A rare Azuki NFT was recently sold on OpenSea for 420.7 Ethereum (ETH), which is the equivalent of $1.4 million US Dollars. The landmark sale marks the highest sale price for the Azuki NFT collection to date.
The sale was for Azuki #9605, which is ranked as the second rarest NFT from the Azuki collection, according to NFT rarity ranking site Rarity Sniper. OpenSea shows that the seller "trevault" is a member of RedBeanDao, a DAO set up by a few Azuki supporters, and owns several Azuki NFTs. Meanwhile the buyer's user handle is "jdizzles". The previous highest sale price for an Azuki NFT was 204 Ethereum or about $559,000 US Dollars, in February of this year.
Azuki NFT Collection on OpenSea
Azuki #9605's rarity consists of a combination of traits including the type (spirit), clothing (none), Hair (fluffy), golden headphones and golden shuriken amongst other rare traits. The same buyer also recently purchased an Invisible Friends NFT (#1125) for a record high price as well.
What is the Azuki NFT Collection?
Azuki is an NFT collection of 10,000 anime styled avatars with different traits providing levels of rarity. They describe their project as "A brand for the metaverse. Built by the community." A purchase of an Azuki NFT provides membership access to the "Garden" which is explained as "a corner of the internet where artists, builders, and web3 enthusiasts meet to create a decentralized future.” Azuki holders receive access to exclusive drops, experiences, and more.
After its launch in January by Chiru Labs, the Azuki NFT collection has grown in popularity to reach over $500 million in sales volume on OpenSea. It currently has a floor price (the lowest amount of money a buyer has to spend to become a holder) of 28.4 Ethereum or $97,000 US Dollars and has a 30 day trading volume of over 41,100 Ethereum or $141,404,550 US Dollars.
Surprise Azuki Airdrop
The Azuki NFT collection also recently announced an airdrop to holders of their NFTs. For every Azuki NFT the owner holds, they will receive two unidentified "Something" NFTs.
The "Something" airdrop did launch with a Wordle-style hint on the crate teaser image. A line of text on the bottom of the crate also reads "Fine exports from the farm". This has caused plenty of speculation on Twitter, as users try to piece together clues to figure out what the "Something" NFT collection may be. Twitter user "FastandLucid" claimed it may be a collection of anime pigs.
With all the excitement around the Azuki NFT collection, even this airdropped collection’s floor price has shot up to 3.15 Etheruem with virtually no explanation from Azuki as to what the new NFTs would be.
The above is a guest post by BumbleBeeCrypto. The views expressed in this article are the author's alone and do not necessarily represent the views of ApolloX.
Additional background information from ApolloX:
Why is Azuki so popular?
Unlike many other popular NFT collections, Azuki gained prominence even before its minting event. There are three main reasons. First of all, although the founders of Azuki’s parent company Chiru Labs are anonymous, one of the key members is a famous artist from the multiplayer shooter game <Overwatch>, which has over 50 million players. Secondly, Azuki is one of the few projects which draws inspiration from Asian style elements, in particular an anime-inspired design (originating from Japanese comics and Japanese animation). Fun fact: The name ‘Azuki’ is also Japanese and refers to a red bean widely cultivated through East Asia. Last but not least, the software produced by the Azuki team allows people to mint multiple NFTs with one transaction. This helps NFT buyers to save costs on gas fees.
Update on Azuki Airdrop
BEANZ Official NFT Collection on OpenSea
New developments show that the surprise airdrop now links to BEANZ Official, an NFT collection featuring what looks like red bean pods. A caption states “BEANZ coming soon”, hinting that the final form of the NFTs are yet to be revealed.
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