$APE
ApeCoin serves as a utility token for the APE ecosystem. Token holders have a stake in the development of the organization. They can use it to acquire new products and services, such as a "play-to-earn" game being developed by BAYC and nWay. Additionally, ApeCoin is accepted in the Benji Bananas game by Animoca Brands.
A selection of Web3 veterans, as well as opinion leaders in technology and gaming, act as the special board of this Decentralized Autonomous Organization (DAO). The board is responsible for overseeing the decisions of the DAO members.
As an Ethereum token, APE can be used in four different ways:
Governance: ApeCoin is the governance token of ApeCoin DAO and allows token holders to vote on decisions within the community.
Currency: ApeCoin is also the utility token of the APE ecosystem and can be used to acquire goods and services.
Access: ApeCoin will also function as an access token that provides entry to specific parts of the ecosystem, such as exclusive events and games.
Incentive: ApeCoin is a tool for third-party developers to participate in the ecosystem. This can be achieved by integrating APE into services, games, and other projects.