ApeCoin $APE is a new token on the BSC (Binance Smart Chain) blockchain. The project carries out an airdrop of tokens using the instant claim system. To receive a token to a wallet, you will need to pay a blockchain commission per transaction, this is done to protect against bots.
Here is what they write about the project on the developer's website:
Web3 has opened up new avenues for cultural expression, including art, gaming, entertainment, and events. The potential impact of blockchain on culture is limitless, with many possibilities yet to be discovered. APE is a community-driven token that aims to support future developments in this space. It functions as a decentralized protocol layer for community-led initiatives that push culture into the metaverse. Within the APE ecosystem, ApeCoin serves as an ERC-20 governance and utility token that empowers decentralized community building at the forefront of web3. The APE Foundation acts as a steward for ApeCoin, providing a base layer upon which the ApeCoin DAO community can build. Rather than acting as an overseer, the Foundation facilitates decentralized and community-led governance and aims to become increasingly decentralized over time. It administers decisions made by the ApeCoin DAO, providing support for day-to-day operations, bookkeeping, project management, and other tasks that help turn the community's ideas into reality. The Foundation's primary objective is to foster the fair and inclusive growth and development of the APE ecosystem. To achieve this, it uses the Ecosystem Fund, which is controlled by a multisig wallet, to cover expenses as directed by the ApeCoin DAO. It also offers an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.
The ApeCoin $APE token smart contract address is 0xAE5Eb83cE655902078c1Dc2C2cCAb7A472A98A3A, and the total supply is 500,000,000 APE coins. At the moment, the token is not traded yet, it is at the stage of pre-sale and instant airdrop distribution among the community.