AnimeChain is a new blockchain designed to help the anime fan community, a popular Japanese animation style, come into the Web3 era.
This new blockchain was introduced by the Arbitrum Foundation, which develops Ethereum’s Layer2 scalability solution, Arbitrum, and the Azuki protocol, one of the most popular NFT projects in the blockchain industry.
The Web3 Foundation, which promotes the use of the decentralized web, also participated in the creation of this new blockchain network.
According to Azuki developers, AnimeChain has been specifically designed to facilitate the incorporation of the anime fan community into the Web3 ecosystem. This new blockchain will provide the necessary digital infrastructure for the global anime network to live on blockchain forever, governed by its community of creators and fans.
A new blockchain for the global anime community
The launch of this new blockchain marks an important milestone in the mass adoption of the blockchain industry and Web3.
It is estimated that the fan community of this iconic culture born in Japan has multiplied exponentially around the world in recent years. In fact, according to estimates by the World Population Review organization, around 45% of the world's population watches anime regularly, with Japan, the United States and China being the countries with the highest number of citizens who identify themselves as "otakus" or anime fans.
Since the global anime community is huge, its incorporation into the blockchain would be a formidable addition to the Web3 ecosystem.
Source: World Population Review
The advantages of AnimeChain
Through AnimeChain, its creators seek to merge anime with the blockchain, providing their community with access to the advantages offered by this technology along with cryptoassets and decentralization.
“It is time to create an ecosystem for the next generation of anime that empowers both creators and participants,” they said network developers.
As Azuki noted, the new blockchain significantly improves the Web3 user experience, making it as fast and fluid as Web2, while ensuring a level of participation, ownership and transparency never before seen within this culture.
Furthermore, being built on Arbitrum, AnimeChain will guarantee users fast transactions, with gas fees that have become much lower since the Dencun upgrade was implemented on the Ethereum mainnet. This, according to one of Azuki’s co-founders, gives AnimeChain the scalability and accessibility needed to overcome user experience hurdles and accelerate mass adoption of Web3.
AnimeChain also brings the benefits of crypto assets and NFTs to anime culture, allowing the fan community to have access to cryptocurrencies and digital assets that unlock participation in the ecosystem, the developer said.
AZUKI gained 4% with the announcement of the new network
AnimeCoin developers stressed that the demand for anime has never been greater than it is today and that it is a market with great growth potential that could reach $60.000 billion in the next decade.
So far, the announcement of the new AnimeChain network has not had a significant impact on the price of Arbitrum’s ARB token, which is trading at around $1,65. On the other hand, the price of the AZUKI token registered a 4% increase on Wednesday, reaching a value of $0,0025 per unit, at press time.
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