APE ecosystem token.
ApeCoin is an ERC-20 token used in Yuga Labs’ decentralized applications and ecosystem. The token was designed to enable the company’s future initiatives and to support the community. The token was launched by the company in March 2022. It is available on Binance, FTX, KuCoin, Huobi and other major exchanges.
The company has issued a fixed number of tokens in the amount of one billion. Part of the issued APE tokens, namely 150 million, the company gave away to owners of NFT collections. The remaining 470 million will go to DAO and resources. 16% of the tokens will go to charity.
The main function of ApeCoin is to enable the community to make decisions and manage projects. Token holders will be able to participate in votes on the future of the company’s projects. Holders can also gain access to hidden parts of the Ape Ecosystem, such as games, services and other projects. Publication from site CryptoDeFix. The APE Foundation (the “Board”) manages the token in addition to the community and is responsible for the day-to-day administration, project management and community support.
- Participation in DAO
- Get access to new projects
- Buying on popular exchanges
- Part of the ecosystem for new products
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