About
ApeCoin is an ERC-20 governance and utility token for decentralized communities building at the forefront of culture and web3. Yuga Labs, the company behind the Bored Ape Yacht Club ecosystem, is a contributor to the APE ecosystem and is adopting ApeCoin as the primary token for the BAYC ecosystem as well as upcoming metaverse and gaming experiences. APE adoption will be driven largely by communities who are driving culture forward through NFTs, art, gaming, entertainment, community and events. ApeCoin serves several purposes including: * 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 projectsApeCoin is an ERC-20 governance and utility token for decentralized communities building at the forefront of culture and web3. Yuga Labs, the company behind the Bored Ape Yacht Club ecosystem, is a contributor to the APE ecosystem and is adopting ApeCoin as the primary token for the BAYC ecosystem as well as upcoming metaverse and gaming experiences. APE adoption will be driven largely by communities who are driving culture forward through NFTs, art, gaming, entertainment, community and events.
ApeCoin serves several purposes including:
- 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
Prizes
We encourage all developers to come build on ApeCoin. Whether you’re interested in governance improvements, security infrastructure, or a better way to drop custom merch, ApeCoin wants to make sure you have the resources to build it!
We are open to all ideas, but if you’re looking for some inspiration here are some areas our community has been interested in:
- Governance - DAO tooling, dashboards, analytics, etc
- Staking - ApeCoin uses a new mechanic for staking that involves rewards accruing to the NFT rather than a wallet
- Community - expanding ApeCoin reach to more NFT communities
- Security - tooling or resources for NFT holders to protect their collectibles
ApeCoin is offering the following prizes:
🤝 Best Integration
Prizes go to the projects that can show the most innovative use of ApeCoin in a dApp. In general this should include projects that push the entire NFT and metaverse ecosystems forward in an innovative, new way.
- 🥇 First Place - $2,000
- 🥈 Second Place - $1,000
- 🥉 Third Place - $500
💡 Best Contribution
Prizes go to the projects that help the ApeCoin community the most. This could be governance tracking, an improved staking UI, or other infrastructure that supports ApeCoin expansion.
- 🥇 First Place - $3,500
- 🥈 Second Place - $2,000
- 🥉 Third Place - $1,000
You must explicitly apply for this prize during the submission process to be eligible to win
