✅ApeCoin Token Airdrop Rules and Claim Tutorial ApeCoin

Note: Not Financial Advice, Do Ur Own Research

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Culture has found new expression in web3 through art, gaming, entertainment, and events. The possibilities for blockchain’s impact on culture are so endless that they can’t possibly all be predicted yet. APE is a token made to support what’s next, controlled and built on by the community. It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse.

The Three Organizations Behind ApeCoin

There are three entities behind ApeCoin, and they are the APE Foundation, the DAO, and the Board respectively.

The APE Foundation is the steward of ApeCoin. It is not an overseer, but the base layer on which ApeCoin holders in the ApeCoin DAO can build. It is tasked with administering the decisions of the ApeCoin DAO, and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality.

ApeCoin DAO exists because decentralized governance is critical to building and managing a globally dispersed community. The APE Improvement Proposal Process will allow ApeCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. ApeCoin DAO membership is open to all ApeCoin holders.

The Board is a special council on the APE Foundation, which provides, at the behest of the ApeCoin DAO members, oversight of the Foundation administrators. The purpose of the Board is to administer DAO proposals and serve the vision of the community. The initial Board serves a term of six months, after which DAO members will vote annually on Board members.

Current board members include:

Alexis Ohanian Co-founder of Reddit; General Partner & Founder of Seven Seven Six (VC)

Amy Wu Head of Ventures & Gaming at FTX

Maaria Bajwa Principal at Sound Ventures

Yat Siu Co-founder & Chairman of Animoca Brands

Dean Steinbeck President & General Counsel at Horizen Labs

ApeCoin

ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem. As the open-source protocol layer of the ecosystem, ApeCoin serves several purposes:

Governance ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO.

Unification of Spend ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency.

Access ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services.

Incentivization ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.

APECOIN ALLOCATION

The total supply of ApeCoin is permanently fixed at 1 billion tokens. In line with the standard practice, a portion of the tokens for contributors to the project will be initially locked. Locked tokens will be unlocked over a period of 48 months, in accordance with the predetermined unlock schedule in the chart below, starting on launch day, March 17, 2022.

ApeCoin will be distributed among four main groups, as detailed in the chart below.

ECOSYSTEM FUND (62%): 150,000,000 tokens (15%) to BAYC/MAYC, and all unlocked for claim at launch; 470,000,000 tokens (47%) to DAO treasury and resources, and 117,500,000 unlocked at launch, then 7,343,750 unlocked per month for 48 months.

YUGA LABS + CHARITY (16%): 15% to Yuga Labs, and 1% donated to the Jane Goodall Legacy Foundation. Both initial lock-up 12 months, then unlocked per month for 36 months.

LAUNCH CONTRIBUTORS (14%): to the companies and people that helped make this project a reality.

BAYC FOUNDERS (8%): to the four founders, initial lock-up for 12 months, then unlocked per month for 36 months.

As for airdrops, Tokens will be allocated to BAYC/MAYC members via the claim page starting on March 17, 2022 at 8:30AM ET. Bored Ape only：10,094 tokens Mutant Ape only：2,042 tokens Bored Ape + Kennel Club (token IDs do not need to match)：10,950 tokens Mutant Ape + Kennel Club (token IDs do not need to match)：2,898 tokens

The airdrop claim tokens associated with any NFT can only be claimed once.

The above content is taken from: https://www.grenade.tw/blog/bayc-apecoin/, and you can click to view the details.

Ape token claim tutorial:

1、Open TokenPocket, click “DApp Browser”, fill in the claim link at the top: https://apecoin.com/ and open it.

2、The interface is very simple, with a rotating Ape token logo, click the “MENU” in the upper right, and select “CLAIM” to enter the claim page.

3、when opening the claim page, it will automatically detect whether you are eligible or not. Calculate the number of Ape tokens you can claim according to the qualification. Click “CLAIM TOKENS” and approve on the pop-up. Here you can click the gas fee option to claim your tokens as you like. Higher gas fees mean success more quickly.

Unique contract address for Ape token:

0x4d224452801ACEd8B2F0aebE155379bb5D594381