Nfts
BasedVC and Bored Ape Yacht Club launch Apes Capital
What is APES Capital?
APES Capital will serve as an investment portal for holders of Bored monkeys and mutant monkeys NFT, allowing them to use $APE coin participate and invest in selected projects. The portal will also include features such as announcements, feeds, links, chat, over-the-counter trading and ticketing systems.
As a licensed venture capital fund based in the British Virgin Islands, APES Capital is insured and supported by a seasoned team with over 20 years of fund management and investment experience.
Since its creation, APES Capital has deployed more than $40 million in more than 20 web3 projects, including Shrapnel, Heroes of Maviaand Supraoracles among others.
How to join APES Capital?
To participate in APES Capital, you must hold a BAYC or MAYC NFT that is not listed on any exchange.
BAYC holders must stake $2,500 APE tokens, with a maximum allocation of $5,000, while MAYC holders must stake $500 APE tokens, with a maximum allocation of $1,000. These $APE tokens must be staked using ERC-20 $APE on the Ethereum chain via the APES Capital platform.
Once staked, tokens are locked for 90 days, with a 3-day window to opt out at the end of this period, after which they will be automatically reinvested for an additional 90 days.
To get started, visit the APES Capital website and click the “CONNECT” button to log in using your preferred method and wallet. Once logged in, users will have access to the dashboard where they can stake $APE and participate in investment opportunities available through the platform.