ApeCoin By Yuga Labs Is Launching Today, Listed at the Top Crypto Exchanges

Yuga Labs is set to release its very cryptocurrency, ApeCoin, an ERC-20 governance and utility token. Yuga Labs is the owner of the Bored Apes Yacht Club (BAYC), CryptoPunks and Meebits following the rights acquisition from Larva Labs.

The Bored Apes NFT collection value was boosted following the acquisition, attaining a floor price of 107 ETH. At the time of this writing, BAYC NFTs are among the most sought collections in the market.

In the past 24 hours BAYC NFTs in OpenSea saw a +1,331% volume increase, which stands at 21,657 ETH at the time of this writing.

source: OpenSea

ApeCoin Listings on Exchanges

ApeCoin was announced yesterday in BAYC official twitter account. ApeCoin is garnering a lot of attention from cryptocurrency investors. As the Bored Apes collection is highly valued, crypto traders are preparing to buy ApeCoin upon its release.

You can buy ApeCoin at OKX according to the website.

Deposits for ApeCoin have already began at OKX:

“OKX is pleased to announce the listing of ApeCoin’s APE token on our spot trading markets. Trading of APE will start according to the following schedule:

“APE deposits open at 09:30 pm UTC on March 16. Spot trading for APE/USDT will open once the deposits meet the minimum liquidity requirement.

“APE withdrawals open at 10:00 am UTC on March 18.

“APE acts as an open-source protocol layer for the APE ecosystem and allows third-party developers to integrate APE into new and existing projects (services, blockchain-based games, etc.).

“APE was launched with the intent of handing control of the APE ecosystem to existing BAYC and MAYC NFT holders, expanding the APE ecosystem to include a broader user base, supporting the creation and development of new products and services to enhance the ecosystem, and promoting decentralized community governance in the form of the DAO.”

source: OKX

Binance ApeCoin Listing

Binance tweeted that it will also open APE for trading in its platform.

source: twitter

Binance will open APE for trading today, 17 Match at 14:30 UTC.

Kraken ApeCoin Listing

Kraken will also list APE on its crypto trading platform. However, Kraken stresses that Japanese investors will be unable to participate in its  exchange 
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading.

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading.
Read this Term.

source: twitter

FTX ApeCoin Listing

FTX, among the largest crypto exchanges in today’s markets also announced ApeCoin will be listed in their platform, spot trading and perpetual futures.

Trading starts: March 17th, 2022 at 12:30pm (UTC)

Trading pairs: APE/USD, APE-PERPD

Deposits and withdrawals will open on March 17th, 2022 at 12:30pm (UTC)

source: FTX

APE is expected to be one of the biggest coin listings in 2022. Investors from all over the world will be focusing on the listings when available.

source: twitter

According to ApeCoin official twitter account, the contract address is:

0x4d224452801ACEd8B2F0aebE155379bb5D594381

The token claim will only begin at 08:30am ET. Please note the ApeCoin address is on the Ethereum blockchain. CoinMarketCap already listed APE although trading has not been officially opened.

source: CoinMarketCap

At the time of this writing there are no confirmations whether ApeCoin will be listed on PancakeSwap or Uniswap.

ApeCoin will be based on  Decentralized Autonomous Organization (DAO 
Decentralized Autonomous Organization (DAO)

Decentralized Autonomous Organization (DAO), is an entity that is governed by decentralized technology. Launched in 2016 after one of the largest crowdfunding campaigns ever, DAO aimed to provide a new decentralized business model for commercial and non-profit enterprisesDAO also attempted to “hard-code” rules and practices into their technological DNA, i.e. the rules that are used to govern an organization are enforced digitallyFor example, a DAO’s system of smart contracts could be used to automatically set aside a portion of a project’s profits for a charitable cause.Other instances of utility include CEO’s position having to be re-evaluated by a blockchain-based vote every two years.DAO’s code is open source and was initiated on the Ethereum blockchain, boasting no conventional management structure or board of directors.DAO Setbacks and Influence on EthereumEven from its inception, DAO was met with many setbacks and concerns. As a stateless entity, DAO is not tied to any particular country. As a result, the question of regulatory jurisdiction remains convoluted.Perhaps its biggest setback came in June 2016 when users exploited a vulnerability in DAO’s code.This allowed user to siphon off over 30% of The DAO’s funds to a subsidiary account. As a result, the Ethereum community decided to hard-fork the Ethereum blockchain a month later to restore virtually all funds to the original contract.This move itself was controversial, with the original unforked blockchain being maintained as Ethereum Classic. Consequently, Ethereum has since operated on two separately, but active blockchains, each with its own cryptocurrency.

Decentralized Autonomous Organization (DAO), is an entity that is governed by decentralized technology. Launched in 2016 after one of the largest crowdfunding campaigns ever, DAO aimed to provide a new decentralized business model for commercial and non-profit enterprisesDAO also attempted to “hard-code” rules and practices into their technological DNA, i.e. the rules that are used to govern an organization are enforced digitallyFor example, a DAO’s system of smart contracts could be used to automatically set aside a portion of a project’s profits for a charitable cause.Other instances of utility include CEO’s position having to be re-evaluated by a blockchain-based vote every two years.DAO’s code is open source and was initiated on the Ethereum blockchain, boasting no conventional management structure or board of directors.DAO Setbacks and Influence on EthereumEven from its inception, DAO was met with many setbacks and concerns. As a stateless entity, DAO is not tied to any particular country. As a result, the question of regulatory jurisdiction remains convoluted.Perhaps its biggest setback came in June 2016 when users exploited a vulnerability in DAO’s code.This allowed user to siphon off over 30% of The DAO’s funds to a subsidiary account. As a result, the Ethereum community decided to hard-fork the Ethereum blockchain a month later to restore virtually all funds to the original contract.This move itself was controversial, with the original unforked blockchain being maintained as Ethereum Classic. Consequently, Ethereum has since operated on two separately, but active blockchains, each with its own cryptocurrency.
Read this Term). To maintain full transparency, the treasury addresses are available to all.

view all treasury addresses

The Board will consist of Alexis Ohanian, Amy Wu, Maaria Bajwa, Yat Siu and Dean Steinbeck. ApeCoin DAO members will be able to influence decisions in the Ecosystem Fund allocation, projects, partnerships, governance rules and more.

Becoming a DAO member is available to all ApeCoin holders.

8% of ApeCoin tokens (80 million) will be held by Yuga Labs founders. The tokens will be locked for 1 year, then approximately 2.2 million tokens will be unlocked per month for 36 months.

150,000,000 ApeCoins will be held by Yuga Labs, locked for 12 months and then 277,777.78 tokens released per month for 3 years.

Yuga Labs is set to release its very cryptocurrency, ApeCoin, an ERC-20 governance and utility token. Yuga Labs is the owner of the Bored Apes Yacht Club (BAYC), CryptoPunks and Meebits following the rights acquisition from Larva Labs.

The Bored Apes NFT collection value was boosted following the acquisition, attaining a floor price of 107 ETH. At the time of this writing, BAYC NFTs are among the most sought collections in the market.

In the past 24 hours BAYC NFTs in OpenSea saw a +1,331% volume increase, which stands at 21,657 ETH at the time of this writing.

source: OpenSea

ApeCoin Listings on Exchanges

ApeCoin was announced yesterday in BAYC official twitter account. ApeCoin is garnering a lot of attention from cryptocurrency investors. As the Bored Apes collection is highly valued, crypto traders are preparing to buy ApeCoin upon its release.

You can buy ApeCoin at OKX according to the website.

Deposits for ApeCoin have already began at OKX:

“OKX is pleased to announce the listing of ApeCoin’s APE token on our spot trading markets. Trading of APE will start according to the following schedule:

“APE deposits open at 09:30 pm UTC on March 16. Spot trading for APE/USDT will open once the deposits meet the minimum liquidity requirement.

“APE withdrawals open at 10:00 am UTC on March 18.

“APE acts as an open-source protocol layer for the APE ecosystem and allows third-party developers to integrate APE into new and existing projects (services, blockchain-based games, etc.).

“APE was launched with the intent of handing control of the APE ecosystem to existing BAYC and MAYC NFT holders, expanding the APE ecosystem to include a broader user base, supporting the creation and development of new products and services to enhance the ecosystem, and promoting decentralized community governance in the form of the DAO.”

source: OKX

Binance ApeCoin Listing

Binance tweeted that it will also open APE for trading in its platform.

source: twitter

Binance will open APE for trading today, 17 Match at 14:30 UTC.

Kraken ApeCoin Listing

Kraken will also list APE on its crypto trading platform. However, Kraken stresses that Japanese investors will be unable to participate in its  exchange 
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading.

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading.
Read this Term.

source: twitter

FTX ApeCoin Listing

FTX, among the largest crypto exchanges in today’s markets also announced ApeCoin will be listed in their platform, spot trading and perpetual futures.

Trading starts: March 17th, 2022 at 12:30pm (UTC)

Trading pairs: APE/USD, APE-PERPD

Deposits and withdrawals will open on March 17th, 2022 at 12:30pm (UTC)

source: FTX

APE is expected to be one of the biggest coin listings in 2022. Investors from all over the world will be focusing on the listings when available.

source: twitter

According to ApeCoin official twitter account, the contract address is:

0x4d224452801ACEd8B2F0aebE155379bb5D594381

The token claim will only begin at 08:30am ET. Please note the ApeCoin address is on the Ethereum blockchain. CoinMarketCap already listed APE although trading has not been officially opened.

source: CoinMarketCap

At the time of this writing there are no confirmations whether ApeCoin will be listed on PancakeSwap or Uniswap.

ApeCoin will be based on  Decentralized Autonomous Organization (DAO 
Decentralized Autonomous Organization (DAO)

Decentralized Autonomous Organization (DAO), is an entity that is governed by decentralized technology. Launched in 2016 after one of the largest crowdfunding campaigns ever, DAO aimed to provide a new decentralized business model for commercial and non-profit enterprisesDAO also attempted to “hard-code” rules and practices into their technological DNA, i.e. the rules that are used to govern an organization are enforced digitallyFor example, a DAO’s system of smart contracts could be used to automatically set aside a portion of a project’s profits for a charitable cause.Other instances of utility include CEO’s position having to be re-evaluated by a blockchain-based vote every two years.DAO’s code is open source and was initiated on the Ethereum blockchain, boasting no conventional management structure or board of directors.DAO Setbacks and Influence on EthereumEven from its inception, DAO was met with many setbacks and concerns. As a stateless entity, DAO is not tied to any particular country. As a result, the question of regulatory jurisdiction remains convoluted.Perhaps its biggest setback came in June 2016 when users exploited a vulnerability in DAO’s code.This allowed user to siphon off over 30% of The DAO’s funds to a subsidiary account. As a result, the Ethereum community decided to hard-fork the Ethereum blockchain a month later to restore virtually all funds to the original contract.This move itself was controversial, with the original unforked blockchain being maintained as Ethereum Classic. Consequently, Ethereum has since operated on two separately, but active blockchains, each with its own cryptocurrency.

Decentralized Autonomous Organization (DAO), is an entity that is governed by decentralized technology. Launched in 2016 after one of the largest crowdfunding campaigns ever, DAO aimed to provide a new decentralized business model for commercial and non-profit enterprisesDAO also attempted to “hard-code” rules and practices into their technological DNA, i.e. the rules that are used to govern an organization are enforced digitallyFor example, a DAO’s system of smart contracts could be used to automatically set aside a portion of a project’s profits for a charitable cause.Other instances of utility include CEO’s position having to be re-evaluated by a blockchain-based vote every two years.DAO’s code is open source and was initiated on the Ethereum blockchain, boasting no conventional management structure or board of directors.DAO Setbacks and Influence on EthereumEven from its inception, DAO was met with many setbacks and concerns. As a stateless entity, DAO is not tied to any particular country. As a result, the question of regulatory jurisdiction remains convoluted.Perhaps its biggest setback came in June 2016 when users exploited a vulnerability in DAO’s code.This allowed user to siphon off over 30% of The DAO’s funds to a subsidiary account. As a result, the Ethereum community decided to hard-fork the Ethereum blockchain a month later to restore virtually all funds to the original contract.This move itself was controversial, with the original unforked blockchain being maintained as Ethereum Classic. Consequently, Ethereum has since operated on two separately, but active blockchains, each with its own cryptocurrency.
Read this Term). To maintain full transparency, the treasury addresses are available to all.

view all treasury addresses

The Board will consist of Alexis Ohanian, Amy Wu, Maaria Bajwa, Yat Siu and Dean Steinbeck. ApeCoin DAO members will be able to influence decisions in the Ecosystem Fund allocation, projects, partnerships, governance rules and more.

Becoming a DAO member is available to all ApeCoin holders.

8% of ApeCoin tokens (80 million) will be held by Yuga Labs founders. The tokens will be locked for 1 year, then approximately 2.2 million tokens will be unlocked per month for 36 months.

150,000,000 ApeCoins will be held by Yuga Labs, locked for 12 months and then 277,777.78 tokens released per month for 3 years.

Source: https://www.financemagnates.com/cryptocurrency/apecoin-by-yuga-labs-is-launching-today-listed-at-the-top-crypto-exchanges/