- BluePrint: A New Roadmap for ApeCoin and ApeChain
- Key Collaborations and Ecosystem Growth
- ApeChain’s Technical Framework
ApeCoin, the governance token tied to the Bored Ape Yacht Club (BAYC), announced new initiatives called BluePrint. This initiative is aimed at incentivizing community-driven projects ahead of the launch of ApeChain, ApeCoin's dedicated blockchain.
BluePrint: 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. Greg Solano, co-founder of Yuga Labs and current CEO, emphasized that ApeChain is putting a strong focus on 'killer day-one content partners' to make the user experience engaging from the start.
Key Collaborations and Ecosystem Growth
ApeCoin has partnered with several Web3 firms, including Halliday, Decent, and Privy, to help smooth the onboarding process for new users. These collaborations aim to reduce barriers to entry for new participants by integrating fiat on-ramps through the ApeChain Portal. Beyond building a seamless user experience, ApeChain will also include components like the Reboot Protocol, which will enable users to place bets on events or individuals, 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. This decision was driven by the need for scalability and efficiency to overcome challenges ApeCoin has faced in obtaining adoption on the Ethereum network.
The BluePrint initiative aims to develop the BAYC ecosystem by rewarding content creators and developers. The plan is to create a community-centric environment where contributions are recognized and incentivized, ensuring that their work gets visibility and development.
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