crypto.news
ApeCoin has unveiled the Blueprint for ApeChain, highlighting its focus on enhancing the blockchain experience through content, tools, and distribution.
Bored Ape Yacht Club-inspired crypto ecosystem ApeCoin has unveiled the “Blueprint” for its layer-2 solution ApeChain, marking a key advancement 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 rollout, which includes prioritizing content partners, developing a user-friendly ecosystem site, and providing robust developer tools.
ApeChain, per Greg Solano, chief executive of Yuga Labs, is prioritizing “killer day one content partners” in an effort to find the “coolest stuff on the chain easy.” The network will also focus on incentives and distribution channels “that help creators get noticed,” Solano added.
To achieve this goal, ApeChain collaborated with web3 firms like Halliday, Decent, and Privy to streamline onboarding and fiat onramps via the ApeChain Portal.
Another component of the ApeChain would enable users to bet on events or individuals via the so-called Reboot Protocol in addition to the Native Yield system developed for withdrawals of assets like ApeCoin (APE) and Ethereum (ETH). ApeCoin says ApeChain’s strategy aligns with Arbitrum milestones, including the integration of Stylus, which allows blockchain developers to build smart contracts using WebAssembly-compatible languages.
As crypto.news reported earlier, the ApeCoin DAO community greenlit the development of ApeChain on Arbitrum in February, with backing from Horizen Labs. The technical roadmap indicates that APE tokens will serve as both the gas and governance token for the new network. A few months later, in July, the ApeChain network debuted testnet named Curtis.