NFTiff FREQUENTLY ASKED QUESTIONS
NFTiff FAQ
What is a NFTiff?
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NFTiffs represent a collection of 250 digital passes, offered by Tiffany & Co. which may be minted when purchased and redeemed by CryptoPunks holders for the creation of a custom designed pendant and a NFT digital artwork that resembles the final jewelry design. The pendant will be designed and crafted by Tiffany & Co. artisans, and inspired by the Cryptopunk owner’s Punk NFT. Only 250 NFTiff passes will be available for purchase. Each customer may purchase a max of 3 NFTiffs.
How will the pendant be designed?
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Tiffany & Co. designers will interpret each CryptoPunk into custom-designed pendants – converting the 87 attributes and 159 colors that appear across the collection of 10,000 CryptoPunk NFTs to the most similar gemstone or enamel color.
Depending on which CryptoPunk owners purchase pendants, each piece will use at least 30 gemstones and/or diamonds to create the custom designs with the highest fidelity to the original NFT art. Examples of gemstones include but are not limited to Sapphires, Amethyst, and Spinel.
By October, clients will receive a render of their piece. Clients will not have the ability to participate in the design process or provide feedback on the render.
What will be the size of the pendant?
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Varies based on the NFT:
• Length: Approx. 30mm
• Width: Approx. 20-30mm
• Length: Approx. 30mm
• Width: Approx. 20-30mm
What materials will be utilized for the pendant?
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GOLD:
Pendant will be in 18k rose or yellow gold based on the color palette of the NFT. The rose and yellow gold will complement the base color of each punk type. The two lighter base colors and the alien will be 18R, and the two darker base colors, the zombie and the ape will be 18Y.
Pendant will be in 18k rose or yellow gold based on the color palette of the NFT. The rose and yellow gold will complement the base color of each punk type. The two lighter base colors and the alien will be 18R, and the two darker base colors, the zombie and the ape will be 18Y.
STONES:
Each piece will have at least 30 stones. Pieces may include gemstones and/or diamonds. Carat weight per piece will vary based on the attributes.
Each piece will have at least 30 stones. Pieces may include gemstones and/or diamonds. Carat weight per piece will vary based on the attributes.
Most designs will include bead set round cut pave diamonds and/or gemstones. Select custom pendants will include fancy stone shapes. For example, to create the 3D glasses, Tiffany designers will leverage baguette stones.
All stones will meet Tiffany & Co.ʼs ethical and sustainability standards.
CryptoPunk colors are represented as closely as possible using the natural colors of various gemstones.
ENAMEL:
Enamel will be placed individually in square wells that represent the pixels that make up the NFT image. Each pixel will be outlined with a gold border.
Enamel will be placed individually in square wells that represent the pixels that make up the NFT image. Each pixel will be outlined with a gold border.
For enamel application, 159 HEX color codes were matched to over 70 shades of enamel, scaling digital pixels into pixelated enamel wells.
Each piece will be polished by hand down to a mirror finish before enameling. Every enamel color will be precisely mixed and applied to the piece using syringes for accuracy.
THE CHAIN:
The pendant will be on a 18k gold adjustable chain between 18”-20”-22” of rectangular links, which take inspiration from the shape of square pixels.
The pendant will be on a 18k gold adjustable chain between 18”-20”-22” of rectangular links, which take inspiration from the shape of square pixels.
The bail (connective device to pendant) allows for fluid movement of the pendant and is accented with 5 pave diamonds.
Can I make any customizations?
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No personalization is available due to the delicate nature of enamel.
Each pendant will be engraved with CryptoPunk series number on the reverse along with the Tiffany & Co. logo.
No engraving is possible on the back beyond the edition number.
What is included with my purchase?
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Anticipated delivery for the physical good is in early 2023, though the digital NFTiff is available to view once the final rendering is completed as a standalone custom 1 of 1 NFT on the Ethereum blockchain.
When shipped, the final delivery from Tiffany & Co. Includes:
Custom Pendant on a Chain
Certificate of Authenticity
Signature Tiffany & Co. Packaging
Custom Pendant on a Chain
Certificate of Authenticity
Signature Tiffany & Co. Packaging
Purchase FAQs
How do I join the presale?
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The NFTiff presale beginning on August 3, 2022 at 10:00am EST is for eligible participants only. Eligible participants are those who have been whitelisted to join the presale. To inquire about how you can join the presale, please email [email protected]
Where do I purchase a NFTiff?
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Purchases of a NFTiff are exclusively made through https://nft.tiffany.com. There will be no other website where you can purchase a NFTiff. Please double check the URL before connecting your wallet and making a purchase.
Also please ensure you are interacting with the following contract address only:
0xe8f88d16f24255FcFab25959705D724406D67D9d
Failure to follow these instructions could lead to loss of funds.
0xe8f88d16f24255FcFab25959705D724406D67D9d
Failure to follow these instructions could lead to loss of funds.
How much does a NFTiff cost?
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Each NFTiff will cost 30 ETH which includes the cost of the NFT, the custom pendant, the chain, and shipping/handling.
Who is eligible to buy a NFTiff?
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Any user globally who is not on the OFAC sanctioned country list and properly completes shipping and compliance information. You must be 18 years or older and agree to the Terms and Conditions to purchase a NFTiff.
What type of wallet do I need to purchase a NFTiff?
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To purchase a NFTiff you will need to use a wallet where you control the private keys. Suggested wallets are Meta Mask, Coinbase Wallet, or Trust Wallet. You will be unable to make this purchase without a wallet that you own the private keys directly for such as an exchange wallet.
Is the NFTiff an airdrop?
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No. Tiffany and Chain will NOT be conducting an airdrop. All NFTiffs must be purchased.
When does the sale start?
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The sale for the NFTiff will start on August 5, 2022 at 10:00AM EST for all eligible users.
Why do you need to collect my personal information?
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Chain collects and processes personal information about you on behalf of Tiffany and Company when you interact with this website for purposes of minting an NFTiff Pass and to begin the pendant creation process. You have certain rights with respect to your personal information. These may include the right to request access to, rectification or erasure of the personal information we maintain about you or the restriction of the processing of this information or to object to such processing. For more information about your rights and our data practices, please see Tiffany’s Global Privacy Policy at https://www.tiffany.com/policy/privacy-policy/. You can learn more about Chain’s data practices at https://chain.com/legal
Can I buy a NFTiff and hold it as a collectible?
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Yes, once purchased, the NFTiff pass is an NFT that is housed in your crypto wallet. If you own a CryptoPunks NFT and choose to, the pass may be redeemed for a one-of-a-kind jewelry experience, though not a requirement to own a NFTiff.
How many NFTiff passes can be purchased?
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A maximum of 3 NFTiffs are able to be purchased by each customer.
Can I return or exchange my purchase?
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No, all sales are final.
Will it be necessary to verify ownership of the punk prior to shipment?
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Your custom pendant is anticipated to deliver in early 2023. Prior to shipment of the Tiffany & Co. pendant, Chain will verify ownership of the corresponding NFTiff NFT. lf a NFTiff holder sells their NFTiff prior to shipment of the pendant, such pendant will no longer be shipped to the client and the order shall automatically be voided. Tiffany & Co. and Chain will not be held liable.
What are the terms and conditions of the NFTiff NFT?
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To find the terms and conditions of the NFTiff NFT, as well as the privacy policy, please visit https://nft.tiffany.com/legal
Redemption FAQs
How do I redeem my NFTiff?
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You will redeem your NFT exclusively through https://nft.tiffany.com and follow the instructions provided.
Is there a deadline to redeem my NFTiff?
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The deadline is August 12, 2022 at 9:00PM EST.
What do I need in order to redeem my NFTiff?
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You will need to have your CryptoPunk(s) that you want to create into the pendant in the same wallet as your NFTiff NFT. The portal located in https://nft.tiffany.com will allow you to select which CryptoPunk(s) you want redeemed.
If your CryptoPunk(s) are in an offline/cold-storage wallet you will need to offline sign a unique access code from that wallet.
Instructions on how to do so are provided here: https://nft.tiffany.com/offline-wallet-signing
What if my CryptoPunk that I want to redeem is not in the same wallet as my NFTiff?
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If you would like to utilize a CryptoPunk(s) from another wallet without transferring the CryptoPunks(s) to the same wallet the NFTiff is in, you must follow these steps: https://nft.tiffany.com/offline-wallet-signing
If you are unable to follow these steps or need additional assistance please email us at: [email protected]
If you are unable to follow these steps or need additional assistance please email us at: [email protected]
NFT & Crypto General FAQs
What is a NFT?
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NFT stands for Non-Fungible Token. A NFT can neither be replaced or interchanged because of its unique properties. NFTs are digital assets that can represent digital collectibles, art, music, games, etc. with a built in certificate of authenticity, enabled by blockchain technology. Blockchain is the underlying technology which makes cryptocurrencies such as Bitcoin and Ethereum possible. NFTs live on the blockchain. OpenSea (opensea.io) is the largest NFT marketplace in the world.
What does ‘mint’ mean?
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Minting, or to mint, an NFT means converting digital data into crypto collections or digital assets recorded on the blockchain. The digital products or files will be stored in a distributed ledger or decentralized database and cannot be edited, modified, or deleted.
What is a CryptoPunk?
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A CryptoPunk is one of a limited collection of 10,000 NFTS housed on the Ethereum blockchain. Created in 2017, CryptoPunks is one of the first NFTs and have become one of the most highly sought after tokens. Each CryptoPunks NFT is uniquely generated; no two are exactly alike.
What is cryptocurrency?
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A digital form of currency in which transactions are verified and records are maintained by a decentralized system using cryptography, rather than by a centralized authority.
What is Ether?
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Ether (ETH) is the main token housed on the Ethereum blockchain and the world's second-largest cryptocurrency by market capitalization. As with any other cryptocurrency, such as Bitcoin or Dogecoin, Ether can be used as payment directly to another person or entity without the need for a centralized intermediary, such as a bank.
Where can I buy cryptocurrencies?
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Cryptocurrencies, like Ether, are available for sale and trade on digital asset exchanges. Some of the most popular crypto exchanges are: FTX, Coinbase, Binance, Crypto.com, Gemini.
What is a crypto wallet?
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A crypto wallet is an app that allows cryptocurrency users to store and retrieve their digital assets, including cryptocurrency and NFTs.