Azuki NFT Project Launches Anime-Themed Token, Distributing Majority to Community

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Azuki NFT Project Launches Anime-Themed Token, Distributing Majority to Community
AZUKIANIME COINNFT

Azuki, a popular NFT project, has unveiled ANIME, a Japanese cartoon-themed token. The token will be distributed with a strong emphasis on community, with 50.5% of the supply allocated to the Azuki community. This launch follows similar moves by other NFT projects, such as Pudgy Penguins, which issued its own token PENGU.

NFT project Azuki has announced the launch of ANIME, a Japanese cartoon-themed token that will distribute 50.5% of the token's supply to the Azuki community.Non-fungible token project Azuki has announced the release of ANIME, a Japanese cartoon-themed token described on itsThe price of the Azuki NFT s rose by 9.

1% following the announcement, with the cheapest NFT selling for 13.77 ETH , according to"We acquired Anime.​com, soon to launch alongside Animecoin as the home for global anime fandom," Azuki wrote on X. "And now, together with the Animecoin Foundation, we’re forging the next arc for anime ... Our mission remains the same: build the open anime universe." The token will be distributed with a heavy focus on community, with 50.5% of the total supply being allocated to the community, 37.5% of which will be fully unlocked at launch whilst an additional 13% "will be managed by ANIME holders through the future AnimeDAO to fund community incentives and initiatives."The move to release a native token follows Pudgy Penguins, which issued PENGU in December which now has a market cap of $1.87 billion.Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.

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