WEB3
by BSCN
June 28, 2023
Introducing a new "Green Bean" contract has sparked speculation about a potential connection with the Elementals collection. The community eagerly awaits further updates from Azuki.
Azuki, a renowned blue-chip Non-Fungible Token (NFT) brand, experienced tremendous success with the release of its latest NFT expansion, Azuki "Elementals." Within 15 minutes, the project generated a staggering $38 million.
Azuki Elementals was unveiled at the "Follow the Rabbit" event in Las Vegas, exclusively for Azuki holders. A portion of the 20,000 NFTs, representing the elements of earth, fire, lightning, and water, were airdropped to these lucky holders.
The remaining NFTs went on sale at 16:00 UTC on Tuesday. Azuki NFT holders were granted a 10-minute presale minting window, followed by BEANZ holders gaining presale access ten minutes later. The anticipation for the public sale at 16:20 UTC was high. BEANZ is a derivative project of the Azuki collection.
To participate in the presale, Azuki and BEANZ holders must provide a 2 ETH deposit. The overwhelming demand resulted in the complete sell-out of the entire collection in under 15 mins, rendering the public sale unnecessary.
Etherscan data revealed that the wallet address holding the Elementals mint funds accumulated an impressive 20,000 ETH, equivalent to over $38 million at the time of writing.
Azuki developers deployed a new contract named "Green Bean," in an intriguing development, alluding to a connection with the Elementals.
Further, the protocol teased the "green bean" GIF in a recent tweet, intensifying speculation about a new token.
One user, Skarly.eth, shared his thoughts on the green bean theory, suggesting that Azuki NFTs might consume green beans, resulting in migration to a new contract that enforces royalties. The speculation also includes a visual "upgrade" of the original Azuki NFTs in the new contract to differentiate them from the Elementals.
Azuki's swift sell-out and the teaser of a new token have generated considerable excitement and curiosity within the NFT community, eagerly awaiting further updates from the brand.
Azuki is a unique brand that aims to create a community-driven metaverse experience. It offers a collection of 10,000 avatars that provide membership access to The Garden, a space where art, community, and culture converge.
Azuki's vision involves exclusive streetwear collaborations, NFT drops, live events, and other exciting endeavors yet to be unveiled. The brand emphasizes community ownership, paving the way for a new form of media that explores uncharted territory.
In the metaverse, an Azuki avatar becomes your identity, and the goal is to shape this digital realm collectively. As the boundaries between the physical and digital worlds blur, Azuki seeks to redefine norms and open doors to boundless possibilities.
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