Gucci will reportedly offer exclusive physical products to owners of Vault Materials NFTs, giving them the option to exchange their supposedly irreplaceable tokens for luxury wallets or bags is given.
Owners of Gucci Vault Material NFTs will reportedly be given two exclusive physical products, including a purse or bag, for free.
These luxury items are given only to their owners, so they cannot be purchased by the general public.
Presumably, NFT holders of the aforementioned assets would need to exchange non-fungible tokens for wallets or bags in order to receive such rewards. By doing this, they trade their NFTs for their desired exclusive physical product, losing ownership of the digital assets that they end up burning down in the process.
The Gucci Vault Material NFT was created in partnership with 10KTF, a narrative NFT project about a floating city consisting of a luxury fashion house and a virtual shop that opens at specific times, created by popular digital artisan Wagumi it was done. As for the aforementioned token, it is part of his collection of 2896 NFTs that were actually distributed to Gucci Grail NFT holders as rewards last year, so this new free swap will certainly be a welcome option for holders. Become.
Gucci Vault Material turns into grailed physicals made by Wagmi-san and Gucci. Not a sale, a reward. pic.twitter.com/mmVbvQ0jBL
— Wagmi-san (@10KTFshop) April 13, 2023
Back in March of this year, Gucci partnered with Yuga Labs, founders of the Bored Ape Yacht Club, to explore fashion in the metaverse.
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