Bored Ape Yacht Club Airdrops Tokens! Quickly Understand the Organization, Use Cases, and Token Distribution Behind "ApeCoin"
After the bombshell news of Yuga Labs acquiring CryptoPunks and Meebits, the Bored Ape Yacht Club has brought another exciting update to the community - holders will be airdropped a token! The token, named ApeCoin, is not issued or managed by Yuga Labs, but is owned and operated by the newly established decentralized autonomous organization "ApeCoin DAO".
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Rapid Listing on Centralized Exchanges
Following the release of ApeCoin, well-known centralized exchanges FTX and Coinbase immediately announced their listing, both set to commence trading at 8:30 (Taiwan time) on 3/17.
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