HONG KONG, May 23, 2022 - (ACN Newswire) - On May 13, Guo Yanhong, the supervisor of the Medical Administration and Hospital Authority of the National Health Commission,...
Recovering from a February 2022 low, BAYC has shown signs of stabilization. Bored Ape Yacht Club’s revenues totaled $2 billion during the first week...
ApeCoin was one of the most hyped news in the second half of March. It was all the rage with Bored Ape Yacht Club owners getting airdropped these coins only to sell them off immediately for basically free money. But few things have come up that suggest ApeCoin might just have been a one-off, the […]
LAUSANNE, SWITZERLAND, Apr 5, 2022 - (ACN Newswire) - Swiss financial intermediary and FinTech platform YOUHODLER announce the listing of the popular ApeCoin (APE) to the platform. As of today, all clients can buy, exchange, trade, lend, and earn APE. Furthermore, YouHodler is offering a limited-time savings account interest rate of 30% APR for all APE deposits. These rates are available until April 30th. After that date, the interest rates will decrease to 3% APR plus compound.
What is ApeCoin (APE)?
ApeCoin (APE) is the native governance token that powers the APE ecosystem. The APE ecosystem includes two of the most popular NFT communities, the Bored Ape Yacht Club (BAYC) and the Mutant Ape Yacht Club (MAYC).
APE is an ERC-20 utility token that aims to incentivize the decentralized community. Furthermore, ApeCoin holders are said to govern themselves and the community with the help of the ApeCoin DAO - a decentralized autonomous organization. In the DAO, ApeCoin holders can vote on the evolution of the ApeCoin ecosystem and how it should be used.
Yuga Labs, the brains behind ApeCoin, say that APE utility will soon include using it for in-game purchases, merchandise, services, and events in the metaverse and ApeCoin ecosystem. Due to the popularity of BAYC and MAYC, ApeCoin has a volatile introduction to the world. For those looking to activate their crypto portfolio and play with this volatility, visit YouHodler today.
About ApeCoin
The APE Foundation is the steward of ApeCoin. It is not an overseer, but the base layer on which ApeCoin holders in the ApeCoin DAO can build.
The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community's ideas have the support they need to become a reality.
The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way. It utilizes the Ecosystem Fund, which is controlled by a multi-sig wallet, to pay its expenses as directed by the ApeCoin DAO and provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.
About YouHodler
YouHodler FinTech platform is focused on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, DAI, HUSD), crypto/fiat, and crypto/crypto conversions The platform supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and other popular cryptocurrencies and tokens. User's digital assets are safely guarded with Ledger Vault's advanced custody and Fireblocks security options.
While NFT hacks have been observed mainly on the NFT marketplaces in the past, the Bored Ape Yacht Club (BAYC) on 1 April witnessed the same on its Discord. The incident created a panic within the community. BAYC hack cost a MAYC Surprisingly, the hacker managed to steal a Mutant Ape Yacht Club (MAYC) NFT. […]
The ‘Queen of Pop,’ Madonna has revealed she has “entered the metaverse” after she acquired the non-fungible token (NFT) collectible Bored Ape #4988. According to onchain data, Madonna’s Bored Ape #4988 was purchased for 180 ether or $564K at the time of settlement. Madonna Says She ‘Finally Entered the Metaverse’ Madonna is the latest celebrity […]
Hollywood star Sylvester Stallone will launch an NFT collection featuring Rocky and Rambo and will offer exclusive perks for its holders including meet and greet with the actor himself so let’s read more in today’s latest altcoin news. Sylvester Stallone will join the list of celebrities selling NFTs to their fans and he created the […]
Hollywood star Sylvester Stallone will launch an NFT collection featuring Rocky and Rambo and will offer exclusive perks for its holders including meet and greet with the actor himself so let’s read more in today’s latest altcoin news. Sylvester Stallone will join the list of celebrities selling NFTs to their fans and he created the […]