BEANZ NFT Collection: An Essential Guide

JAN 2024, stella@footprint.network

Data Source: BEANZ NFT Collection Dashboard

BEANZ NFTs emerged as a delightful surprise for Azuki NFT holders on March 31st, 2022, serving as charming digital sidekicks to their Azuki partners. Will this NFT project rise in 2024?

About BEANZ

The BEANZ NFT Collection sprang up unexpectedly as an airdrop to Azuki NFT holders on March 31st, 2022, introducing a whimsical addition to the Azuki universe. These diminutive characters, emerging from the soil of the digital garden, are designed to be the perfect companions to Azuki characters, though a few of them prefer to stand alone. BEANZ are characterized by their helpful nature and imbued with an intrinsic motivation to assist. Nonetheless, there’s a streak of independence among them, with some BEANZ feeling an innate pull towards forging their unique destinies.

BEANZ NFT Collection

Who is behind BEANZ

Chiru Labs, the creative force behind Azuki and BEANZ, is a Web3 studio that stands at the forefront of immersive storytelling, seamlessly integrating art, technology, and community engagement. The Los Angeles-based collective of artists and developers, including the likes of 2pm.flow, location tba, HoshiBoy, and spearheaded by former big tech entrepreneur Zagabond, has a rich background in crypto, technology, and gaming. Their vision with Azuki extends beyond the typical profile picture (PFP) project, aiming to unfold an expansive brand narrative across multiple sectors, thereby redefining the boundaries between our physical reality and the digital realm.

BEANZ NFT Collection Data

In the dynamic world of Web3, understanding non-fungible tokens NFTs can be like exploring a large, unknown sea. Data analytics is the tool that helps everyone involved — collectors, investors, and creators — find their way. It does this by looking closely at transaction records, ownership details, price movements, and how people interact with NFTs. This information helps people make smart choices, avoid risks, and spot new chances in the NFT market.

Having this kind of guide is crucial for staying on track in the ever-changing NFT landscape. It helps with making choices that keep up with the market, making sure no one is lost in the vast amount of NFT data.

  • NFT Market Trend

The NFT market is a dynamic ecosystem, and data metrics serve as a barometer for its changing conditions. Key indicators such as market capitalization, trading volumes, floor prices, and active engagement across marketplaces provide a vivid picture of the sector’s health and growth potential.

Investors who tap into these market trends can anticipate the direction of the tides, manage investment risk and uncover hidden treasures of opportunity. The importance of this data is huge — it’s the foundation of smart investment plans and a defense against the ups and downs of the NFT market.

Source: BEANZ NFTs — Market Cap, Volume and Floor Price

Footprint Analytics’ NFT data reveals that over the last 90 days, BEANZ has seen a significant rise in its floor price and overall market cap.

  • User Behavior

In the realm of NFTs, user behavior data such as total sales, total buyers and sellers, unique holders, and daily transactions provide a granular view of individual and collective actions. Metrics such as daily sales, volume, and the fluctuating numbers of holders, sellers, and buyers offer real-time insight into the pulse of the market.

Analyzing this user behavior data equips stakeholders with a deeper understanding of market sentiment and participant activity. Trends such as peak buying times, shifts in holder sentiment, and the emergence of buying or selling pressures can be identified. By leveraging this intelligence, investors and creators can refine their strategies, align them with the market demands and position themselves for success in the ever-changing NFT world.

Source: BEANZ NFTs — Daily Holders, Sellers and Buyers

According to the latest NFT data from Footprint Analytics as of January 17, 2024, the number of BEANZ NFT collection holders has stabilized at approximately 7,700. The current ratio of supply to holders is 2.59.

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Footprint Analytics is a blockchain data solutions provider. It leverages cutting-edge AI technology to help analysts, builders, and investors turn blockchain data and combine Web2 data into insights with accessible visualization tools and a powerful multi-chain API across 30+ chains for NFTs, GameFi, and DeFi.

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