Forj, a subsidiary of Animoca Brands, has initiated the official launch of the ApeCoin Accelerator ($APE), marking a significant milestone for the ApeCoin ecosystem. This cutting-edge accelerator, supported by the ApeCoin DAO, aims to invigorate the Web3 community.

On the 17th of October, 2023, Forj, a prominent Web3 technology endeavor under the Animoca Brands umbrella, unveiled the ApeCoin Accelerator, a community-driven Web3 accelerator that derives its funding from the ApeCoin DAO. This launch signals the opening of applications to the ApeCoin Accelerator program, presenting aspiring entrepreneurs with the opportunity to introduce their innovative Web3 ventures to an extensive ApeCoin community boasting over 200,000 members, commencing in Q4 of 2023.

The inception of the ApeCoin Accelerator follows the successful ratification of AIP-209, a proposal originating from the ApeCoin DAO’s Idea Proposal (AIP) system. Tailored to fortify the ApeCoin ecosystem and amplify its utility for ApeCoin stakeholders, this accelerator is designed to endorse and inaugurate projects striving to augment the value proposition for ApeCoin holders.

Ape token holders will enjoy the privilege of supporting approved ApeCoin projects via the Ape Launchpad ($APE Launchpad), permitting the acquisition of NFTs and alternative tokens. Additionally, they will be empowered to exercise their voting rights to determine the acceptance of project proposals.

Harry Liu, the Chief Executive Officer of Forj, expressed his enthusiasm for this momentous launch, stating, “Today signifies the onset of a transformative era in innovation for the ApeCoin community. The ApeCoin Accelerator extends a warm invitation to any visionary entrepreneur with a compelling Web3 initiative to submit their applications now, joining us on our quest to enrich the ApeCoin ecosystem.”

Yat Siu, the co-founder and executive chairman of Animoca Brands, reflected on the significance of community-driven endeavors like the ApeCoin Accelerator. He emphasized that APE token holders play a pivotal role in steering innovation within the ecosystem they belong to. Furthermore, he underscored the ApeCoin Accelerator’s potential to map out the future landscape of online ecosystem expansion, with eager anticipation for the emergence of remarkable new projects within the program.

Entrepreneurs interested in applying for the ApeCoin Accelerator program are encouraged to visit the official ApeCoin Accelerator website and complete the dedicated application form.

About Forj

Forj, a subsidiary of Animoca Brands, is dedicated to delivering avant-garde Web3 solutions and technologies that curate distinctive fan experiences for content creators. As a comprehensive solution, Forj pioneers fan engagement by leveraging NFTs, metaverse protocols, and blockchain innovations to bring enthusiasts closer to their cherished creator brands in domains such as Music, Entertainment, Gaming, and beyond. The company’s impressive track record includes prestigious collaborations with notable figures, including the Grammy-nominated musician Lewis Capaldi.

Forj’s portfolio encompasses the official ApeCoin launchpad, the $APE Accelerator, and the metaverse infrastructure endeavor known as Metaprints.

About Animoca Brands

Animoca Brands, an esteemed Deloitte Tech Fast awardee, a member of the Fortune Crypto 40, and a distinguished participant in the Financial Times’ High Growth Companies Asia-Pacific 2023 list, is a pioneering force in the Web3 domain. The organization harnesses blockchain technology to confer digital property rights to consumers worldwide, contributing to the establishment of an open metaverse.

The company boasts a diverse product portfolio, featuring original games like The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes. Moreover, Animoca Brands develops products that leverage the popularity of intellectual properties in sports and entertainment, with titles related to The Walking Dead, Power Rangers, MotoGP™, and Formula E.

With numerous subsidiaries, Animoca Brands plays a pivotal role in the Web3 sector, making over 400 direct and indirect investments in Web3 initiatives through Animoca Ventures. These include notable investments in ventures such as Yuga Labs, Axie Infinity, Polygon, Consensys, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, Alien Worlds, and many others.

To gain further insights, please visit www.animocabrands.com or follow the company on Twitter and Facebook.