'ApeCoin' tied to Bored Ape NFT ecosystem debuts with planned community airdrop

NEW: 'ApeCoin' tied to Bored Ape NFT ecosystem debuts with planned community airdrop

about some of the initiatives planned by Bored Ape creator Yuga Labs, including a planned token tied to gaming and virtual experiences.

According to the BAYC explanatory thread, an airdrop will be conducted to distribute the tokens in question: "For everyone else who wants to ape in: ApeCoin will be available to all and is expected to begin trading on major crypto exchanges soon," the thread continued.includes information regarding a"special council" or board tied to the DAO, comprised of Sound Ventures Maaria Bajwa, Reddit co-founder Alexis Ohanian, Animoca brands co-founder Yat Siu, FTX head of ventures and gaming Amy Wu, and Horizen Labs president and general counsel Dean Steinbeck.

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