{"id":431934,"date":"2023-08-22T11:10:46","date_gmt":"2023-08-22T11:10:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=431934"},"modified":"2023-08-22T11:10:46","modified_gmt":"2023-08-22T11:10:46","slug":"azuki-brings-back-hope-in-nfts-after-launching-a-new-nft-collection","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/azuki-brings-back-hope-in-nfts-after-launching-a-new-nft-collection","title":{"rendered":"Azuki Brings Back Hope In NFTs After Launching A New NFT Collection"},"content":{"rendered":"<p>Chiru Labs, the digital asset firm and the team behind the popular Azuki non-fungible token project, has partnered with two-time Super Bowl Champion, Patrick Mahomes, to launch a new NFT collection. The new NFT collection has brought back some hope in the NFT market.<\/p>\n<h2>NFL Star Patrick Mahomes &amp; Azuki Drop An NFT Collection<\/h2>\n<p>In an August 21 blog post, Azuki confirmed teaming up with Patrick Mahomes to launch a new digital collectible collection. These one-of-one NFT trading cards will be raffled off by an Azuki community member to the Azuki community during a live stream later this month.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/MuseumofMahomes?ref_src=twsrc%5Etfw\">@MuseumOfMahomes<\/a> equip is now available for Azuki holders on <a href=\"https:\/\/t.co\/ZcGVtcpe7V\">https:\/\/t.co\/ZcGVtcpe7V<\/a> <a href=\"https:\/\/t.co\/BJxQ8IU5pA\">pic.twitter.com\/BJxQ8IU5pA<\/a><\/p>\n<p>&mdash; Azuki (@Azuki) <a href=\"https:\/\/twitter.com\/Azuki\/status\/1693678066445541654?ref_src=twsrc%5Etfw\">August 21, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The two-time NFL Superbowl Champion &lsquo;Patrick Mahomes,&rsquo; through his Museum of Mahomes, an innovative digital collectibles platform, anticipates leveraging the new blockchain technology to help redefine how fans collect sports cards and memorabilia.<\/p>\n<p>It&rsquo;s not the first time Patrick Mahomes is launching an NFT collection. In March 2021, the NFL champion sold 500 NFTs, generating $3.7 million in revenue. The open-edition digital collectible collection reflected significant moments in Patrick Mahomes&rsquo;s sports life. The NFT collection sold out in a record time of just 20 minutes.<\/p>\n<h2>Blue-chip Azuki Brings Back Hope In NFTs<\/h2>\n<p>Blue-chip Azuki and Patrick Mahomes&rsquo; collaboration marks an innovative and bullish move in the world of digital sports collectibles. The integration will offer the Azuki community access to exclusive memorabilia showcasing Patrick Mahomes&rsquo; early achievements.<\/p>\n<p>Moreover, the integration also brings back hope in the NFT market. The announcement appears amid a market downturn, which has left many non-fungible token collections in massive losses. The NFT market slump began sometime in June and has left most floor prices shielding 70% of their value.<\/p>\n<p>Earlier in July, the Azuki creator launched its Azuki Elementals, an NFT collection featuring a limited edition of 20,000 anime NFTs hosted on the Ethereum network. The most hyped Azuki&rsquo;s Elementals was supposed to bring a boom in the NFT market and instead was a bust, as many NFTs looked alike with Original Azukis.<\/p>\n<p>https:\/\/twitter.com\/_0xtc\/status\/1675715169845145600?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1675715169845145600%7Ctwgr%5Ecb171bded760722df02dd0cc1dc6fbf6e211f928%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fforkast.news%2Fazuki-nft-markets-historic-lows%2F<\/p>\n<p>Last week, the NFT market suffered another crash after OpenSea, the second-largest market platform, disabled creator royalty enforcement on its platform. The bearish move <a href=\"https:\/\/insidebitcoins.com\/news\/yuga-labs-to-delist-its-nfts-on-opensea-heres-what-you-need-to-know\">attracted the attention of the Bored Ape Yacht Club creator Yuga Labs and Billionaire Mark Cuban.<\/a><\/p>\n<p>In what seemed a market tussle, the Bored Ape Yacht Club and Mutant Ape Yacht Club creator threatened to delist all its NFTs on the OpenSea platform. OpenSea and Yuga Labs&rsquo; royalty battle became a catalyst that drove the majority of NFT collections down to all-time lows. Azuki has brought back hope in the NFT market after launching a new NFT collection amid the market down.<\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-431947\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/NFT-Sales-24Hrs-300x87.png\" alt=\"NFT Sales 24Hrs\" width=\"838\" height=\"243\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/NFT-Sales-24Hrs-300x87.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/NFT-Sales-24Hrs-1024x296.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/NFT-Sales-24Hrs-768x222.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/NFT-Sales-24Hrs.png 1185w\" sizes=\"(max-width: 838px) 100vw, 838px\"><\/p>\n<p>Source: <a href=\"https:\/\/www.cryptoslam.io\/\">CryptoSlam.io<\/a>, NFT sales In the past 24 hours<\/p>\n<h3>Related NFT News:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/fast-food-giant-mcdonalds-set-to-launch-new-nfts-this-week\">Fast Food Giant McDonald&rsquo;s Set To Launch New NFTs This Week<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/the-nft-market-health-this-week-nft-sales-fall-3-in-the-past-7-days\">The NFT Market Health This Week &ndash; NFT Sales Fall 3% In The Past 7 Days<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/nft-floor-prices-are-crashing-again-heres-what-fueling-the-downtrend\">NFT Floor Prices Are Crashing Again &ndash; Here&rsquo;s What Fueling The Downtrend<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n       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