Business News Report
January 24, 2023

Yves Saint Laurent Beauty is set to drop its second NFT collection

Yves Saint Laurent Beauty, the luxury cosmetics and fragrance brand of the L’Oréal Group, announces the launch of its second non-fungible token collection. The company partnered with the web3 platform P00LS for this release. 

Dubbed “Black Opium: The Night Is Ours,” the collection is dedicated to the brand’s best-selling fragrance line, Black Opium. To start, the company will release 2,014 NFTs called “YSL Beauty Night Blocks” as a tribute to its 2014 fragrance. The drop will include 2,000 original and 14 ultra-rare NFTs, which are to be named by the community.

The brand will gift NFTs to individuals that purchase a fragrance from the Black Opium line in-store. In order to claim the tokens, customers will need to install the YSL Beauty wallet app. Notably, the campaign will only be available in the United States, Australia, United Kingdom, and France-based shops. Individuals can claim the NFTs starting from March 1. 

NFTs will grant holders access to exclusive content from the brand, gift vouchers, and 90ml perfumes. In addition, community members will get early access to the second chapter of “Black Opium: The Night Is Ours” drop. 

The release supports the “Abuse is not love” program, which aims to prevent intimate partner violence. Once the social tokens are claimed, YSL will donate the proceeds to two non-profit organizations: It’s On Us and En Avant Toute(s). 

The brand starts stepping into the web3 space more actively. Last week, YSL Beauty filed NFT and metaverse trademark applications with plans to develop virtual beauty, body, skin-care, and hair-care products backed by NFTs.

Before that, in June 2022, Yves Saint Laurent Beauty released its first NFT collection called “YSL Beauty Golden Block.” The release featured 10,000 tokens that gave users access to utilities and drops. 

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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