The highly anticipated Azuki Elementals coin will take place in less than 24 hours on June 27. News of the new 20,000 strong PFP collection was made public on June 23 at Azuki’s “Follow the Rabbit” event in Vegas.
During the Vegas event, Azuki holders got a locked Elemental from the air that will be revealed after the sale. In addition, all Azuki and Beanz holders were awarded a Soulbound Token (SBT), called an “Elemental Chip”, to commemorate the event.
Here are some frequently asked questions and answers to ensure you have all the information you need to navigate this exciting release.
How are the 20,000 PFPs allocated?
10,000 Elementals (half the supply) have already been dropped to Azuki holders as unrevealed Elementals. That means the remaining 10,000 will be available to mint on June 27.
What is the currency structure?
Azuki Elementals goes on sale on Tuesday, June 27 starting at 9:00 AM PT. Azuki and Beanz token holders have presale access starting at 9:00am PT (for Azuki holders) and 9:10am PT (for Beanz holders). The public sale opening will begin at 9:20 a.m. PT.
The public auction follows a Dutch auction model and starts with a price of 2 ETH. The price will gradually decrease by 0.1 ETH every five minutes until all 10,000 Elementals are sold in the public auction.
Minters must deposit 2 ETH before minting and get the difference back if they mint less than 2 ETH. During pre-sale phases 1 and 2, Azuki and BEANZ holders can own unlimited 1 Elemental per Azuki or BEANZ. However, the limit is three Elementals per public sale wallet.
Do I need the Elemental Chip to mint?
No. The Elemental Chip SBT was dropped to Azuki and Beanz holders who attended the Vegas event, but it is not necessary to hit Elementals. As long as you are an Azuki or Beanz holder, you are eligible for the presale.
Is it possible Elementals won’t reach public sale?
It’s very possible that Elementals won’t make it to public sale. being many speculating it will sell out in phase 2, since there are more Beanz holders than there are Elementals available. However, it is currently impossible to predict.
Do I have to be in Phase One to pull a weirdo?
No. During both the pre-sale and public sale phases, four different tiers of Elementals will be given out at random. Those in higher levels have a higher chance of obtaining rare features, but there is an opportunity for an extremely rare Elemental, a Grail Elemental, to get out of each level.
Can I cash in from an alternative wallet?
Yes. For those who have their wallets in cold storage, this is a custom solution for holders who want to cash in from a different wallet than the one that holds your Azuki or Beanz tokens. Register here.