The famous clothing brand Gap launched the NFT collection in Tezos with the artist Brandon Sines. Starting tomorrow, Gap will start selling a limited number of digital hoodies as part of its NFT collection. Upon this development, the price of the popular altcoin project Tezos jumped around 5%. At the time of writing, the coin was trading at $4.36. Detail Cryptocoin. com
at .
The price of popular altcoin Tezos skyrocketed
Global clothing brand The Gap recently announced the launch of its first NFT collection through Tezos. The Collection offers a “gamified digital experience” for creators and allows customers to digitally own a collectible Gap hoodie. The clothing brand announced the NFT project in a statement on its website on Wednesday. The new collections were reportedly designed in partnership with artist Brandon Sines, who created the Frank Ape NFTs. “With this partnership with Gap, the creative cycle has come full circle, as it allows me to express the beautiful messages of Frank Ape while collaborating with one of the most classic brands in history,” Sines said.
The Hoodies collection will be available in four rarity levels: Common, Rare, Epic, and One-of-a-kind. Joint NFTs will be available from 09:00 Jan 13 to 08:59 Jan 15. Each will be sold for 2 Tezos tokens. Gap launched its collection through Tezos, which markets itself as more energy efficient due to its proof-of-stake consensus mechanism. Energy concerns are known to be bad PR for the wider crypto space, where NFTs and various sub-communities are causing trouble. John Strain, Head of Digital and Technology at Gap, said: “We are excited about the possibilities that a more planet-friendly blockchain technology can unlock for us and all the new ways we can connect with our customers. ”