What is apecoin?

ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. ApeCoin was founded to be used within the burgeoning APE Ecosystem, which is supported by the APE Foundation.

How much apecoin is in circulation?

On launch day, March 17, 2022, 30.25% will be in circulation. This percentage will continually increase following launch day at regular intervals over a 48-month period. The amount of ApeCoin in circulation is a dynamic number that will constantly change both due to the aforementioned schedule and a myriad of market factors.

Who owns apecoin Dao?

Even though ApeCoin is affiliated with BAYC and Yuga Labs, technically, it’s controlled by ApeCoin DAO, and Yuga Labs claims that they have no ownership over ApeCoin DAO.

How do apecoin holders govern themselves?

ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders. 2. Who Are the Founders of ApeCoin?