ApeCoin operates as the APE Ecosystem’s governance token, allowing token holders to participate in ApeCoin DAO. It is also the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries. ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services. It also serves as a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects. ApeCoin is an ERC-20 token that operates on the Ethereum blockchain.