Kodak Black is taking his “Project Baby” nickname to a whole new level … because he just threw down an insane amount of cash for a pacifier covered with diamonds!!!

We’re told the “ZEZE” rapper plunked down 6 figures on a new custom chain complete with a blinged-out binky … spending a whopping $180,000 to freeze his neck and fill his mouth with ice!

Kodak Black hit up celebrity jeweler Eliantte for the pacifier charm dangling from a Hermes link chain … and Eliantte tells us the bling features 98 carats of blue and white diamonds.

We’re told Kodak Black and Eliantte have been talking about creating this custom piece for a few years … and it’s finally come to fruition. KB doesn’t have his baby bling yet, but we’re told it’s about to be delivered.

Now that’s one seriously ballin’ baby!!!

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