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- 1 Azuki NFTs was created in Jan 2022 with 10K items.
- 2 Azuki has opened the gate to the virtual world.
Azuki NFTs have plenty of engagement in the community due to their variety and rarity of art. It has a considerable collection of 10k items. It has been placed at the top of most successful releases. 10,000 collectables are available for sale on OpenSea. The floor prize starts at 16.569 ETH. So far, the total volume has reached 504786 ETH. This places Azuki NFTs in the top 5 positions of the NFT ranking
Azuki NFTs Jump In Metaverse
The Azuki team has always hinted that they have high plans. In Jan 2023, Azuki opened the gates to the virtual world. The very first jump in the metaverse is by the Hilumia City interactive space. Now it is on the path of a very long journey. However, it is just a start in the metaverse.
The Hilumnia city interactive map is available on their website, and it features 10 locations that will become a unique experience for the community. This encourages users to flip NFTs.
More precisely, it has ranked 4th position. And no doubt, this declaration has made it bigger and more profitable.
Chiru Lab is the team behind Azuki. As with any other NFT, Azuki, NFTs co-founder, faced much criticism when he declared that he had previously participated in 3 NFT projects and abandoned them. This is a prior reason behind the community losing faith in Azuki NFTs.
Chiru Labs created Bobu Tokens as an experiment in decentralized IP. There are 11,244 Bobu Tokens that permit to closed Discord channels and proposal voting. According to the official page, Bobu- Azuki #40 will soon be deposited on fractional.art Vault. This art will make ERC-1155 tokens so that all holders of Bobu Tokens in the community can engage in collective governance. But, these are only used as internal rewards systems and not for trading.
Gradually, the breeze passed on, and Azuki has proved itself in the field of NFTs and in tech, branding, and game design. The main reason for the success of Azuki NFTs is the varied and distinguished art. They have thus maintained community engagement.
Earlier, it was decided to launch Azuki through a Dutch auction where the sale begins at a set amount and then drops over time to the final sale amount. The prior Azuki mint price was 1ETH, set to decline by 0.05 ETH every 20 minutes until the price was 0.15 ETH.
Azuki never reached 0.15, but the thing to be noted is that the collection sold out its full supply in about 3 minutes at the 1 ETH mint price.
The most expensive Azuki’s NFT ever sold is Azuki#9605, purchased for 420.7 ETH. The last sale price ranged from 161.25 to 420.7 ETH. It is rare. The valuation of Azuki NFTs depends on people’s trust and reputations. The real character quality makes it rarer.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
