Launched in March 2022, the ApeCoin (APE) cryptocurrency is the native token of Yuga Labs' renowned BAYC (Bored Ape Yacht Club) NFT collections. A small revolution in the crypto market, this token is intended for multiple uses, such as video games, services, merchandising and the Otherside Metaverse, launched in 2022 by Yuga Labs.
Based on the Ethereum blockchain, ApeCoin is a governance token. Its holders play an important role in decision making. Thanks to the phenomenal success of non-fungible tokens (NFT), ApeCoin looks set for a bright future.