Dolce & Gabbana wants to crown Tesla CEO Elon Musk as 'King of Crypto'

Italian fashion brand, Dolce & Gabbana wants to 'crown' American billionaire Elon Musk as 'King of Crypto'.  fashion brand took to its official Twitter handle and jokingly claimed that y would crown billionaire only if he can end up with winning bid for Doge Crown, which is most expensive piece in brand's first collection of non-fungible tokens (NFTs). 

Dolce & Gabbana wants to crown Elon Musk as King of Crypto

Taking to Twitter, Dolce & Gabbana replied to UNXD NFT's link and wrote, "Legend has it that special collector that owns Doge Crown will reafter be anointed King of Crypto..."

original tweet by UNXD NFT was this:

Doge Crown is not connected with Tesla CEO's pet currency, Dogecoin. crown is being sold on a network based on Polygon named UNXD, and  bids are in Er. However, it is not based on meme currency. design of Doge Crown was inspired by Doge Palace, which is located in norrn Venice, Italy.

According to Business Insider, highest bid currently stands at 165 Er (ETH), which is over Rs 3.8 crore, by a user named Ethm. This also means that if Elon Musk wishes to jump into ring, he will have to beat bid. Doge Crown's contemporary, Lion Crown, has a bid of 125 ETH, which is Rs 90 lakh less than former.

Several or items include Glass Suit, Dress from a Dream, Impossible Tiara, and Impossible Jackets. All items including Doge Crown were designed by OGs designers - Domenico Dolce and Stefano Gabbana. Doge Crown has seven blue sapphires and 142 diamonds. In dition to crown, buyer will also receive a 4K rendered animation and stills of item. re are still more than three days left for interested parties to launch ir bids. 

Meanwhile, influence of SpaceX founder's tweets and statements has been questioned for harming cryptocurrencies, especially after he resigned his decision to accept Bitcoin as payment for Tesla cars.

Image: AP