Azuki NFT collections ends Elemental mint with $37.5 million

The Block
The Block

27 Jun 2023 4:33 PM

The mint, which for the first 20 minutes was only open to Azuki or BEANZ holders, minted all 10,000 NFTs before it opened to the public. ...

  • Azuki Elemental Beans is a new NFT collection that contains 20,000 NFTs tied to Azuki's existing BEANZ spin-off collection.
  • Half of the NFTs were given to Azuki and BEANZ holders for free.
  • The auction started at 12:00 p.m. ET for Azuki holders and at 12:10 p.m. ET for BEANZ holders, with the public sale opening at 12:20 p.m. ET.
  • The collection sold out within 15 minutes and was never available to the public.
  • The launch of Elemental adds one more facet to the Azuki universe, which includes a virtual city called Hilumia and a Physical Backed Token (PBT).
  • The Azuki NFT collection brought in a total of 574,722 ETH (around $1.08 billion) and maintains a floor price of 14.25 ETH, or $26,700.
  • The BEANZ sidekick collection netted an additional 162,634 ETH ($305 million) at a 0.85 ETH ($1,594) floor price.
  • Azuki brought in the most trading volume within the first five months of its launching, bringing in an all-time high of $121 million in the second week of May 2022.
  • The most valued Azuki NFT sold for $1.4 million on March 30, 2022.
  • The firm behind Azuki, Chiri Labs, brought in $30 million in Series A funding in November 2022.

The article provides a neutral description of the Azuki Elemental Beans NFT collection and its sale, as well as the broader Azuki universe and its success in the NFT market.

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