Commercial volumes increase at Azuki NFTS after the creator admits failed projects

Commercial volumes increase at Azuki NFTS after the creator admits failed projects

Azuki
  • Azuki is the sixth highest collection in relation to the trading volume on OpenSea
  • at the time of publication
  • Azuki founder assured a Twitter spaces spaces that he was fully committed to building up azuki

An anime-inspired NFT collection by Avataren, Azuki, had delivered a hard competition between industry-leading collections such as Bored Ape Yacht Club and Clone X since the project started in January.

The digital collector's pieces, the prices of which crash, are now at the top of the latest controversy around (non -fungible tokens).

Azuki's founder, known as Zagabond, published a blog post before the start of Azuki, der revealed that he is behind three NFT collections-cryptophunks, tendies and cryptozunks-that were abandoned by their founders.

In response to this, many Twitter users referred to the projects as "wore pulls" or "scams" that should never be built.

a user, @sxtvik, tweeted , "Thank you for informing everyone that you are a series carpet artist, really gives you a lot of trust and confidence!" Another user, @pana067, tweeted that all future buyers of Azuki "Jesus".

However, others defended Zagabond, like @LOOPIYYY, who said that cryptophunks and cryptozunks are not fraud.

"If someone promises something to you and then redeem this promise, even if it is only an NFT, he is no longer responsible for working on it," said the user tweeted .

The azuki founder went into these concerns in a Twitter spaces session, which was moderated by NFT-Influencer Andrew Wang, and explained that these projects were not carpet trains, but "was not a product for the market at the end of the day".

The founder added that every disappointment was a question of "false expectations" between creators and consumers.

He claimed that he was trained as a master builder to experiment and repeat or reject them as soon as something fails or is considered unpredictable in the long term instead of wasting time. He admitted that he could have been better to hand over one of these projects.

"It seems that consumers still expect the team and the developers to work on the project in the long run," said Zagabond. "And as a creative, are you to these community members and this project forever?"

As a result, the price of an Azuki fluctuated on OpenSea, and its minimum price has fallen from 21 ether (Eth) since the message became known to 9 ETH at the time of publication. However, volume and transactions have risen by 998 % in the last 24 hours, as experienced dealers are trying to benefit from the strong price fluctuations.


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The contribution "Top of the trade volume at Azuki-Nfts after the Creator has entered failed projects" is not a financial advice.