
The Bored Ape Yacht Club has officially launched ApeCoin ($APE), a token for culture, gaming, and commerce that will be utilized to support a decentralized network at the front of web3. The ApeCoin DAO, a decentralized organization in which each token holder has a vote on the governance and use of the Ecosystem Fund, owns and operates ApeCoin. The sole condition for ApeCoin DAO membership is that you must have ApeCoin.