7 Questions
What is ApeCoin?
A governance token of the BAYC ecosystem
What blockchain is ApeCoin issued on?
Ethereum
What can ApeCoin holders access?
ApeCoinDAO voting facilities
What is the APE ecosystem made up of?
ApeCoin holders, BAYC and MAYC NFT collections, and BAKC NFTs
What are BAYC NFTs?
A collection of unique images of Bored Apes
How many MAYC NFT collectibles were released?
20,000
What is the primary currency of the Otherside metaverse?
ApeCoin
Study Notes
- Yugalabs airdropped 150 million ApeCoin tokens to Bored Ape Yacht Club (BAYC) and Mutant Apes Yacht Club (MAYC) NFT holders in March 2022
- ApeCoin is the native and utility token of the BAYC ecosystem and the governance token of the ApeCoinDAO
- ApeCoin is an ERC-20 standard token issued on the Ethereum blockchain
- ApeCoin holders can access the DAO voting facilities to participate in governance activities
- ApeCoin is used as a store of value and a reward token on decentralized gaming applications
- The APE ecosystem consists of ApeCoin holders, BAYC and MAYC NFT collections, and Bored Ape Kennel Club (BAKC) NFTs
- BAYC NFTs are a collection of 10,000 unique images of Bored Apes and are recognized as a blue-chip NFT
- MAYC NFT collectibles were introduced as a variant of the BAYC, with 20,000 released and half sold in a public auction
- BAKC NFTs were only available to BAYC NFT holders and have their own variable traits
- ApeCoin powers the financial arm of the APE ecosystem and will be the primary currency of the Otherside metaverse.
"Are you curious about the ApeCoin ecosystem and its various components? Test your knowledge with our quiz! From the Bored Ape Yacht Club and Mutant Apes Yacht Club NFT collections to the ApeCoinDAO and Bored Ape Kennel Club NFTs, this quiz will challenge your understanding of this exciting blockchain project. See how much you know about ApeCoin's role in gaming applications, its use as a store of value, and its potential in the
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