ApeCoin ($APE), a Token Associated with the BAYC Ecosystem is Officially Launched

ApeCoin ($APE), a token associated with the BAYC ecosystem is officially launched. It is reported that $APE is issued by and operated by the entity ApeCoin DAO, and each token holder can vote on the governance and use of the ecosystem fund. The total amount of $APE is 1 billion, 62% of which will be allocated to the community, 15% of the total will be airdropped at 12:30 UTC on March 17, and 47% will be allocated to the Ecosystem Fund. Of the remaining 38% of tokens, 8% will be allocated to the BAYC founders; 16% to the Yuga Labs team (of which 1% of the total will be donated to the Jane Goodall Foundation), and 14% to partners and investors. Currently Gemini, Kraken, Binance.US and others have announced that they will go live with ApeCoin.