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Market News

Is Louis Vuitton Partnering with Yayoi Kusama to Launch NFTs?

Written By Rikta Mandal
Published 2023-02-06·Updated 11 months ago
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Louis Vuitton celebrates its 200th anniversary by teaming up with artist Yayoi Kusama, however there is no NFT collection affiliated to the collaboration.

#YayoiKusama in Tokyo. Following her collaboration with the Maison, the Japanese artist visited #LouisVuitton’s Omotesando and Harajuku pop-up stores. Learn more about #LVxYayoiKusama at https://t.co/3XNZoaFWOF. pic.twitter.com/UYR8RIoZyV

— Louis Vuitton (@LouisVuitton) February 3, 2023

False reports are rampant claiming Louis Vuitton will allow buyers to convert these NFTs into physical products in commemoration of its 200th anniversary. 

Hadrien Huet, Head of Online Brand protection at Louis Vuitton, told The Crypto Times that “Louis Vuitton will not be launching any NFT collection within the context of its collaboration with Mrs. Yayoi Kusama.” 

“In the past few days, we have seen forged NFT collections emerging on Opensea, as ill-intentioned third parties are obviously attempting to take advantage of this misunderstanding,” he added.

The first Yayoi Kusama partnership from 2012 was under the creative direction of Marc Jacobs, which featured Kusama’s signature polka dots atop LV bag silhouettes.

Also Read: Louis Vuitton Releases PFP NFT Rewards in Louis: The Game

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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