KodaPendants Still Available
The physical and limited-edition Gucci's KodaPendants are still available for purchase, with approximately seven hours remaining in the sale.
- KodaPendants: Limited to 3,333 pieces
- Digital and physical representation
- Upgrades for Koda or Vessel NFTs
- 450 APE Cost (~$2,000)
❗️Why It Matters
While the Gucci and Yuga Labs collaboration was widely celebrated earlier this week, both companies must be a little disappointed that the collection has not sold out after nearly 17 hours of availability. Up to this point, nearly every NFT or physical drop from Yuga Labs has generated immense demand, but this sale might showcase a maturing or changing market that won't just buy "bc Yuga."
📊 By the Numbers
Despite some early technical difficulties the collection went on sale at 7:00 p.m. ET yesterday and will be available for another 7 hours or as long as supplies last. The sale is closing in on 2,700 KodaPendant sales, meaning approximately 630 Pendants are still remaining. At this time, the address collecting $APE as part of the sale has pulled in more than 1.2 million $APE, or $5.2 million.
🎤 Community Quotes
Watershed moment in web3...Luxury brands coming to the realization that it will be much harder to convince NFT holders to overpay for product.Sergito