APE is a token made to support new expression in web3 through art, Apecoin will serve as a decentralized protocol through blockchain layer for community led initiatives that drive culture forward into the metaverse.
The APE Foundation is the steward of ApeCoin. The founder of ApeCoin is Yuga Labs, the team behind BAYC NFT collections. The total supply of ApeCoin is permanently fixed at 1 billion tokens. The goal is the contract interface does not expose any token burning capability, so the total supply will never decrease. ApeCoin will be distributed among four main groups:
- ECOSYSTEM FUND 62% (BAYC/MAYC NFT holders and treasury/resources),
- YUGA LABS + CHARITY 16% (The company behind BAYC and continuing contributor),
- LAUNCH CONTRIBUTORS 14% (The companies and people that helped make this project a reality) and
- BAYC FOUNDERS with 8% (The ones who put the Ape in ApeCoin, the four founders of Yuga Labs and BAYC).
ApeCoin is a new type of addition to the crypto ecosystem and draws many references to the use of non-fungible tokens. Based on the historical price movements of ApeCoin and the Bitcoin halving cycles of high and low graphs. APE has been successful in distribution of around 150,000,000 tokens to the BAYC NFT owners in their airdrop mechanism. Bored Ape NFT owners can receive around 10,950 APE tokens, which is around 15% of the total marked ratio.
APECOIN Airdrop
The APECOIN airdrop has outlined specific eligibility requirements that participants must meet in order to claim the free token rewards:
Participants can check if they meet the $APE airdrop eligibility through Dappradar website.
Step 1: Accessing DappRadar Website
Open Dappradar website and click the claim your apecoin airdrop. many of the airdrop claims are given tokens as per the lucky draw, so just check out how lucky you are. All are time bound claims, so check the expiry time so that you will not miss that claim.
Step 2: Setup your Web3 wallet
Once you click the claim then setup your Web3 wallet by connecting the wallet, incase if you dont find the wallet, click All Wallets link, to see the list, or else you can search with the wallet name.
Step 3: Claim Process
Once you linking your wallet, then claim your $APE airdrop seamlessly. Take advantage of this apecoin airdrop opportunity to increase your crypto portfolio. Apecoin airdrop presents an excellent opportunity to earn free tokens on a new platform. Registration is the first step to get free $APE token allotment directly in your wallet. So do not miss this great opportunity for the free Apecoin.
