Published on:


APE Price Live Data

The live price of ApeCoin today is $ USD. APE is up -2.28% in the last 24 hours compared to $USD. ApeCoin has a live market cap of $4,005,996,000.00 USD, and a circulating supply of 1,000,000,000 APE.

1. What Is ApeCoin?

ApeCoin is a token used in the Ape Ecosystem to empower and incentivize a decentralized community. This token is based on the Ethereum blockchain and follows the ERC-20 standard.

ApeCoin holders can vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals that have been agreed upon by ApeCoin holders.

2. Who Are the Founders of ApeCoin?

ApeCoin is a project that is based on the Bored Ape Yacht Club project by Yuga Labs. ApeCoin was created to be used in the APE Ecosystem, which is supported by the APE Foundation. The goal of the ApeCoin DAO is to build and maintain the APE Ecosystem in a fair and inclusive way, by providing an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.

The Board is responsible for the day-to-day administration of the ApeCoin DAO. This includes bookkeeping, project management, and other tasks that ensure the Community’s ideas have the support they need to become a reality. The Board is composed of members who are voted on by ApeCoin DAO members.

3. What Makes ApeCoin Unique?

ApeCoin is the token that allows people to participate in the ApeCoin DAO. This gives them a shared and open currency that can be used without centralized intermediaries. 62% of all ApeCoin was allocated to the Ecosystem Fund, which will support community-driven initiatives as voted on by ApeCoin DAO members.

ApeCoin allows access to parts of the Ecosystem that are previously unavailable, such as unique games and services. ApeCoin is a tool for third-party developers to join the ecosystem by integrating it into services, games, and other projects.

The APE Foundation was gifted an NFT (non-fungible token) by Yuga Labs, the creators of Bored Ape Yacht Club. Yuga Labs has conveyed all rights and privileges to this NFT and its underlying artwork to the APE Foundation. The ApeCoin DAO members can decide how this intellectual property is used.

4. How Many ApeCoin Are There in Circulation?

ApeCoin will have a total of 1 billion tokens. Out of these, 30.25% will be available on launch day, and this percentage will increase gradually over the next 48 months.

The amount of ApeCoin in circulation is a dynamic number that will constantly change both due to the aforementioned schedule and a myriad of market factors.

5. How Is the ApeCoin Network Secured?

ApeCoin is a token that was launched on the Ethereum blockchain. This means that it is secured by Ethereum’s proof-of-work system.

6. Where Can You Buy ApeCoin?

ApeCoin is available to trade on a variety of exchanges, including decentralized exchanges like SushiSwap and top centralized exchanges.