ApeCoin (APE) is an ERC 20 token inspired by the Bored Ape Yacht Club NFT project. Its primary use case is as a governance token, allowing APE holders to vote on various community proposals. For example, ApeCoin holders can participate in the ApeCoin DAO (decentralized autonomous organization), giving them the opportunity to vote and have a voice on community led proposals that can shape the future of the coin and the use of the Ecosystem funds. ApeCoin serves as a decentralized protocol layer specifically designed for community driven initiatives, with the main goal to deliver power to the community of APE holders.
Impact Story: Yuga Labs’ Crypto Philanthropy
The founders of Yuga Labs, the creators of Bored Ape Yacht Club, have been highly charitable with their crypto.
Discover the impact of Yuga Labs’ crypto donations to Orangutan Outreach, a nonprofit focused on the rescue and rehab of apes in Borneo and Sumatra.
