Azuki NFT Overview and Data Analysis

Author: [email protected], compiler: [email protected], data source: Azuki NFT Collection Dashboard

Azuki NFT combines the art of animation with practicality, cultivating a vibrant Web3 community. Will this NFT project rise in 2024?

About Azuki

Launched in January 2022, Azuki NFT has quickly become a cornerstone of the NFT space with a vibrant community in The Garden, a platform for community collaboration and a Web3 hub that offers exclusive benefits. The Azuki project, a collection of 10,000 anime-style digital collectibles, was an immediate success, raising over $29 million in funding and captivating the NFT audience with its unique blend of art and utility.

Beyond its visual appeal, Azuki offers a range of practicalities and benefits to its holders, from access to special airdrops to access to Azuki’s own gamified virtual universe, Hilumia. These anime-inspired digital collectibles not only attract avid followers in the anime community, but also play a key role in users' transition from Web2 to Web3, enhancing the value and utility of NFTs in the blockchain ecosystem. .

Azuki NFT Collection

The team behind Azuki

Chiru Labs is the development team behind Azuki. Chiru Labs is a Web3 studio at the forefront of immersive storytelling, seamlessly blending art, technology, and community engagement. The Los Angeles-based collective of artists and developers, which includes companies like 2pm.flow, location tba, HoshiBoy, and more, is led by Zagabond, a former big tech entrepreneur with an extensive background in cryptocurrency, technology, and gaming. Their vision with Azuki goes beyond the typical profile picture (PFP) project to unfold a broad brand narrative across multiple domains, redefining the boundaries between physical reality and the digital realm.

Chiru Labs faced a crisis of trust when co-founder Zagabond’s past failed NFT projects came to light, and people began to worry that Azuki might be a fraudulent project. Nonetheless, the team’s expertise and determination allowed the brand to successfully overcome these doubts, proving Azuki’s lasting influence in the NFT market.

Azuki NFT series data

In the rapidly changing world of Web3, understanding non-fungible tokens (NFTs) is like exploring a vast unknown ocean. Data analysis is a tool that helps find direction for everyone involved, such as collectors, investors, and creators. It does this by carefully looking at transaction records, ownership transitions, price movements, and user interactions with NFTs. This information helps people make informed choices, avoid risks, and discover new opportunities in the NFT market.

Having guidance like this is critical to staying on track in the ever-changing NFT landscape. It helps make choices that are in sync with the market, ensuring no one gets lost in the massive NFT data.

• NFT market trends

The NFT market is a dynamic ecosystem. The data indicators are like a barometer to measure its changing context. Key indicators such as market capitalization, trading volume, floor price and trading market activity help us analyze the health and growth potential of this field.

Those investors who can grasp market trends can predict the direction of the trend, manage investment risks, and discover hidden opportunities. This data is important as the foundation for a smart investment plan and a line of defense against the ups and downs of the NFT market.

Source: Azuki  NFTs - Market Cap, Volume and Floor Price

Footprint Analytics NFT data shows that Azuki’s market value and floor price have increased significantly in the past 180 days.

• User behavior

In the NFT field, user behavior data such as total sales , total number of buyers and sellers, unique holders and daily transactions, etc., provide a microscopic view of user behavior. Indicators such as daily sales volume, transaction volume, and fluctuations in the number of holders, sellers, and buyers provide real-time insights into the pulse of the market.

Analyzing this user behavior data gives NFT participants a deeper understanding of market sentiment and participant activity. Trends such as peak buying periods, shifts in holder sentiment, and the emergence of buying and selling pressure can be identified. By leveraging this intelligence, investors and creators can refine their strategies to align with market demand and stay ahead of the ever-changing world of NFTs.

Source: Azuki NFTs - Daily Holders, Sellers and Buyers

Footprint Analytics latest data It shows that as of January 15, 2024, the number of Azuki NFT holders has stabilized at around 4,100. The current supply to holders ratio is 2.41.