Arbitrum-backed Animecoin project has unveiled its tokenomics plans to the community as it looks to connect anime lovers to DeFi.
Animecoin, a new cryptocurrency project backed by Arbitrum and the popular Azuki NFT collection, has shared its plans for the Anime token. According to the announcement, this token aims to connect anime fans with decentralized finance (DeFi). The new token will also create a special space for crypto enthusiasts and cartoon lovers.
The Anime token will have a total supply of 10 billion tokens, with 50.5% going directly to the community. Notably, the token will launch on Ethereum and Arbitrum later this month. Per the announcement, the Animecoin Foundation will oversee the project’s development and governance.
As reported, a significant 37.5% of the total token supply is set aside for the Azuki NFT community. This shows the strong relationship between Animecoin and the popular Azuki NFT collection.
Additionally, 13% of the total supply will be set aside for ANIME token holders through the upcoming AnimeDAO (Decentralized Autonomous Organization). This supply will support community-driven projects, rewards, and decisions, allowing everyone to partake in Animecoin’s future development. Meanwhile, the Animecoin Foundation will keep 24.44% of the tokens to support and grow the project over time.
Additionally, 2% of the tokens will go to various communities, including Hyperliquid, Kaito, Arbitrum, and anime communities. The essence of this supply is to push Animecoin to reach more people. 15.62% will go to Azuki employees, contractors, and advisors to recognize their work in developing the token. The remaining 7.44% will be kept for the Azuki startup itself.
With an initial circulating supply of 7.69 billion tokens, Animecoin is positioning itself as a bridge between blockchain technology, the anime world, and a broad range of digital communities. Its tokenomics reflect a strong commitment to community participation and long-term growth.
This makes it a project to watch out for in the coming months.
On the token liquidity front, Arbitrum has also made the news recently beyond the current Animecoin update. Recall that Arbitrum, Optimism, and Avalanche released their locked assets in November 2024. Out of the $2.6 billion, approximately $900 million was released through cliff unlocks, while about $1.7 billion was unlocked gradually.
Meanwhile, a meme coin project called Memecoin (MEME) used both methods for its unlocks.
With $2.6 million of different digital assets in the market, the potential impact of token prices, investor sentiment, and market liquidity is substantial. Historically, a large token supply can increase selling pressure as early backers and contributors cash in on their holdings. This is especially true if market conditions are volatile.
While the releases may add liquidity to the market, they can also lead to price volatility, especially if the market lacks enough demand to absorb the new supply. Analysts suggest that market participants exercise caution, as there could be fluctuations across these projects, influencing investor strategies and broader market trends.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
