ApeCoin DAO Launches Accelerator to Incubate Projects Using ApeCoin Tokens and Improve Bored Ape Yacht Club NFT Collection

ApeCoin DAO has approved a new community proposal to launch an Accelerator that will support the incubation of projects using apecoin tokens to enhance the Bored Ape Yacht Club (BAYC) NFT collection and other ApeCoin projects. The "Ape Accelerator" will involve the ApeCoin community as initiators, voters, and participants.

Initiators can submit proposals for projects to be incubated, voters can use their APE tokens to vote on the proposed projects, and participants can support approved projects by purchasing NFTs and other tokens.

The launchpad within Ape Accelerator will operate on the Ethereum network and have a tiered structure for participation based on users' APE stakes and qualifying NFT holdings.

NFT Bored Ape Yacht Club

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