Forj, a Web3 technology subsidiary under Animoca Brands, introduced the $APE Accelerator on Tuesday. This program, fueled by the ApeCoin DAO, has been crafted to champion community-driven Web3 advancements.
Starting from Q4 2023, innovators and trailblazers can apply to the $APE Accelerator for an exclusive opportunity to bring their Web3 business concepts to life.
The reward? A receptive audience within the ApeCoin community that boasts over 200,000 members.
“Community-driven initiatives like $APE Accelerator capture the very ethos of Web3 entrepreneurship, with APE holders in the driving seat of innovation for the ecosystem they’re a part of. $APE Accelerator provides us with a roadmap for the future of online ecosystem growth, and all eyes will be on the incredible new projects to emerge from the program,” said Yat Siu, the co-founder and executive chairman of Animoca Brands.
The genesis of the $APE Accelerator can be traced back to the unanimous approval of AIP-209, an innovative proposal submitted through the ApeCoin DAO’s Idea Proposal (AIP) platform. Conceived with the objective of bolstering the ApeCoin ecosystem and enhancing utility for its holders, this accelerator is geared towards promoting projects that cater to the interests of ApeCoin holders.
APE token holders will soon have the ability to back up approved ApeCoin ventures via the $APE Launchpad. The support mechanisms include acquiring NFTs and other tokens, in addition to casting votes on potential projects that resonate with them.
As a wing of Animoca Brands, Forj has continued to offer cutting-edge products that elevate fan experiences across various domains. Their immersion in Web3 stretches across the metaverse, NFTs, and blockchain technology, seamlessly merging these realms to offer unparalleled engagement avenues spanning music, gaming, and entertainment – including a major partnership with Grammy-nominated artist Lewis Capaldi.
“Today marks the beginning of a step change in innovation for the ApeCoin community. The $APE Accelerator welcomes any founder with an exciting Web3 project to apply now, and join us in our mission to enhance the ApeCoin ecosystem,” said Forj CEO Harry Liu.
Editor’s note: This article was written by an nft now staff member in collaboration with OpenAI’s GPT-4.