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Harvey Nichols Unveils the HN NFT Vault In-store

Posted on the 25 April 2022 by Nftnewspro

HN NFT Vault, a new NFT marketplace from Harvey Nichols (HN), a high-end Hong Kong (HK) department store, debuted earlier this month.

Harvey Nichols’ HN NFT Vault is an in-store concept, with NFTs exhibited in a “retail concept area,” unlike more traditional NFT marketplaces.

The hand-picked NFTs may be bought using bitcoin or a credit card at Harvey Nichols locations.

According to Harvey

“Through the new space, we aim to make NFTs more accessible to a broader audience by featuring a range of NFTs from some of the most successful projects globally available for in-store exploration and purchase. The collection is curated to cater to both first-time buyers and NFT experts, with prices ranging from HK$5,000 to over HK$1,000,000.” Harvey Nichols added, “As part of the new concept, we will also be launching a service allowing NFT owners to showcase and sell their NFTs through the HN NFT vault.”

Fred Segal, a US retailer, entered the NFT business with the launch of Artcade in December. In partnership with Subnational, Artcade is a video streaming, physical, and digital product experience that incorporates NFTs.
Another shop that caters to NFTs is Dolce & Gabbana.

In collaboration with UNXD, Dolce & Gabbana devised Collezione Genesi, a “9-piece, one-of-a-kind collection, particularly designed by Domenico Dolce and Stefano Gabbana exclusively for UNXD.” The collection includes both physical and digital items.

The collection was reportedly auctioned off for 1,885.719 ETH, or roughly $6 million, at the time of sale.

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