The price of OKB surged by 20% following its selection as the primary token for mining Animecoin, a groundbreaking initiative aimed at transforming the anime industry through community ownership.
On January 17, the native token of OKX, OKB (OKB), experienced a significant increase, reaching $58.86. This surge came after the announcement that OKX had chosen OKB as the primary token for mining Animecoin (ANIME), a web3 project supported by Arbitrum and the acclaimed Azuki NFT collection.
Starting January 20, OKX will launch the mining of Animecoin through its Jumpstart program, allowing users to stake their OKB tokens or Bitcoin (BTC) to mine ANIME. The mining initiative will be active until January 23, with OKB holders permitted to stake up to 600 OKB and BTC holders allowed to stake up to 0.3 BTC (approximately $30,000).
Animecoin will have a total supply of 10 billion tokens, with a portion reserved for participants in the OKX Jumpstart program. OKX emphasizes that staking is flexible, allowing participants to unstake at any time during the event.
The ANIME token is set to launch on both Ethereum and Arbitrum in January, with over 50% of the tokens designated for the community, alongside more than 20% allocated to the team and advisors. According to the developers, this new token aims to empower anime fans and creators while establishing “an open anime universe.”
As previously reported, about 50.5% of the total token supply will be dedicated to the community. This includes 37.5% for the Azuki community as early supporters of Animecoin and 13% reserved for Community Cultivation, which will be managed by the future AnimeDAO to support community initiatives. Additionally, 2% will be allocated to partner communities.
