Dolce & Gabbana’s inaugural non-fungible token (NFT) collection, the Collezione Genesi, fetched approximately $5.65 million in a sale that closed Thursday.The group of nine NFTs was launched on luxury marketplace UNXD, which is built on Ethereum layer 2 Polygon.The bidding for the collection started Sept. 28 and ended today, with the NFTs being personally designed by Domenico Dolce and Stefano Gabbana for UNXD.“The Glass Suit” NFT fetched 351.384 ETH, or just over $1 million at current prices, while the two versions of the “Dress from a Dream” each fetched more than $500,000.The “Golden Impossible Jacket” sold for just under $300,000.Winners of each item received not only the NFT, but physical versions of the items and exclusive access to Dolce & Gabbana events.UNXD has also partnered with Polygon to launch a new $10 million “Culture Fund” that aims to expand the use of NFTs in the fashion industry.Read more: Dolce & Gabbana’s NFT Collection Said to Attract Bidding Interest From DAOs
Original Source: coindesk Dolce & Gabbana’s First NFT Collection Sells for .7M