Azuki NFT 2022 Overview • Services and Features • Gasoline

Want to be able to find big NFT projects like Azuki before they become blue chips? Discover Benzinga NFT-PRO Newsletter today to get 5 of the best NFT opportunities every week!

In recent years, the non-fungible token (NFT) sector has exploded in popularity – gaining support from star athletes, celebrities and investors such as Stephen Curry, Snoop Dogg and Mark Cuban. This growth is attributed to how NFTs are revolutionizing the control and monetization of personal data, creating countless opportunities to disrupt industries such as IP, gaming and music.

Despite the long-term promise of NFTs, 2022 has been a bloody year for the industry. The price floors and local currencies denoting the value of NFTs have fallen, forcing many investors to exit the NFT market. However, times of unprecedented fear and pessimism often turn out to be tremendous opportunities to accumulate a fairly priced asset.

A potential gem sitting under the ashes of the current selloff is the Azuki NFT project. Azuki was one of the hottest projects in early 2022 and has continued to build and grow its community despite the recent bear market. The following discussion will provide an overview of Azuki and why it can be a good investment.

What is Azuki NFT?

Azuki is a digital brand associated with its collection of 10,000 avatars. Each digital avatar is a unique, hand-drawn NFT. Azuki NFTs are created on the Ethereum blockchain and are bought and sold with Ether (ETH) on NFT markets like OpenSea and stored in NFT wallets like MetaMask.

All Azuki NFTs have different characteristics in terms of background, hair, clothes and outfits – some Azuki carry a skateboard, swords, a coffee cup or a boombox. NFTS are based on 13 feature categories and 469 features that define the appearance of each Azuki NFT. Some traits are rarer than others, and Azuki NFTs with rarer traits are generally more valuable.

Chiru Labs is the startup behind Azuki NFT and consists of a diverse team with experience in crypto, gaming and art who have joined forces to create a well-known brand in the metaverse. The team is very secretive about who they are and their past experiences.

Pseudonymous creator Zagabond told Forbes, “There’s a mystique and a magic and an allure to something where the project isn’t about our past identities and experiences. That said, there are some doxxed members. Credited as co-creator is Arnold Tsang – a well-known concept artist who worked on Overwatch (an American video game produced by Activision Blizzard).

How is an Azuki NFT unique?

Azuki differs from other projects in several ways. The first and most important factor is art. Azuki led the growth of the anime niche at NFT, setting the standard for hundreds of projects to follow.

Azuki NFTs are known for their aesthetic appeal, and according to Zagabond, they resonate with audiences, especially in Asia, where anime is extremely popular. “I had several conversations with Asian investors who told me this was the first NFT they bought,” Zagabond said.

Another factor that makes Azukies unique is the rebellious theme they exude. Tsang says Azukies exemplify rebellious skater culture, adding that the collection fits well with the core narrative of decentralization within the Web3 community.

Azuki’s team differentiated the project from others in the space through a strategic storytelling perspective. The team carried out several initiatives to create an active and vibrant community, creating the mysterious and fascinating knowledge associated with the project.

Azuki NFT Utility

Holders of Azuki have access to the Garden – the unique metaverse within the Azuki ecosystem. According to the project’s website, “It’s a corner of the internet where art, community and culture come together to create magic. The boundaries between the physical and digital worlds are blurring and the rules are being rewritten. The garden will house interactive multimedia experiences, games, incentives community and potentially animations and comics.

In addition to The Garden, Azuki’s team plans to launch streetwear collaborations, NFT releases, live events and more. Since its inception, Azuki has kept many promises. In April 2022, Azuki launched one of its biggest expansions to date – the Azuki Beanz Collection.

Beanz is said to be an Azuki travel helper – Azuki Airman holders got these NFTs for free via airdrop. Just as Bored Apes did with Mutant Apes and Doodles with Space Doodles, Azuki capitalized on the need to grow the brand without diluting the original collection of 10,000 Beanz supplies.

How to find NFT projects early

Early identification of undervalued NFT projects is a critical skill that can lead to life-changing wealth. This allows you to position yourself in promising projects at cheap prices before the rest of the market follows.

Picking the best NFT projects before they explode is not easy and often requires excessive market experience. That’s why Benzinga has released its first NFT newsletter, NFT PRO. NFT PRO sends you five of the best opportunities in the industry each week, handpicked by experts. It is written by Henry Stater, Benzinga’s NFT expert, who has over 1000 hours of NFT trading and research experience and an excellent trading history.

Here is an example of what NFT PRO subscribers get each week. These are the five picks from the August 19 edition of NFT PRO.

In this unique edition of NFT PRO, subscribers were told about four of the most successful NFT projects of the coming months. The edition called out Art Gobblers, asking subscribers to whitelist before the main NFT collection was announced. Second only to mint (free), even the cheapest Gobblers sold for over $20,000. DigiDaigaku has seen equally dramatic growth. When the August 19 NFT PRO edition was released, they were trading for around 1.5 ETH ($1,800). In two weeks, you can’t buy one for less than $22,000. Finiliar, 10KTF Combat Crates and Genuine Undead also saw a 3-4x, 1.5x and 5x increase respectively.

NFT PRO subscribers who bought one of the five NFTs could have won at least 30 ETH ($36,000+). You can get a special discount when you sign up for a limited time. It is important to note that the newsletter is not financial advice. These are the top five NFT opportunities every week from an NFT trading expert and there is no guarantee of profit.

How to buy Azuki NFT

Azukies can be purchased from OpenSea – the world’s first and largest digital marketplace for NFTs. However, you will need to complete some important prerequisite steps before purchasing directly from OpenSea.

Open an exchange account to buy Ether (ETH). The amount of ETH you need to buy will depend on the base price or asking price listed for the Azuki you are buying. You need to buy a little more ETH than you need for the transaction fees you will pay when you transfer ETH to a wallet and transact on OpenSea.

ETH can be purchased using any major cryptocurrency exchange such as Gemini, eToro or Uphold. The next step is to set up a browser wallet such as MetaMask. MetaMask is free and can be set up in minutes. Once set up, transfer ETH from your crypto exchange account to your individual web wallet. When the ETH has arrived, go to the official Azuki Project website on OpenSea and buy an Azuki.

  • This advertisement promotes investment in virtual cryptocurrencies within the EU (by eToro Europe Ltd. and eToro UK Ltd.) and the United States (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, without EU protection and unsupervised by the EU regulatory framework. Investments are subject to market risk, including loss of principal.

  • Best for

    A fast trading experience

Is Azuki NFT a good investment?

Overall, Azuki is a promising project with a strong value proposition and stunning aesthetics. The project has a vibrant community and is positioned to continue growing in the future, but not without risk. Given the volatile nature of NFTs and the speculative nature of Azuki, cautious investors will only invest money they are willing to lose.

Not all news on the site expresses the views of the site, but we broadcast this news automatically and translate it through software technology on the site rather than by a human editor.

Leave a Comment