In this article, we are going to talk about how much ApeCoin was airdropped per Ape. ApeCoin is an ERC20 coin created by Dao to create the Ape ecosystem.
16 percent of all coins during airdrop will be distributed to NFT holders of Bored Ape, Mutant Ape, and Bored Ape Kennel Club.
The coin is set to be used as the main currency for the products and services of Yuga Labs (creator of the Bored Ape Yacht Club) as well as other games and platforms. In this article, we will talk about ape airdrop amount, ApeCoin airdrop distribution, and How much ApeCoin was airdropped per Ape?
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Ape airdrop amount
On March 15, 2022, 150,000,000 Ape was airdropped to BAYC and MAYC NFT holders. From the date of the airdrop, holders of Bored Ape and Mutant Ape coins, have 90 days to click on the declared links and register their request for ApeCoin. If users do not register their requests, unsolicited will be returned to the ecosystem.
According to the Ether scan probe data (https://etherscan.io/token/0x4d224452801aced8b2f0aebe155379bb5d594381), the holders of the BAYC and MAYC NFT have requested more than 38 million ApeCoin registrations. In addition, the price of the BAYC and MAYC also dropped rapidly after the start of the airdrop.
ApeCoin airdrop distribution
ApeCoin cryptocurrency (https://apecoin.com/) tokenomics are as follows:
-62% to ecosystem fund: 150 million ApeCoin sold + 470 million ApeCoin to DAO fund
-16% to yoga and charity labs: 150 million ApeCoin to yuga Labs + 10 million donations
-14% to launch contributors
-And 8% belongs to the project’s founders.
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How much ApeCoin was airdropped per Ape?
For a fair distribution of coins, this is done according to the recorded price for NFTs about one month before the distribution.
-The amount of coins allocated to each collection is as follows:
-Holders with only Bored Ape will receive 10,094 coins.
-Holders with only Mutant Ape will receive 2,042 coins.
-Those with a combination of Bored Apes and Bored Ape Kennel Club, will have 10,950 coins
-Those with a combination of Mutant Apes and Bored Ape Kennel Club will have 2,898 coins.
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In this article, we talked about ApeCoin airdrop distribution and how much ApeCoin was airdropped per Ape. APE is a digital currency with a market value of about 1.58 billion dollars, ranked 36th in the market, and holds a 0.14 percent share of the total market.
Following the launch of ApeCoin by Yuga Labs, the cryptocurrency community is looking forward to increasing its future applications. For example, these uses include staking capability for holders and passive monetization of ApeCoin, enhancing gamefi programs, or even collaborations with other IPs owned by the company.