Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’  

2 years ago

Since the token was launched astir 3 days ago, the integer currency apecoin (APE) has been a topical speech wrong the cryptocurrency assemblage connected forums and societal media. So far, conscionable implicit 82% of the claimable APE has been claimed and 13,672 unsocial addresses person received APE from the airdrop. Meanwhile, the Bored Ape Yacht Club (BAYC) creators person shared a video showing a BAYC metaverse with an assortment of different fashionable non-fungible token (NFT) characters.

Eligible Claimants Ape Into the Apecoin Airdrop, More Than 82% of Claimable APE Has Been Acquired

This week, there’s been a batch of absorption connected a caller crypto plus called apecoin (APE) arsenic it was introduced connected March 17, 2022, by the Apecoin DAO. Bitcoin.com News reported connected the Apecoin DAO and explained however millions of apecoin tokens were airdropped to NFT owners. More specifically, Apecoin DAO disclosed that “15% of the full proviso of apecoin volition beryllium made disposable to [Bored Ape Yacht Club] NFT holders (Bored Apes and Mutant Apes, arsenic good arsenic BAKC dogs paired with either BAYC oregon MAYC).”

Animoca Brands, Yuga Labs Tease Bored Ape Secret Project 'Powered by Apecoin'Currently, apecoin (APE) has a marketplace capitalization of astir $1.53 cardinal with a circulating proviso of 131,188,484 APE. APE is held by 28,681 owners contiguous and astatine the clip of writing, the ERC20 has recorded 157,982 onchain transactions since its inception.

At the clip of writing, 82.25% of the claimable 15% of apecoins has been acquired by NFT owners. 15,182 unsocial addresses are eligible to assertion APE and to date, 13,672 addresses person claimed tokens. Currently, apecoin (APE) has been hovering wrong the apical 100 coin marketplace caps contiguous with a marketplace valuation of $1.53 billion. In the expansive strategy of the full $1.9 trillion crypto system APE represents 0.08% of that value. On Saturday, APE has seen adjacent to $2 cardinal successful planetary commercialized measurement with Binance being the apical speech successful presumption of APE commercialized volume.

Yuga Labs Teases Metaverse Video With Popular NFT Characters, Animoca Brands Hints astatine Apecoin Secret Project

While NFT owners assertion the remainder of the APE that tin beryllium claimed and traders swap APE connected exchanges, Yuga Labs has teased a video concerning the coin’s usage case. “See you connected the Otherside successful April. Powered by @apecoin,” Yuga Labs’ connection accompanying the video explained. The video showcases a Bored Ape drinking a magic potion that brings him to a antithetic satellite filled with different NFT characters.

See you connected the Otherside successful April. Powered by @apecoin pic.twitter.com/1cnSk1CjXS

— Yuga Labs (@yugalabs) March 19, 2022

As the fashionable opus by the Doors “Break connected Through” plays successful the background, the prima BAYC quality successful the video is greeted by a submarine-like conveyance filled with NFTs that see Cryptopunks, Cryptoadz, Nouns, Mutant Ape Yacht Club (MAYC), Cool Cats, World of Women (WoW), and Meebits characters. On March 17, Animoca Brands tweeted that it had thing up its sleeve successful respect to apecoin (APE). The institution stated:

Animoca Brands is excited to denote that we’ll beryllium adopting [apecoin] for the concealed task we’ve been processing with [Bored Ape Yacht Club].

While the registration website somethingisbrewing.xyz says to link to Metamask, it besides says: “Connect to get KYC-verified. If you’ve antecedently been verified with Blockpass, you won’t request to re-apply.”

Animoca Brands besides near a nexus with the tweet to a URL called somethingisbrewing.xyz wherever radical tin register. The web portal showcases akin visuals that tin beryllium recovered successful the precocious teased Yuga Labs’ video. Visitors who privation to registry request to leverage the Metamask wallet but besides get KYC-verified via Blockpass. The institution is simply a KYC & AML screening software-as-a-service steadfast dedicated to crypto assets and decentralized concern (defi).

The blockchain steadfast Animoca Brands revealed its collaboration with Blockpass successful September 2021 erstwhile the institution stated it was leveraging the firm’s KYC instrumentality to “verify NFT prize winners.” Yat Siu, the co-founder and president of Animoca Brands, said Blockpass exertion tin bring a “higher level of compliance” to the NFT ecosystem.

What bash you deliberation astir apecoin and the caller video teaser published by Yuga Labs? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 5,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Bored Ape Yacht Club, BAYC, Apecoin logo,

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