ANIME currency is about to be issued: community airdrops account for more than half, and Azuki series NFTs have not seen a significant increase

Author: Nancy, PANews

Following the success of the PudgyPenguins token airdrop, Animecoin, an animation project under the NFT blue-chip project Azuki, will launch the ANIME token in January this year. However, the upcoming launch of the ANIME token has not significantly boosted the price of the Azuki NFT series. The market does not seem to be fully paying for it, and controversy has also arisen.

Affected by this, Azuki series NFTs experienced a slight general rise, but they are still far from returning to historical highs. According to NFT Price Floor data, Azuki has increased by 13% in the past 24 hours, and the floor price is temporarily 14.08 ETH, which is still nearly 43.7% lower than the historical peak; Azuki Elementals has increased by 17%, and the floor price has reached 1.9 ETH, a record high; Beanz increased by approximately 20.1%, with the floor price reaching 0.95 ETH. The decline from the historical high is still 81%.

In comparison, the Pudgy Penguins series of NFTs experienced a large-scale sweep after the announcement of the token issuance plan. From the release of the token to the launch, the floor prices of Pudgy Penguins and Lil Pudgys both experienced triple-digit increases, once reaching a record high A new high, showing relatively strong and positive market demand for Azuki.

On the occasion of the third anniversary of Azuki, ANIME issued an official announcement on January 13th announcing that the ANIME token will be launched on Ethereum and Arbitrum this month. In fact, as early as the end of last year, Azuki founder Zagabond had already warmed up for this token generation event (TGE), claiming at the time that Animecoin would be launched before Anime Chain.

ANIME's token economics shows that the total supply of ANIME tokens is 10 billion, and the initial circulation is 7.69 billion, which means the initial circulation ratio reaches 76.9%. In terms of specific allocation, 37.5% will be allocated to the Azuki community, 13% will be used for AnimeDAO, 24.44% will be allocated to the Animecoin Foundation, 2% will be allocated to the cooperative community, and 15.62% will be allocated to the team and consultants (after the 1-year lock-up period) 33.33% will be unlocked, and the rest will be unlocked linearly), and 7.44% will be used for Azuki Company (33.33% will be unlocked after the 1-year lock-in period, and the remainder will be unlocked linearly). As part of TGE, the Hyperliquid community (HYPE stakers), Kaito yappers, Arbitrum community, etc. will serve as cooperative communities and receive airdrops of ANIME tokens.

At the same time, Azuki officially announced its cooperation with the Animecoin Foundation to jointly promote the construction of an open animation universe, saying, "Azuki has proven its decentralized brand building model by creating more than 100 sub-communities, global community activities and rich fan creations. Web3’s unique value for IP incubation. This cooperation includes the upcoming Anime.com and ANIME tokens, aiming to transform anime fans from passive consumers into real owners of culture.”

It is worth mentioning that an image of the popular Japanese anime "Jujutsu Kaisen" appeared on the ANIME Token Economics page, and the community believed or hinted that there would be some kind of major cooperation.

According to the analysis by crypto KOL @a_raving_ape based on ANIME token economics, combined with project badges, points and other factors, under neutral expectations (ANIME FDV is maintained at US$2.5 billion), a single Azuki NFT can receive an airdrop worth US$40,700. , a single Azuki Elementals NFT can receive an airdrop worth US$4,000.

However, while ANIME's TGE incident has attracted much attention, it has also triggered some controversy and negative comments. Compared with Pudgy Penguins’ large-scale token distribution, which allocated 24.12% of tokens to other communities, ANIME’s airdrop to other communities is considered to be smaller in scale. It is worth mentioning that although Pudgy Penguins has previously conducted airdrops for Azuki holders, Azuki did not return a similar airdrop this time.

On the other hand, Azuki and Animecoin were officially criticized for holding too high a proportion of tokens, and many community members believed this was a "classic VC dumping party." From the perspective of token allocation, approximately 60.5% of ANIME tokens will be allocated to the Animecoin Foundation, AnimeDAO, teams and advisors, and Azuki Company. For example, AI agency AIXBT analysis said, "To be honest, this means that those venture capital companies are preparing to sell. If holders want to achieve true balance, then the circulating supply should be 90% at TGE, not 76%."