Azuki, an anime-inspired NFT (Non-Fungible Token) brand, has faced some criticism recently and has faced a drop in market price as a result. They recently launched a new collection called “Azuki Elementals” which has received a lot of attention and raised $38 million worth of ether in just 15 minutes. However, this new series caused criticism and condemnation from the market because it was too similar to the original Azuki series, which caused the market price of Azuki to drop by more than 50%, from 15 ETH to the current 6.3 ETH, and the market price of Elementals fell by 55 %, but the price difference between Azuki and Azuki Elements is still 5 ETH.
Originally Azuki had acquired the English rights to Yoshino Koyoka's anime adaptation Mecha-Ude: Mechanical Arms. This is a very popular sci-fi action anime. The manga will be released worldwide, with the exception of certain Asian territories, and the first two chapters will be released on July 2, 2023, with new chapters to be released every week thereafter. The story revolves around the connection between Hikaru and the mysterious Mecha-Ude Alma as they face threats from dark organizations and assassins. They must uncover Alma's origins and protect him from a hunting group.
At Anime Expo 2023, Azuki and Pony Canyon will showcase Mecha-Ude, including events including merchandise giveaways, premieres, panels and autograph sessions. Mecha-Ude: Mechanical Arms is an anime project created by Okamoto and TriF Studios that originally began as a standalone pilot in 2019. A new anime series was announced in September 2022, directed by Okamoto and produced by TriF.
In this Azuki Elements incident, Azuki expressed awareness of the problem and promised to reform it and rebuild public trust in them.
Azuki Floor Price: 6.79 ETH
Azuki Floor Price: 0.989 ETH
The transaction price of Azuki keeps falling within 7 days
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