ApeCoin (APE) is the governance and utility token of the APE ecosystem, focused on fostering decentralized community building within Web3. Managed by the ApeCoin DAO and supported by the APE Foundation, APE holders can participate in governance decisions and gain access to exclusive ecosystem features such as games, events, and services. Yuga Labs, the creator of the renowned NFT project Bored Ape Yacht Club (BAYC), is a key player in the ecosystem and actively promotes APE as the primary token for its new products and services.
Summary: ApeCoin is the core token driving the APE ecosystem, enabling decentralized governance and a variety of applications. Holders can participate in decision-making and access exclusive ecosystem services.
