CRYPT — Azuki, which is a project that is part of Web3, has introduced a new collection of non-fungible tokens (NFTs) named “Elementals”. The series is a tribute to the four main components that make up nature: lightning, fire, water and earth. The “Elementals” collection, which includes a total of 10,000 NFTs, will be available for purchase starting tomorrow, June 27, 2023 at 9 a.m. Pacific Time (PT).
The sale will take place in three stages: the first stage will be open only to those who hold NFT Azuki, the second stage will be open only to those who hold NFT Beanz, and the third stage will be open to anyone wishing to participate. . The auction will be conducted in the manner of a Dutch auction, in which the starting price is high but gradually decreases until a bidder is found. NFTs will start trading at a price of 2 ETH, which equates to around $3,800. Azuki’s most recent step illustrates the company’s continued commitment to the Web3 arena.
In January 2022, the project was officially presented to the public with the distribution of a collection of 10,000 NFT avatars inspired by various anime artworks. Azuki introduced “Hilumia”, a metaverse environment designed for community members and intended to mark the completion of the project’s first year in January 2023, as a recent effort as part of the project’s ongoing activities.
According to figures provided by CoinMarketCap, Azuki has made a name for itself in the world of NFTs and currently holds a spot in the top 10 most valuable NFT collections. Azuki continues to make waves in the business despite a floor price of 15.45 ETH, which equates to almost $29,000, and a cumulative volume of 660,654.99 ETH, or around $1.2 billion.