Azuki’s Second Rarest NFT Sells for $1.4M, Joins Class of Most Expensive NFTs

Fast take:

• A uncommon Azuki NFT offered for 420.7 ETH, roughly $1.4 million.
• The Azuki #9605 now joins a few of BAYC and Cryptopnks within the checklist of the costliest NFTs ever offered.
• It’s the second-rarest character within the Azuki assortment and was offered by RedBeanDAO member “trevault” to “jdizzles”.

The Azuki NFT assortment continues to realize recognition after its second-rarest NFT, Azuki #9605 offered for 420.7 ETH, roughly $1.4 million. By becoming a member of the million-plus greenback membership, it joins an unique class of Bored Ape Yacht Membership (BAYC) and Cryptopunks NFTs, which crossed the edge. 

Based on the transaction historical past on OpenSea, the NFT was purchased by a dealer known as “jdizzles” from “trevault”, who’s a member of the RedBeanDAO.

The Azuki assortment was launched in January by LA-based startup Chiru Labs by a triple-phased blind public sale, earlier than revealing the characters weeks later.

The gathering options 10,000 NFTs, which grant house owners entry to a spot known as The Backyard. 

The startup describes The Backyard as “a nook of the web the place artwork, group and tradition fuse to create magic.”

Based on the information supplied by NFT statistics platform Cryptoslam, Azuki climbed to second place in transaction quantity during the last 24 hours, reaching $8.26 million. Cumulatively, it’s ranked ninth within the all-time gross sales quantity with $463 million.

Azuki has already been adopted by varied initiatives within the metaverse, making it one of many first Web3 anime creations to go mainstream. The gathering relies on fashionable Japanese characters and options artists from Silicon Valley.

Its management consists of former Fb and Google executives, whereas Activision Blizzard’s artwork director can be on the board.

The Azuki #9605 derives its rarity from a lot of options, together with a starry night time background and a gray face. The client of this NFT can be fashionable for paying a file $580,000 for “Invisible Buddies” NFT quantity #1125 earlier this month.

Up to now, Azuki’s costliest NFTs have offered at a value ranging between $353,000 and $1.4 million.

That is nonetheless under the BAYC’s vary, which boasts the highest-ever sale at $2.9 million and even additional under Cryptopunks, whose highest sale went for $23.7 million, with a handful of different gross sales going for eight-digit greenback figures.