- A New Roadmap for ApeCoin and ApeChain
- Key Collaborations and Ecosystem Growth
- ApeChain’s Technical Framework
ApeCoin, the governance token associated with Bored Ape Yacht Club (BAYC), has announced a new initiative called BluePrint. This initiative aims to incentivize community-driven projects ahead of the much-anticipated launch of ApeChain, ApeCoin's dedicated blockchain.
A New Roadmap for ApeCoin and ApeChain
As part of the BluePrint initiative, ApeCoin announced plans to build consumer-grade applications, promote content partnerships, and streamline development on the ApeChain network. The focus will be on creating decentralized applications (dApps) and offering tools to make it easier to deploy smart contracts and other Web3 experiences on ApeChain.
Key Collaborations and Ecosystem Growth
ApeCoin has partnered with several Web3 firms, including Halliday, Decent, and Privy, to facilitate the onboarding process for new users. These collaborations aim to reduce entry barriers by integrating fiat on-ramps through the ApeChain Portal. Additionally, ApeChain will feature components like the Reboot Protocol and a Native Yield system for handling withdrawals in both ApeCoin and Ethereum.
ApeChain’s Technical Framework
One of the major technical highlights of ApeChain is its integration with Arbitrum, an Ethereum Layer 2 scaling solution. In early 2024, the ApeCoin DAO voted to build ApeChain as a Layer 3 network on Arbitrum Orbit, driven by the need for scalability and efficiency. ApeChain’s roadmap includes offering APE as an Omnichain Fungible Token (OFT) using LayerZero technology, enhancing its utility and versatility.
In addition to building infrastructure, the BluePrint initiative rewards creators and developers within the BAYC ecosystem. The plan is to distribute resources and attention to content creators, ensuring their work gets noticed through a streamlined distribution system.
Comments