ApeCoin (APE)
The Bored Ape ecosystem token. Culture meets Web3.
What is ApeCoin?
ApeCoin is the token powering the Bored Ape Yacht Club (BAYC) ecosystem and the broader Yuga Labs metaverse. Originally airdropped to BAYC and Mutant Ape NFT holders, APE has grown into a governance and utility token for one of the most recognizable brands in Web3.
APE is used for governance of the ApeCoin DAO, which controls the treasury and decides how the ecosystem develops. It's also the currency for the Otherside metaverse (Yuga Labs' virtual world), used for in-game purchases, land sales, and staking rewards.
Celebrities, athletes, and major brands have embraced Bored Apes. APE represents ownership in the culture and infrastructure of this movement. Holders vote on partnerships, grants, and protocol changes.
How ApeCoin Works
APE was launched as an ERC-20 token on Ethereum. A portion was airdropped to BAYC, MAYC, and BAKC NFT holders, with the rest allocated to the DAO treasury, Yuga Labs, and ecosystem development. APE holders can stake their tokens to earn rewards and participate in ApeCoin DAO governance. In the Otherside metaverse, APE is the official currency for buying land (Otherdeeds), items, and services.
ApeCoin Ecosystem
- ApeCoin DAO — community governance and treasury management
- Otherside — Yuga Labs metaverse powered by APE
- Bored Ape Yacht Club and Mutant Ape ecosystem
- Staking rewards for APE holders
- Partnerships with brands and games integrating APE
Team & Development
ApeCoin was created by Yuga Labs, the team behind Bored Ape Yacht Club. Yuga Labs was founded by pseudonymous creators including Gargamel and Gordon Goner in 2021. The ApeCoin DAO launched in March 2022, transitioning governance to the community. The ApeCoin Foundation, based in the Cayman Islands, supports DAO operations. Yuga Labs continues to develop the Otherside metaverse and other ecosystem projects.
Frequently Asked Questions
Do I need to own a Bored Ape to use APE?
No. While BAYC holders received an APE airdrop, anyone can buy APE on the open market. You don't need an NFT to participate in governance or use APE in the Otherside.
What is the Otherside?
The Otherside is a metaverse being built by Yuga Labs. It uses APE as its native currency. Land is sold as Otherdeed NFTs. The project is still in development, with early demos and land sales completed.
Where do I store APE?
APE is an ERC-20 token on Ethereum. Use MetaMask, Ledger, Trust Wallet, or any Ethereum-compatible wallet.
Can I sell or swap APE?
Yes. Swaps supports selling APE for fiat and swapping it for other tokens.
Buy ApeCoin on Swaps
Compare ApeCoin prices from trusted providers. Buy APE with credit card, bank transfer, Apple Pay, and 29+ payment methods. Non-custodial — crypto goes directly to your wallet.
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