In simpler terms, the innovative cryptocurrency project known as Animecoin – which has the support of Arbitrum and the well-liked Azuki NFT series – has revealed its blueprint for the Anime token. As stated in the announcement, this token intends to bridge anime enthusiasts with decentralized finance (DeFi). Additionally, this new token will establish a unique environment catering to both crypto aficionados and cartoon fans.
Details of the Anime Token and Its Allocation
The Anime coin’s overall circulation will be 10 billion units, with approximately 5.05 billion allocated immediately to the community. It is worth mentioning that this token is set to debut on both Ethereum and Arbitrum networks later in this month. As stated in the recent announcement, the Animecoin Foundation will manage the project’s development and administration.
Approximately one-third (37.5%) of all Animecoin’s total token supply has been earmarked for the vibrant Azuki NFT community, underscoring the robust connection between Animecoin and the renowned Azuki NFT series.
As an analyst, I’d like to highlight that 13% of the total supply is earmarked for ANIME token holders via the upcoming AnimeDAO (Decentralized Autonomous Organization). This allocation will empower our community to drive projects, offer rewards, and make decisions collectively, effectively inviting everyone to contribute to the evolution of Animecoin. Concurrently, the Animecoin Foundation retains 24.44% of the tokens, ensuring long-term support and growth for the project.
As a researcher, I’d like to highlight that approximately 2% of the total tokens will be distributed among various communities such as Hyperliquid, Kaito, Arbitrum, and anime enthusiasts, with the intention of expanding Animecoin’s reach. Furthermore, 15.62% of the supply is set aside for Azuki’s employees, contractors, and advisors to acknowledge their instrumental role in the token’s development. Lastly, a portion of 7.44% will be retained by the Azuki startup itself.
Starting off with a circulation of 7.69 billion coins, Animecoin aims to serve as a link connecting the realm of blockchain technology, the vibrant anime universe, and diverse digital societies. The economic structure of Animecoin underscores its dedication towards engaging the community and fostering long-term development.
This makes it a project to watch out for in the coming months.
Arbitrum and Others Unlocked $2.6B in Tokens Last Year
Regarding token liquidity, Arbitrum has been in headlines not just due to the recent Animecoin update, but also for other reasons. You may remember that Arbitrum, Optimism, and Avalanche unveiled their locked assets in November 2024. Out of the total $2.6 billion, around $900 million was distributed through cliff unlocks, while the rest, approximately $1.7 billion, was made available gradually.
Meanwhile, a meme coin project called Memecoin (MEME) used both methods for its unlocks.
Holding approximately $2.6 million worth of assorted digital assets in the trading environment, the influence of token prices, investor attitudes, and market fluidity could be quite significant. In the past, having a large supply of tokens can boost selling pressure because early investors and donors may choose to liquidate their holdings when conditions are favorable or volatile.
When additional amounts are made available (releases), they can increase market liquidity; however, they might also cause price instability, particularly if the market isn’t robust enough to handle the new inventory. It is recommended that investors exercise caution because these projects may experience variations in value, which could impact investment strategies and overall market tendencies.
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2025-01-13 14:50