Azuki jointly launched the Web3 animation network AnimeChain, and NFT has not yet picked up amid the expected currency issuance.

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Author: Nancy, PANews

As a veteran blue-chip NFT, Azuki fell into a long period of low ebb due to the continued decline in floor prices.

Or in order to regain influence and reshape the value of NFT, the founder of Azuki recently not only revealed his identity to enhance community trust, but also joined forces with Arbitrum Foundation and Weeb3 Foundation to launch the blockchain-based animation network AnimeChain, opening a new narrative of "open animation universe".

Azuki jointly launched the Web3 animation network AnimeChain, and NFT has not yet picked up amid the expected currency issuance.

According to AnimeChain, the animation industry has evolved from a niche subculture to a dominant force in global pop culture, growing rapidly in the fields of entertainment, fashion, sports, music, games and art, and is expected to reach US$60 billion by 2030. But currently animation fans in the Web3 field are facing the problem of fragmented user experience. AnimeChain will provide a community-governed online anime ecosystem that attracts anime fans into the Web3 world by providing mixed content, games, merchandise, and NFT, thus opening the next era of anime fans.

In order to provide millions of anime fans around the world with a user experience similar to Web2, AnimeChain adopts Arbitrum as its technical construction solution. In response, Azuki co-founder location tba said in a tweet that the biggest obstacle to Web3 adoption is user experience. Among multiple mature expansion solutions, Arbitrum’s low fees and high TPS can provide an experience closer to Web2, and with Arbitrum Orbit’s support for custom Gas tokens, you can play with the entire ecosystem with just one token. Paying gas fees will better attract Web2 anime fans. In addition, the programming environment Stylus launched by Arbitrum allows developers to use mainstream languages ​​​​such as Rust and C++ to write smart contracts that can interoperate with the EVM, and the execution efficiency is more efficient.

At the same time, location tba also revealed that AnimeChain will provide a more intuitive user interface and simplify the interaction process. Users do not need to have an in-depth understanding of blockchain technology, similar to commonly used applications such as anime streaming giant Crunchyroll.

Regarding the launch of AnimeChain, Azuki founder Zagabond said, “The team has made meaningful progress in the past two years, including the Azuki community creating approximately 100 sub-communities and more than 8,000 fan and commissioned artworks, etc. This proves that the Web3 field can be born The possibility of new IP. With the Azuki anime anthology series about to launch and more talents joining, Azuki’s potential is just beginning to explode. The team’s main focus remains on establishing Azuki as a globally recognized anime IP, creating digital and physical experiences and rewards Collectors. As a pioneer in new models of brand and IP creation, Azuki will shape the next generation of animation experience from the production and consumption aspects. In the future, AnimeChain will not only introduce existing animation IP and players. In the next few months, Azuki Detailed instructions will be given on how Azuki holders can participate in and benefit from AnimeChain."

Currently, Azuki is the first release partner of AnimeChain, and Zagabond and LocationTBA, as well as other Azuki members, are contributors to AnimeChain. It is worth mentioning that there were rumors in the market a few months ago that Azuki was planning an open anime universe. In January this year, Azuki’s official Twitter Official Twitter and retweeted Weeb3 Foundation’s tweets. The introduction of Weeb3 Foundation's Twitter account is "Building an open metaverse, powered by $ANIME", and the community has therefore speculated that $ANIME is Azuki's upcoming token. Currently, this account no longer exists and has been updated to the official account of AnimeCoin (AnimeChain).

Or to enhance user trust and pave the way for the release of the new product AnimeChain, Zagabond also revealed his identity when attending a domestic event not long ago, saying that he was Chinese and was born in Harbin. This was the first time he returned to AnimeChain in more than five years. Home country (since before COVID), personal life goal is to better connect East and West.

Azuki jointly launched the Web3 animation network AnimeChain, and NFT has not yet picked up amid the expected currency issuance.

However, the launch of Zagabond’s “emotional card” and AnimeChain did not significantly boost the prices of Azuki’s many NFTs. Data from NFT platform Blur shows that in the past 24 hours, Azuki fell by 3.09%, Azuki Elementals rose by 3.53%, and Beanz fell by approximately 1.52%. According to CoinGecko data, as of March 28, Azuki’s market value ranking has fallen to eighth place, and has been surpassed by NFT projects such as NodeMonkes, Pudgy Penguins and Runestone.

In short, when the old narrative can no longer gain more community recognition and trust, whether Azuki can achieve self-evolution and value upgrade by relying on AnimeChain remains to be verified by time.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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