Continuing Pudgy Penguins, Azuki is the next blue-chip NFT project preparing to launch its token on its own blockchain called AnimeChain. This blockchain platform is developed by Azuki in collaboration with the Arbitrum Foundation and Weeb3 Foundation, with the goal of promoting anime culture through NFTs. Please join Coin68 in exploring the AnimeChain project in the article below!
What is AnimeChain? Exploring the Azuki collection's private blockchain
What is AnimeChain?
AnimeChain is a blockchain developed in collaboration by the famous NFT collection Azuki, the Arbitrum Foundation, and the Weeb3 Foundation using Arbitrum Orbit technology. This blockchain is dedicated to the Azuki NFT community and anime fans through the integration of content, games, items, and Non-Fungible Tokens.
What is AnimeChain?
Through AnimeChain, the three organizations aim to usher in a new era for the anime fan community by leveraging Web3 technology, promoting the healthy development of Japan's top entertainment content such as anime, manga, games, and VTubers, and enhancing their sustainability.
Why is Azuki developing AnimeChain?
Capitalizing on the rapidly growing global anime market
Anime and manga are renowned cultural icons of Japan, with global appeal to both children and adults. According to forecasts, the global anime market is expected to exceed $60 billion by 2030, becoming one of the fastest-growing segments of the entertainment industry. AnimeChain allows Azuki to participate in this market by combining the power of blockchain with anime culture.
Addressing the fragmented experience of anime fans in Web3
Currently, anime fans in Web3 do not have a unified platform to interact and create content. AnimeChain aims to provide a dedicated Web3 network for anime, where users can trade Non-Fungible Tokens, create content, and experience entertainment in a more integrated manner.
Commitment to building value for the Azuki community
AnimeChain is not just a blockchain, but also a tool for Azuki to expand its brand and support its community. With the issuance of the ANIME token, Azuki is committed to providing benefits to Azuki NFT holders, making them an integral part of shaping the future of anime culture on the blockchain.
Strategic collaboration and superior technology
Arbitrum Orbit provides advanced blockchain scaling technology, enabling AnimeChain to achieve high performance and low costs, facilitating global creators and users. Additionally, the collaboration with the Weeb3 Foundation helps Azuki build an open anime universe, where anime culture becomes not just an entertainment experience, but a sustainable economic asset.
Building an Anime IP creation platform
AnimeChain opens up opportunities for the tokenization of anime-related products, thereby driving the development of a creative ecosystem, allowing both artists and investors to access a new and promising market.
Positive community impact
Announcements related to AnimeChain have helped increase the value of the Azuki NFT collection, demonstrating the community's strong confidence in the project. The Azuki NFT floor price has increased from around 4.5 ETH to over 12 ETH (at the time of writing) since the AnimeChain launch announcement, showcasing the appeal of this project.
Highlights of AnimeChain
Focused on NFTs and Anime
AnimeChain protects copyrights and creates a trading market for anime-related works. Each work is encoded as a Non-Fungible Token with transparent certification, preventing unauthorized copying. Users can buy, sell, and trade NFTs, turning the platform into a vibrant collection hub for rare and valuable anime items.
High Performance
Built on the Arbitrum Orbit toolkit, AnimeChain has the ability to scale and achieve lightning-fast transaction speeds of up to 40,000 transactions per second (TPS), with a block completion time of only 250ms, providing a smooth and quick user experience.
User-friendly
AnimeChain aims to provide a user-friendly and accessible experience for users through a visually appealing interface, without requiring in-depth blockchain knowledge. This allows even newcomers to Web3 to easily use the platform.
Tokenomics
Token Information
Token Name | AnimeChain |
Symbol | ANIME |
Blockchain | Ethereum, Arbitrum |
Contract | To be updated |
Total Supply | 10,000,000,000 ANIME |
Initial Circulation | 7,694,000,000 ANIME |
Token Allocation
ANIME Token Allocation
The ANIME token is allocated as follows:
- Azuki Community - 37.5%: 100% unlocked at TGE.
- Community Cultivation (Anime DAO) - 13%: 100% unlocked at TGE.
- Domain Expansion (Foundation) - 24.44%: 100% unlocked at TGE.
- Partners - 2%: 100% unlocked at TGE.
- Team and Advisors - 15.62%: Locked for 1 year, then 33.33% unlocked, the remaining linear vesting over 1 to 3 years.
- Parent Company - 7.44%: Locked for 1 year, then 33.33% unlocked, the remaining linear vesting over 1 to 3 years.
Note: The ANIME token has not been officially launched yet.
Conclusion
This is all the information about the AnimeChain project. Coin68 hopes that readers will have a better understanding of the project and its products. Wishing you all useful knowledge!
Note: The information in this article is not to be considered investment advice, and Coin68 is not responsible for any decisions made by you.
