🎄 Cryptonary Christmas Sale! 50% OFF. Save $500 Now Only ⏰ : 1d 1h 33m 22s
Yuga Labs’ BAYC officially launches ApeCoin token
Yuga Labs, the company behind the most valuable NFT project by market cap Bored Ape Yacht Club or BAYC, has announced that it is launching a native token called ApeCoin (APE).
BAYC NFT project launches ApeCoin
Yuga Labs is continuously in the headlines for its partnerships and active actions in the crypto industry. It is looking forward to the future, highlighting a new partnership focused on a play-to-earn gaming title revolving much-hyped token called ApeCoin.Yuga Labs hopes to build a new game aiming to mainstream the crypto economy built around its new token. Yuga Lab’s last week’s acquisition of assets from Larva Labs to include highly valued CryptoPunks and Meebits NFT collections has expanded the mission.
Yuga Labs is taking great efforts to keep itself out of the public eye as the token is released via an entity called ApeCoin DAO, which is made up of council members who are associated with the NFT initiative but are not Yuga Labs employees or executives.
The ApeCoin DAO will be governed by the APE Foundation, which will oversee the ApeCoin DAO's choices. The council members include Reddit co-founder Alexis Ohanian, Amy Wu from FTX, Maaria Bajwa from Sound Ventures, Yat Siu from Animoca Brands, and Dean Steinbeck from Horizon Labs.
The primary aim of ApeCoin is to expand its roots in the Web3 industry. It states:
“APE is a token made to support what’s next, controlled and built on by the community. It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse.”
Token allocation
ApeCoin, which has a supply of 1 billion, has been distributed in the following way:- 8% of APE will go to BAYC.
- 14% of APE will go to “launch contributors,” which will supposedly be made up of Yuga partners and investors.
- 15% of APE will go to the Bored Apes and Mutant Apes collections.
- 16% of APE will go to the Yuga Labs team.
- 47% of APE will be released as part of the DAO’s “ecosystem fund,” as time passes.
Continue reading by joining Cryptonary Pro
$997 $497/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
