ANIME: Everything You Need to Know About the Azuki-Linked Ethereum Token and Airdrop

The anime industry is booming and is expected to grow to $60 billion by 2030. Despite its enormous popularity, the AnimeCoin Foundation sees a significant opportunity to tap into fans who have remained passive consumers of the art form.

With the intention of building an open and decentralized anime universe, the AnimeCoin Foundation is launching ANIME, a token better designed to align incentives between creators and fans of the genre.

Here’s everything you need to know about ANIME ahead of its launch, scheduled for sometime this month.

What is ANIME?

ANIME is described as a “culture coin” that will land on Ethereum and the Arbitrum Layer-2 network.

Launched by the AnimeCoin Foundation, ANIME will have a total supply of 10 billion tokens, of which more than 50% will be given to the Web3 community, headlined by its main launch partner, Azuki – a prominent NFT collection and crypto native IP.

Of the 10 billion token supply, nearly 77% will be immediately unlocked for trading at launch.

When is ANIME coming out?

No formal date has been announced yet, but it is expected that the ANIME token will launch in January, according to a recent announcement from the AnimeCoin Foundation.

Who gets the ANIME airdrop?

The ANIME token supply will be divided into six different buckets, allocating more than 5 billion or 50% of the total supply to the Web3 community.

Azuki community

ANIME’s largest allocation, 37.5%, is reserved for claiming by the Azuki community.

As ANIME’s main launch partner, holders of all three major NFT collections – Azuki, Azuki Elementals and BEANZ Official – are expected to be eligible to claim the ANIME token.

While no details were given on the allocations awarded to each NFT from the Azuki community, the project has long used a points system or “Collector status” within its user profiles. This program will play a role in current and future Azuki ecosystem rewards.

Any unclaimed ANIME tokens from this group will be added to the ‘Community Cultivation’ basket.

Domain expansion

The second largest amount of ANIME tokens is reserved for the AnimeCoin Foundation and its domain expansion efforts at 24.44%.

This serves to fuel the growth of the ANIME ecosystem financing “grant programs, launch operations, ongoing foundation activities, and initiatives designed to bridge the gap between AnimeCoin and the broader anime industry,” the Foundation said.

The 2.444 billion tokens from this allocation will be fully unlocked at launch.

Team and advisors

The Azuki team, contractors, early advisors, and contributors to the AnimeCoin Foundation will receive 15.62% or 1.562 billion ANIME tokens. This group of tokens is subject to a one-year cliff, meaning they cannot be transferred or sold in the first year.

The tokens will be unlocked over a three-year period, and unlocked tokens can be sold after the one-year cliff.

Communal cultivation

A second community tranche is reserved for the ‘Community Farming’ bucket, consisting of 1.3 billion ANIME tokens or 13% of the total supply.

ANIME token holders and participants in the final AnimeDAO will manage this set of tokens. These participants can manage this 13% to fund community initiatives.

While the starting allocation is 1.3 billion ANIME tokens, this percentage may grow pending unclaimed tokens from the Azuki ecosystem bucket.

Business assignment

Another 7.44% of the supply is reserved for the Azuki company, which is subject to a one-year cliff and a three-year vesting period.

Partner communities

A final 200 million ANIME tokens, or 2%, will be allocated to other Web3 communities, including Hyperliquid (HYPE) token stakers, users of analytics platform Kaito and its yaps program, Arbitrum communities, as well as yet unrevealed projects that connect at the AnimeCoin vision.

Details on specific communities included in this allocation are expected soon.

How to claim ANIME

No formal details have been provided about the ANIME claim, but the AnimeCoin Foundation has included a disclaimer that no new domains outside anime.xyz will be used for the token generation event (TGE).

Edited by Andrew Hayward