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British Fashion Brand Burberry Releases First NFTs
The label said that the digital B Series collection will feature limited-edition product drops.
Updated Sep 14, 2021, 1:35 p.m. Published Aug 4, 2021, 6:58 p.m.
Luxury fashion brand Burberry has launched its first non-fungible token (NFT) collection in partnership with Mythical Games.
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- The latest luxury brand to embrace NFTs, Burberry will feature its items via Blankos Block Party, a game with digital vinyl toys known as Blankos that live on the blockchain.
- The 165-year-old British fashion brand said the digital collection, dubbed Burberry’s “B Series,” will feature limited-edition product drops.
- The NFTs will be available for in-game purchase via the Blankos Block Party marketplace on August 11.
- The brand said it is hoping to unlock value for the gaming community by encouraging players to interact with its brand in an environment that celebrates art and design.
- Most recently, Dolce & Gabbana announced via twitter it had partnered with the luxury marketplace UNXD to launch NFT wearables.
- In July, 4K, a novel marketplace that issues NFTs paired with luxury items held in storage, raised $3 million in a seed round of funding that was led by Electric Capital, ConsenSys and IDEO CoLab Ventures.
Read more: Louis Vuitton, Cartier, Prada to Use Bespoke Blockchain to Tackle Counterfeit Goods
#TheBSeries has gone fully digital. We’ve created a vinyl NFT toy, the limited-edition character Sharky B, and accessories inspired by our #TBMonogram for the game #Blankos Block Party.
— Burberry (@Burberry) August 4, 2021
Available on Wednesday 11 August 11pm BST, 3pm PSThttps://t.co/RhCv8gGvgp pic.twitter.com/OwrrowKF4d
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