Azuki Auctions Golden Skateboard NFT For 309 ETH

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 the moment accessible as digital skateboards, holders can quickly redeem them for bodily Golden Skateboards. With this, Azuki has set the file for among the most costly skateboard gross sales in historical past.

So, what are the Azuki Golden Skateboard NFTs? What makes them particular? Let’s dive proper in!

Azuki Golden Skateboard NFT held by anime character
Azuki broke the file for the eight most costly skateboards ever bought! Credit score: Azuki

What are Azuki Golden Skateboard NFTs?

Earlier than we discover Azuki Golden Skateboard NFTs intimately, it is best to know in regards to the venture’s latest providing: Physical 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 normally 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 in every of 9 distinctive emblems from the Azuki universe.” 

What are the utilities of Azuki Golden Skateboard NFTs?

Other than the apparent—the beautiful design and gold overlaying—the Azuki Golden Skateboard NFTs supply 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 can even add a Dragon emblem to their profile. As well as, the holders will grow 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 any time restrict to redeem the bodily skateboard. If and when somebody redeems it, a superb artwork handler will rigorously ship the valuable merchandise.

Azuki Golden Skateboard NFT
The golden skateboard options beautiful designs. Credit score: Azuki

Public sale breaks information

“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 file for the most costly skateboard ever bought (in truth, the 8 most costly skateboards ever bought).”

“darklady” gained the Frog emblem Golden Skateboard for 200 ETH—the bottom bid among the many eight. Alternatively, “dingaling” took dwelling the coveted Dragon emblem Golden Skateboard for 309 ETH. The remaining NFTs fetched between 202 ETH and 303 ETH.

In skateboard historical past, among the priciest gross sales embrace Jamie Thomas’ and Bob Dylan’s skateboard, which fetched $38,425. Equally, “Beatles’ Blackbird Board”, that includes handwritten lyrics and Paul McCartney’s signature gained an public sale for $27,116. Azuki broke these information with its Golden Skateboard NFTs, placing it on this week’s high OpenSea collections. 


All funding/monetary opinions expressed by will not be suggestions.

This text is academic materials.

As all the time, make your individual analysis prior to creating any type of funding.

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