ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized web3 community building.

As the open-source protocol layer of the ecosystem, ApeCoin serves several purposes. ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO. It is also the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries. It provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services. Lastly, ApeCoin is alo a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.