Gucci has launched its first non-fungible token (NFT), KodaPendant, on Otherside, with a limited edition of 3,333 pieces. When purchased, the digital version of KodaPendant will undergo a permanent visual upgrade and can be downloaded as an image. The NFT will come with two cosmetic options for 3D avatars: Branded Chat Handle and Trail VFX. Gucci has partnered with Yuga Labs, the team behind Bored Ape Yacht Club, for the launch of KodaPendant. The NFT is tied to Otherside: Relics by Gucci, and holding KodaPendant will bring perks within the Otherside metaverse. Gucci has also announced that by the end of this year, all NFT holders will receive a piece of jewelry in physical form from Gucci, with a unique number inscribed on the back. The pendant can be purchased with Apecoin, and holders of Koda or Vessel NFT will have access to KodaPendants.

(By Roxanne Williams)