ApeCoin Review
ApeCoin
apecoin.com
Apecoin.com Review: Claim Airdrop, Buy/Sell Apecoin + pros, and cons
When Justin Beiber bought a Bored Ape NFT for a whopping $1.3 million (500 ETH at the time), the popularity of Ape NFTs in the Crypto and Web3 world surged.
As a result, many crypto enthusiasts yearned to be a part of this hot-new internet sensation. Buying and selling Apecoins became a popular way to achieve that.
But the crypto world is full of ups and downs. One minute Coin X is the next big thing. The next minute, it crashed. It is essential to do due diligence, research, and inquire about a coin before investing in it. One way to do that is to read reviews about the crypto’s website.
So, if you want to invest in Apecoin, you may ask: “what is the official Apecoin website? Is the Apecoin site safe? Can I buy Apecoin on the site?
These questions and more will be answered in this Apecoin.com review. Let’s begin by understanding Apecoin.
What is Apecoin?
You’ve heard of dog coin (Dogecoin), now there is Apecoin. What is it?
Apecoin is the governance and utility token for the Bored Ape Yacht Club and its affiliates. This airdrop created a huge frenzy in the cryptocurrency world this year because of the tremendous popularity of the BAYC.
The BAYC community gained its popularity through their unique collection of 10000 Bored Ape NFTs— digital assets on the Ethereum blockchain. All investors in the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and other related NFT collections got the ApeCoin following the launch (APE). Therefore, the price of Apecoin grew speedily, making it one of the most anticipated cryptocurrency today.
But, just like any other online business, the Apecoin DAO needed a place to educate and engage its audience. That’s where Apecoin.com comes in.
About Apecoin.com
Apecoin.com is the official website for ApeCoin (APE) and a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse.
To promote this goal, the website was launched in March 2022 to educate, engage and help over 700,000 users and visitors buy/sell APE safely.
In that sense, Apecoin.com features six main sections:
- About: Go here to learn what and why the Apecoin project was created.
- Governance: You will find a straightforward explanation of Apecoin’s decentralized governance framework here.
- Claim: Connect Metamask and claim APE here
- Proposal: Vote and propose suggestions to promote the APE community
- Discussion: Join the conversation and find useful information here on anything you need to know about the DAO, i.e APE.
- Buy/sell: Find verified and partnered exchange platforms for APE.
These features make the website transparent, easy to use, and helpful for beginners and existing APE fans.
On top of that, the website packs other exciting features that would make your time on the site memorable.
The PRO features of Apecoin.com
- The website is easy to use
Crypto websites are mostly known for complex charts and graphs. Finding your way around such a website can put you off as a newbie.
Contrastly, Apecoin.com is straightforward to use. This is perhaps because the website is not an exchange platform. Instead, it serves as a portal for information and education concerning Apecoin’s terms, governance, and values.
The website’s simple navigation and homepage are features that make it simple to use. Unlike your typical website with a traditional hero page, headlines, Apecoin.com’s homepage simply displays a shiny and rotating image of the coin.
- Security
Apecoin.com is protected by the SSL certification, which encrypts and prevents users’ login credentials and banking information from unauthorized access.
- Forum
The website features a discussion forum where beginners and pro APEs can share opinions on updates and new features. Aside from the Twitter and Instagram pages, Apecoin.com’s forum is the official community platform.
- NFT claim checker
This live plugin helps you verify if a Bored Ape, Mutant Ape, or companion Kennel Club NFT is eligible for a one-time claim of ApeCoin.
To use it, go to the NFT Claim Checker on Apecoin.com and enter the Token ID. You must have Metamask installed for the feature to work.
- Verified exchange
Because Apecoin.com does not have its own exchange, finding one you can trust can be challenging. That is why Apecoin partnered with exchange platforms that are verified and also share its values. This way, you can buy and sell APE without fear.
These featured exchange platforms include:
- Team profile
The people associated with a crypto project often influence how people think of the project. That is why it is hard to trust a cryptocurrency when the founders or team members are unknown. To foster transparency, Apecoin’s leading brains are featured in the about page. They are:
- Alexis Ohanian: Co-founder of Reddit; General Partner & Founder of Seven Seven Six
- Amy Wu: Head of Ventures & Gaming at FTX
- Maaria Bajwa: Principal at Sound Ventures
- Yat Siu: Co-founder & Chairman of Animoca Brands
- Dean Steinbeck: President & General Counsel at Horizen Labs
- Multiple device access
Apecoin.com works responsively on your PC (Windows/Mac/Linux) and mobile devices that run the Android and IoS operating systems.
- Available worldwide
As of now, no country is restricted from using Apecoin.com
- Social media links
Apecoin.com help users find the verified and official Apecoin accounts on Twitter and Instagram so they can safely engage the community.
Cons of Apecoin.com
- No multi-language support
Apecoin.com is available in the English language only.
- No resources or guide
Given that Apecoin is fairly new in the crypto ecosystem, developers, traders, and crypto enthusiasts need in-depth resources to learn about the project. Sadly, there are no links to download educational resources on the website, no academy, or even explanatory videos.
Who owns Apecoin.com?
The APE foundation maintains the website, Apecoin.com, like other digital assets of the APE community.
According to the website, “the APE Foundation maintains the Site as a portal for information, news, and updates about the decentralized digital ecosystem utilizing units of value denominated as “Ape Coins.”
However, the APE foundation cannot control the blockchain on which Ape coins are tradeable. That control is reserved for validators of the open-source protocol worldwide.
What to do on Apecoin.com?
As the official portal for information, news, and updates, use Apecoin.com to catch up with trends, updates, and new features of ApeCoin and the NFTs.
If you are a developer, study the terms on Apecoin.com to learn how you can contribute to the Ape community before sharing suggestions with the developer.
For example, the developers are currently not taking “suggestions for improvements, creative ideas, designs, pitch portfolios, or other materials”-collectively described as Unsolicited Ideas.
If you send unsolicited ideas, the developers have the exclusive right to use your ideas without compensation to you.
Looking to catch up with the conversation? Visit the “Discussion” forum on Apecoin.com to find old and recent topics and information about anything related to ApeCoin DAO.
Is Apecoin.com a web3 website?
Apecoin is a cryptocurrency for the web3 environment. Through art, gaming, entertainment and events, Apecoin looks to promote modern digital culture. And like other assets in the Apecoin DAO, Apecoin.com, serves to promote this web3 innovation.
On top of that, Apecoin.com exhibits features of a web3.0 website
- Decentralization: No individual controls Apecoin.com. Instead, it is managed by the Ape Foundation
- Trustless: You do not need trust to carry out transactions since transactions are generally fixed and immutable. The airdrop claim is an example
- Privacy and security: Apecoin.com is secured by SSL encryption which makes it hard to steal user info from the website. And since the administration of the website is decentralized, security is expected to be top-tier
How to buy Apecoin?
When you want to buy Apecoin, the best place to start is to visit Apecoin.com and click on Buy/Sell. The next page will show you a list of exchange platforms that work well with Apecoin.
Assuming you selected Coinbase, you will complete the following process to successfully purchase ApeCoin.
- Create and verify a Coinbase account.
- Add a payment method
- Select “Buy” from the list of options to start a trade
- Choose ApeCoin from the list of assets. You can also search for ApeCoin in the search bar
- Choose the number of coins you want to buy in your local currency and verify the converted amount
- Complete the payment
How to claim Apecoin Airdrop on the website?
Follow these steps to claim Apecoin airdrop
Step 1: Go to www.apecoin.com and click “Claim” at the top navigation
Step 2: Click “Connect Metamask” to link your Metamask wallet to the Apecoin DAO. You can also create a new account
Step 3: The next page will verify your claim eligibility.
You need to satisfy the following conditions to claim Apecoin:
- You need to own a Bored Ape, Mutant Ape, or Kennel Club in order to claim APE
- You can claim up to 10,094 APE if you own a Bored Ape NFT
- Owning a Bored Ape and Kennel Club NFTs grants you 10,950 APE
- For a Mutant Ape NFT, you can claim 2,042 APE
- Lastly, you will get 2,898 APE for a Mutant Ape and Kennel Club NFTs.
- You have 90 days to claim the airdrop
- The token will be airdropped to the Ecosystem Fund if you do not claim it after 90 days
- Airdrop tokens linked to an NFT can only be claimed once
How to use the Apecoin.com Forum
Apecoin.com’s forum is the DAO where Ape holders can participate in general discussions, contribute to AIPs and chat with moderators.
Steps to join the Apecoin forum
- Go to https://forum.apecoin.com/
- Click sign-up to create an account. You can do this quickly with an email address and user name.
- Click the activation link sent to your email to verify your account.
- After that, the website will redirect you to the DAO. And, you’re in!!
As shown above, you can filter the AIP results in the top navigation. Additionally, if you are an Ape-holder, you may start a new AIP by clicking “New Topic.”
Faqs
Can I buy coins on Apecoin.com?
You cannot buy APE on Apecoin.com. Instead, the website will direct you to a list of exchange platforms where you can buy/sell Apecoin.
Can I download the Apecoin wallet from the website?
Apecoin does not have a dedicated wallet, but you can hold the crypto in a Coinbase wallet or any other wallet from the verified exchange partners listed on the website.
What makes ApeCoin Unique?
Apecoin’s decentralized governance system and its affiliation with the popular Bored Ape NFTs set it apart. And with more than 60% of the token supply dedicated to the ecosystem, APE token holders will undoubtedly profit from the platform's community-driven activities.
Takeaway
Apecoin is the cryptocurrency for the Web3 economy, and Apecoin.com is the window to exploring this new world.
As the official website of the Apecoin project, Apecoin.com serves to educate curious and prospective Ape fans. Fans would have faith knowing that the website is secure and decentralized, ensuring that they are not being tracked or putting personal information at risk. Similarly, the NFT checker feature and the team profile are unique features on Apecoin.com.
Apecoin.com can improve its user experience by making the site accessible in other languages since it caters to an international audience. Unlike other crypto websites like Luna, Apecoin.com does not have a comprehensive document. White paper, or user guide.
