{"id":2511,"date":"2022-05-27T11:22:15","date_gmt":"2022-05-27T11:22:15","guid":{"rendered":"https://uk20201.com/blog\/?p=2511"},"modified":"2022-05-27T11:22:16","modified_gmt":"2022-05-27T11:22:16","slug":"nfts-trading-volumes-spike-on-azuki-nfts-after-creator-admits-to-failed-projects","status":"publish","type":"post","link":"https://uk20201.com/blog\/en\/nft-en\/ex\/2511\/","title":{"rendered":"NFTs-Trading Volumes Spike on Azuki NFTs After Creator Admits to Failed Projects"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https://uk20201.com/blog\/wp-content\/uploads\/2022\/05\/image-36.png\" alt=\"NFTs\" class=\"wp-image-2513\" width=\"346\" height=\"195\" srcset=\"https://uk20201.com/blog\/wp-content\/uploads\/2022\/05\/image-36.png 553w, https://uk20201.com/blog\/wp-content\/uploads\/2022\/05\/image-36-300x169.png 300w\" sizes=\"(max-width: 346px) 100vw, 346px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\"><strong>What are Azuki NFTs?\u00a0<\/strong><\/h2>\n\n\n\n<p><strong>NFTs<\/strong>-Azuki is a digital brand mostly associated with its collection of 10,000 avatars <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Who\u2019s Behind Azuki NFTs?<\/strong><\/h2>\n\n\n\n<p>Behind Azuki NFTs is Churi Labs, a startup composed of several members with vast experience in crypto, art, and gaming, all of them joining forces to bring a recognizable brand to the metaverse.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Azuki NFT Floor Price: How it Started and How it Goes<\/strong><\/h2>\n\n\n\n<p>The Azuki collection debuted on January 12, 2022, with an initial release of 8,700 avatars \u2014 each priced at $3,400 at that time.The collection sold out in a matter of minutes, registering about $30 million in sales. After the public sale, the creators held a private offering in which they sold sets of Azuki NFTs for another $2 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Are Azukies So Popular?<\/strong><\/h2>\n\n\n\n<p>There are plenty of reasons why Azuki became a blue chip in the cryptocurrency community in such a quick fashion. Number one, in the eyes of most people, is art. It occupied an important niche within the field of NFTs \u2013 anime \u2013 and it set the standard for hundreds of projects after it. The Avatars are aesthetically pleasant, and in the words of Zagabond \u2013 it just \u201cresonates\u201d with the audience, especially in Asia, where anime is a lot more popular.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Creator Admits to Failed Projects<\/strong><\/h2>\n\n\n\n<p>An anime-inspired NFT collection of avatars, Azuki, had been serving up some stiff competition among industry-leading collections such as Bored Ape Yacht Club and Clone X since the project\u2019s January launch.\u00a0The digital collectibles, whose prices are plummeting, are now at the forefront of the latest NFT (non-fungible token) controversy.Azuki\u2019s founder, known as Zagabond,\u00a0<a href=\"https:\/\/mirror.xyz\/0x1Cb8332607fba6A780DdE78584AD3BFD1eEB1E40\/yG8rI1lpQGLPhZch0kjxYRjKTtA9rAL51zg-ZrURyAc\" target=\"_blank\" rel=\"noreferrer noopener\">published<\/a>\u00a0a blog post about his history prior to launching Azuki, revealing he was behind three NFT collections \u2014 CryptoPhunks, Tendies and CryptoZunks \u2014 that were abandoned by their founders.\u00a0In response, many Twitter users dubbed the projects rug pulls or scams that were never intended to be built.<\/p>\n\n\n\n<p>U.TOWN\uff1a<a href=\"https:\/\/u.town\/en\">https:\/\/u.town\/en<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What are Azuki NFTs?\u00a0 NFTs-Azuki is a digital brand mos [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2513,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[614],"tags":[520,415],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - 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