|

Crypto News

Azuki Reveals New ‘Elementals’ Collection, Increasing NFT Ecosystem

Author

Jay Solano

Tags

Reading time

2 mins
Last update

Author

Jay Solano

Tags

Reading time

2 mins
Last update

Author

Jay Solano

Tags

Reading time

2 mins
Last update

azuki

Join our growing community


On Friday, holders received an airdrop of a section of the 20,000-edition NFT collection that has not yet been revealed.

Azuki, a well-known blue-chip non-fungible token (NFT) collection, is introducing a new collection that was influenced by components of the Azuki ecosystem.

Azuki Elementals will feature 20,000 NFTs based on the four Azuki elements of earth, fire, lightning, and water, according to a press statement. The collection contains several levels of rarity qualities, which will be made clear after mint.

Holders of Azuki NFTs or BEANZ, another Azuki derivative collection, will have first access to the sale, which launches as a Dutch Auction on Tuesday and starts at 2 ETH, or around $3,800. Until all 10,000 of the remaining Elementals NFTs have been sold, the price will decrease by 0.1 ETH, or $187, every five minutes.

At the “Follow the Rabbit” event held on Friday in Las Vegas, some of the NFTs from the new collection were airdropped to current Azuki owners.

Charlie G, an Azuki holder and event participant, tweeted that Azuki holders received a soulbound token and an unreleased Azuki Elemental NFT as a memento of the occasion.

Charlie stated, “The trailer that was launched in Vegas was of a quality the space had never seen before. “It goes far beyond what we typically see in NFT projects,” says the reviewer, “Azuki’s ability to captivate the attention of a whole space.”

Azuki’s floor price at the time of writing is 15.3 ETH, or around $29,000, according to data from the secondary market OpenSea. A trade volume of 569,795 ETH, or little over $1 billion, has been generated for the project. BEANZ’s trading volume is roughly $300 million, and its floor price is 1.28 ETH, or $2,400.

The project raised $2.5 million in sales volume by auctioning eight golden skateboards paired with “physical backed tokens” in October.