Hey Hackers,
Over the last week, we saw a rather interesting, BAYC-themed music video from Snoop Dogg and Eminem at the MTV VMAs. The Bored Ape Yacht Club has always been interesting to follow thanks to the incredible wealth and fame of the people holding those tokens. It's a combination that few crypto projects can match, leading the NFT collection to have a degree of notoriety online. Even ApeCoin, a cryptocurrency based on the original collection of Apes has its own story associated with it and online decentralization.
With that in mind, we decided to take a look at our top stories, a pair of which explained a full spectrum around the ecosystem.
There’s a lot to learn in here, from how the ApeCoin ecosystem is being set up to have everything from its own NFT collection to even a metaverse that runs on it. It even has some small details with some small details about its ownership and how its DAO works. It also has a great explanation about why NFTs are more than just expensive JPGs, including Social Utility and Provenance just like old art. It also includes some of ApeCoin's history and how it has been used by the ApeCoin DAO to vote on topics that matter to its holders.
You can read the stories at the links below! As always, the quality and depth that contributors on this site have lent to their articles have always been something worth celebrating. I hope that you'll enjoy them as much as I did and that you might learn from them as well. I'll see you at the next video, next time!