The cost of OKB increased by 20% following OKX’s decision to make it the main token for mining Animecoin, an innovative project designed to turn the anime industry into a decentralized community network.
On January 17th, the value of OKX’s native token, OKB, jumped approximately 20% to reach $58.86, following the announcement that it would be the main token for mining Animecoin (ANIME). This project is a web3 initiative supported by Arbitrum and the popular Azuki NFT collection.
Beginning January 20th, OKX will initiate the mining process for Animecoin through their Jumpstart program. In this program, users can deposit their OKB tokens or Bitcoin (BTC) to mine ANIME. According to a press release on January 17th, this mining period will last until January 23rd. Users holding OKB can stake up to 600 OKB, while BTC holders can stake up to approximately 0.3 BTC, which equates to around $30,000.
10 billion Animecoins are in circulation, with some earmarked for recipients of the OKX Jumpstart program. OKX notes that staking with them offers flexibility, enabling you to withdraw your tokens at any point during the event.
The ANIME token will debut on Ethereum and Arbitrum in January, distributing over half of the tokens to the community, while around 20% will be allocated to the team and advisors. Developers envision this new token as a tool to strengthen the anime fanbase, its creators, and establish an “open anime universe” that fosters creativity and collaboration.
According to crypto.news’ previous report, approximately half (50.5%) of the total token supply is designated for the community. This allocation includes 37.5% for the Azuki community, who are considered “early supporters” of Animecoin, and 13% set aside for Community Development, managed by future AnimeDAO to finance community rewards and projects. Additionally, a separate 2% will be assigned to partner communities.
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2025-01-17 13:50