Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»ApeCoin Unveils Plans to Promote Bored Ape Community Development Ahead of ApeChain Launch
ADOPTION NEWS

ApeCoin Unveils Plans to Promote Bored Ape Community Development Ahead of ApeChain Launch

By Crypto FlexsSeptember 5, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
ApeCoin Unveils Plans to Promote Bored Ape Community Development Ahead of ApeChain Launch
Share
Facebook Twitter LinkedIn Pinterest Email

Aipcoin monkey

+2.84%
According to one of the founders of leading NFT brand Yuga Labs, they are re-planning their roadmap with a new set of initiatives called BluePrint. Specifically, the Bored Ape Yacht Club-themed project aims to launch a consumer-grade app to attract new users and foster community building on the upcoming ApeChain network, which Yuga Labs officials have confirmed will be “launching soon.”

“At ApeChain, we believe that apps are what matter most. That’s why we prioritize great day-one content partners, a robust ecosystem site where you can easily discover the coolest stuff on the chain, and a suite of developer tools that allow you to seamlessly deploy new experiences to ApeChain,” Greg Solano, co-founder of Yuga Labs and BAYC and most recently CEO of Yuga Labs, said in a press release.

Launched in early 2021, Bored Ape Yacht Club is a market-leading NFT series during the last bull market, gaining support from celebrities and corporate brands. The project builds on its intellectual property by giving token holders control over the production of their own creations and launching a series of metaverse and gaming products.

Yuga helped develop ApeCoin in 2022 as a means to facilitate community governance and incentivize development. The team is now looking to launch a new website for the upcoming Ethereum Layer 2 blockchain called ApeChain, which will “allow users to easily explore the ecosystem and discover new decentralized applications that leverage the native chain.”

Additionally, ApeCoin is working with web3 commerce platforms Halliday, Decent, and Privy to facilitate onboarding. In a post to X, Halliday said that they are building a fiat-to-crypto onramp with payments companies MoonPay and Stripe that will allow them to “accept payments in any token on any blockchain.”

Solano noted that these types of “distribution channels” will “help creators get noticed.”

ApeChain is also focusing more on the Reboot Protocol, developed in conjunction with NFT platform Pixel Vault, a game developer toolkit that rewards players for winning and betting in skill-based games on-chain. The team plans to build dapps by integrating the recently launched Arbitrum Stylus coding platform.

This move comes amidst a general downturn in Bored Ape Yacht Club and NFTs as a whole. The NFT series has yet to fully recover from the 2022 market crash and is currently trading at a price floor of around 11 ETH (around $27,000 at current prices), down from the period when select non-fungible tokens were trading for millions of dollars.

Block previously reported that Solano was looking to revitalize Yuga Labs by forming a small, motivated internal team dubbed “The Workshop” to drive development following the departure of former CEO Daniel Alegre in February. Reduce several roles in April.

Solano previously described the workshop as “13 of our top engineers and product people. No fat people, just doers.” The team is specifically focused on driving adoption of ApeChain, which is currently live on testnet and is expected to launch on mainnet soon. Speculation of an imminent launch began on Wednesday when several key BAYC influencers and Yuga employees posted new ApeChain banners on X.

“This kind of unified action in support of a project or initiative is key to the Apes community. When a few key figures change their banner or tweet something specifically Apes-related, we often see others copy the pasta or share the same image in solidarity to promote and amplify it,” Spicy Tina, head of community and partnerships at Yuga Labs, told The Block.

“The banner was shared and updated by the ApeChain core team, and people quickly took notice and did the same, especially since the launch of ApeChain is one of the most anticipated events of the year,” she added.

ApeCoin is currently trading at $0.61, down 97% from its all-time high of $27. ApeCoin price page on the block.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Current financial disclosures are as follows:

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025
Most Popular

NVIDIA and IQVIA join forces to drive AI innovation in healthcare

January 14, 2025

Riot Platform (RIOT) begins issuance of convertible bonds worth $525 million

December 10, 2024

Bitcoin ASIC Creator Says Next Wave of Mining Efficiency Is Coming

May 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.