ETHGlobal

ETHGlobal Brussels

ApeCoin

$10,000

About

ApeCoin is an ERC-20 governance and utility token. It will serve as the native gas token for ApeChain. Web3 builders and creators including Yuga Labs, the company that founded Bored Ape Yacht Club, use ApeCoin to power their economies. ApeCoin adoption is driven largely by communities who are driving culture forward through NFTs, art, gaming, entertainment, community and events. The ApeCoin community governs itself via the ApeCoin DAO, the decentralized governance framework that supports the Ecosystem Fund. The ApeCoinDAO serves to empower a decentralized community building at the forefront of web3. ApeCoin serves several purposes including: Transaction fees - transactions on ApeChain are natively paid in $APE Governance - allows ApeCoin holders to participate in the ApeCoin DAO Unification of Spend - shared and open currency across more NFT native communities Access - exclusive games, merch, events, and services Incentivization - tool for third-party developers to incorporate APE into their services, games, and other projects Jenkins is Apechain's public alpha testnet. It mirrors the general vision of the Apechain network, which is an L3 on top of Arbitrum. Apecoin is the native gas token and devs can onboard onto it and use it like any other testnet like bridge to it, deploy smart contracts, connect it to your Metamask, etc.

Prizes

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🧱 Best Infra project built on ApeChain ⸺ $4,000

Up to 2 teams will receive $2,000

Community Infra track: Bridge communities together with infrastructure that allows communities from other chains to participate and reap benefits on ApeChain (i.e. asset mirroring), or help onboard users navigate the fragmented the L2 / L3 ecosystem. Close the complexity gap to onboard users onto ApeChain (i.e. abstraction)

Qualification Requirements

The project/demo should be deployed on the ApeChain Testnet and should be testable by the judges.

Links and Resources

Apechain Jenkins Testnet

https://jenkins.hub.caldera.xyz/

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💻 Best Dapp ⸺ $4,000

Up to 2 teams will receive $2,000

Best showcase of GameFi or SocialFi using ApeCoin. Using ApeChain not required, but is preferred. Past hackathon winners for this category have been built around MarioKart, social fitness, AI, etc among other things.

Qualification Requirements

The project/demo does not need to be deployed on the ApeChain Testnet, but preference will be given to projects that do.

Links and Resources

Apechain Jenkins Testnet

https://jenkins.hub.caldera.xyz/

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🤝 Honorable Mention ⸺ $2,000

Up to 4 teams will receive $500

Apecoin technology holds significant potential across various sectors due to its innovative features and underlying blockchain technology. Best use of Apecoin technology, no particular use case.