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Home»Altcoins»Orbiter Finance and Azuki’s Anime Reveal Token Generation Event (TGE) Dates
Altcoins

Orbiter Finance and Azuki’s Anime Reveal Token Generation Event (TGE) Dates

NBTCBy NBTC02/02/2025No Comments3 Mins Read
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Orbiter Finance, a prominent Layer-2 (L2) scaling solution, and Anime, an Azuki-linked project, have revealed their Token Generation Event (TGE) dates, both slated for the same week.

Coincidentally, the dates align with President-elect Donald Trump’s inauguration, giving forward-looking traders and investors ample time to position themselves strategically amid expected volatility.

Orbiter Finance Reveals TGE Date

In a statement shared on X (Twitter), Orbiter Finance revealed the TGE date for its OBT token, citing Monday, January 20. The token generation event is expected to reward early adopters and participants in the Orbiter Finance ecosystem. Details about eligibility and distribution mechanics are anticipated to be revealed as the event approaches.

“Orbiter Finance’s token TGE on Jan 20, 2025,” the announcement read.

The announcement detailed the network’s growth journey since its inception three years ago. It revealed garnering up to 4.3 million users, facilitating over $28 billion in transactions, and completing over 35 million transactions. Notably, a decentralized team of smart contract experts and engineers developed the project.

“This milestone airdrop represents our gratitude to our amazing community that has supported and shaped our journey from the beginning,” Orbiter added.

OBT is an ERC-20 governance and utility token designed to drive the protocol’s vision of an omni-chain future and mass adoption of Web3 technologies. It will launch on Ethereum, Arbitrum, and Base networks with a total supply of 10 billion.

The announcement comes just five months after Orbiter Finance reported an impressive $50 million in annual revenue, reflecting the growing adoption of L2 solutions. However, the journey has not been without challenges. Two years ago, Orbiter Finance faced a cybersecurity incident when hackers targeted its Discord server with a fake airdrop scam.

Anime TGE and Community Response

The OBT TGE adds to the list of token generation events expected next week. ANIME, the token powering the open Anime universe, set its TGE for January 23, 2025, just three days after OBT’s debut.

“ANIME is launching on January 23,” the network said.

Anime’s TGE is generating buzz among airdrop hunters and NFT enthusiasts. Specifically, its unique allocation mechanics, which use Collector Score (CS) points rather than solely NFT ownership, have drawn interest. Murkiwaters, an airdrop hunter, detailed the potential value of ANIME allocations.

“At $2 billion FDV [fully diluted valuation], 1 CS point is worth $30, assuming 25 million total CS points available. Base CS points: Azuki (1,000), Elementals (100), Beanz (67), Bobu (4),” Murkiwaters shared.

Further, the airdrop hunter also noted the significant values for individual NFTs indicating $30,000 for Azuki, $3,000 for Elementals, $2,010 for Beanz, and $120 for Bobu. However, not everyone is impressed by the market reaction. NFT investor LilStovetop noted the lack of a significant price surge for Anime-related NFTs despite the announcement.

“The ANIME TGE is set for January 23rd but now that the date is announced (6 days away) we’re not seeing a huge run up on the floor price like we saw with Penguins. Azuki: 13.5 ETH Elementals: 1.67 ETH Beanz: 0.81 ETH Why is this,” the investor posed.

Hyperliquid’s HYPE stakers will also receive Anime’s token airdrop, which will incentivize community participation.

The upcoming token generation events (TGEs) for OBT and ANIME highlight the increasing momentum in blockchain innovation. Orbiter Finance’s launch of OBT showcases its commitment to building a decentralized and scalable ecosystem. Meanwhile, Anime’s community-driven approach emphasizes the growing convergence of NFTs and tokenized economies.

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