Arbitrum and Azuki join forces to launch anime-based web3 network

Looking to tap into the growing anime market, the new project AnimeChain aims to usher in a blockchain-based fan network.

Looking to broaden its interests even further, Arbitrum Foundation has announced it is teaming up with both the popular NFT brand Azuki and Weeb3 Foundation in an effort to create a web3 network that appeals to fans of anime.

"With the most advanced blockchain scaling technology in the industry, Arbitrum will empower AnimeChain to redefine the anime experience for fans and creators worldwide," Nina Rong, Arbitrum Foundation's head of ecosystem development, said in the statement. In the statement, the three organizations stated that anime fans in web3 have so far suffered from a "fragmented experience." They also said that globally the anime market is "projected to exceed $60 billion by 2030" making it "one of the fastest growing verticals in the global entertainment industry."

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