ANIME: A Japanese Cartoon-Themed Token by Azuki
Introduction
Azuki, a non-fungible token (NFT) project, has announced the release of ANIME, a Japanese cartoon-themed token described on its website as a “culture coin.”
Token Details
The token will be distributed with a heavy focus on community, with 50.5% of the total supply being allocated to the community, 37.5% of which will be fully unlocked at launch, and an additional 13% “will be managed by ANIME holders through the future AnimeDAO to fund community incentives and initiatives.”
The company’s team and advisors will receive 15.6% of the supply, bound by a three-year vesting schedule.
Market Reaction
The price of the Azuki NFTs rose by 9.1% following the announcement, with the cheapest NFT selling for 13.77 ETH ($42,000), according to CoinGecko.
Background
Azuki’s mission remains the same: to build the open anime universe. The company acquired Anime.com, which will soon launch alongside Animecoin as the home for global anime fandom.
Comparison to Pudgy Penguins
The move to release a native token follows Pudgy Penguins, which issued PENGU in December, which now has a market cap of $1.87 billion.
Conclusion
ANIME, a Japanese cartoon-themed token, is a significant development in the NFT space. With a focus on community and a strong team behind it, ANIME has the potential to make a significant impact in the anime fandom and beyond.
FAQs
- What is ANIME? ANIME is a Japanese cartoon-themed token described as a “culture coin” by Azuki.
- What is the distribution of the token? The token will be distributed with a heavy focus on community, with 50.5% of the total supply being allocated to the community, 37.5% of which will be fully unlocked at launch, and an additional 13% “will be managed by ANIME holders through the future AnimeDAO to fund community incentives and initiatives.”
- What is the vesting schedule for the company’s team and advisors? The company’s team and advisors will receive 15.6% of the supply, bound by a three-year vesting schedule.
- How did the market react to the announcement? The price of the Azuki NFTs rose by 9.1% following the announcement, with the cheapest NFT selling for 13.77 ETH ($42,000), according to CoinGecko.
- What is the significance of this development? ANIME has the potential to make a significant impact in the anime fandom and beyond, with a focus on community and a strong team behind it.
