APE

APE or ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.

It is the native token of the Bored Ape Yacht Club (BAYC), a collection of 10,000 unique non-fungible tokens (NFTs) featuring cartoon apes. The BAYC has become one of the most popular NFT projects, with celebrities like Paris Hilton, Stephen Curry, and Madonna purchasing apes.

ApeCoin was launched in April 2022 and has a total supply of 1 billion tokens. 62% of the tokens were allocated to the Ecosystem Fund, which will support community-driven initiatives as voted on by ApeCoin DAO members. 16% of the tokens were allocated to BAYC NFT holders, and 16% to Yuga Labs, the company that created the BAYC. The remaining 6% of the tokens were allocated to contributors and advisors.

ApeCoin can be used to:

Governance: ApeCoin holders can vote on governance proposals that will affect the future of the APE Ecosystem.
Staking: ApeCoin holders can stake their tokens to earn rewards.
Payments: ApeCoin can be used to pay for goods and services within the APE Ecosystem.
Access: ApeCoin holders can use their tokens to access exclusive features and benefits within the APE Ecosystem.
Here are some of the potential use cases for ApeCoin:

Decentralized applications (dApps): ApeCoin can be used to develop and power dApps within the APE Ecosystem.
Gaming: ApeCoin can be used to purchase in-game items and access exclusive content in blockchain games.
Metaverse: ApeCoin can be used to purchase land and other assets in the metaverse.
Social media: ApeCoin can be used to tip creators and reward engagement on social media platforms.
ApeCoin is a promising new token with a wide range of potential applications. It is still early days for the APE Ecosystem, but ApeCoin has the potential to play a major role in the development of web3.

Here are some additional resources that you may find helpful:

ApeCoin website: https://apecoin.com/
ApeCoin whitepaper: https://apecoin.io/assets/docs/white-paper-en.pdf
ApeCoin Twitter: https://twitter.com/ApeCoin