• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Sensei Inu Logo Sensei Inu Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee
Prada

Prada Joins Balenciaga And Gucci Web3 Foray With Own NFT Launch

Christian Encila by Christian Encila
1 year ago
in News, NFT
0

If you have affluent taste, then you’ll know what Prada is all about. Luxury brands today seem to be hedging into the NFT and metaverse space. And it’s not just about chasing the shiny object or the clout effect; it’s a marketing strategy.

Prada, dubbed to be the ninth most expensive luxury brand in the world alongside Gucci, Louis Vuitton, Balenciaga, and the like, is set to launch Timecapsule Apparel on Thursday plus 100 ETH NFTs.

The Timecapsule NFT initiative is founded on Ethereum blockchain pegged on the Aura Blockchain Consortium.

Prada’s Timecapsule NFT Launch, June 2

With the NFT launch, shoppers will get free NFTs to be airdropped to match the physical goods they buy from the latest designs of Prada by artist Cassius Hirst.

Prada is tapping on Web 3.0 with the Timecapsule NFT to be released on June 2, which is an upgrade of the brand’s Timecapsule project founded in December 2019.

Prada is the ninth most expensive luxury brand in the world. (YouTube)

This latest NFT drop is coined as Cass x Prada which is an art inspired by Prada America’s Cup sneaker. Timecapsule shirts are unisex and come in black and white featuring the signature art design of Hirst.

The luxury brand will be airdropping limited-edition merchandise every first Thursday of the month; which people can buy within 24 hours.

Suggested Reading | Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’

The online event is the cream of the crop because it showcases over 100 gender-neutral shirts that are designed by the artist Hirst. The physical merchandise or shirts are paired with a free NFT which is a GIF that has the unique serial number of the matched physical item.

The price is yet unknown but reports say that it will not be available for crypto purchase. Buyers can buy it in fiat currency.

Crypto total market cap at $1.29 trillion on the daily chart | Source: TradingView.com

Prada Rewards Loyal Buyers With NFT

In the second phase, every buyer of the Timecapsule apparel launched back in 2019 will all be given free NFTs. More so, buyers will get into the nitty gritty details of NFT utilities as it will be announced via Prada Crypted, a community server that you can find on Discord which is now live.

Despite the NFTs being airdropped for free, holders can freely sell them on marketplaces.

Suggested Reading | Tron Accelerates To 3rd Spot As Biggest Blockchain In Terms Of TVL

The Timecapsule initiative aims to reward people who purchase on the spot or early on. However, unlike other luxury brands, Prada isn’t aiming for an entirely new market. The brand is set to reward their loyal clients who have been supportive from the beginning with this NFT initiative.

Featured image from NFT Drops Calendar, chart from TradingView.com
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Christian Encila

Christian Encila

Related Posts

Upbit

Upbit’s Dark Hour: Fake APT Tokens Wreak Havoc In South Korea

24 hours ago
Barclays

Crypto Investor Barclays Announces Closure Of UK Accounts For British Expats

2 days ago
Friend.tech

New Report Dives Into The Good, The Bad, And The Ugly Side Of Friend.Tech

3 days ago
crypto

Crypto Clients In China Targeted As Singapore Expands Money Laundering Probe

5 days ago
TikTok

TikTok Faces Challenge As Elon Musk Crypto Scams Multiply

7 days ago
Binance.US

Binance.US Hit Hard: Trading Activity Tanks 98% Amid SEC Squabble

1 week ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit

Press Releases

  • Imagine Buying Bitcoin at 20 cents! Gold Coin on the rise

    23 mins ago
  • The Growing Traffic to the Scorpion Casino Presale Hints at...

    3 hours ago
  • VeChain (VET) and Avalanche (AVAX) Market Dilemmas: New...

    9 hours ago
  • Can Solana (SOL) and Ripple (XRP) Prices Make a Surprise...

    10 hours ago
  • Volatile Market, Yet Bitcoin (BTC) Reaches Monthly Peak...

    15 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.