Chiru Labs, the web3 startup behind the successful NFT project Azuki, is preparing to launch a new collection called Azuki Elementals. The collection will consist of 20,000 NFTs and will be a follow-up to the original Azuki collection. The sale for Azuki Elementals will begin on June 27, and current owners of Azuki NFTs will receive an airdropped token for one of the Elementals. The remaining Elementals will then be available for purchase through a Dutch auction. However, despite Azuki’s success, the floor price of its NFTs has recently decreased. Nonetheless, there are signs of a resurgence in NFT sales, fueled by a $7 million Ordinal deal during the current bull run in the crypto market.
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