The Diary Game 30/03/2022 - What is Apecoin (APE)? APE Details about cryptocurrencies.

alein (70)memberin Italy • 3 years ago

Apecoin is a very hot project lately, when it was listed simultaneously on many major exchanges, including Binance, FTX, Coinbase...

So, what is the hot Apecoin project, let's find out together in this post.

What is Apecoin?

Apecoin is a decentralized governance token (DAO) from the 2 largest NFT collections on the Ethereum platform are Bored Ape Yatch Club (BAYC) and Mutant Ape Yatch Club (MAYC).

Apecoin is a community-controlled token. It will serve as a decentralized protocol level for community-led initiatives to promote an in-depth Metaverse project culture.

EPA Foundation

The APE Foundation is ApeCoin's governing body composed of APE chip holders in DAO ApeCoin. The organization's mission is to manage ApeCoin's DAO decisions and is responsible for project management and other tasks to ensure that community ideas are supported.

The EPA Foundation uses the Ecosystem Fund, controlled by a multi-portfolio, to pay its expenses according to ApeCoin DAO's instructions and to provide the infrastructure for ApeCoin holders to participate in its governance.

DAO

ApeCoin DAO is a decentralized governance organization that contributes to building a globally distributed community and is crucial to the success of the EPA ecosystem. ApeCoin DAO members can suggest improvements or make decisions about the allocation of the Ecosystem Fund, governance rules, partnerships and more.

Council

The Council will manage the ApeCoin DAO proposals and serve the vision of the community. The Board will serve a six-month term, after which DAO members will vote annually to select new Board members.

Token utility

ApeCoin is an ERC-20 governance and utility token used in the EPA ecosystem, so that holders can enjoy special benefits and empower them to build a leading decentralized community. web3.

Solana Labs is cooperating with the "giant" of the Korean gaming industry, the price of SOL rises above $ 100

Krafton, a South Korean company that develops and distributes video games based in Seongnam, announced today that it has signed a partnership agreement with Solana Labs. Specifically, according to the announcement, Krafton and Solana Labs will jointly build games based on blockchain technology and released NFT. In addition, Krafton is committed to promoting, designing and investing in game projects.

Through this partnership, Krafton will gain the information needed to accelerate investment in potential blockchain gaming projects and enhance the user experience of blockchain gaming," said Krafton representative Hyungchul.Park.

In his February report, Krafton said it had grossed more than $ 2 billion in $ 1.57. One of Krafton's most popular titles is PUBG Mobile, which grossed $ 1.18 billion. Krafton joins other game developers such as Square Enix and Ubisoft to explore new opportunities in the blockchain game industry.