Azuki ‘Elementals’ Mint Mishap Is a Reminder of the Precarious State of the NFT Market

by Jeremy

Final Friday, the Azuki staff held a token-gated occasion in Las Vegas known as “Observe the Rabbit,” the place they airdropped a portion of the unrevealed Elemental NFTs to holders in attendance. On Monday, the staff introduced particulars of the mint, explaining that the remaining Elemental NFTs could be bought in 10-minute rounds – first to holders of Azuki NFTs, then to BEANZ holders after which to most of the people. The sale was meant to be held Dutch public sale fashion, the place the worth of the NFTs would start at 2 ETH and would lower by 0.1 ETH, or about $200, each 5 minutes till all the NFTs had been bought.

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