Dolce & Gabbana to Feature NFT of Rare Tiara in First Drop

The fashion house’s weekend event in Venice includes a sprinkling of haute blockchain tech.

AccessTimeIconAug 27, 2021 at 4:04 p.m. UTC
Updated May 11, 2023 at 5:45 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

This weekend in Venice, celebrities and fashionistas are gathering in anticipation of Dolce & Gabbana’s Alta Moda, Alta Sartoria and Alta Gioielleria fashion shows.

This year will be different as the fashion house prepares to debut the “Collezione Genesi” non-fungible token (NFT) drop in collaboration with UNXD built on Polygon, the Ethereum layer 2 network.

  • Cider Co-founder on How Fashion Merges the Worlds of Digital and Physical Identity
    00:36
    Cider Co-founder on How Fashion Merges the Worlds of Digital and Physical Identity
  • Louis Vuitton Releases New NFTs, Continues Blockchain Gaming Experiment
    06:36
    Louis Vuitton Releases New NFTs, Continues Blockchain Gaming Experiment
  • Why Metaverse Fashion Week Matters
    05:05
    Why Metaverse Fashion Week Matters
  • Metaverse Fashion Means Business: Pantera and Polychain Invest $10M In Space Runners
    06:26
    Metaverse Fashion Means Business: Pantera and Polychain Invest $10M In Space Runners
  • The highly anticipated Collezione Genesi NFT drop will feature a total of nine NFTs including a rare tiara adorned with diamonds and red emeralds – “The Impossible Tiara” – designed by Dolce & Gabbana co-founders Domenico Dolce and Stefano Gabbana.

    The D&G tiara (UNXD)
    The D&G tiara (UNXD)

    CoinDesk was given a sneak peek of the rare NFTs, which feature eye-watering diamonds and rubies mined in Brazil. The collection will be showcased tomorrow to a select group of fashionistas, celebrities and press.

    Luxury culture is about flaunting expensive items, so it’s no surprise high-end fashion brands such as Dolce & Gabbana are entering the NFT arena as conspicuous consumption moves to the digital realm.

    High-end publications such as Vogue Singapore are also getting in on the act, with the fashion mag rolling out an NFT-filled issue including a “fire” dress from Balmain. (For example, Vogue UK had the exclusive on the D&G NFTs.)

    “NFTs [are] a new canvas for storytelling and culture creation and consumer experience, which happens to be enabled by tech,” Shashi Menon, founder of UNXD and publisher of Vogue Arabia, said in an earlier interview with Vogue.

    Earlier this month, the British luxury fashion brand Burberry launched its NFT collection in partnership with Mythical Games. Other fashion brands are known to be working on NFT projects as well.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Tanzeel Akhtar

    Tanzeel Akhtar is a reporter based in London,UK.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.



    Read more about