APEcoin (APE) Will Unlock 15,600,000 Tokens on November 17th

ApeCoin (APE) is an ERC-20 governance and utility token underpinning the APE ecosystem, a decentralized protocol layer propelling community building in Web 3.0.

APEcoin will unlock 15,600,000 APE on November 17th. This constitutes approximately 2.16% of the currently circulating supply.

ApeCoin (APE) is an ERC-20 governance and utility token that underpins the APE ecosystem. The APE ecosystem is a decentralized protocol layer that aims to propel community building in Web 3.0. Yuga Labs, the creators of the prominent Bored Ape Yacht Club (BAYC) NFT collections and rights holders to CryptoPunks and Meebits, has integrated APE as the chief token for its new products and services.

The ApeCoin DAO, a decentralized autonomous organization, facilitates APE token holders in executing governance decisions. These decisions can range from fund allocations to establishing partnerships. Upon voting by the DAO members, the APE Foundation, the DAO’s legal caretaker, actualizes these governance decisions.

The APE token serves as the participatory key to the ApeCoin DAO, enabling access to unique APE ecosystem features such as exclusive games, merchandise, and events. Furthermore, third-party developers can integrate the APE token into their platforms as incentives.

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