This collaboration resulted in the birth of AnimeChain.
Ethereum Layer 2 network Arbitrum and NFT collection AZUKI are joining forces to bring anime, a popular Japanese anime genre, into the world of blockchain.
Dubbed AnimeChain, the platform aims to leverage Azuki’s budding anime ecosystem, along with Arbitrum’s impressive $4.3 billion market cap, fast speeds, and hundreds of dApps.
“Through our anime works, games, and physical products, we will demonstrate the power of a decentralized model for growing IP on Anime Chain,” Azuki’s social media account on X said. I wrote it today.
ARB briefly spiked on today’s news, jumping from $1.68 to $1.72 and currently trading at $1.64. While most of the crypto markets have enjoyed significant gains over the past month, ARB has remained on the sidelines, declining 13% on the day.
According to Coingecko, the floor price for AZUKI is 5.11 ETH, or approximately $17,735. It has skyrocketed over the past week, soaring 38%, bringing its market cap to $179 million (or 51,120 ETH).
“To develop products and experiences at every level of the anime experience, interacting with the blockchain may be just one of many operations that take place with a simple click.” Said AZUKI’s pseudonymous co-founder locationtba joins us today on X.
They state that “a vision of deeper fan engagement at every touchpoint of the anime experience has taken shape in recent years,” adding that Arbitrum’s 250ms block time and EVM compatibility and programming expansion enable promoted the recently released Stylus. Language support.
Integrating the anime community into Web3 is no small matter considering the almost religious fanaticism of this genre of exhibitions. And the numbers don’t lie.
According to Cybercrew, over 100 million people watch anime worldwide, of which approximately 41.5 million (33%) live in Japan. According to Yahoo Finance data, the market size of this industry is $26 billion and is expected to grow to $62 billion by 2032.
