People who like anime will be happy to hear that Arbitrum Fund and the well-known NFT brand Azuki have collaborated to create AnimeChain, a state-of-the-art web3 network just for anime fans.
The joint project aims to get many different anime-related content from both the original authors and other sources. This content covers different things in the AnimeChain world, like games, merchandise, and non-fungible tokens (NFTs).
Arbitrum’s Role in AnimeChain – Empowering the Anime Industry with Web3 Technology
Zagatabond, CEO of Azuki, talked about how important AnimeChain is to changing the anime business’s digital scene on social media. He said anime fans have been looking for a Web3 platform that brings everything together for a long time, but that earlier attempts have failed many times because they are too disorganised. Zagabond was sure that AnimeChain, which would use Arbitrum’s high scaling, would fill this gap and make the experience smooth and fun for anime fans worldwide.
The work between the Arbitrum Fund and Azuki comes after Arbitrum made public statements indicating its intention to support game businesses on its blockchain. The foundation announced in March that it would give 200 million ARB tokens worth about $344 million to game projects over the next two years. This move shows that Arbitrum is serious about encouraging new ideas in the game industry.
Also, Arbitrum made news in February when it decided to fund a feature picture directed by Shane Boris, a famous and award-winning producer. Arbitrum wants to use blockchain for more than just business transactions. This move into movies shows that they also want to use blockchain in entertainment and media.
The news of AnimeChain comes as Arbitrum is experiencing significant growth. DefiLlama data shows that Arbitrum’s Total Value Locked (TVL) has exceeded $3 billion this year. This shows the platform’s importance in decentralised finance (DeFi).
The value of Arbitrum’s native ARB token hit an all-time high in January and then dropped nearly 30%. However, the company is still set to grow and develop new ideas in the rapidly changing web3 world.
With AnimeChain about to change how digital anime is experienced, fans can look forward to a new era of connecting and participating in their favourite fandom. As Arbitrum and Azuki look to the future, the coming together of blockchain technology and anime culture could be the start of a new era in the history of digital entertainment.
