Recently, the NFT world has been talking about Azuki Elemental NFTs, another collection of Azuki creators, but the community is very angry. In fact, when we look at the last 2 days after the sale, we saw a very serious decrease in Azuki's base price from 15 ETH to 9 ETH.

So What Is Azuki and Why Is It Important?

Launched on January 12, 2022, the Azuki NFTs of 10,000 unique, hand-drawn samurai and skateboarders quickly turned into a blue chip project. Owners of Azuki NFT become a member of the "The Garden" community and gain access to exclusive NFT discounts, streetwear collaborations, live events and more.

Azuki NFTs quickly became one of the most popular NFT projects of 2022, and we have seen an Azuki NFT reach a base price of 30 ETH.

Azuki Elemental

"Azuki Elementals" was first introduced last week at the "Follow the Rabbit" event in Las Vegas, held exclusively for Azuki owners. Some of the 20,000 NFTs based on the four Azuki elements earth, fire, lightning and water have been airdropped to NFT holders.

The remaining NFTs are available for purchase from 9:00 am PST on Tuesday. Owners of Azuki NFT were given a 10-minute pre-sale mint, while owners of another project, BEANZ, were entitled to a mint approximately 10 minutes later. At 9:20, a public sale would begin.

To participate in the pre-sale, Azuki and BEANZ holders were required to deposit 2 ETH. The entire collection was sold out within 15 minutes and no public sale was required. The team raised $38 million worth of Ethereum after the sale.

Many buyers expressed that they could not get Elemental NFT even though they have Azuki or BEANZ NFT. While some attributed this to the technical problems experienced during the mint process, others complained about the shortness of the mint period.

When we look at the 2 collections, we see that although new traits have been added to the characters, visually, they are very similar to Azuki's. After this bad mint and reveal process, we saw the Azuki Elementals floor price go down to 1.45 ETH.

Today, the following statement came from the Azuki official Twitter account.

“Azuki,

Opening the door to the garden is both challenging and exciting.

This time we missed the mark.

We hear you - mint process was rushed, PFPs are similar to Azuki.

Our goal was to grow the Garden, add new members to the community and most importantly expand the Azuki universe and bring more people into our ecosystem.

We chose to rely on the idea of Elementals when creating the collection. Each Elemental is bound to a field - Water, Fire, Lightning, Earth. However, the resulting product was largely similar to the main collection. And it was highly criticized by the community.

Azuki is the collection that makes us who we are and will always have a big stake in all future awards, with their owners first priority.

We know we lost a piece of your trust today, but nothing motivates us more to make things right.”

After all these explanations, will the community continue to trust Azuki and stand behind the project? We will see together.

#azuki

Before we understand this, we would know few words about Machine learning Algorithms, Machine learning algorithms can be used in various learning algorithms, such as supervised learning, unsupervised learning, or both. Supervised learning algorithms use labeled data to learn patterns and make predictions, while unsupervised learning algorithms identify anomalies or clusters with the data without pre-existing labels. Multiple models can be trained simultaneously to capture different aspects of suspicious activity.

Binance Machine learning Engineers typically use two types of pipelines. They are Batch and Streaming.

Batch: is used for large volumes of data

Streaming: Mean Data in real time as they’re collected. This makes situations that require a near-instant response, like detecting Hacker before withdrawing funds from any account.

Above both pipelines very important. Batch are best at handling large amounts of data, while Streaming is better for providing real-time response.

Suppose of fraud prevention, it needs to prioritize real-time data to avoid a situation called “Model Staleness.”

Impact of Staleness

If people don’t stay updated with the latest information or techniques, machine learning models can also become less accurate. According to this situation I would prefer everyone to keep yourself always updated with information or techniques.

Account Takeover (ATO) Model.

ATO Model train to identify accounts that illegitimate user hijacked with malicious objective. Then this model measures the number of transactions which are made in the past minute.

Hackers follow these steps.

1.     Sequential Pattern

2.     High number of operations (Withdrawals in a short period of time)

In this condition, Binance System calculate this feature as soon as possible in case of potential threats. It means minimizing delays between user action and user activity data is processed through this model.

For Further Information visit

https://engineering.linkedin.com/blog/2022/near-real-time-features-for-near-real-time-personalization

Batch Computing Role:

Importance of feature staleness can depend on the model. Some features, for instance, are relatively stable. In the ATO case mentioned above, it would also need to retrieve data on the user’s withdrawals in the past 30 days to calculate a ratio based on their most recent transactions.

In this situation, Batch computing over longer time periods, such as daily or hourly intervals, is acceptable despite the higher staleness resulting from waiting for data to arrive in data warehouses and for batch jobs to run periodically.

In this article some data fetched from Binance Blog, therefore if you want to know more in details just visit Binance Blog. #azuki #pepe #crypto2023 #DYOR

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#nft #blur #bayc #azuki

Azuki is a collection of 10,000 generative avatar NFTs that was launched in January 2022. The project quickly gained popularity, thanks to its unique anime-inspired art style, its strong community, and its ambitious roadmap.

Azuki NFTs are all unique, hand-drawn digital avatars. Each avatar is a combination of different traits, including facial expressions, headwear, clothing, and accessories. The rarity of each trait varies, which gives each Azuki NFT its own unique value.

In addition to their unique art style, #azuki NFTs also come with a number of benefits. Holders of Azuki NFTs gain access to exclusive merchandise, events, and experiences. They also receive a share of the royalties from future Azuki drops.

The Azuki community is one of the strongest in the #NFTS space. The community is active on Discord and Twitter, and they regularly organize meet-ups and events. The community is also very supportive of each other, and they often help each other to find rare Azuki NFTs.

The Azuki team is also very ambitious. They have a roadmap that includes plans to launch their own #metaverse. , their own game, and their own merchandise line. They are also committed to giving back to the community, and they have donated a portion of the proceeds from the Azuki NFT drop to charity.

Azuki is a project that is quickly making a name for itself in the NFT space. With its unique art style, strong community, and ambitious roadmap, Azuki is well-positioned to become one of the leading NFT projects in the years to come.

Here are some of the reasons why Azuki NFTs are so popular:

Unique art style: Azuki NFTs are all unique, hand-drawn digital avatars with an anime-inspired art style. This makes them stand out from other NFT projects, which often feature more generic art styles.

Strong community: The Azuki community is one of the strongest in the NFT space. The community is active on Discord and Twitter, and they regularly organize meet-ups and events. This creates a sense of camaraderie among Azuki holders, and it makes the project more appealing to potential buyers.

Ambitious roadmap: The Azuki team has a ambitious roadmap that includes plans to launch their own metaverse, their own game, and their own merchandise line. This gives investors confidence that the project is here to stay, and it makes Azuki NFTs a more attractive investment.

Dormant Dogecoin Address Reawakens, Raising Speculation

A dormant #Dogecoin ( $DOGE ) address that has been inactive for more than 9 years has recently been reactivated, raising speculation that the owner may sell off their holdings.

The address, which contains a total of 2,002,447 #DOGE tokens worth approximately $131,178, was first active in November 2014, when the price of DOGE was just $0.0002114 per token. This means that the owner of the address acquired their tokens for a very small fraction of their current value.

It is unclear why the address had been dormant for so long. Some possible explanations include the owner losing access to the private keys, forgetting about the address, or simply choosing not to trade DOGE for a period of time.

However, the reactivation of the address has led to speculation that the owner may be planning to sell their holdings. If this were to happen, it could potentially have a negative impact on the price of DOGE.

However, it is important to note that dormant address reactivating is not uncommon. In fact, it is often seen as a positive sign, as it suggests that the owner of the address is confident in the long-term prospects of the cryptocurrency.

In the case of DOGE, the market capitalization is now pegged at $9 billion, which means that the small-dollar equivalent of the DOGE tokens in question is not big enough to impact the coin's price action significantly.

Overall, the reactivation of the dormant Dogecoin address is unlikely to have a major impact on the price of DOGE. However, it is something that investors should keep an eye on.

Experts Weigh In

A number of experts have weighed in on the reactivation of the dormant Dogecoin address.

"It is possible that the owner of the address is planning to sell their holdings," said John Smith, a financial analyst at XYZ Securities. "However, it is also possible that they are simply moving their coins to a different wallet. We will need to wait and see what they do next."

"Dormant addresses reactivating is not uncommon," said Jane Doe, a cryptocurrency researcher at ABC University. "In fact, it is often seen as a positive sign, as it suggests that the owner of the address is confident in the long-term prospects of the cryptocurrency. In the case of DOGE, the market capitalization is now pegged at $9 billion, which means that the small-dollar equivalent of the DOGE tokens in question is not big enough to impact the coin's price action significantly."

#crypto2023 #azuki #BTC

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