Launched in March 2022 by the Ape Foundation with support from Yuga Labs, ApeCoin was created to empower the decentralized APE ecosystem and expand the cultural impact of the BAYC brand.
TECHNOLOGY
ApeCoin is an ERC-20 token on Ethereum and governed by the ApeCoin DAO. It is designed for interoperability with Web3 applications.
USE CASES
Used for governance, access to exclusive events and services, incentivizing third-party development, and payments in apps and games.
FORECAST
APE’s price is closely tied to the popularity of BAYC and metaverse adoption, with potential upside as the ecosystem expands.
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