Azuki 'Elementals' NFT Mint Sells Out in 15 Minutes, Raking in $38M

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Azuki 'Elementals' NFT Mint Sells Out in 15 Minutes, Raking in $38M
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.Azuki's latest NFT collection “Elementals” sold out in 15 minutes, bringing in $38 million from the presale mint. camgthompson reports

last week at a holders-only event held in Las Vegas titled “Follow the Rabbit.” A portion of the 20,000 NFTs, which are based on the four Azuki elements of earth, fire, lightning and water, were airdropped to holders.

To participate in the presale, Azuki and BEANZ holders were required to put down a deposit of 2 ETH. The entire collection sold out within 15 minutes, eliminating the need for a public sale., the wallet address that holds the Elementals mint funds amassed 20,000 ETH, worth just over $38 million at the time of writing.

Chris Lepensky, data lead at DAO operations firm Utopia Labs, claimed that many Azuki holders were unable to mint due to “website errors and contract issues,” calling the experience “a major L.”

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