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Cryptocurrency News Articles

BAYC and Otherdeed Holders to Receive New Rewards, Sparking Airdrop Speculation; $ANIME Token Launch and Claim Details

Jan 23, 2025 at 05:06 pm

The BAYC founder, CryptoGarga, has announced new rewards for BAYC and Otherdeed holders. This news has sparked speculation about the potential launch of a new token.

BAYC and Otherdeed Holders to Receive New Rewards, Sparking Airdrop Speculation; $ANIME Token Launch and Claim Details

Bored Ape Yacht Club (BAYC) founder CryptoGarga has announced new rewards for BAYC and Otherdeed holders, sparking rumors of a new token launch.

The news comes amid recent updates in the crypto space regarding regulations and rumors of a future token airdrop.

According to BlockNews, the announcement has created a buzz within the community, with many speculating about the potential launch of a new token. The timing of the announcement is also significant, given the recent updates in the crypto space regarding regulations.

Meanwhile, the $ANIME token, supported by Azuki NFT collections, is preparing to launch its claim process on January 23 at 8 AM EST / 1 PM UTC.

As announced by Animecoin, Azuki community members, Hyperliquid stakers, Arbitrum users, and web3 anime partners can check their allocations through Animecoin’s official checker.

The initial claim phase, known as Kaito Yapper Wave 1, will end on January 30, with further details to be announced soon.

“Airdrop Checker is live here,” Animecoin stated in a recent Medium post.

The Animecoin Foundation has expressed its dedication to building an open anime ecosystem. To align ecosystem partners with this vision, the foundation has implemented an unlock schedule for the Domain Expansion and Community Cultivation allocations, ensuring long-term sustainability and a strong foundation for Animecoin’s future.

Animecoin is positioned as a Culture Coin, aiming to transform the anime fandom into a community-owned creative network. The token supply is distributed across several key allocations, prioritizing community involvement and sustainable growth.

The Community Allocation comprises 50.5% of the total token supply, with 37.5% reserved for the Azuki community in recognition of their role as early supporters. Azuki community tokens will be fully unlocked at launch. Unclaimed tokens will be redistributed to the Community Cultivation allocation.

A further 13% of the token supply is reserved for community initiatives, which will be managed by AnimeDAO. At launch, 25% of this allocation will unlock, while the remaining 75% will be distributed over three years, ensuring continuous support for projects and rewards within the community.

The Domain Expansion allocation, which supports the Animecoin Foundation in its efforts to fund ecosystem growth and grant programs, comprises 24.44% of the token supply. Over half of this allocation will unlock at launch, while the rest will be gradually released over 30 months following a six-month cliff.

Finally, the Partner Communities allocation includes 2% of the token supply, which will be distributed to Hyperliquid stakers, Kaito yappers, Arbitrum users, and other aligned anime communities. These tokens will be fully unlocked at launch, fostering partnerships within the broader web3 space.

The remaining supply is allocated to Azuki employees, contractors, advisors, and the company itself, with these tokens following a structured unlock schedule to ensure long-term alignment with Animecoin’s goals.

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Other articles published on Jan 26, 2025