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.

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To be clear, AIPs returning value back to the ApeCoin DAO and/or the APE Foundation are permissible, provided that appropriate structuring and documentation are conducted.

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To be clear, AIPs returning value back to the ApeCoin DAO and/or the APE Foundation are permissible, provided that appropriate s

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🚨PUBLIC ANNOUNCEMENT 🚨

Due to a lack of clarity, there has been a general assumption amongst the APE community that any APE Improvement Proposals (AIPs) returning value back to the ApeCoin DAO and/or the APE Foundation are untenable.

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PUBLIC ANNOUNCEMENT.

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