Yuga Labs, the breakthrough crypto startup behind the most val | NFT & Crypto news

Yuga Labs, the breakthrough crypto startup behind the most valuable non-fungible token (NFT) project by market capitalisation, Bored Ape Yacht Club, is now launching its own crypto token called ApeCoin, for use on the BAYC ecosystem. The token will be independent of Yuga labs and controlled by a decentralised community called the ApeCoin DAO (decentralised autonomous organisation), and a steward organisation called the APE Foundation will be tasked with administering and facilitating the collective decisions of the DAO.

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