AZUKI - NFT Report by Strive

Core Team and Advisors:

The co-founders of the Azuki project are Zagabond and Hoshiboy. They are part of a squad that includes a total of 12 individuals. Although none of the team members' real names are known to the public, several well-known figures in the web3 community follow them on Twitter.

The Azuki project was given up to $54 million in investment by Doodles at the beginning of September 2022, and a week later it finished a $30 million series A funding round. The project's valuation has increased to $400 million as a result of these funding's. After the Azuki project received funding, Chiru Labs, the business behind the NFT collection, had a boost in the valuation of up to $1.4 billion.?

NFT Project and Utility:

The Azuki initiative seeks to obfuscate the distinction between the physical and digital worlds, which are already blending. Its goal is to establish the biggest community-owned and decentralised brand in the metaverse. The project's usefulness will include a neighbourhood with a range of artists, builders, and creatives who can use their abilities in the neighbourhood environment to produce products.

Stage 3 of the project will also see the creation of the Metaverse, while Stage 4 will see the introduction of tangible goods for the actual world. In stage 4, the project will close the connection between the physical and digital worlds, offering a platform for the development of novel media and the testing of interactive experiences, meta-games, and novel ways to develop intellectual property. This will let users take control of the character

Community and Social Media:

The community that surrounds the Azuki project is excellent; it keeps up with project information and actively participates in all project work and virtual events.

On Instagram, The Azuki project has 81.9k followers.

On Twitter, The Azuki project has 311.8k followers.

On Discord, The Azuki project has 91,911 members.

Additionally, the project's founder has a sizable 77.4k Twitter following. The project has a strong presence across all social media channels and is closely connected to other projects as well. All platforms are utilised and well run.?

Technology:

The Solana Blockchain, which is already based on POS (proof of stake) and is a direct rival of the Ethereum blockchain, is where the NFTs of Project Azuki are developed. Most NFT projects now choose the Solona blockchain because of its low gas costs and quick transactions. To enable decentralisation and append decentralised money, Solana Blockchain was created. Project Azuki's metaverse is powered by unspecified technology

Current Project Status:

Potential Future and Growth Expectations:

The Azuki project is supported by significant investors and has a top-notch crew that is completely qualified to work on the project's upcoming phases. If all goes as planned, the project should increase by 20–30 times or even more. This initiative appears to be highly promising, and as more creative people join the group, amazing things might be anticipated.

Summary:

The Azuki project is just getting started, and it has money in place to support it. The project's NFts are already sold out, and its social media following appears to be very robust with solid participation and relevant project updates. The project's community is always growing, and as a result, more creative people will join it. The project should produce some fantastic results. The project has the potential to rank among the best in the NFT and Metaverse sectors.