Crypto:
32778
Bitcoin:
$101.340
% 0.04
BTC Dominance:
%55.2
% 0.30
Market Cap:
$3.64 T
% 1.06
Fear & Greed:
76 / 100
Bitcoin:
$ 101.340
BTC Dominance:
% 55.2
Market Cap:
$3.64 T

What is Beanz NFT, How Does it Work?

Beanz Nft

Beanz is a cute and characteristic NFT (Non-Fungible Token) collection released by the creators of the Azuki NFT project. These small, bean-shaped characters consist of 19,944 digital art pieces, each with unique features.

The Birth Phase of Beanz

Azuki held the “Azuki Garden Party” event on March 30, 2022. The most exciting part of the event was when the founder Zagabond said, “Check Your Wallet.” The team first did a mysterious box airdrop to all Azuki holders. Inside the box was the Beanz NFT. This surprise created quite a stir within the community and quickly increased Beanz’s popularity.

The Team Behind the Project

The Beanz NFT collection was created by Chiru Labs, the same team behind the Azuki project. This Los Angeles-based team consists of talented artists and developers from the crypto, technology, and gaming industries.

Chiru Labs’ founding team consists of four individuals known by pseudonyms:

  • Zagabond – Founder
  • Hoshiboy – Co-Founder
  • 2PMFlow – Co-Founder
  • Location tba – Co-Founder

This team, with their experience in blockchain technology and digital art, has transformed Beanz from just an NFT collection into a dynamic digital asset.

However, the project’s history is not entirely smooth. In May 2022, it was revealed that Azuki’s founder Zagabond was behind the previously failed projects Tendies, CryptoZunks, and CryptoPhunks. Although this initially caused a reaction within the community, the outcome was unexpectedly positive. While the controversy and criticisms led to a short-term drop in the floor price, it created an opportunity for new investors. As a result, the Azuki community grew by 1200% during this process.

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How to Buy?

You can purchase listed Beanz NFTs by visiting NFT marketplaces like OpenSea, Blur, or Magic Eden. You will need a crypto wallet and a sufficient amount of Ethereum for the purchase.

The Future of Beanz

The Beanz collection has become an important part of the Azuki ecosystem. In the future, these cute characters are expected to gain more functionality and be used in different projects. The team aims to continuously develop Beanz and increase community engagement.

The Beanz NFT Collection stands out not only for its cute appearance but also for its potential and community-focused approach. Beanz, which has carved out a unique place for itself in the NFT world, is an intriguing example at the intersection of digital art and blockchain technology. Beanz emerges as a project worth exploring for both collectors and digital asset enthusiasts.

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