Footprint Analytics

Posted on Feb 17, 2024Read on Mirror.xyz

Azuki NFT Collection: An Essential Guide

Footprint Analytics

JAN 2024, [email protected]

Data Source: Azuki NFT Collection Dashboard

Azuki NFTs blend anime art with utility, fostering a vibrant Web3 community. Will this NFT project rise in 2024?

About Azuki

Azuki NFTs, launched in January 2022, quickly became a cornerstone of the NFT collection space, boasting a vibrant community in The Garden, a Web3 hub for collaboration and exclusive benefits. The Azuki project, with its 10,000 anime-style digital collectibles, achieved a groundbreaking debut, securing over $29 million and captivating the NFT market with its unique blend of art and utility.

Beyond their visual allure, Azuki avatars offer their holders a spectrum of utilities and perks, from access to special drops to entry into Azuki’s own gamified Metaverse, Hilumia. These anime-inspired digital collectibles have not only attracted a fervent following from the anime community but have also played a pivotal role in transitioning users from Web2 to Web3, enhancing the value and utility of NFTs within the blockchain ecosystem.

Azuki NFT Collection

Who is behind Azuki

Chiru Labs, the creative force behind Azuki, is a Web3 studio that stands at the forefront of immersive storytelling, seamlessly integrating art, technology, and community engagement. The Los Angeles-based collective of artists and developers, including the likes of 2pm.flow, location tba, HoshiBoy, and spearheaded by former big tech entrepreneur Zagabond, has a rich background in crypto, technology, and gaming. Their vision with Azuki extends beyond the typical profile picture (PFP) project, aiming to unfold an expansive brand narrative across multiple sectors, thereby redefining the boundaries between our physical reality and the digital realm.

Chiru Labs faced a trust crisis when co-founder Zagabond’s past unfinished NFT projects came to light, raising fears of Azuki being a rug pull. Despite this, the team’s expertise and dedication have propelled the brand past these doubts, proving Azuki’s lasting impact in the NFT market.

Azuki NFT Collection Data

In the dynamic world of Web3, understanding non-fungible tokens NFTs can be like exploring a large, unknown sea. Data analytics is the tool that helps everyone involved — collectors, investors, and creators — find their way. It does this by looking closely at transaction records, ownership details, price movements, and how people interact with NFTs. This information helps people make smart choices, avoid risks, and spot new chances in the NFT market.

Having this kind of guide is crucial for staying on track in the ever-changing NFT landscape. It helps with making choices that keep up with the market, making sure no one is lost in the vast amount of NFT data.

  • NFT Market Trend

The NFT market is a dynamic ecosystem, and data metrics serve as a barometer for its changing conditions. Key indicators such as market capitalization, trading volumes, floor prices, and active engagement across marketplaces provide a vivid picture of the sector’s health and growth potential.

Investors who tap into these market trends can anticipate the direction of the tides, manage investment risk and uncover hidden treasures of opportunity. The importance of this data is huge — it’s the foundation of smart investment plans and a defense against the ups and downs of the NFT market.

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

Footprint Analytics’ NFT data reveals that over the last 180 days, Azuki has seen a significant rise in its floor price and overall market capitalization.

  • User Behavior

In the realm of NFTs, user behavior data such as total sales, total buyers and sellers, unique holders, and daily transactions provide a granular view of individual and collective actions. Metrics such as daily sales, volume, and the fluctuating numbers of holders, sellers, and buyers offer real-time insight into the pulse of the market.

Analyzing this user behavior data equips stakeholders with a deeper understanding of market sentiment and participant activity. Trends such as peak buying times, shifts in holder sentiment, and the emergence of buying or selling pressures can be identified. By leveraging this intelligence, investors and creators can refine their strategies, align them with the market demands and position themselves for success in the ever-changing NFT world.

Source: Azuki NFTs — Daily Holders, Sellers and Buyers

According to the latest NFT data from Footprint Analytics as of January 15, 2024, the number of Azuki NFT collection holders has stabilized at approximately 4,100. The current ratio of supply to holders is 2.41.

Leverage Footprint Analytics for NFT Data

Footprint Analytics offers a comprehensive suite of blockchain analytics, empowering analysts, developers, and investors to transform raw blockchain data into actionable insights. The key features include neatly structured tables for organized data presentation, a no-code platform enabling seamless NFT analytics, and the provision of in-depth data for a thorough comprehension of pertinent metrics and insights.

Our coverage includes prominent blockchains such as Ethereum, Polygon, BNB Chain, Cronos, Optimism, and Sui, as well as leading marketplaces such as OpenSea, LooksRare, and Blur, among others.

Dive into our NFT Research page to discover the depth of the data we offer. If you’re navigating uncharted territories and require data from a blockchain yet to be in our repertoire, we invite you to set sail with us. Schedule a meeting with our team to discuss adding new chains or forging custom insights for your unique NFT collection.

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Footprint Analytics* is a blockchain data solutions provider. It leverages cutting-edge AI technology to help analysts, builders, and investors turn blockchain data and combine Web2 data into insights with accessible visualization tools and a powerful multi-chain API across 30+ chains for NFTs, GameFi, and DeFi.*

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