After months of speculation, the $APE token has arrived.
$APE is going live today on eToro, giving all users the chance to take advantage of a unique opportunity in the APE ecosystem.
What is Bored Ape Yacht Club (BAYC)?
BAYC is a collection of 10,000 cartoon ape NFTs that double as membership cards.
The avatars have rapidly become pop culture favorites. Eminem, Snoop Dogg, Justin Bieber and dozens of other celebrities have joined the club, and creator Yuga Labs is represented by veteran talent manager Guy Oseary, whose clients include Madonna and U2.
From a mint price of only 0.08, they now sell for upwards of 100 ETH, reflecting their status as one of the most highly prized NFT projects that has pioneered the category of blockchain-based collectibles.
Among the exciting features, the avatars give owners full commercialization rights, allowing them to print the ape on anything — from skateboards to mugs and tee shirts — and sell it for commercial gain. This intellectual property has helped make the apes a key part of Adidas’ metaverse strategy, and attracted artists such as songwriter Timbaland, whose latest venture is centered around the NFTs.
The ApeCoin (APE) token
$APE is the token of the APE ecosystem.
According to the team, the token will include “dope utility and governance” and offer unique benefits to club members, along with functionality to help “bring the [APE] ecosystem to a much wider audience.” Note: Users who hold $APE tokens on eToro will not be able to use the governance or utility functions.
Sign up to eToro to be one of the first to own $APE.
Please note that this is not available in the US and may not be available in other jurisdictions.