Azuki’s AnimeCoin Airdrop Launches with $1.2 Billion Valuation

The AnimeCoin Foundation has launched AnimeCoin (ANIME), a governance token tied to the Azuki NFT project. Trading at $0.12 on HyperLiquid, the token debuted with a fully diluted valuation (FDV) of $1.2 billion. The total supply of ANIME is capped at 10 billion tokens, with 77% unlocked and tradable from launch.

Key Highlights of the ANIME Airdrop

• Largest Allocation for Azuki Holders: Holders of Azuki NFTs, including Azuki Elementals and BEANZ Official, are eligible for 37.5% of the token supply. This allocation makes Azuki the premier partner in this launch.
• Community-Oriented Distribution: Over 50% of the total supply is set aside for Web3 initiatives, fostering a decentralized anime ecosystem.
• Broad Trading Options: ANIME is set to trade on Binance from January 23, 2025, at 14:00 UTC.

Challenges and Prospects

The airdrop’s official claims website experienced downtime shortly after launch due to high traffic. However, the AnimeCoin Foundation aims to capitalize on the growing $60 billion anime industry. The foundation plans to enhance creator and fan engagement through decentralized initiatives.

Unclaimed tokens from Azuki’s allocation will bolster the Community Cultivation fund, further supporting the ecosystem. Despite early technical issues, the airdrop marks a significant step in aligning blockchain technology with the anime industry’s vibrant culture.