ApeCoin Roadmap Replanning

ApeCoin (APE) is undergoing a roadmap revamp with new initiatives called BluePrint, as announced by Yuga Labs co-founder Greg Solano. The Bored Ape Yacht Club-themed project aims to launch consumer-grade apps to draw in new users and foster community building on the upcoming ApeChain network, with a confirmed launch “soon.”

Focus on Applications

According to Solano, ApeChain will emphasize the importance of applications, prioritizing high-impact content partners, a robust ecosystem site for easy navigation, and developer tools for seamless experience deployment.

Launched in early 2021, the Bored Ape Yacht Club (BAYC) was a top NFT series supported by celebrities and corporations, allowing token holders to create their own projects and develop various gaming and metaverse products.

ApeCoin Development

In 2022, Yuga Labs created ApeCoin to facilitate community governance and incentivize innovation. A new website for the ApeChain on Ethereum’s Layer 2 is also set to launch, aimed at helping users navigate and discover decentralized applications on the network.

To support this, ApeCoin is collaborating with web3 commerce platforms like Halliday, Decent, and Privy. Halliday is developing a fiat-to-crypto onramp with payment providers MoonPay and Stripe to accept payments across various tokens and blockchains.

Reboot Protocol and Game Integration

ApeChain is committed to its Reboot Protocol, developed with Pixel Vault, which rewards players in skill-based games on-chain. The team plans to integrate the newly launched Arbitrum Stylus coding platform for decentralized app development.

These initiatives come amid a stagnant period for BAYC and NFTs, with the series not fully recovering from the 2022 market crash, trading at a price floor of about 11 ETH (~$27,000).

Internal Developments

Solano aims to revitalize Yuga Labs by forming a small team called “The Workshop” to drive adoption of ApeChain following previous leadership changes. This team consists of 13 skilled engineers and product people dedicated to growth.

ApeChain is currently live in testnet, with the mainnet launch expected soon. BAYC influencers and Yuga employees recently promoted the project, amplifying excitement within the community.

Community Engagement

Yuga’s community and partnerships lead, Spicy Tina, noted that the Ape community often rallies behind projects. The unified promotion of the ApeChain banner highlights the anticipation surrounding its launch.

As for APE’s market status, it currently trades around $0.61, significantly down from its all-time high of $27.