{"id":445762,"date":"2022-05-11T22:00:00","date_gmt":"2022-05-11T19:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/what-is-apecoin\/"},"modified":"2022-05-11T22:00:00","modified_gmt":"2022-05-11T19:00:00","slug":"what-is-apecoin","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/what-is-apecoin\/","title":{"rendered":"#What Is ApeCoin?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2e7381d7732\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2e7381d7732\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-apecoin\/#%E2%80%9CWhat_Is_ApeCoin%E2%80%9D\" >&#8220;What Is ApeCoin?&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-apecoin\/#The_Bored_Ape_Yacht_Club\" >The Bored Ape Yacht Club<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-apecoin\/#web3_and_the_Metaverse\" >web3 and the Metaverse<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-apecoin\/#Not_Your_Average_Memecoin\" >Not Your Average Memecoin<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CWhat_Is_ApeCoin%E2%80%9D\"><\/span>&#8220;What Is ApeCoin?&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<figure style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"type:primaryImage size-full wp-image-803779\" data-pagespeed-lazy-srcset=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_2148759395.png?width=398&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 400w, https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_2148759395.png?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 1200w\" sizes=\"auto, 400w, 1200w\" data-pagespeed-lazy-src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_2148759395.png?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"ApeCoin coins.\" width=\"1200\" height=\"675\" src=\"\/pagespeed_static\/1.JiBnMqyl6S.gif\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"type:primaryImage imagecredit\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shutterstock.com\/image-vector\/apecoin-ape-coins-falling-sky-cryptocurrency-2148759395\">WindAwake\/Shutterstock.com<\/a><\/span><\/figcaption><\/figure>\n<p>ApeCoin has recently captured the public\u2019s attention like many other memecoins. However, unlike Dogecoin or Shiba Inu, ApeCoin might actually provide some real utility and be here for the long haul.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"The_Bored_Ape_Yacht_Club\"><\/span>The Bored Ape Yacht Club<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apecoin.com\/about\">ApeCoin (APE)<\/a>\u00a0is an Ethereum-based token linked to the Bored Ape Yacht Club NFTs. Bored Ape Yacht Club NFTs are one of the most successful NFT projects to date. Bored Apes have sold for unthinkable prices. Their notoriety amongst celebrities and high-profile NFT collectors has bolstered their astronomic rise.<\/p>\n<p>If you want to purchase a Bored Ape in May 2022, you would need roughly $300,000 for the cheapest one. The most expensive Bored Ape sold for more than $2 million.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"web3_and_the_Metaverse\"><\/span>web3 and the Metaverse<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As Bored Apes became mainstream, the company behind them, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.yuga.com\/\">YugaLabs<\/a>, used the momentum to launch new web3 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications. It has already launched its own metaverse, dubbed the Otherside. YugaLabs plans to take it even a step further and create an entire community based around web3 and blockchain technologies.<\/p>\n<p>To kick off their ambitious goals, YugaLabs airdropped the newly minted ApeCoin to holders of Bored Apes.\u00a0 For every Bored Ape owned, holders received 10,094 ApeCoins. Based on the price at the time of the original airdrop that was about $70,000. YugaLabs used the blockchain to find all wallet addresses of Bored Ape buyers and deposited ApeCoin. Owners literally woke up on March 17th to tens of thousands of dollars in their wallets.<\/p>\n<p>ApeCoin will be the default currency for all things related to the Bored Ape community. In late April 2022, YugaLabs launched an auction for \u201cland\u201d in the Otherside. There were 55,000 land deeds minted as an NFT. One deed represented one plot of land in the Otherside. Plots could only be purchased with ApeCoin. Each deed was priced at 305 ApeCoins.<\/p>\n<p>The auction of virtual land was a hit. It generated $300 million in sales from the initial release and another $300 million in resales in the post-market. The demand for land in the Otherside was responsible for the largest amount of traffic on the Ethereum blockchain this year.<\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-803780\" data-pagespeed-lazy-src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_2144108693.png?trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"The Bored Ape Yacht Club logo on a phone at a party.\" width=\"1200\" height=\"675\" src=\"\/pagespeed_static\/1.JiBnMqyl6S.gif\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"imagecredit\">T. Schneider\/Shutterstock.com<\/span><\/figcaption><\/figure>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"Not_Your_Average_Memecoin\"><\/span>Not Your Average Memecoin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>YugaLabs announced that the token will also be used as the governance token for the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apecoin.com\/governance\">ApeCoin DAO<\/a>. Holders will be able to vote on relevant topics ranging from the allocation of funds to what future endeavors the DAO should embrace.<\/p>\n<p>Due to the large following of the Bored Ape Yacht Club and YugaLabs\u2019 plans to make ApeCoin the default currency for all their web3 projects, this cryptocurrency might stick around.<\/p>\n<p>If interested in purchasing ApeCoin there are a handful of popular exchanges to do so. Coinbase, Gemini, Binance, Uniswap, and FTX all list ApeCoin. There are plenty more <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apecoin.com\/exchanges\">exchanges you can purchase ApeCoin on<\/a>.<\/p>\n<\/div>\n<p><script>\n setTimeout(function(){\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s) } (window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n   fbq('init', '335401813750447');\n   fbq('track', 'PageView');\n  },3000);\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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However, unlike Dogecoin or Shiba Inu, ApeCoin might actually provide some real utility and be here for the long haul. The Bored Ape Yacht Club ApeCoin (APE)\u00a0is an Ethereum-based token linked to the Bored Ape Yacht Club NFTs. Bored Ape&#8230;<\/p>\n","protected":false},"author":1,"featured_media":445763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_2148759395.png?height=200p&trim=2,2,2,2","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-445762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/445762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=445762"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/445762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/445763"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=445762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=445762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=445762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}