{"id":58870,"date":"2022-03-17T11:23:40","date_gmt":"2022-03-17T09:23:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58870"},"modified":"2025-09-04T18:58:59","modified_gmt":"2025-09-04T15:58:59","slug":"bored-ape-yacht-club-launches-apecoin-airdrop","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bored-ape-yacht-club-launches-apecoin-airdrop\/","title":{"rendered":"Bored Ape Yacht Club launches ApeCoin airdrop"},"content":{"rendered":"<p>The team behind Bored Ape Yacht Club (BAYC) unveiled an ecosystem-linked token and conducted an airdrop.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Introducing ApeCoin ($APE), a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3. \ud83e\uddf5<\/p>\n<p>\u2014 ApeCoin (@apecoin) <a href=\"https:\/\/twitter.com\/apecoin\/status\/1504201556165644298?ref_src=twsrc%5Etfw\">March 16, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abWe present ApeCoin (APE) \u2014 a token for culture, gaming and commerce, used to build a decentralized community at the forefront of Web 3.0\u00bb, \u2014 according to the official ApeCoin account.<\/p>\n<\/blockquote>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">March 17, 2022 | 16:40<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Trading of APE began on the FTX exchange. The asset also <a href=\"https:\/\/twitter.com\/Bybit_Official\/status\/1504434879651536913\">\u043f\u043e\u044f\u0432\u0438\u043b\u0441\u044f<\/a> in a USDT pair on the Bybit spot platform.<\/p>\n<p><script async=\"\" src=\"https:\/\/telegram.org\/js\/telegram-widget.js?16\" data-telegram-post=\"forklog\/24573\" data-tme-mode=\"\" data-width=\"100%\"><\/script><\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">March 17, 2022 | 18:46<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The developer Coinist Bot Luke Martin called APE \u201cthe best investment of all time.\u201d According to his calculations, <span data-descr=\"return on investment (ROI)\" class=\"old_tooltip\">ROI<\/span> of the token was approximately 1,898x in ETH or 2,100x USD.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">If you add up all the value that <a href=\"https:\/\/twitter.com\/yugalabs?ref_src=twsrc%5Etfw\">@yugalabs<\/a> has airdropped to BAYC holders, it makes minting an ape one of the greatest investments of all time.<\/p>\n<p>~ 1,898x <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> return<br \/>~ 2,100x USD return<\/p>\n<p>It all happened in less than 1 year to everyone that contributed $200 of ETH &#038; held.<\/p>\n<p>Insane. <a href=\"https:\/\/t.co\/RVNn5UKuyV\">pic.twitter.com\/RVNn5UKuyV<\/a><\/p>\n<p>\u2014 Luke Martin (@VentureCoinist) <a href=\"https:\/\/twitter.com\/VentureCoinist\/status\/1504493229319798784?ref_src=twsrc%5Etfw\">March 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/div>\n<p>The token will be governed by a decentralized organization ApeCoin DAO, open to any token holder. To implement community decisions and day-to-day administration as a legal entity, the Ape Foundation has been established.<\/p>\n<p>The foundation\u2019s oversight is provided by a board whose members are elected every six months. The initial lineup includes:<\/p>\n<ul class=\"wp-block-list\">\n<li>co-founder of Reddit Alexis Ohanian;<\/li>\n<li>head of FTX\u2019s venture arm Amy Wu;<\/li>\n<li>director of Sound Ventures Maariya Bajwa;<\/li>\n<li>co-founder and chair of Animoca Brands Yat Siu;<\/li>\n<li>president of Horizen Labs Din Steinbeck.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/ApeCoin-for-the-Web3-Economy-Google-Chrome.jpg\" alt=\"NFT-\u043f\u0440\u043e\u0435\u043a\u0442 Bored Ape Yacht Club \u043f\u0440\u043e\u0432\u0435\u043b \u0430\u0438\u0440\u0434\u0440\u043e\u043f \u0442\u043e\u043a\u0435\u043d\u0430 APE\" class=\"wp-image-167842\" width=\"820\" height=\"209\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/ApeCoin-for-the-Web3-Economy-Google-Chrome.jpg 820w, https:\/\/u1f987.com\/wp-content\/uploads\/ApeCoin-for-the-Web3-Economy-Google-Chrome-300x76.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/ApeCoin-for-the-Web3-Economy-Google-Chrome-768x196.jpg 768w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><figcaption>Data: <a href=\"https:\/\/apecoin.com\/about\">ApeCoin<\/a>.<\/figcaption><\/figure>\n<p>ApeCoin\u2019s supply will total 1 billion coins and remain fixed. The tokens will be allocated among four main groups, with a portion of their assets initially locked. They will become available over 48 months in accordance with the unlock schedule.<\/p>\n<p>Allocation by shares:<\/p>\n<ul class=\"wp-block-list\">\n<li>62% \u2014 the ecosystem fund, including the treasury and airdrop funds (15%);<\/li>\n<li>16% \u2014 the company behind BAYC, Yuga Labs, and the charitable initiative;<\/li>\n<li>14% \u2014 BAYC launch participants (firms and individuals who helped bring the project to life);<\/li>\n<li>8% \u2014 the four founders of Yuga Labs.<\/li>\n<\/ul>\n<p>Among BAYC NFT holders, as well as derivative assets MAYC and BAKC, 150 million APE will be distributed.<\/p>\n<p>The token will also be listed on exchanges \u2014 support for the token has already been announced by Binance and <a href=\"https:\/\/twitter.com\/CoinbaseAssets\/status\/1504210290904375306\">Coinbase<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> will list <a href=\"https:\/\/twitter.com\/apecoin?ref_src=twsrc%5Etfw\">@apecoin<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24APE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$APE<\/a><a href=\"https:\/\/t.co\/PpkEuvMuT0\">https:\/\/t.co\/PpkEuvMuT0<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1504353847753560065?ref_src=twsrc%5Etfw\">March 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As part of the charitable initiative, the project will donate 10 million APE or the monetary equivalent to Jane Goodall\u2019s charitable funds.<\/p>\n<p>According to OpenSea, BAYC token trading volume surged 661% in the past 24 hours. MAYC and BAKC rose by 465% and 639%, respectively.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/4vDahLiIqP1L6lvzAxxuOMWvG1wOw5BQGq34EfWwx9UbOCLwwitJrs5JxhvnhI4FPfp5ENXmnRcIFQJAS0HExzIdSHZYO_yZGdmbaUrZXV8BQf2WM1IG96-hYLA8YkvpK2yLayfx\" alt=\"NFT-\u043f\u0440\u043e\u0435\u043a\u0442 Bored Ape Yacht Club \u043f\u0440\u043e\u0432\u0435\u043b \u0430\u0438\u0440\u0434\u0440\u043e\u043f \u0442\u043e\u043a\u0435\u043d\u0430 APE\"\/><figcaption>Data: OpenSea.<\/figcaption><\/figure>\n<p>In a statement, Yuga Labs said ApeCoin would become the primary asset not only for the BAYC ecosystem but also for the company\u2019s future projects and products.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to announce we\u2019re adopting ApeCoin as the primary token for the Bored Ape Yacht Club ecosystem as well as future Yuga products and services. <a href=\"https:\/\/t.co\/HJs5zD9i2i\">https:\/\/t.co\/HJs5zD9i2i<\/a><\/p>\n<p>\u2014 Yuga Labs (@yugalabs) <a href=\"https:\/\/twitter.com\/yugalabs\/status\/1504202913694031884?ref_src=twsrc%5Etfw\">March 16, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As reported in 2022, the company planned to <a href=\"https:\/\/u1f987.com\/en\/news\/bored-ape-yacht-club-nft-project-to-launch-metaverse-and-gaming-token\">receive revenue of $455 million<\/a> largely from the sale of virtual land in the metaverse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The BAYC team unveiled an ecosystem-linked token and announced an airdrop.<\/p>\n","protected":false},"author":1,"featured_media":58871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1356,1213],"class_list":["post-58870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-bored-ape-yacht-club","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"42","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=58870"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58870\/revisions"}],"predecessor-version":[{"id":58872,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58870\/revisions\/58872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58871"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}