Bored Ape Yacht Club Airdrops Tokens! Quickly Understand the Organization, Use Cases, and Token Distribution Behind "ApeCoin"
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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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