Author: Climber, Golden Finance
With the launch of the ApeChain mainnet on October 20, the Bored Ape (BAYC) ecosystem has once again set off a wave of enthusiasm. The price of the project token APE once soared from $0.75 to $1.76, and many related memes that opened on the same day also broke through the market value of one million US dollars.
ApeChain is a Layer-2 network developed by ApeCoinDAO, built on Arbitrum Orbit, and is designed to support the ApeCoin ecosystem, mainly centered around the Bored Ape (BAYC) community. Currently, there are 58 ecological projects on the chain, covering finance, IP, games, infrastructure, etc.
Due to the strong IP attributes of Boring Ape and its leading position in the NFT track, the launch of ApeChain naturally attracted widespread attention from the community. Crypto artist beeple first released the work "APECHAIN" as a congratulation, and ApeChain also followed the meme trend and launched Pump.fun's imitation project Ape Express and trading simulation game platform Top Trader. Golden Finance also sorted out the popular memes and ecological projects on ApeChain to help readers better discover early Alpha.
1. High Market Value Meme
According to data from the Dexscreener platform, with the launch of the ApeChain mainnet on October 20, its on-chain meme opened at the same time.
At present, the popular memes related to ApeChain are:
BORED: Derived from the Bored Ape Yacht Club series, it is currently the hottest project on the ApeChain chain. The current price is $0.01239 and the market value is $12.3 million.
CURTIS: The concept is a guide NPC in OTHERSIDE, named CURTIS, who is characterized by wearing a Hawaiian shirt and a captain's hat.
It was previously a leading project with a maximum market value of US$28 million, but its current market value is only US$3.2 million, with a drop of 62.47% in the past 24 hours.
PAPE: Ape Chain’s version of PEPE, with a market value of 1.3 million USD in less than 24 hours after opening.
CIF: short for Crypto is Fun, and also the first meme coin on APE Exporess, with a current market value of 1 million US dollars.
II. Projects worth noting in the ApeChain ecosystem
According to the official APP ecological information disclosed by ApeChain, there are currently 58 APPs online on ApeChain, including 26 infrastructure APPs (accounting for 46.5%), 11 game APPs (19.7%), 10 IP APPs (17.8%), 5 financial APPs (8.9%), and 4 Social-Fi APPs (7.1%).
1. Finance:
Ape Express
Meme launch platform where users can create, customize and deploy tokens on ApeChain.
Ape Accelerator
Ape Accelerator is a Web3-focused accelerator and launchpad that supports and launches projects within the ApeCoin ecosystem, with a focus on gaming, NFT integration, and DApps. It helps drive adoption and growth of ApeChain through strategic partnerships and BAYC IP integration.
Cyan
Cyan is a protocol that provides financing options for purchasing NFTs, providing a "buy now, pay later" service for Metaverse users. The protocol also provides capital providers with re-collateralized loans for NFTs and vaults to earn returns on financing these assets. Currently, more than 2.2K+ users have joined the project, and the loan amount has reached 15 million US dollars.
JONES DAO
Jones is a yield strategy and liquidity strategy protocol with a vault that gives you one-click access to institutional-grade performance. These strategies unlock liquidity and capital efficiency for DeFi users through flexible architectures and yield tokens.
2. Games:
Top Trader
Top Trader is the first ApeChain native product released by the Workshop team. It is an on-chain trading simulation game that allows users to trade with 1000x leverage without real financial risk. Top Trader integrates multiple tools, such as Ape Portal to support cross-chain buy-in payments, Yuga ID to achieve seamless account abstraction, Gas sponsorship transactions to enhance user experience, and manage tournament rewards through the restart protocol.
ApesPlay
ApesPlay is the gateway to all games on ApeChain, rewarding players for their time and investment through an integrated tokenization system.
Battle Plan
Assemble your team and battle for victory with real stakes in this auto-battler. In-game victories translate into real rewards, and players can trade or sell their winnings.
Legends of the Mara
(Legend of Mara) is an Otherside adventure game powered by ApeCoin, a collection-based 2D strategy game with its own companion collection.
3. IP
Blever
Blever is a cutting-edge web3 platform that combines NFTs with incentivized content creation. By leveraging native yields and refundable NFTs, Blever creates new revenue opportunities for creators and brings a highly gamified user experience.
Mintpad
NFT minting platform, users only need to pay a transaction fee of $1 to mint 1, 5 or 1000 NFTs, and it is free for artists.
Ape Names
Ape Names is launched by D3 Global, an on-chain domain name service. The launch of Ape Names domain name service is part of the previous ApeCoin DAO community proposal AIP-395, which aims to promote the ICANN application of .APE domain names, allowing users to purchase and use the patent-pending Ape Names as instant Web3 identifiers. The domain name will be minted on ApeChain, and after obtaining ICANN approval, D3 will grant .APE domain names to Ape Names reserved token holders and then sell them to the public.
Snagged
Snagged is a platform for buying and selling NFTs on ApeChain.
summary
At present, neither the Boring Ape project nor the entire NFT track has escaped the ice age, but the track sector rotates rapidly in the new cycle of the crypto market, and the latest narratives emerge in an endless stream. BAYC officials are willing to make changes and personally build the on-chain ecosystem. With the support of its powerful IP, there will naturally be no shortage of traffic. Especially if the multiple barriers between NFT, meme, and DAPP can be broken, then ApeChain may not be unable to usher in more capital influx.
