Azuki, a Web3 project, has unveiled a new collection of non-fungible tokens (NFTs) called “Elementals.” The collection pays tribute to the four fundamental elements of nature: Fire, Water, Earth, and Lightning.
Comprising a total of 10,000 NFTs, the “Elementals” collection will be available for purchase tomorrow, June 27, 2023, starting at 9 am PT. The sale will take place in three phases: the first phase will be exclusive to Azuki NFT holders, the second phase for Beanz NFT holders, and the third phase will be open to the general public.
The sale will employ a Dutch auction format, where the price gradually decreases until a buyer is found. The starting price for the NFTs will be 2 ETH (approximately $3,800).
This latest move by Azuki highlights its continued involvement in the Web3 space. The project officially launched in January 2022 with the release of a collection of 10,000 avatar NFTs inspired by anime artwork.
As part of the project’s recent endeavors, Azuki introduced “Hilumia,” a metaverse space created for community members to commemorate its first year in January 2023.
Azuki has made a mark in the NFT landscape and currently holds a position among the top ten NFT collections, according to CoinMarketCap statistics. With a cumulative volume of 660,654.99 ETH (approximately $1.2 billion) and a floor price of 15.45 ETH (around $29,000), Azuki continues to make waves in the industry.