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The Arbitrum Foundation is collaborating with popular nft brand Azuki to develop a web3 network for anime enthusiasts.
He initiative will cover various anime-related content from original and third-party sources, including games, merchandise, and NFTs for a company called animechain.
Azuki CEO Zagabond emphasized on social media that AnimeChain will provide a new way to create and consume anime products. Until now, anime fans have not been able to enjoy a seamless experience on web3, as most anime-focused projects on web3 have become fragmented. According to Azuki's CEO, AnimeChain will take advantage of the broader scalability of Arbitrum.
The Arbitrum Foundation announced in early March that it would allocate 200 million ARB, valued at $344 million, to support gaming companies on its blockchain over the next two years. Additionally, Arbitrum revealed in February its decision to finance a feature film by Oscar-winning producer Shane Boris.
decisions TVL reached more than $3 billion this year, according to DefiLlama. The ARB token hit its all-time high in January and has declined nearly 30% since then due to a broader sell-off.
