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Azuki Launches ANIME, Airdrops Over 3.7 Billion Tokens to Community

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Following a series of NFT launch collections such as Pudgy Penguins, DeGods, Azuki also launched his own token to complement his future project development plans.

On the morning of January 13, 2025, Azuki, one of the most famous collection of Anime-style NFTs on the market, announced that it will release an official token bearing the ANIME ticker later this month.

Azuki was once seen as one of the collections with a unique design, different from the rest of the NFT projects on the market. However, as the NFT market gradually cooled in later years, Azuki's influence waned as well.

Earlier in March 2024, Azuki announced a partnership with Arbitrum to build its own blockchain called AnimeChain. This move not only confirms Azuki's determination to maintain the position but also opens up new application potential for the community.

According to the latest announcement, ANIME tokens will be issued in January 2025 on the Ethereum and Arbitrum networks, with a total supply of 10 billion tokens and the allocation as follows:

  • 37.5%: Azuki Community.
  • 13%: AnimeDAO.
  • 24.44%: Animecoin Foundation.
  • 2%: Partner communities.
  • 15.62%: Development team and advisors (33.33% locked for 1 year, unlocked after that)
  • 7.44%: Azuki Company (33.33% locked for 1 year, unlocked gradually later).
 
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ANIME token allocation.

The announcement of the ANIME token airdrop immediately generated strong interest, pushing the floor prices of NFT collections belonging to the Azuki ecosystem up from 5% to 20% in a short time.

This event marks an important turning point in Azuki's development journey, bringing this project back to the heart of the NFT market.

While many other major NFT projects such as Pudgy Penguin, Milady, and Magic Eden have all issued their own tokens, Azuki is following the general trend of extracting more value for the community.

Other names like Doodles and OpenSea are also gearing up for new advancements, promising to liven up the NFT market and blockchain-related applications.

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Azuki NFTs surged after news of the token was launched. Source: Coingecko.

Currently the price of Azuki has increased by more than 14% in the last 24 hours and has increased by more than 210% in the last 60 days. Azuki's sub-collection, called Azuki Elementals, also rose 20% to the exchange price of 0.65 ETH following this information.

Some of these tokens are purely meme, such as the MFER of the MFERs collection founded by Sartoshi, but other projects take the opportunity to build utility tokens in their ecosystem.

Memeland's AZUKItoken MEME, despite its meme name, is actually a utility token in the ecosystem, used for staking and trading functions on the marketplace. Similarly, Bored Ape Yacht Club's APE token has now become a utility token for their own blockchain, Apechain.

The ANIME token is expected to follow the model of MEME and APE, becoming a utility token that supports AnimeChain, which provides infrastructure for the global anime network that lives on the blockchain and is managed by creators and participants.