$103,633.00
4.41%$2,301.94
20.21%$2.34
6.67%$632.31
3.01%$164.93
8.94%$0.999983
-0.00%$0.205371
12.76%$0.784564
10.62%$0.256336
2.53%$2,298.40
19.81%$3.99
9.41%$103,477.00
4.66%$15.95
8.78%$22.80
9.58%$2,757.40
20.28%$0.297063
9.61%$0.00001471
9.98%$422.37
0.41%$0.198692
7.56%$24.84
14.13%$8.87
0.69%$3.28
4.91%$0.999983
0.01%$97.23
4.72%$4.58
8.20%$2,300.31
20.11%$301.32
6.10%$2,448.58
19.06%$0.765998
22.19%$4.53
5.12%$1.001
0.05%$0.00001164
31.34%$103,517.00
4.35%$1.001
-0.09%$30.43
6.22%$443.25
10.19%$6.41
23.72%$5.67
12.28%$2.86
17.47%$53.44
4.04%$1.015
9.97%$210.87
12.76%$1.051
0.02%$1.00
0.00%$18.90
9.46%$0.099723
4.14%$5.34
11.54%$13.89
14.95%$0.102821
7.38%$21.67
1.68%$32.94
10.26%$0.774418
5.96%$4.92
9.54%$0.02938933
11.65%$0.384517
27.85%$0.254203
11.99%$1.002
0.05%$4.69
8.62%$103,543.00
4.52%$0.802628
10.10%$1.17
0.18%$3.00
10.11%$0.230844
9.86%$0.595447
9.26%$4.35
0.32%$0.374329
13.29%$2.76
0.36%$4.43
5.59%$0.0000205
11.10%$1.13
14.43%$0.999427
0.09%$0.977036
5.51%$0.511104
14.43%$1,747.63
10.06%$2,301.16
19.09%$2.13
35.55%$11.10
2.93%$95.63
2.60%$173.61
9.19%$1.33
20.95%$2,395.72
20.16%$0.01991284
1.39%$0.854212
3.36%$1.28
0.04%$4.67
16.69%$0.734581
16.86%$0.237024
13.50%$0.075688
1.54%$0.650527
12.18%$103,445.00
4.97%$11.65
13.92%$0.999439
-0.09%$2,607.81
20.19%$0.77796
8.03%$0.10638
9.80%$0.01537657
15.53%$0.00009624
17.32%$1.016
20.22%$632.23
2.96%$0.01874711
13.11%$1.001
-0.05%$0.999827
-0.01%$212.43
8.55%$2,446.60
19.47%$0.870318
12.80%$182.13
8.47%$14.82
0.93%$0.01891444
16.94%$103,865.00
4.54%$2.87
8.83%$3,327.70
-0.51%$40.89
5.80%$0.80888
11.42%$104,856.00
3.87%$0.080568
30.73%$0.32604
12.72%$102,504.00
5.50%$0.626582
4.33%$3,329.36
-0.47%$0.999902
-0.01%$0.238087
8.72%$0.00000077
7.21%$22.79
17.91%$2.31
8.17%$2,408.72
19.37%$4.01
6.72%$0.713227
14.91%$0.121125
6.43%$42.10
4.27%$0.423682
9.53%$0.697533
22.64%$0.99791
-0.02%$1.97
15.83%$2,404.52
20.29%$0.340711
9.28%$0.608602
7.41%$0.01875281
6.52%$0.766687
12.91%$0.998837
-0.02%$3.79
11.41%$0.01039959
17.93%$1.10
-0.56%$0.159786
11.97%$0.0060486
2.19%$19.34
19.61%$8.25
13.49%$0.4557
10.22%$0.205003
12.57%$110.98
0.01%$0.481888
7.58%$103,491.00
4.33%$0.665083
12.81%$1.44
9.75%$0.163147
18.71%$0.201281
8.94%$0.508018
7.53%$0.999304
0.09%$2,447.93
19.16%$4.15
25.56%$2,299.66
20.09%$102,618.00
3.81%$2,300.17
19.89%$0.613366
17.97%$1.001
0.06%$0.067457
1.90%$2,307.33
20.62%$0.00002371
6.96%$101,241.00
4.28%$2,305.24
18.16%$0.00875757
11.35%$0.999989
-0.00%$1.64
4.57%$1.83
12.25%$2.80
11.98%$6.39
7.91%$0.178161
9.46%$0.087337
15.41%$0.095711
13.50%$0.04544378
9.99%$0.00641515
14.62%$0.00000043
2.74%$2,301.21
20.16%$0.634166
21.89%$0.00000106
16.27%$0.253853
11.84%$1.013
0.43%$1.086
0.03%$1.55
11.10%$0.155223
2.90%$44.88
10.45%$0.358976
24.30%$0.412688
7.79%$0.843112
21.41%$2,288.60
19.16%$0.00435893
5.57%$0.03695576
5.59%$33.31
-0.48%$0.375528
2.32%$0.01871735
3.92%$0.00006557
7.29%$21.61
0.63%$1.001
-0.05%$0.847967
8.15%$0.352362
14.99%$1.00
0.02%$0.175891
0.54%$1.41
-0.46%$1.26
46.38%$0.00334244
12.01%$129.12
12.96%$2,432.25
20.10%$0.733899
5.24%$103,470.00
4.34%$2.92
13.72%$22.77
9.54%$0.999531
-0.03%$3.95
36.82%$24.88
14.54%$0.999544
-0.10%$1.00
-0.03%$0.226084
12.60%$103,690.00
4.72%$0.25382
10.41%$2,528.93
20.24%$0.531688
-7.26%$0.00000151
0.98%$2,505.71
19.33%$0.00339714
14.66%$0.0354846
8.29%$1.099
-0.01%$3.60
8.74%$24.88
14.20%$0.289979
71.85%$2,299.10
20.02%$23.64
6.57%$2,478.68
19.77%$1.00
0.02%$17.40
12.55%$0.570862
6.88%$0.284884
8.25%$3,326.86
-1.03%$2,293.93
20.52%$0.00371183
11.60%$0.794786
18.23%$2,079.51
4.36%$0.03878498
6.05%$0.01378254
9.71%$2.80
4.72%Reading
“Azuki is dead,” declared the host of a Twitter Space titled “The Death of Azuki” Monday evening.
The bold assertion—which was somewhat tongue-in-cheek—follows the release of a blog post from pseudonymous Azuki founder Zagabond, who shared today that he was previously involved in a few lackluster NFT projects that some labeled as “rugpulls.”
NFTs—unique blockchain tokens that signify ownership over an asset—can have volatile price fluctuations, and the Azuki collection on the Ethereum blockchain is no exception.
Within hours of Zagabond’s post being published, the Azuki collection’s starting price, or floor price, declined from roughly 19 ETH ($41,800) to about 10.9 ETH ($24,000).
But Azuki hasn’t exactly been having the greatest month in terms of floor price, either. The collection's starting price is down 56% in the past month and nearly 63% in the past week, according to data from NFT Price Floor. To some extent, this larger decline is partly due to crypto and NFT markets crashing across the board.
Last week, Yuga Labs’ massive Otherdeed NFT mint, for virtual land deeds in the Bored Ape Yacht Club metaverse realm Otherside, clogged the Ethereum mainnet with transaction demand. This triggered a gas war and network chaos that could have been prevented altogether, according to E.G. Galano, the co-founder and general manager of Ethereum infrastructure provider Infura. While Yuga Labs saw $561 million in trading volume in just 24 hours, the mint became the sixth-largest source of burned Ethereu...
Self-described “on-chain sleuth” ZachXBT expressed concerns about the Azuki founder’s blog post and accused Zagabond of “rugging” on previous projects. A rugpull is when an NFT project founder releases a project with an ambitious roadmap, only to abandon said project (with their money) after the primary sale.
Please read my post in full. We delivered everything that was promised for these collections. Do I wish they were more successful? Of course. There was no product-market fit at the end of the day, but that doesn’t mean it’s a rug.https://t.co/Z2enFov8m9
— ZAGABOND.ETH (@ZAGABOND) May 9, 2022
But Zagabond denied the rugpull accusations levied against the Tendies, the CryptoPhunks and the CryptoZunks (the latter two of which derive their art from the CryptoPunks NFTs).
“Do I wish they were more successful? Of course. There was no product-market fit at the end of the day, but that doesn’t mean it’s a rug,” Zagabond said.
In the blog post, Zagabond described the CryptoPhunks as a “parody project,” said the Tendies NFTs “wound down” after only minting out about 15% of the meme collection, and suggested the CryptoZunks project has “limitations due to gas costs on Ethereum killing the product experience.”
But some NFT enthusiasts appear to be taking advantage of Azuki’s declining price. The collection saw a high spike in sales, with over 300 sold on secondary marketplaces in a single day.
Mattel has hit pause on its flagship Hot Wheels Virtual Garage NFT program, announcing there will be no further releases of new NFT series or feature drops “for the foreseeable future,” as the toy giant reconsiders the long-term future of its digital collectibles. “As we evaluate the changing world of virtual collectibles, we’ve determined the time has come to end our Series and Feature Drops in 2025 and onward,” Mattel said in an official update posted to its website. The decision puts an end,...
Claynosaurz, an NFT-driven entertainment brand that first set up shop on Solana, is expanding to a second blockchain: Sui. The announcement came during Token2049’s Sui Basecamp event, where Claynosaurz CEO Andrew Pelekis outlined how the team is setting its sights on a broader frontier for interactive digital IP—starting with a series of upcoming launches tied to collectibles, gaming, and community engagement. The expansion builds on a March reveal that Claynosaurz would use Walrus Protocol—a de...
FIFA Collect, the official digital collectibles platform for the International Federation of Association Football (FIFA) soccer organization, will migrate to its own Ethereum Virtual Machine (EVM) compatible FIFA blockchain—leaving behind Algorand in the process. Scheduled to occur no sooner than May 20, the migration away from Algorand does not require any immediate action from FIFA Collect users or NFT owners. “As FIFA Collect evolves, we are migrating the platform to the FIFA Blockchain, an...
