Bitget Wallet added support for BAYC ecological token
Bitget Wallet (Previously BitKeep) added support for BAYC ecological token.
March 18, 2022 — Bitget Wallet (Previously BitKeep) added support for BAYC ecological tokenBitget Wallet (Previously BitKeep) added support for BAYC ecological token Bored Ape Yacht Club held its ITO at 20:30(GMT+8) last night, and get listed on Bitget Wallet (Previously BitKeep), ApeCoin, Coinbase\FTX, etc. shortly after. The token received warm response, with an overnight increase of 102.15%, and the token value rose to 14.825U. Bitget Wallet (Previously BitKeep) added support for BAYC ecological token. Launch Bitget Wallet (Previously BitKeep) and tap Add Coin, search for APE and tap the plus (+) sign, then you can see it’s in your list. Go back to the Wallet page, tap APE to enter the Details page to check out relevant information. You can jump to the K-line chart with one tap to view its performance and make a transaction.
ApeCoin is owned and operated by ApeCoin DAO. Each token holder has the right to vote on the governance and use of the fund. Holding ApeCoin is necessary for one to join ApeCoin DAO. The DAO is funded by the Ape Foundation, which was created to act as the legal steward of ApeCoin and administer decisions reached by the ApeCoin DAO community.
In terms of distribution, 62% of the total supply of ApeCoin is allocated to the ApeCoin community, and 15% of the total supply is allocated to BAYC/MAYC holders.
ApeCoin (APE) is an ERC-20 token used within the APE ecosystem. ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO. The utility of ApeCoin includes:
Governance: ApeCoin serves as a governance token for the ApeCoin ecosystem, allowing ApeCoin holders to participate in the ApeCoin DAO.
Current token: ApeCoin is a utility token in the ecosystem, providing a common instrument for all participants.
Access: ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, items, events and services.
Incentives: ApeCoin is used to encourage third-party developers to participate in the ecosystem by integrating APEs into services, games, and other projects.
Three organizations behind ApeCoin
There are three organizations behind ApeCoin, namely the APE Foundation, ApeCoin DAO, and the Board of Directors.
APE Foundation is the administrator of ApeCoin, it is not a supervisor, but a supporter to the ApeCoin holders in ApeCoin DAO. It is tasked with administering the decisions of the ApeCoin DAO and is responsible for day-to-day stewardship, record keeping, project execution and other tasks to ensure that the ideas of the DAO community are supported and realized.
The ApeCoin DAO exists because decentralized governance is essential to building and managing a globally decentralized community, and the APE Improvement Proposal Process will allow ApeCoin DAO members to discuss and decide on fund allocations, governance rules, projects, partnerships, and more. ApeCoin DAO membership is available to all ApeCoin holders.
The Board of Directors is a special committee of the APE Foundation, at the request of the ApeCoin DAO members, to supervise the administration of the Foundation, implement DAO proposals, and serve the community. The initial board term is 6 months, after which DAO members will vote on board members annually.
About Bitget Wallet (Previously BitKeep)
Bitget Wallet (Previously BitKeep), as the top decentralized multi-chain digital wallet in Asia, integrates Wallet, Swap, NFT Market, DApp and Discover in a single location. Bitget Wallet (Previously BitKeep) now serves more than 5 million users worldwide, covering nearly 168 countries in North America, Europe, and Asia. With 40+ main chains, 10,000+ DApps, 1,000,000 NFTs and 45,000+ tokens supported, Bitget Wallet (Previously BitKeep) is dedicated to creating the world’s largest decentralized traffic gateway.
Bitget Wallet (Previously BitKeep): https://bitkeep.com/
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