Talking about recently hyped up mints 🙃

GM Baos,

A couple of projects have been cooking the past couple of days. Let’s dive deeper into each of them, starting with Azuki, Bodoggos, and Nodeless 😉

Azuki

The Azuki Ecosystem recently wrapped up its launch of 20k NFTs, known as Azuki Elemental Beans. These unique tokens were released through a Dutch auction system, open to both Beanz and Azuki holders.

However, many people voiced complaints about the system during the minting process, as it did not live up to the smooth experience they expected from Azuki. One common issue was the website's slow loading time, causing frustration and missed opportunities.

Nevertheless, the pre-sale sold out in just 15 minutes, providing the ecosystem with approximately 20k ETH to work with. Only 10k Elemental Beans were sold, as the remaining half was airdropped to Azuki holders.

Unfortunately, post-mint actions did not yield the expected results:

1. There were complaints about Elementals resembling the original Azuki collection too closely.

2. There were multiple duplicates or identical copies from the original collection (although the Azuki devs have assured us that these will be addressed due to a hiccup on their end).

3. The entire ecosystem experiencd a significant drop of at least 40%. At the time of writing, Azuki is down 44% from a week ago, and Beanz is down 53% from a week ago.

One interesting point to note is the recent deployment of a new contract called GreenBean, which is specifically coded to reference the Azuki main contract. Is this a contract migration?

We'll have to wait and see where the garden takes us! ⛩️

BoDoggos

Now, let's turn our attention to a hyped mint that took place simultaneously with Azuki, but on a different blockchain, introducing Bodoggos!

Bodoggos is a collection spearheaded by EasyEatsbodega and supported by the Nifty Portal world. It is on the SOL blockchain and has caught the attention of the community, currently trading at more than double the initial market price.

The minting process went relatively smoothly, leaving many participants satisfied. Let's just place it out there that the mint price was set at $80, with a limited supply of 8888, and the collection practically sold out once FCFS WL came about.

However, there was an interesting twist related to the owner of Rug Radio, Farokh, that caused some FUD 😅

Rumors began circulating that Farokh had minted over 20 Bodoggos, including two rare 1-of-1 editions. This raised eyebrows and led to speculation about the possibility of something prearranged.

But as we all know, luck plays a significant role when it comes to minting and revealing any NFT. What are your thoughts on this situation?

Nodeless

Imagine being able to accept Bitcoin payments without the hassle of going through the KYC process. Let's dive into the exciting world of Nodeless and discuss how it revolutionizes crypto acceptance!

Nodeless is an innovative tool designed to help merchants and companies effortlessly embrace crypto payments, specifically Bitcoin, and the best part is that it can easily be integrated into any website!

This is a huge step in making bitcoin more accessible and practical in Web2! By providing a user-friendly "medium of exchange" that businesses and merchants can easily use, there are fewer reasons for them to turn down crypto now.

For users interested in Nodeless, here are a few key points to keep in mind…

1. It's non-KYC, meaning you won't need to disclose all your personal information to use the application or engage in transactions.

2. Unlike other solutions, you won't require your own lightning node since Nodeless operates its own node to facilitate payments. Hence the name "nodeless."

3. This system is already up and running in Canada, where transactions under $1k don't require KYC.

So, if Canada can implement this with certain restrictions, why can't it be applied to other regions as well? 🤔

Bao-sized news

• KuCoin announces KYC will be mandatory from July 15th

• Mastercard introduces the Mastercard Multi-Token Network

• Polygon and WMG partner for a Web3 Music Accelerator 

Make us Kek

Oops, that’s all we have in the steamer for today! Here’s your resident dumpling chef signing off 🫡

–Bluejohn