Animoca Brands’ subsidiary, Forj, has officially unveiled the APE Accelerator and has initiated the application process for the first round of projects.
This development comes after the ApeCoin DAO community voted in favor of launching the accelerator.
The APE Accelerator is a community-driven Web3 accelerator, with funding provided by ApeCoin DAO.
Its primary objective is to advance the growth of the ApeCoin ecosystem while enhancing the utility of APE tokens.
Animoca Brands Corporation Ltd. is a Hong Kong-based game software company and venture capital company co-founded in 2014 by Yat Siu and David Kim.
The company initially focused on developing mobile games, then shifted to blockchain gaming and NFTs in 2018.
Animoca Brands and its various subsidiaries develop and publish a broad portfolio of blockchain games, traditional games, and other products, many of which are licensed by popular brands such as Marvel, Power Rangers, and the WWE.
Forj is a subsidiary of Animoca Brands, a Web3 technology leader that is at the forefront of NFT technology. It is at the forefront of NFT technology and brings together creators and fans from a variety of industries such as music.
ApeCoin DAO is a decentralized autonomous organization that governs the ApeCoin ecosystem. ApeCoin is the ERC-20 governance and utility token of the ApeCoin ecosystem, and it is administered by ApeCoin DAO.
The Accelerator offers a platform for innovators and entrepreneurs to bring their Web3 projects to life. Successful applicants will have the opportunity to pitch their ideas to a vibrant ApeCoin community comprising over 2000 members.
The accelerator is designed to support projects that can contribute to the development and enrichment of the ApeCoin ecosystem, as well as the broader Web3 landscape.
Additionally, holders of APE tokens will play an integral role in shaping the projects that receive support through the APE Accelerator.
They will have the opportunity to participate in the APE Launchpad, where they can purchase NFTs and other tokens associated with approved projects.
Furthermore, token holders will be actively engaged in the decision-making process, casting their votes on proposals for projects to be accepted into the accelerator.
By launching the APE Accelerator, Animoca Brands, and Forj aim to foster innovation and collaboration in the Web3 space while providing a platform for developers and creators to bring their ideas to fruition.
