Bored Ape Yacht Club Launches ApeCoin Token   By DailyCoin


Bored Ape Yacht Club Launches ApeCoin Token

Yuga Labs, the team that created the most successful NFT project so far – the Bored Ape Yacht Club, announced the release of ApeCoin, of which 15% of the tokens will be distributed among the owners of the exclusive BAYC NFTs.

The rest of the coins will be available to everyone and will soon appear on major cryptocurrency exchanges. The token will be managed by community-controlled organization ApeCoin DAO, which will receive funds through the ApeCoin sales.

ApeCoin will be used for all new products and services of BAYC, including a recently announced play-to-earn blockchain game that the BAYC, in partnership with developer nWay. The game should launch by the end of 2022.

Shortly after the announcement, the floor price of BAYC NFTs went from 92 ETH to 107 ETH – a floor price of almost $300,000 at the time of writing. BAYC plans to release 1 billion ApeCoins.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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Bored Ape Yacht Club Launches ApeCoin Token

Yuga Labs, the team that created the most successful NFT project so far – the Bored Ape Yacht Club, announced the release of ApeCoin, of which 15% of the tokens will be distributed among the owners of the exclusive BAYC NFTs.

The rest of the coins will be available to everyone and will soon appear on major cryptocurrency exchanges. The token will be managed by community-controlled organization ApeCoin DAO, which will receive funds through the ApeCoin sales.

ApeCoin will be used for all new products and services of BAYC, including a recently announced play-to-earn blockchain game that the BAYC, in partnership with developer nWay. The game should launch by the end of 2022.

Shortly after the announcement, the floor price of BAYC NFTs went from 92 ETH to 107 ETH – a floor price of almost $300,000 at the time of writing. BAYC plans to release 1 billion ApeCoins.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7]

You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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