ApeCoin DAO, supported by Yuga Labs and other partners, launched the new blockchain ApeChain at the ApeFest Lisbon event.

ApeChain Technological Features

ApeChain is a technologically advanced platform featuring account abstraction with Yuga ID, gas-sponsored transactions, Apple Pay support, and the LayerZero Omnichain Fungible Token (OFT) standard. "ApeChain’s focus is beyond just the tech. We're focused on making delightful experiences and making those tools available to everyone," noted Michael Figge, Chief Product Officer at Yuga Labs.

Services and Applications on ApeChain

The ApeChain ecosystem introduces a platform showcasing applications such as Yuga Labs’ Top Trader, Pixel Vault’s Battle Plan, Sugartown’s Poker, and more. Yuga Labs also showcased an Otherside experience called 'Bubbles'.

Initiatives and Development Programs

To ensure long-term growth, ApeChain announced the "The Banana Bill" fund, approximately 70 million USD, to support projects and users. The Spotlight program will reward users for engagement through a point system.

The launch of ApeChain promises innovations in blockchain technology, providing a platform for creators and builders with a focus on enhancing the user experience.