The Animecoin crypto project, backed by Arbitrum and Azuki NFT series, revealed its tokenomics, where the majority of tokens are allocated to the community.
Animecoin Launch Details
Animecoin aims to launch its token on Ethereum and Arbitrum blockchains this month. A total of 10 billion tokens will be issued, with a significant portion distributed among various communities.
Token Distribution
Out of the total supply, 50.5% is allocated to the community: 37.5% to the Azuki NFT community and 13% for 'community cultivation,' managed via AnimeDAO for community initiatives. The Azuki company is to receive 7.44% of the supply with a three-year vesting and a one-year cliff. Early contributors, including Azuki employees and advisors, will receive 15.62% under the same conditions. The foundation will receive 24.44% for ecosystem growth and grant programs. The remaining 2% is set aside for partner communities like Hyperliquid and Kaito.
Project Goals and Objectives
Animecoin is a collaborative project by Arbitrum Foundation, Azuki, and Weeb3 Foundation to create a blockchain ecosystem for the growth of anime culture. Azuki founder Alex Xu, also known as Zagabond, noted that anime culture is often fragmented and needs a unified platform. 'ANIME is a Culture Coin — a movement transforming the anime fandom of 1 billion fans into a community-owned network of creativity,' the Animecoin Foundation wrote.
The launch of Animecoin with a well-defined tokenomics plan aims to support the development of anime culture and the creation of new blockchain-based communities.
