According to Arkham data, at 9 am this morning, the address vitalik.eth of Ethereum founder Vitalik Buterin used 0.082 ETH (about $249.63) to exchange 30,303 ANON tokens on the Base blockchain network.
This is believed to be related to his participation in the anoncast application, which requires users to hold at least 30,000 ANON tokens to use its anonymous posting function.
Currently, the total market value of ANON tokens has reached $37.9 million, and it once surged to $64.87 million during the day, with a 24-hour market value increase of up to 140%.
The Origin and Application of ANON
ANON is a token related to the Farcaster platform, and its birth is closely related to the Supercast client of Farcaster. The Superanon function provided by Supercast allows users to post anonymously. The individual subscription fee for using Supercast is $10 per month, and the team subscription is $30 per month.
The creation of ANON is triggered by the autonomous AI clanker when community members post content using Superanon. It is worth noting that Supercast developer woj said that although this is "very cool", he cannot fully support it, as any tokens of Supercast should be distributed to its users.
Therefore, some ANON holders voluntarily donated 13 million ANON (worth about $40,000 at the time, now increased to $600,000) to woj to promote the token feedback to Supercast users.
The Functions and Demand of ANON
On the Farcaster platform, posting anonymously requires holding at least 15,000 ANON (reduced from the original 30,000 ANON to 15,000 ANON starting from today, 21st). Furthermore, to further promote the post to the X platform (formerly Twitter) or delete the post, at least 1 million ANON are required.
With technological optimization, the time for users to post on @anoncast has been shortened from the initial few minutes to about 20 seconds, and the post can be displayed in the user's account within 1 to 2 minutes.
