Azuki NFT Creator Plans to Launch Its $ANIME Token This Month

Chiru Labs, a digital asset incubation studio and the team behind the famous Azuki non-fungible token collection, announced plans to launch its non-fungible token currency "$ANIME" this month. The Azuki NFT team initially announced plans to launch the highly anticipated NFT coin in December last year. In this article, we will go into more details about the "$ANIME" NFT coin.

$ANIME will be launched in January 2025

In a blog post on January 13, the Azuki NFT team confirmed plans to launch the highly anticipated non-fungible token "$ANIME" in January 2025 through its ANIME x account. The ANIME NFT coin is part of its overall plan to enhance the Azuki entertainment division. Last year, the Azuki NFT team launched a new domain "Anime.com", which they firmly believe will become a new way to watch anime.

The details of the ticket for January 2025, $ANIME, are as follows.

Founded in 2021, Chiru Labs is a well-known Web3 studio focused on shaping the future of anime culture through narrative. By definition, anime refers to a specific style of cartoons produced or inspired by Japanese animation. These cartoons are hand-drawn and computer-generated animations that typically contain colorful graphics, vibrant characters, and action-oriented plots.

Chiru Labs is home to numerous non-fungible token collections, including Azuki, a non-fungible token collection of 10,000 limited-edition anime-themed NFTs, Beanz, a collection of 19,950 limited-edition anime-themed NFTs, Azuki Elementals, a collection of 20,000 fixed-supply anime-themed NFTs, and Azuki Elementals Beanz, a collection of 5,387 unique NFTs hosted on the Ethereum blockchain network.

$ANIME Token Economy

The highly anticipated ANIME token will be launched on the Ethereum and Arbitrum blockchain networks at the end of January 2025, with a total supply of 10 billion ANIME and an initial circulating supply of 7.69 billion ANIME. According to the ANIME Token Economics Table, Azuki creators have allocated 37.5% of ANIME NFT tokens to the Azuki NFT community. This allocation will be fully unlocked at launch.

ANIME will be launched on Ethereum and Arbitrum, with 50.5% allocated to the community.

The Azuki NFT team has allocated 24.44% of the total supply to the Animecoin Foundation. These funds will be used to grant programs, launch operations, and launch initiatives designed to bridge the gap between Animecoin and the broader anime community. The team has also allocated 15.62% of the total supply to Azuki employees, contract personnel, and consultants who were early contributors to Animecoin.

$AThe Anime team has allocated 13% of the token supply to the community. This allocation will be managed by Anime holders through the future of AnimeDAO to fund community incentives and initiatives. In addition, 7.44% of the total supply has been allocated to Azuki Corporation as a continued contributor and adopter of Animecoin. This allocation will unlock over the next 3 years with a 1 year lock-up period.

Finally, the team behind Anime NFT Coin has allocated 2% to the Arbitrum community, the anime community, and Kaito yappers of Kaito AI. Founded in 2023, Kaito AI is an artificial intelligence-driven cryptocurrency search engine. To encourage users to participate in Kaito's information ecosystem, the project offers a Yaps points program. The Yap-to-Earn program rewards users for sharing as much cryptocurrency-related information as possible on Crypto Twitter and tagging Kaito.

The Azuki NFT ecosystem is on the rise

Data compiled by Coingecko.com, a well-known cryptocurrency aggregator and non-fungible token browser, shows that the four NFT collections in the Azuki NFT ecosystem are rising after the announcement of the upcoming ANIME NFT coin. The reserve price of the Azuki NFT series has risen to 14.8ETH, up 18% from the previous day. In the past 24 hours, the reserve prices of Azuki Elemental and Bean official NFTs have risen by nearly 20%, 1.89ETH and 0.94ETH respectively.

NFT Watch: AzukiEcosystem rallied today following the announcement of @animecoin’s upcoming TGE.
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