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NFT Update: Elementals drop raises $38m but criticised by community; Curated adds another Chromie Squiggle; plus Market Data

1 min read  ·  28 Jun 2023

Azuki 'Elementals' artwork.

Azuki 'Elementals' artwork.

News

  1. Azuki’s ‘Elementals’ NFT drop raised 20,000 ETH, worth around $38m, after it minted out in 15 minutes yesterday.
  2. Azuki came under criticism for its ‘Elementals’ artwork being “basically identical” to the original collection. Following the reveal, the floor price of Azuki’s dropped over 40%.
  3. NFT investment fund Curated has added Chromie Squiggle #973 to its collection.
  4. Warner Music Group has partnered with Polygon to launch a blockchain music accelerator.
  5. Crypto infrastructure firm Startale Labs has received a $3.5m investment from Sony Network.
  6. Web3 infrastructure firm Crossmint is launching a new NFT wallet-as-a-service.

Data

  1. The Top 3 NFT Sales over the past 24 hours were CryptoPunk #8302 for 52 ETH ($98k), CryptoPunk #4741 for 48 ETH ($92k), and CryptoPunk #5540 for 46 ETH ($87k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Azuki with $24m (+165%), Azuki Elemental Beans with $17.6m (-%), and Azuki Elementals with $14.2m (-%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $64.4m (+182%), OpenSea with $15.5m (+182%), and X2Y2 with $877k (+26%).