ApeCoin unveils Blueprint for ApeChain to woo creators

ApeCoin has announced the Plan for ApeChain, emphasizing its focus on improving the blockchain experience through content, tools, and distribution.

Bored Ape Yacht Club-inspired crypto ecosystem ApeCoin has unveiled the “Plan” for its layer-2 solution ApeChain, which makes significant progress in its blockchain strategy by focusing on content, tools, and distribution to elevate user and developer experiences.

In a press release shared with crypto.news, ApeCoin outlined the first phase of ApeChain’s launch, which includes prioritizing content partners, developing a user-friendly ecosystem site, and providing powerful developer tools.

According to Greg Solano, CEO of Yuga Labs, ApeChain is prioritizing “great day one content partners” in an effort to “easily find the coolest stuff on the chain.” Solano added that the network will also focus on incentives and distribution channels that “help creators get noticed.”

To achieve this goal, ApeChain has partnered with web3 firms such as Halliday, Decent, and Privy to facilitate participation and fiat currency inputs through the ApeChain Portal.

Another component of ApeChain will allow users to bet on events or individuals via the so-called Reboot Protocol, in addition to the Native Yield system developed for withdrawing assets such as ApeCoin (APE) and Ethereum (ETH). ApeCoin says that ApeChain’s strategy aligns with Arbitrum milestones, including the integration of Stylus, which allows blockchain developers to create smart contracts using WebAssembly-compatible languages.

As crypto.news previously reported, the ApeCoin DAO community greenlit the development of ApeChain on Arbitrum with support from Horizen Labs in February. The technical roadmap indicates that APE tokens will serve as both gas and governance tokens for the new network. A few months later, in July, the ApeChain network launched a testnet called Curtis.