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ApeCoin DAO launches accelerator to increase APE adoption

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The initiative aimed at bringing more value to the APE token and the ‘wider ecosystem’ is funded by ApeCoin DAO with support from Animoca Brands. ApeCoin DAO has made yet another attempt to boost users’ activity around its native token APE by co-launching with Animoca Brands a new program to accelerate projects that “elevate the ApeCoin ecosystem.” According to a blog post on Medium, the so-called APE Accelerator initiative was developed and is managed by Forj, a subsidiary of Animoca Brands. The program is said to help visionaries “apecelerate” their APE-focused projects. While the program is described as a “community-driven” accelerator , all the applicants will also be judged by a small group of people directly linked to Animoca Brands. It is unclear if the program plans to offer funding support. However, those interested in being eligible to participate in the accelerator should first buy APE tokens and then put them on a de...