Apecoin is a community-controlled token designed to support what comes next. It will act as a decentralized protocol layer for initiatives led by the community that move culture into the metaverse and also ApeCoin is an ERC-20 governance and utility token that supports decentralized community formation at the cutting edge of web3 all within the APE ecosystem

There are three aspects of Apecoin you should know, these include; DAO, the Board, and the Foundation. these concepts are very important.

The DAO
ApeCoin community governs itself via the ApeCoin DAO, the decentralized governance framework that supports the Ecosystem Fund.


The DAO follows a proposal process to vote on how the Ecosystem Fund will be distributed by the APE Foundation to promote a diverse and self-sustaining ecosystem.

The BOARD
A special council on the APE Foundation (the DAO’s Board) provides and oversees the Foundation administrators. The purpose of the Board is to administer DAO proposals and serve the vision of the community

The FOUNDATION
The APE foundation is the base layer on which ApeCoin holders in the ApeCoin DAO can build. The APE foundation also facilitates decentralized and community-led governance and is designed to become more decentralized over time. 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

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