Apecoin (APE)
4.3

Apecoin (APE)

APE: Decentralized Governance + Rocket

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Home ยป Apecoin (APE)

Pros
  • Fast adaptation
  • High celebrity adaptation
  • Available in all major exchanges
Cons
  • Heavily linked to BAYC

๐Ÿ“Source Code โ€“ ๐Ÿ Website โ€“ ๐Ÿ“ˆChart ย ๐Ÿ“ฑ Twitter

Apecoin (APE) in a nutshell

Apecoin is new ERC-20 utility token released by APE Foundation used within the APE ecosystem.

Tokenomics of ApeCoin

ApeCoin (APE) tokenomics can be found below. From a review perspective, contributions towards BYAC members are high and might be considered as negative for the overall project!

  • 62% โ€“ ECOSYSTEM FUND | BAYC/MAYC NFT holders and treasury/resources
    • 150,000,000 tokens to BAYC/MAYC โ€“ All unlocked for claim at launch
    • 470,000,000 tokens to DAO treasury and resources
    • 117,500,000 unlocked at launch, then 7,343,750 unlocked per month for 48 months
  • 16%* โ€“ YUGA LABS + CHARITY (*6.25% worth of Yuga Labs holdings are being donated to the Jane Goodall Legacy Foundation.)
    • 150,000,000 tokens to Yuga Labs โ€“ Initial lock-up 12 months, then 4,166,666.67 unlocked per month for 36 months
    • 10,000,000 tokens or equal value donated to the Jane Goodall Legacy Foundation โ€“ Initial lock-up 12 months, then 277,777.78 tokens unlocked per month for 36 months
  • 14% LAUNCH CONTRIBUTORS โ€“ The companies and people that helped make this project a reality
    • 140,000,000 tokens to launch contributors. Lockup schedules vary by contributor but fall into one of the following:
      • 10,000,000 tokens upfront, 25,000,000 after 6 months, 25,000,000 after 12 months, and 25,000,000 after 18 months
      • Initial lock-up for 12 months, then 757,575.76 unlocked per month for 33 months
      • Initial lock-up for 12 months, then 833,333.33 unlocked per month for 36 months
  • 8% BAYC FOUNDERS โ€“ The ones who put the Ape in ApeCoin, the four founders of Yuga Labs and BAYC
    • 80,000,000 tokens to founders of Yuga Labs

Is ApeCoin (APE) Legit or Scam?

Even thou APE is recently launched it has quickly become popular thought to close relations to the Bored Ape Yach Club NFT collection we do not think Ape is a scam. It's currently available in all major exchanges.

Review of APE

We are currently working on full review of Ape and this page will be updated!

Apecoin (APE) Details

Network
Popular:
APE
High celebrity adaptation! Popular
Fast
Get APE
T&Cs Apply
Crypto Token

Investing in crypto coins is always a risk! Proceed with extreme Caution!

*Reviews, articles and content on AltCoinReviews.org website are NOT financial advices!
4.0
Trust & Fairness
5.0
Exchanges & Swaps
3.0
Tokenomics
5.0
Community
4.3 Overall Rating