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Azuki-supported Animecoin has launched tokenomics, with over 50% of the community allocated.
According to The Block, Arbitrum and Azuki’s anime-themed crypto projects revealed their token economics on Sunday, with 50.5% of the total supply allocated to the community.
Other communities, including Hyperliquid and Kaito, will also receive a portion of the supply.
The token is scheduled to be launched this month.
Animecoin is a cryptocurrency project supported by the Arbitrum and Azuki NFT collections. It announced its Anime token economics, which is expected to launch this month on Ethereum and Arbitrum.
Under the token economics announced on Sunday, 50.5% of the 1 billion tokens will be allocated to the community. Specifically, 37.5% of the supply will go to the Azuki NFT community, and 13% will be reserved for “community cultivation.” The latter will be managed by holders through AnimeDAO to fund community initiatives.
Azuki will receive 7.44% of the supply, with a three-year vesting period and a one-year cliff. Azuki’s employees, contractors, and advisors will receive a 15.62% “early contributors” allocation, with the same vesting conditions.
The foundation will receive 24.44% of the supply for ecosystem growth, such as funding reward programs and supporting various foundation operations. The remaining 2% will be reserved for other partner communities, including Hyperliquid, Kaito AI, and Arbitrum.
According to the token economics, Anime’s initial circulating supply is 7.69 billion, the foundation said.
The Animecoin project is a collaboration between the Arbitrum Foundation, Azuki, and the Weeb3 Foundation, aiming to create a blockchain ecosystem focused on supporting the development of anime culture.
In June, Azuki founder Alex Xu (also known as Zagabond) said that the overall experience of anime culture is fragmented and lacks a unified platform.
“ANIME is a cultural coin—a movement to turn 1 billion anime fans into a community-owned network of creativity,” the Animecoin Foundation wrote in a post on Monday.