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Home»NFT»Azuki NFT is holding AMA on Discord amid all the noise about new collection
NFT

Azuki NFT is holding AMA on Discord amid all the noise about new collection

2023-06-29No Comments3 Mins Read
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We have a Garden Stage in the @Azuki Discord tomorrow at 6pm PT. Join me @steamboy33 @locationtba in the garden (I promise it will take more than 10 minutes).

— ZAGABOND.ETH (@ZAGABOND) June 28, 2023

According to the news yesterday, after Azuki’s sale of Elemental sparked controversy, Azuki announced that they would be making further statements and plans regarding Elementals.

Some members of the community have discovered that the contract address Elemental Beans has launched a new contract called Green Bean. Azuki’s official Twitter suggests they will broadcast the “Green Bean” NFT to holders.

The introduction of a new contract by “Green Bean” has sparked speculation about a possible connection to the Elementals collection. The community eagerly awaits further updates from Azuki.

The project announced yesterday that it had achieved tremendous success with the release of the latest NFT expansion, Azuki “Elementals”. Within 15 minutes, the project generated a whopping $38 million.

Azuki Elementals were launched during the “Follow the Rabbit” event in Las Vegas, exclusive to Azuki holders. A portion of the 20,000 NFTs, representing the elements of Earth, Fire, Lightning, and Water, have been sent to these lucky holders.

On June 27, the Elementals coin event started at 12pm ET. Now NFT holders of the original Azuki collection have access to the minting. Then, at 12:10 PM ET, it’s time for Beanz NFT holders to coin.

But due to Azuki’s failure to limit the number of Elements a single collector could mint, the sister collection’s entire supply was readily available in the shop window. Beanz, long before the scheduled public sale begins.

See also  NFT market is expected to cross the $200 billion threshold

While the beating met with strong backlash and many Azuki holders were pleased with the process, countless others expressed disappointment that, despite the timing, they were unable to obtain an Elemental. In fact, since there is no limit to individual batting, one user won a whopping 332 Elementals during the pre-sale, meaning many Beanz holders were unable to bat.

However, public reaction to the Elementals coin mechanism was just the tip of the iceberg. Because after the art was revealed, it became clear that the Elementals didn’t live up to its hype. In particular, many argue that the newly launched collection has too many striking similarities with the previous collection.

It took Azuki a while to react to both opponents and supporters of his new collection. Less than a day after the Elementals’ beating began, the brand took to Twitter to address the situation. Azuki wrote in a thread that they missed the target this time, in addition to admitting mistakes in the frenetic coining process.

Azuki,

It is always both challenging and exciting to open the gate to the garden.

This time we missed the mark.

We hear you – the coining process was hectic, the PFPs feel similar and, even worse, diluting for Azuki.

— Azuki (@Azuki) June 28, 2023

In this thread, Azuki further explains the grand vision of the Elementals, saying that the collection is meant to “welcome new members to the community” while also expanding the Azuki universe and becoming the creation of “a new anime”. produced” possible. This also somewhat softened the community’s reaction.

See also  NFT artist draws attention to Maui wildfires with new collection

DISCLAIMER: The information on this website is intended as general market commentary and does not constitute investment advice. We recommend that you do your own research before investing.

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AMA Azuki Collection Discord Holding NFT Noise
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