoming gameplay experience Legends of the Mara.
In other words, any Otherdeed holder is eligible to purchase one of these KodaPendants subject to availability. Once a holder has completed the purchase, their Koda and Vessel NFTs, which are associated with the pendants, will be updated to sport a virtual version of the chain.
In addition, holders will be eligible for a physical KodaPendant chain that will be distributed by Gucci later this year. However, these physical chains will also be limited to residents of specific nations; these include the United States, Canada, Kuwait, Qatar, the United Arab Emirates, Saudi Arabia, Japan, and most European countries.
The announcement comes at a time when fashion brands are actively exploring the opportunities of the Metaverse. Last year, luxury jewelry brand, Tiffany’s, released a limited edition of necklaces for CryptoPunks holders that cost $50,000 and sold out in no time.
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*All investment/financial opinions expressed by NFT Plazas come from the personal research and experience of our site moderators and are intended for educational purposes only. People are required to fully research any product before making any type of investment.
Basil is an avid fan of blockchain technology and all its innovations, and he is passionate about sharing this narrative with his audience. He has spent over five years in the crypto space, specializing in research and creating Web3 content for various media outlets around the world.
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