I'm curious about the origins of ApeCoin. Who was the founder or the team behind this cryptocurrency? I want to know more about the people or entity that started it.
This voting power allows Yuga Labs to have a say in the direction of the APE DAO and its governance, despite not being the primary operator.
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CryptoAllySun Oct 20 2024
It is important for investors to understand that Yuga Labs, the company behind the launch of ApeCoin, does not have direct operational control over the APE DAO or the Ape Foundation.
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DanielaSun Oct 20 2024
Investors should take this into account when evaluating the potential of ApeCoin and the APE DAO, as Yuga Labs' influence cannot be overlooked.
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SaraSun Oct 20 2024
Despite not being responsible for the day-to-day operations of these entities, Yuga Labs still holds a considerable stake in the ApeCoin ecosystem.
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HanRiverWaveSun Oct 20 2024
Additionally, it's worth noting that the APE DAO and the Ape Foundation are separate entities with their own sets of rules and objectives.