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ApeCoin DAO and Forj join forces to introduce an NFT acceleration program
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ApeCoin DAO and Forj join forces to introduce an NFT acceleration program

Oct 18, 2023

The ApeCoin DAO has partnered with Forj, an NFT platform under Animoca Brands, following approval of Ape Improvement Proposal (AIP) 209. Together, they're launching the Ape Accelerator program, a community-driven Web3 initiative funded by the ApeCoin DAO. This program provides a platform for promising projects to engage with the 200,000+ strong ApeCoin community, fostering innovation and enhancing ApeCoin's utility.

AIP-209 paved the way for the Ape Accelerator, with its main goal being to strengthen the ApeCoin ecosystem by supporting relevant projects. APE token holders play an active role by supporting these projects through various means, including NFT and token purchases, as well as voting on project proposals, ensuring a democratic decision-making process.

Harry Liu, CEO of Forj, sees great potential in the APE Accelerator, envisioning it as a catalyst for innovation within the ApeCoin community. Yat Siu, Co-founder and Executive Chairman of Animoca Brands, shares this vision, emphasizing the community-driven aspect and its alignment with Web3 principles. Both anticipate the accelerator's pivotal role in shaping online ecosystems in the years to come.

The collaboration between ApeCoin DAO and Forj marks an exciting chapter in the NFT and Web3 space, combining expertise and community support to drive significant progress through the Ape Accelerator program.

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