ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem (http://apecoin.com/) to empower and incentivize a decentralized community building at the forefront of web3.
I. Project Introduction
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.
II. Token Information
1) Basic Information
Token name: APE (ApeCoin)
Total supply: 1,000,000,000
Tokens in Circulation: 302,500,000
2) Token Distribution and Token Release Schedule:
|Party||% of the total||Token Release Schedule|
|ECOSYSTEM FUND||62.00%||BAYC/MAYC NFT holders and treasury/resources|
|YUGA LABS + CHARITY||16.00%||The company behind BAYC and continuing contributor|
*6.25% worth of Yuga Labs holdings are being donated to the Jane Goodall Legacy Foundation.
|LAUNCH CONTRIBUTORS||14.00%||The companies and people that helped make this project a reality|
|BAYC FOUNDERS||8.00%||The ones who put the Ape in ApeCoin, the four founders of Yuga Labs and BAYC|
III. Related Links
Official Website: https://www.apecoin.com/
Blockchain explorer Links: https://etherscan.io/token/0x4d224452801aced8b2f0aebe155379bb5d594381
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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