NFTs News

Azuki NFT Holds AMA On Discord Amid All The Noise About New Collection

Key Points:

  • Azuki NFT plans to hold an AMA event in Discord tomorrow with the participation of 2 other co-founders.
  • Azuki Elementals NFT Mint sold out less than 15 minutes after launch with the reveal of a new airdrop.
  • However, there have been many criticisms about Azuki Elementals being too close to the original collection, creating a rift in the NFT space.
ZAGABOND.ETH, the co-founder of the Azuki NFT, announced on Twitter that the team will join the Azuki Discord at 18:00 PT on June 29. An AMA event will be held, when ZAGABOND will be joining the Azuki Discord.ETH will join two other co-authors of the project.

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

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

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

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

Azuki Elementals were launched 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, have been sent to these lucky holders.

On June 27, the Elementals minting event started at noon ET. Now, NFT holders from the original Azuki collection have been granted access to minting. Then, at 12:10 p.m. ET, it will be time for Beanz NFT holders to mint.

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

Although the minting was met with a lot of backlashes, with many Azuki holders satisfied with the process, countless others expressed disappointment that, despite the timing, they were unable to obtain an Elemental. Since there is no limit to individual minting, one user even won a staggering 332 Elementals during the pre-sale, meaning many Beanz holders were unable to mint.

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

It took a little while for Azuki to respond to both opponents and supporters of his new collection. Less than a day after the Elementals minting began, the brand took to Twitter to address the situation. Azuki wrote in a thread that they missed the target this time, besides admitting mistakes in the hectic minting process.

In this thread, Azuki goes on to explain 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 allowing the creation of “a new anime is being produced” This also somewhat softened the community’s reaction.

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

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

Victor

Recent Posts

Book of Meme Old News? This Best Meme Coin to Invest in 2024 Is Multiplying Gains Like a Champ

Over the years, meme coins have evolved from inside jokes into serious investment opportunities.

20 minutes ago

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

50 minutes ago

Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution

Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…

2 hours ago

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

4 hours ago

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

5 hours ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

5 hours ago

This website uses cookies.