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What is apecoin?

ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. ApeCoin was founded to be used within the burgeoning APE Ecosystem, which is supported by the APE Foundation.

What is ape coin?

APE Coin is the native cryptocurrency of the BAYC ecosystem. It’s designed to be the decentralized protocol layer for various initiatives that are supposed to be led by the community. The total supply of ApeCoins is limited to 1 billion.

What happened to apecoin (ape)?

It has become one of the most valuable NFT projects by market cap. In addition, Yuga Labs has now bought two companies. The last company they bought was CryptoPunks, which happened on Mar. 17, 2022. What is ApeCoin (APE)?

Who endorses apecoin?

The Treasury of the DAO can also endorse particular actions. The APE Foundation created APE to be used within the expanding APE ecosystem. APE is managed by the ApeCoin DAO and is backed by the APE Foundation. They have the authority to allocate the Ecosystem Fund and establish governance rules, special projects, and partnerships.

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