Azuki is the next NFT project to confirm the issuance of its own token, after Pudgy Penguins (PENGU), Milady (CULT) and Magic Eden (ME).
Azuki announces the tokenomics for its own token ANIME. Image: anime.xyz
On January 13, 2025, the famous NFT collection in the Ethereum ecosystem, Azuki, announced that it will soon issue its own token, with the ticker ANIME, with the launch expected to be in January this year.
Azuki said that the choice of the ANIME token ticker reflects the project's ambition to connect with the anime animation industry - a cultural trend with over 1 billion followers worldwide, making it a "culture coin".
The ticker is $ANIME. January 2025.
— ANIME (@animecoin) January 13, 2025
Details below. pic.twitter.com/lccpWXg8hO
According to the initial information, the ANIME token will be issued on both Ethereum and Arbitrum, with a total supply of 10 billion units, and an initial circulating supply of up to 76.9%.
The ANIME token allocation is as follows:
- Azuki community (37.5%): airdrop to all Azuki NFT holders at the time of token deployment.
- Community fund (13%): managed by AnimeDAO, with voting rights decided by ANIME token holders.
- Animecoin Foundation (24.44%): a fund dedicated to ecosystem development, project sponsorship and strengthening the connection between Azuki and the anime community.
- Partner community (2%): airdrop to HYPE stakers, Kaito participants, Arbitrum community and other anime communities aligned with Azuki's vision.
- Project team and investors (15.62%): allocated to those involved in building Azuki, locked for the first year and unlocked over the next 3 years.
- Company (7.44%): allocated to the Azuki company, locked for the first year and unlocked over the next 3 years.
ANIME token allocation by Azuki. Image: anime.xyz
ANIME token unlock schedule by Azuki. Image: anime.xyz
Azuki is one of the most successful NFT collections on Ethereum during the 2021 period, attracting a lot of investor attention due to its unique and eye-catching design style. However, in the following years when NFT trading activity declined, Azuki's influence was also severely affected, along with the controversies surrounding the project team's plans to release additional collections.
Rumors about Azuki issuing its own token have actually originated since early 2024, when the community found evidence that the ANIME token would be used. In March, Azuki announced a partnership with Arbitrum to build a dedicated blockchain for the Anime culture.
Immediately after the announcement of the upcoming token airdrop was posted, the floor prices of NFT collections in the Azuki ecosystem have been increasing from 5% to 20% at the time of writing.
Statistics on Azuki NFT collections, screenshot from NFT Price Floor as of 08:30 AM on January 13, 2025
As reported by Coin68, many NFT projects have launched their own tokens in recent times, notably including Pudgy Penguin (PENGU), Milady (CULT) and Magic Eden (ME). Another Ethereum-based NFT project, Doodles, has also "hinted" about having its own token soon, while the NFT marketplace OpenSea has also shown signs of preparing for a major event.
Compiled by Coin68
