Afterpay Drops Designer NFT “Keys” to New York Fashion Week | Your Money


NEW YORK–(BUSINESS WIRE)–Aug 23, 2022–

Afterpay (NYSE: SQ), the leader in “Buy Now Pay Later” (BNPL) payments and the official presenting partner of New York Fashion Week:The Shows, has partnered with IMG for a third season running to bring the Fashion Week experience to more consumers than ever before.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220823005137/en/

Afterpay’s first ever NFT (Photo: Business Wire)

Afterpay has partnered with five notable designers, ALTU by Joseph Altuzarra, AnOnlyChild, Jonathan Simkhai,Kim Shui, and The Blonds to offer limited edition NFTs available for consumers to mint. Each designer NFT is a one-of-a-kind phygital collectible, serving as a digital object that will welcome fashion enthusiasts into the blockchain while also unlocking IRL access to New York Fashion Week. Each NFT will retail for $100 and, for the first time, Afterpay will allow consumers to purchase the NFTs by splitting the payment into four interest-free installments 1 on Keys.NYFW.com.

The Keys to NYFW

The NYFW digital collectibles will give users ownership of scarce art created by some of the world’s leading fashion designers. Each designer drew inspiration from their Spring/Summer ’23 collections to create their unique NFT, alongside a selection of limited edition products or traditionally unobtainable NYFW experiences including:

  • ALTU by Joseph Altuzarra: A special edition logo tote and oversized t-shirt or annual membership to one of New York City’s premiere art museums
  • AnOnlyChild: Exclusive invite to AnOnlyChild NYFW after party or a limited edition belt bag
  • Jonathan Simkhai: A private meet and greet shopping experience with Jonathan or original, signed runway sketches from his new collection debuting September 13
  • Kim Shui: A custom designed hoodie incorporating Kim’s signature dragon motif or tickets to her runway show on September 12
  • The Blonds: Exclusive invite to The Blonds’ NYFW after party or a signed copy of “The Blonds: Glamour, Fashion, Fantasy” forthcoming book

All proceeds from the sale of the designer NFT Keys will be donated to Free Arts NYC, bringing art and mentoring programs to children in underserved communities in New York City.

Afterpay’s First-Ever NFT

Afterpay will also issue its first-ever free NFT in a limited quantity, making it easier than ever for consumers to mint a digital collectible on the blockchain while unlocking utilities like a TIDAL HiFi Plus 6 Month Free Trial, access to a NYFW close-friends Instagram group, and an invitation to RSVP to NYFW: The Talks sessions.

Both the designer NFT Keys and the free Afterpay NFT will be hosted on the Polygon network, considered the greenest chain on the block and available in limited quantities beginning August 23. For more information on how to access an exclusive key to NYFW, please visit Keys.NYFW.com.

About Afterpay

Afterpay Limited is transforming the way we pay by allowing customers to buy products immediately and pay for their purchases over four installments 1. The service is completely free 1 for customers who pay on time – helping people spend responsibly by paying over four installments without incurring interest. Afterpay is offered by thousands of the world’s favorite retailers and used by millions of active global customers. 2

Afterpay is currently available in Australia, Canada, New Zealand, the United States and the United Kingdom, France, Italy and Spain, where it is known as Clearpay. Afterpay is on a mission to power an economy in which everyone wins. Afterpay is a wholly owned subsidiary of Block, Inc. (NYSE: SQ).

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1 Late fees may apply. Eligibility criteria apply. See afterpay.com for full terms.

2 Figures released in Block Q1 2022 results

View source version on businesswire.com:https://www.businesswire.com/news/home/20220823005137/en/

CONTACT: Andres (Dru) Ortega

Afterpay PR

andreso@squareup.com

Stephanie Kraeutler

Bollare

stephanie.kraeutler@bollare.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ARTS/MUSEUMS FASHION PROFESSIONAL SERVICES ENTERTAINMENT RETAIL NFT

SOURCE: Afterpay

Copyright Business Wire 2022.

PUB: 08/23/2022 09:30 AM/DISC: 08/23/2022 09:32 AM

http://www.businesswire.com/news/home/20220823005137/en

Copyright Business Wire 2022.



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