AboutApeCoin 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
🏆 Best Consumer Use Case ⸺ $5,000
① $3,000 ② $2,000
Best use of ApeCoin in a dApp or application. This includes things like NFTs, payments, gaming, commerce experiences, etc.
Think of novel use cases that would elevate the web3 payments, retail, gaming experience. Phygital, vouchers or anywhere Apecoin in native form fits better than fiat or stablecoins.
🏆 Most innovative ⸺ $5,000
① $3,000 ② $2,000
Broader scope for projects that are at the cutting edge and building things highly relevant for the ApeCoin community, which centers around NFTs and gaming. This could include things like improved security via ERC-4337, novel NFT games via ERC-6551, or new DAO tooling.
Everything is on the table, where bleeding edge blockchain tech meets real world utility. Something that makes us think "yeah, that aligns with our vision for the web3 space".