ApeCoin Price Converter
Use the tool below to convert APE to USD and other currencies in real-time.
ApeCoin Key Information
- Token Type: ERC-20 governance and utility token
- Total Supply: Fixed at 1 billion APE
- Launch Date: March 17, 2022
- Primary Use Cases: Governance, ecosystem access, incentivization
Core Functions of ApeCoin
- Governance: APE holders participate in the ApeCoin DAO to vote on proposals shaping the ecosystem.
- Unified Currency: Serves as a decentralized payment method within the APE ecosystem.
- Exclusive Access: Grants entry to games, events, merchandise, and services.
- Incentives: Used by third-party developers to reward user engagement in apps and games.
ApeCoin Supported Platforms
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About ApeCoin
ApeCoin (APE) powers the APE ecosystem, a decentralized layer for community-led web3 initiatives in art, gaming, and entertainment. Governed by the ApeCoin DAO, the token unifies spending, enables governance, and unlocks exclusive content. The Ape Foundation manages day-to-DAO operations, ensuring community proposals are executed.
Governance Structure
- ApeCoin DAO: All APE holders are members, voting on ecosystem proposals.
- Ape Foundation: Administers the DAO, with a board of five crypto investors serving six-month terms.
Yuga Labs, creator of the Bored Ape Yacht Club NFTs, is closely tied to ApeCoin. While not directly responsible for APE, Yuga plans to adopt it as the primary token for new products and services, linking its value to the Bored Ape ecosystem.
FAQ
Q: How can I buy ApeCoin?
A: Purchase APE on major exchanges like OKX or decentralized platforms supporting ERC-20 tokens.
Q: What’s the max supply of ApeCoin?
A: APE has a fixed supply of 1 billion tokens, with no minting or burning capabilities.
Q: How does ApeCoin governance work?
A: Holders stake APE to vote on proposals via the ApeCoin DAO, managed by the Ape Foundation.
Q: Is ApeCoin linked to Bored Ape NFTs?
A: Yes—Yuga Labs integrates APE into its ecosystem but doesn’t control the token directly.