The group managing ApeCoin, a decentralized autonomous organization (DAO), has decided to create ApeChain, a gaming-focused platform, on Arbitrum. Arbitrum is a popular Ethereum scaling solution.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On CryptosHeadlinesToken.com

ApeChain will operate as a Layer 3 network and will be controlled by Ape holders. Additionally, the Ape token will serve as a means to pay for transaction fees on the platform.

ApeCoin DAO Chooses Arbitrum for ApeChain Infrastructure
Steven Goldfeder, co-founder of Offchain Labs, expressed their commitment to supporting the ApeCoin DAO in realizing its vision for ApeChain by providing the necessary infrastructure.
The announcement led to a 5% surge in APE token value, offering a welcomed break for a token that had been experiencing a consistent downtrend since its launch almost two years ago. Over the past week, APE has seen a 16% increase in value.
Last month, the ApeCoin DAO embarked on a mission to develop its dedicated blockchain, aiming to boost efficiency and lower transaction costs within the APE ecosystem. Gas fees on the Ethereum mainnet had posed adoption challenges for ApeCoin, which operates as an ERC-20 token.
After considering proposals to build ApeChain on various platforms, including Arbitrum, Optimism, and skSync, the DAO settled on AIP-378, a collaborative proposal by Horizen Labs and Offchain Labs.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On CryptosHeadlinesToken.com

ApeChain will be developed on Arbitrum Orbit, a platform allowing the creation of customized Layer 3 appchains atop Arbitrum’s One and Nova Layer 2 network. The high throughput capabilities of Orbit chains align with the DAO’s vision of establishing a Web3 gaming platform.
Furthermore, the ApeChain roadmap includes plans to implement APE as an omnichain fungible token (OFT) powered by LayerZero, providing the token with cross-chain functionality.
Controversy Surrounds ApeChain Proposal Outcome
Despite the passing of AIP-379 with slightly over half the votes in favor, many community members expressed dissatisfaction with the result, particularly due to the significant influence of Horizen Labs, the primary author of the winning proposal.
Some community members, like Bunny, sarcastically congratulated Horizen Labs for essentially voting for themselves and securing victory in the Ape Chain proposal.
Others went further, accusing the upper ranks of the DAO of engaging in self-serving actions, raising concerns about potential conflicts of interest.
Horizen Labs’ involvement in developing APE staking had previously drawn criticism for its execution, adding to the discontent surrounding its significant influence in the ApeChain proposal.
Despite the outcome, supporters of the competing A-Team, which received 11% of the votes, remain committed to their plan to develop an Optimism-based solution, potentially leading to the existence of two competing ApeChains in the future.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Apecoin #apechain #Arbitrum #Bitcoin #Altcoin

#Apecoin ( #APE ) yaklaşık 8 aydır günlük grafikte bir düşüş trendi içerisinde yer alıyor. Aşağıdaki grafikte gördüğünüz gibi bu düşüş trendini kırmayı deneyi bölümlerde aşağı yönlü bir tepki alarak düşüş gerçekleştirdi. Son olarak 15 Ağustos tarihinde düşen trendi kırarak üzerinde bir retest bölgesi ile tutunmaya çalışırken, Bitcoin ( BTC ) tarafında yaşanan sert düşüş dalgası ile tekrar aşağı yönlü trendin içerisine girdi.

APE USDT DAILY

Apecoin (APE) için pozitif bir senaryonun oluşabilmesi, bu trendin sert ve hacimli bir şekilde yukarı kırması ile ortaya çıkabilir. NFT alanında yaşanabilecek yeni bir hype dalgasının da yakın zamanda beklenmediğini düşünürsek, bu ihtimal oldukça düşük duruyor. O sebeple Apecoin (APE) tarafında dikkatli olmakta fayda var.

Apecoin (APE) Nedir? Özellikleri Nelerdir?

ApeCoin (APE), #Ethereum blok zinciri üzerinde oluşturulmuş bir ERC-20 tokenıdır. APE, Bored Ape Yacht Club ( #BAYC ) ve Mutant Ape Yacht Club (MAYC) gibi popüler NFT koleksiyonlarının arkasındaki şirket olan Yuga Labs tarafından oluşturulmuştur.

ApeCoin, APE ekosisteminin fayda ve yönetişim tokeni olarak tasarlanmıştır. APE sahipleri, APECoin DAO adı verilen bir merkeziyetsiz otonom organizasyon aracılığıyla ekosistemi yönetebilir. APECoin, APE ekosisteminin çeşitli özel hizmetlerine ve oyunlarına da erişim sağlar.

ApeCoin'in özellikleri şunlardır:

Fayda tokeni: APE, APE ekosisteminin çeşitli faydalarına erişim sağlar. Örneğin, APE sahipleri, APE ekosistemine ait oyunlara ve etkinliklere erken erişim sağlayabilir, özel ürünler ve hizmetler satın alabilir ve topluluk tarafından yönetilen bir havuzda ödüller kazanabilir.

Yönetim tokeni: APE sahipleri, APECoin DAO aracılığıyla ekosistemi yönetebilir. APECoin DAO, APE ekosisteminin geleceği için önemli kararları verir, örneğin APE ekosistemi fonlarının nasıl kullanılacağına karar verir.

NFT koleksiyonu: APE, Bored Ape Yacht Club (BAYC) ve Mutant Ape Yacht Club (MAYC) gibi popüler NFT koleksiyonlarının arkasındaki şirket olan Yuga Labs tarafından oluşturulmuştur. Bu nedenle, APE sahipleri, BAYC ve MAYC NFT'lerine sahip olmak için de APE kullanabilir.

ApeCoin'in fiyatı, 2022 yılında piyasaya sürülmesinden bu yana önemli dalgalanmalar yaşadı. 17 Mart 2022 tarihinde piyasaya sürüldüğünde 1 dolar olan APE, kısa sürede 39.40 dolara kadar yükseldi. Ancak, 2023 yılında NFT pazarının genel olarak düşüş trendinde olması nedeniyle APE'nin fiyatı da düşüş gösterdi. 2023 yılı Ağustos ayı itibarıyla APE'nin fiyatı 1.42 dolar civarındadır.

ApeCoin, henüz yeni bir kripto para birimidir ve gelecekte nasıl bir performans sergileyeceği belirsizdir. Ancak, APE ekosisteminin hızla büyümesi ve APE'nin çeşitli fayda ve kullanımlara sahip olması, APE'nin gelecekte önemli bir kripto para birimi haline gelme potansiyelini korumaktadır. $APE $APT $SOL

The ApeCoin Community has voted against the proposal to introduce two new NFT collections, namely Ape Coin Armory Club and Ape Coin Pet Club. The vote was conducted by the ApeCoin DAO, where the members of the community voted to either accept or reject the proposal.

The proposal suggested the creation of 20,000 NFTs for each of the collections, which were planned to be distributed for free among the crypto community. The estimated cost of the NFTs was calculated to be $168,000.

@azcoinnews

The ApeCoin Armory Club and Ape Coin Pet Club NFT collections were designed to be multi-link, allowing them to be connected to other NFT and metaverse projects such as Otherside, Decentraland, and The Sandbox. The proposal hinted at the possibility of seeing these NFTs in 3D worlds of other metaverse projects.

However, the proposal failed to garner enough support from the community. Out of the total votes cast, 83.99% of the voters rejected the proposal, while only 9.99% were in favor of it. This outcome reflects the diverse opinions within the ApeCoin community on the introduction of new NFT collections.

The images shared in the proposal showcased the NFTs featuring the ape logo on a shield and the pets that would have formed the Ape Coin Pet Club. The proposal also claimed that all of the NFTs from both collections were unique, with some having more rare features than others.

The ApeCoin DAO, the decentralized autonomous organization responsible for managing ApeCoin, is composed of the ApeCoin community members. The DAO is designed to ensure that the community has a say in the decision-making process related to the project’s development and growth.

In conclusion, while the proposal to introduce two new NFT collections has been rejected by the ApeCoin community, the vote demonstrates the importance of community engagement in the decision-making process. It also shows that the ApeCoin DAO is committed to ensuring that the community’s voice is heard and that all decisions are made with their best interests in mind.

#Apecoin #APE #nftcommunity #NFT #azcoinnews

This article was republished from azcoinnews.com

The well-known crypto whale tracking platform, WhaleStats, took to Twitter this morning to share some new data about the trading habits of some of the largest Ethereum (ETH) whales. According to the post, Apecoin (APE) has flipped WETH as the most traded token among the top 500 ETH whales.

CoinMarketCap indicates that APE is one of the many cryptocurrencies trading in the red after a very bearish past week. APE is currently trading hands at $4.26 after a 0.47% price decrease over the last day. APE was also able to reach a high of $4.24 and a low of $3.94 over the same time period.

Despite the drop in price, APE was still able to strengthen against Bitcoin (BTC) and Ethereum (ETH) by about 2.35% and 3.13% respectively. APE’s weekly performance has some worth to do in order to recover as the altcoin is in the red by more than 8% over the last week.

APE’s 24-hour trading volume is currently in the green zone and stands at $123,199,011 after a more than 21% increase since yesterday. In terms of market cap, APE stands at $1,533,184,687, which makes it the 38th biggest crypto in terms of market capitalization.

WETH also fell prey to the bearish week as the crypto is now worth about $1,752.46 after a 3.45% price decrease over the last 24 hours. The crypto did, however, reach a high of $1,818.34 over the same time period.

#APE #Apecoin #crypto2023