Azuki NFT Announces the Launch of the New Native Token $ANIME with a Japanese Cartoon Theme

While the Tokenomics of the new “Culture Coin” is already available, Azuki’s NFT project has seen the price of its Non-Fungible Tokens rise by +9%.

The famous NFT collection, known as Azuki, has announced the launch of a new native token, $ANIME, which is set against the backdrop of Japanese cartoons. While the Tokenomics of the new “Culture Coin” have already been revealed, Azuki's NFT venture has seen its Non-Fungible Tokens rise in value by +9%.

Azuki NFT and the announcement of the launch of the new native token ANIME

Azuki has revealed that it will be launching ANIME, its new native token themed around Japanese cartoons, also playfully dubbed the “Culture Coin,” this month.

With a post on Twitter, Azuki outlined its journey in the Anime Universe, which began in 2022.

In 2022, Azuki set out to build an open anime universe.

First, we pioneered decentralized brand building, where the community can co-create and shape the IP, forging a new model of community-driven entertainment.

The Azuki community, through its creation of 100 subcommunities,… https://t.co/uhoqFr2PnD

“In 2022, Azuki set out to build an open anime universe. First, we pioneered the construction of decentralized brands, where the community can co-create and shape the IP, forging a new model of community-driven entertainment. The Azuki community, thanks to the creation of 100 sub-communities, a vast collection of fan-commissioned artworks, multiple community-organized events worldwide, and much more, has strongly demonstrated that Web3 can give birth to and nurture a new type of IP. Then we acquired Anime.com, which will soon be launched alongside Anime coin as the home of the global anime fandom. And now, together with the Anime Coin Foundation, we are forging the next anime arc. An arc where fandom evolves beyond passive consumption and becomes a true ownership of culture. Our mission remains the same: to build the open anime universe. Join the movement. It’s $ANIME szn.”

Azuki NFT: the price increase of +9% and the announcement of ANIME Tokenomics

Following the announcement of the launch of ANIME, the Azuki NFT venture has seen its Non-Fungible Tokens rise in value by +9%.

According to the data provided by CoinGecko, at the time of writing, the floor price of Azuki NFT is 12.86 ETH, which is equivalent to $42,929.

Not only that, but the Azuki NFT project also ranks fifth among Ethereum NFT collections, with a market capitalization of 430 million dollars.

In any case, Azuki has already shared the Tokenomics of ANIME's “culture coin” with the public.

In practice, 50.5% of the total token supply has been allocated to the community. Moreover, through the Animecoin Foundation's grant programs, additional tokens will also be allocated to passionate anime creators and builders who will be future holders of ANIME.

On the other hand, Azuki employees and consultants will receive 15.62% of the supply, which is subject to a rights acquisition program.

The NFT of 2024

The Azuki NFT venture, like all collections, has had moments in its history when its floor price shot up, as opposed to others when it crashed.

For instance, in 2024, Azuki saw its NFT floor price rise in January after a post on Twitter sparked rumors of a potential partnership with the Web3 Foundation. At that point, the NFT collection reached a floor price of 7.96 ETH.

Overall, the NFT market concluded last year with a total sales volume of 8.8 billion dollars, which marks an increase of 100 million dollars compared to 2023.

This result leads us to conclude that NFTs, despite the slow growth of this crypto micro-sector, continue to thrive within the blockchain ecosystem.