Crypto SuperCycle
NOK 0.000063
NOK 0.000063
ApeCoin (APE) is an ERC-20 governance and utility token used within the APE ecosystem. It was launched by the APE Foundation to support the growth and development of the decentralized web3 initiatives, including gaming, art, entertainment, and events.
APE holders can participate in the governance of the APE ecosystem through the ApeCoin DAO (Decentralized Autonomous Organization). This allows them to vote on proposals regarding ecosystem funding, governance rules, partnerships, and other decisions that shape the future of the ecosystem.
APE serves as a utility token for various applications and services within the APE ecosystem. It can be used for payments, staking, and to access exclusive features, games, and events. The token aims to empower decentralized community building at the forefront of web3 innovation.
The total supply of ApeCoin is fixed at 1 billion tokens. A significant portion was initially allocated to Yuga Labs and holders of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs, with further allocations for the DAO treasury and launch contributors.