This is an asset created according to the ERC-20 standard on the Ethereum blockchain. He plays the role of a token manager within a decentralized organization and the APE Foundation. Digital currency is also actively used to promote the concept of the metaverse. The coin is associated with the BAYC NFT collection. The developers claim that the currency will be used for the following purposes: encouraging users to be active in the system, optimizing costs, the ability to manage (voting rights), to pay for services, applications and goods.

APE news today, ApeCoin crypto latest news of token ticker

ApeCoin

🧵 We are excited to release our new product: Karma Actions! It's actions DAOs can take based on contributor activity with the goal to govern efficiently. 

⭑ Automatic Discord/Forum Role management
⭑ Contribution Based Voting
⭑ Proposal Gating w/ Endorsements

More details👇

Twitter

📢 gm everyone! Last week, we rolled out Karma Actions. Our friends over at @apecoin are running some Governance experiments and we wanted to highlight their $Ape Assembly initiative and walk through how Actions helps their new program 👇

gm everyone. Last week, we rolled out Karma Actions.