Azuki Creator Follows Yuga Labs Footsteps

Azuki NFT collection has new plans to implement

Chiru Labs, creators of the Azuki NFT collection is about to raise $30 million in Series A fundraise.

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Azuki is a collection of 10,000 sideways anime characters drawn in different moods and decorated with accessories such as hats and weapons.

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This round comes just a week after Doodles for NFT project raised $54 million from venture capitalists.

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The creators of Azuki, Doodles and Moonbirds are following in the footsteps of Yuga Labs, creators of the Bored Ape Yacht Club.

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Yuga Labs raised $450 million in a round led by a16z in March, putting the startup valuation at $4 billion.

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About 6 months ago, a rare set was sold for 420 ETH which was over $1 million at the time.

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OpenSea data shows that the cheapest Azuki is worth 11.2 ETH (about $14,000).

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