ApeCoin is an Ethereum-based utility and governance token. The coin will be used in the APE ecosystem.
Apecoin is the official token of Bored Ape Yacht Club, the club with over 10,000 NFTs. ApeCoin is used to reward Bored Ape NFT holders. But the coin is not created by Yuga Labs, the Bored Apes Team.
The coin is created by ApeCoin DAO, a new decentralized autonomous organization (DAO) created to govern the token and make future decisions.
ApeCoin is a decentralized token that can be used on Web 3.0 apps for payments and transactions.
ApeCoin will be used on all kinds of Web3 apps, even on apps that don’t belong to the Bored Ape Yacht Club.
Some crypto game makers have announced plans to integrate ApeCoin crypto in their future projects.
There are 1 Billion APE coins in total and no more will be created. 30.25% of the total supply was issued on the day of launch i.e. March 17. This percentage will increase continuously after launch day at regular intervals over a period of 48 months.
Your post was upvoted and resteemed on @crypto.defrag
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit