Gucci

Reddit

ApeCoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ape-drives-yuga-labs-ecosystem" data-wpel-link="internal" rel="noopener noreferrer nofollow">APE Drives Yuga Labs Ecosystem</a><br></p>
<p style="text-align: justify">ApeCoin (APE), the cornerstone of the Yuga Labs ecosystem, is an ERC-20 token established on the Ethereum Blockchain. It acts as the governance token for ApeDAO and serves as a pivotal currency within the metaverse, gaining acceptance from luxury brands. ApeCoin DAO, a community-driven organization, significantly contributes to the ecosystem by supporting developers. This article delves into what ApeCoin (APE) is and how to purchase it with Turkish Lira (TRY).</p>
<h2 id="what-is-apecoin-ape">What is ApeCoin (APE)?</h2>
<p style="text-align: justify">ApeCoin is an ERC-20 token birthed from the NFT realm and developed by ApeCoin DAO. It serves as the main token of the Yuga Labs ecosystem. Released in March 2022 through an AirDrop to NFT holders, APE became the governance token for the entire Ape ecosystem. The token enables holders to participate in ApeDAO, casting votes on system enhancements and community decisions. Within the metaverse, APE is the currency used in Otherside for transactions such as virtual land purchases and in-game activities.</p>
<h2 id="how-is-apecoin-used-in-the-real-world">How is ApeCoin Used in the Real World?</h2>
<p style="text-align: justify">ApeCoin transcends its digital origins, finding applications in the real world. It is accepted by brands like Gucci and Tag Heuer, indicating its integration into mainstream commerce. In the <a href="https://en.bitcoinhaber.net/hong-kong-positions-itself-as-a-web3-technology-pioneer" data-wpel-link="internal" rel="noopener noreferrer nofollow">Web3</a> domain, APE is utilized in decentralized apps and play-to-earn <a href="https://newslinker.co/category/gaming/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">games</a>. Ownership of APE also opens doors to exclusive events, AirDrops, and community perks.</p>
<h2 id="key-takeaways-for-users">Key Takeaways for Users</h2>
<p style="text-align: justify">– APE holders can influence decisions within the Ape ecosystem through voting in ApeDAO.<br> – The token is used for transactions in the Otherside metaverse, such as buying virtual land.<br> – ApeCoin is accepted by luxury brands and used in various Web3 applications, showing its versatility.<br> – Membership benefits include access to exclusive events and AirDrops.</p>
<p style="text-align: justify">Founded in 2021, Yuga Labs gained prominence through its Bored Ape Yacht Club NFTs, which became status symbols with escalating prices and celebrity endorsements. Yuga Labs broadened its NFT portfolio with Mutant Ape Yacht Club and Bored Ape Kennel Club and solidified its <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">market</a> leadership by acquiring CryptoPunks from Larva Labs.</p>
<p style="text-align: justify">Yuga Labs ventured into virtual real estate with Otherside, a digital playground where APE is the primary currency. This virtual space aims to host future ApeCoin DAO events, creating a cohesive digital economy. ApeCoin DAO, a community-led entity, manages its treasury and ecosystem fund, supporting developers in creating valuable products and services for ApeCoin.</p>
<p style="text-align: justify">The Ape Foundation, the backbone of ApeCoin DAO, oversees governance, bookkeeping, and project management. A council of prominent figures in the crypto world, including Reddit Co-Founder Alexis Ohanian and Animoca Brands CEO Yat Siu, guides the DAO, ensuring the Ape ecosystem’s vision is realized.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/ape-drives-yuga-labs-ecosystem" data-wpel-link="internal" rel="noopener noreferrer nofollow">APE Drives Yuga Labs Ecosystem</a></h5>

APE Drives Yuga Labs Ecosystem

目錄

BH NEWS

在 2024年7月1日發表的其他文章

Kaspa (KAS) Price Hits All-Time High to Close Q2

DOGE and BONK No Longer Top Dogs As Price Continues To Slide, New Kid On Block Rollblock Continue...

Tokenization might not be as big in 2030 as you think. Here’s why

MTGOX Begins Repayments, Bitcoin Rallies

Pendle (PENDLE) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Vitalik Buterin Expresses Strong Criticism Of US Crypto Regulation

訂閱免費電子報，每天收取加密貨幣最新動態！