Azuki NFT assortment has hit a brand new milestone after auctioning eight Golden Skateboard NFTs for record-breaking quantities. Whereas the bottom bid was 200 ETH (about $261,000 on the time), the best was a staggering 309 ETH (round $404,000). Whereas at present obtainable as digital skateboards, holders can quickly redeem them for bodily Golden Skateboards. With this, Azuki has set the report for a number of the costliest skateboard gross sales in historical past.
So, what are the Azuki Golden Skateboard NFTs? What makes them particular? Let’s dive proper in!
What are Azuki Golden Skateboard NFTs?
Earlier than we discover Azuki Golden Skateboard NFTs intimately, you must know in regards to the venture’s latest providing: Bodily Backed Token (PBT). In essence, that is an open-source token commonplace that hyperlinks the possession of bodily belongings to their digital variations on Ethereum.
In comparison with typical phygital choices, the important thing distinction right here is that the previous often separates the bodily and digital objects after minting. With PBT, customers can personal bodily belongings to unlock digital advantages and experiences.
Now, the limited-edition 24K Golden Skateboard NFTs are Azuki’s first PBT implementation. Whereas there are 9 skateboards in all, solely eight have been up for auction on October 21. Notably, every skateboard is “custom-designed, precision-milled, and totally coated in 24K gold. Every board is totally purposeful and depicts an exquisitely detailed golden dragon – together with one among 9 distinctive emblems from the Azuki universe.”
What are the utilities of Azuki Golden Skateboard NFTs?
Aside from the apparent—the beautiful design and gold masking—the Azuki Golden Skateboard NFTs provide holder a number of advantages. Firstly, Azuki has embedded every skateboard with a PBT-based BEAN Chip, a cryptographic chip that connects the bodily merchandise to its digital token.
Secondly, all holders will obtain an unique Dragon banner show of their collector’s profile. Azuki will even add a Dragon emblem to their profile. As well as, the holders will turn out to be a everlasting a part of the Azuki mythology as they are going to be enshrined within the Ruins world drop.
Lastly, beginning subsequent month, the public sale winners can redeem and burn their NFT to obtain the bodily skateboards. Notably, there isn’t a time restrict to redeem the bodily skateboard. If and when somebody redeems it, a advantageous artwork handler will ship it.
Public sale breaks data
“The Golden Skateboard is a marvel of artwork & know-how showcasing our first implementation of PBT, which paves the best way for a brand new period of storytelling,” Azuki tweeted yesterday. “We broke the report for the most costly skateboard ever bought (in truth, the 8 costliest skateboards ever bought).”
“darklady” received the Frog emblem Golden Skateboard for 200 ETH—the bottom bid among the many eight. Then again, “dingaling” took residence the coveted Dragon emblem Golden Skateboard for 309 ETH. The remaining NFTs fetched between 202 ETH and 303 ETH.
In skateboard historical past, a number of the priciest gross sales embody Jamie Thomas’ and Bob Dylan’s skateboard, which fetched $38,425. Equally, “Beatles’ Blackbird Board”, that includes handwritten lyrics and Paul McCartney’s signature received an public sale for $27,116. Azuki broke these data with its Golden Skateboard NFTs, placing it on this week’s high OpenSea collections.