The Azuki Team Addresses Community Concerns and Plans for the Future
The team behind the popular NFT project Azuki has responded to community concerns regarding the recent Elementals drop. They acknowledged that their intention was to deliver both a product and an experience, but they missed the mark. The team also admitted that they made mistakes with the mint mechanics and the live reveal of the artwork. To prevent similar issues in the future, they will allow community members to vote on new moves and have a say in the background of the artwork.
Key Points:
– The Elementals mint sold out in just 15 minutes, bringing in $37.5 million for Azuki. However, the community raised concerns that it failed to attract new members and that the art style was too similar to the original collection.
– Long-term holders sold off their Azuki NFTs after the mint, resulting in a significant increase in sell-offs.
– The Azuki team is working on an animated series that they will self-fund and release as shorts. They believe that decentralized IP/Web3 tech can disrupt the anime industry.
– They also have a second project in the works that will tokenize Azuki culture, but no further details have been revealed.
Hot Take:
The Azuki team’s response to community concerns shows their commitment to listening and making improvements. Their plans for an animated series and a project to tokenize Azuki culture demonstrate their ambition to innovate in the NFT space. It will be interesting to see how these developments unfold and if they can regain the trust of their community.
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