BAYC's ApeCoin up 50% this week as its creator raises $450M in new funding

México Noticias Noticias

BAYC's ApeCoin up 50% this week as its creator raises $450M in new funding
México Últimas Noticias,México Titulares
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

ApeCoin price rebound continues as its creator raises $450M from big VCs.

, via an"airdrop" backed by Yuga Labs, the creator of the Bored Ape Yacht Club , a collection of nonfungible tokens popular among celebrities, sportsman, and venture capitalists alike for its so-called status symbol.150 million APE — out of the total 1 billion created — among the owners of the Bored Ape NFTs, with each getting 10,904 tokens, worth over $158,000 as of Thursday, for"free.

Meanwhile, owners of rarest BAYC NFTs, the"Mutant Apes," received 2,042 APE, which costs around $30,000 as of today's price. The firm projects APE as a governance and utility token to allow its holders to oversee and manage the so-called ApeCoin DAO, a decentralized autonomous organization. As a result, holding an APE gives users the right to vote on decisions proposed within the BAYC ecosystem.

"It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse," reads anThe ApeCcoin community has issued 5 proposals, including the DAO structure; the voting process; the allocation of the ecological budget; the rules for staking and the allocation of staking pool. More than half of the budget goes to the game development.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Cointelegraph /  🏆 562. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Bored Ape's Yuga Labs Raised US$450M in Funding at US$4B ValuationBored Ape's Yuga Labs Raised US$450M in Funding at US$4B ValuationWylie Aronow of Bored Ape Yacht Club, describes the forthcoming universe as “an interoperable world” that is “gamified” and “completely decentralised”. NFT BAYC Blockchain cryptocurrencies crypto
Leer más »

NFT creator Yuga Labs raises $450M, bringing company valuation to $4BNFT creator Yuga Labs raises $450M, bringing company valuation to $4BThe company that launched the Bored Ape Yacht Club is now valued at $4B after an astonishing $450 raise. Looks like these apes might be getting actual yachts.
Leer más »

Bored Apes Owner Yuga Labs Raises $450M Led by A16zBored Apes Owner Yuga Labs Raises $450M Led by A16z.boredapeyc creator yugalabs has raised $450 million to build out its NFT-based gaming metaverse in a funding round led by a16z. elitanjourno reports
Leer más »

NFT creator Yuga Labs raises $450M, bringing company valuation to $4BNFT creator Yuga Labs raises $450M, bringing company valuation to $4BThe company that launched the Bored Ape Yacht Club is now valued at $4B after an astonishing $450 raise. Looks like these apes might be getting actual yachts.
Leer más »

New Edition, Tyler, the Creator top the list of 50 Houston concertsNew Edition, Tyler, the Creator top the list of 50 Houston concertsHere are the major shows hitting Houston area stages over the next week.
Leer más »

Bored Ape's Yuga Labs Raised US$450M in Funding at US$4B ValuationBored Ape's Yuga Labs Raised US$450M in Funding at US$4B ValuationWylie Aronow of Bored Ape Yacht Club, describes the forthcoming universe as “an interoperable world” that is “gamified” and “completely decentralised”. NFT BAYC Blockchain cryptocurrencies crypto
Leer más »



Render Time: 2025-03-13 00:45:06