An Azuki sold for 1.4 M – Is the succession of the Bored Ape already there?

NFTs are still on the rise – While the world of european crypto is in full psychodrama and we wonder with what sauce we will be eatensome collections of NFT kindly continue to tear themselves away at gold prices! It seems that there is definitely a separate market for digital artwork and the recent sale of a Azuki for more than one millions of dollars confirms it. Let’s take a closer look at what it is.

A collection of original NFTs in more ways than one

Given the highly subjective in the field of art in general, it seems complicated to tell you what we really think of this collection. Some will find that extraordinary ! While others will only see JPEG Japanese… This has been the case for digital art since the advent of the famous NFTs. We will try to keep a cool head. To not get dazed by all those millions of dollars and just tell you about the Azuki.

Chiru Laboratories is a start-up based in Los Angeles. She launched her collection of NFT last January. The founders are four anonymous people who call themselves: ZAGABOND, 2pm.flow, location tba and HoshiBoy. The latter say they have worked in companies like Google, Facebook or even with DeFi giants. It exists 10,000 animated avatars in the collection, here are a few to give you an idea of ​​the mood.

Some examples from the Azuki collection – Source: official Azuki Twitter account

According to NFT analyst block searchThomas Bialek, his popularity was driven by several factors:

  • Azuki is one of the first projects on the theme ofanimated avatars to become mainstream
  • Iteam experience in big tech and DeFi companies
  • original initiatives in the project roadmap: access to discounts on physical goods “ eternally as well as the governance and DAO token the $BEAN.

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Azuki #9605 is gone for $1.4 million

The team’s idea is to offer a advanced experience to the user. Not just providing illustrations. This is how owning an Azuki gives you privileged access to The gardenand frankly it makes me want:

The garden (Le Jardin) is a corner of the internet where art, community and culture merge to create magic. The boundaries between the physical and digital worlds are blurring and the rules are being rewritten.”

Extract from the presentation of the project – Source: Official website of the project

This is how Azuki sales exceeded $500 million in sales volume to date on OpenSea according to block search. Its 10 highest sales are between $353,000 and $1.4 million. But back to our sheep, or rather to our Azuki. the Azuki #9605 is the second rarest in the collection. It sold last Wednesday for the sum of 420.7ETH or $1.4 million on the day of the sale. Here is the beast:

The Azuki #9605 which sold for over a million dollars.  It is one of the two rarest in the collection.
The Azuki # 9605 – Source: Twitter account of one of the sellers

In this new world where avatars are the rule, we can tell you that the seller is an active member of the RedBeanDAO who introduces himself as ” treboom » on Twitter. The seller would be a certain Jason whose Twitter account is Bitcoin4Freedom. So much for the introductions, you know everything about this case.

The sales of NFT Azuki follow the best collections on the market. The CryptoPunks where the Bored Ape Yacht Club (BAYC) have a serious competitor in the digital galleries of lovers of the genre. But beyond thedecorative artA whole host of uses for NFTs are on the horizon and no doubt they will be used in the future. In the meantime, a more pragmatic use has been talked about around the war in Ukraine.

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