ApeCoin
The new hot token
APECOIN IS FOR THE WEB3 ECONOMY
Culture has found new expression in web3 through art, gaming,
entertainment, and events. The possibilities for blockchain’s impact on
culture are so endless that they can’t possibly all be predicted yet.
APE is a token made to support what’s next, controlled and built on by
the community. It will serve as a decentralized protocol layer for
community-led initiatives that drive culture forward into the metaverse.
THE DAO
ApeCoin DAO exists because decentralized governance is critical to
building and managing a globally dispersed community—and therefore
critical to the success of the APE ecosystem. The APE Improvement
Proposal Process will allow ApeCoin DAO members to make decisions
regarding Ecosystem Fund allocations, governance rules, projects,
partnerships, and beyond. ApeCoin DAO membership is open to all ApeCoin
holders.
APECOIN PROTOCOL
ApeCoin is an ERC-20 governance and utility token used within the APE
ecosystem to empower a decentralized community building at the forefront
of web3. As the open-source protocol layer of the ecosystem, ApeCoin
serves several purposes:
-
Governance
ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO. -
Unification of Spend
ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries. -
Access
ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services. -
Incentivization
ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.