Orbiter Finance, a leading Layer 2 (L2) scaling solution, and Anime, an Azuki-related projecthave revealed the dates for their Token Generation Event (TGE), both scheduled for the same week.
Coincidentally, the dates coincide with the inauguration of President-elect Donald Trump, giving forward-looking traders and investors ample time to strategically position themselves amid expected volatility.
Orbiter Finance reveals the date of the TGE
In a statement shared on X (Twitter), Orbiter Finance revealed the TGE date of 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 on eligibility and distribution mechanisms are expected to be revealed closer to the event.
“Orbiter Finance’s TGE token on January 20, 2025,” the announcement reads.
The announcement details the network’s growth journey since its inception three years ago. It revealed that it has amassed up to 4.3 million users, facilitated over $28 billion in transactions, and completed over 35 million transactions. Notably, a decentralized team of smart contract experts and engineers developed the project.
“This historic airdrop represents our gratitude to our incredible community who have 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 be launched on the Ethereum, Arbitrum and Base networks with a total supply of 10 billion.
This announcement comes just five months after Orbiter Finance reported an impressive annual revenue of $50 million, reflecting the growing adoption of L2 solutions. However, the journey was not without its 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
OBT TGE adds to the list of token generation events expected next week. ANIME, the token that powers the open Anime universe, has set its TGE for January 23, 2025, just three days after OBT’s debut.
“ANIME will launch on January 23,” the network said.
Anime’s TGE is generating buzz among airdrop hunters and NFT enthusiasts. Specifically, its unique allocation mechanisms, which use Collector Score (CS) points rather than solely NFT ownership, have sparked interest. Murkiwaters, an airdrop hunter, detailed the potential value of ANIME allocations.
“At 2 billion dollars FDV [fully diluted valuation]1 CS point is worth $30, assuming a total of 25 million CS points available. Basic CS Points: Azuki (1,000), Elementals (100), Beanz (67), Bobu (4),” Murkiwaters shared.
Additionally, the airdrop hunter also noted the significant values of individual NFTs, showing $30,000 for Azuki, $3,000 for Elementals, $2,010 for Beanz, and $120 for Bobu. However, not everyone is impressed by the market’s reaction. NFT investor LilStovetop highlighted the lack of significant price increases for anime-related NFTs despite the announcement.
“ANIME TGE is scheduled for January 23, but now that the date is announced (in 6 days), we are not seeing a huge increase in the floor price like we saw with Penguins. Azuki: 13.5 ETH Elementals: 1.67 ETH Beanz: 0.81 ETH Why is that,” the investor asked.
HYPE players from Hyperliquid will also receive the token Anime drop, which will encourage community participation.
The upcoming Token Generation Events (TGE) for OBT and ANIME highlight the growing momentum in blockchain innovation. Orbiter Finance’s launch of OBT shows its commitment to building a decentralized and scalable ecosystem. Meanwhile, Anime’s community-based approach emphasizes the growing convergence of NFTs and tokenized economies.
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