Gucci, Otherside Teaming Up on KodaPendants
Gucci and Yuga Labs revealed a limited-edition KodaPendant NFT and physical necklace in collaboration a recent tweet.
- 3,333 limited edition KodaPendant NFTs
- Physical KodaPendant: 925 silver, antique finish, GG engraving, and unique edition number
- Eligible particpants must own a Koda or Vessel NFT
- Sale starts April 6, 6:00 p.m. ET for 24 hours or until sold out
- Price: 450 $APE
Gucci and Yuga Labs have partnered to release a limited edition KodaPendant NFT and physical necklace, expanding Gucci's entry in web3. The collaboration offers 3,333 KodaPendants that provide a digital visual upgrade to existing Koda or Vessel NFTs, including trail VFX and a branded chat handle in Otherside.
The physical KodaPendant is crafted from 925 silver with an antique finish, featuring a Koda-shaped pendant with GG engraving and an interlocking G chain. Each pendant's back includes a unique edition number. The sale begins on Thursday, Apr. 6 at 6:00 p.m. ET and lasts for 24 hours or until all KodaPendants are sold out. The price for each KodaPendant is set at 450 APE.
KodaPendants will be sold on a first-come, first-served basis and are limited to one per transaction for one Koda or Vessel NFT.
When you buy the KodaPendant, you receive a metadata trait that provides a lasting visual enhancement to your chosen Koda or Vessel NFT, now adorned with a digital KodaPendant necklace. The physical KodaPendant will be available to claim from Gucci, at no additional cost, to those who hold a Koda or Vessel NFT with the KodaPendant trait.
❗Why It Matters
What are Kodas good for? Many have asked the question. While this is very unlikely to be the ultimate purpose behind the cryptic character, it is one of the first notable activiations of the character. Furthermore, the collaboration gives more legs to Yuga Labs partnership with Gucci, which is famously attached to 10KTF with the Gucci Grail collection. Yuga Labs acquired 10KTF last year and continues to unfold a complex lore and storytelling ecosystem with the brand. Last but not least, the physical redemption offers something similar to Koda holders like Punks were provided with the Tiffany's engagement, albeit at a much cheaper price point.
🎬 Take Action
If you are a Koda or Vessel NFT holder, you can participate in the sale starting on April 6. Select regions are not eligible for the sale. Physical pendants will ultimately be claimable on a Gucci website later this year.
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