BasedVC and Bored Ape Yacht Club Launches Apes Capital

APES Capital will serve is an investment portal for holders of Bored Apes and Mutant Apes NFTs, enabling them to use $APE coin to participate and invest in selected projects. The portal will also include features like 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 experience in fund management and investment.

Since its inception, APES Capital has deployed over $40M in over 20 web3 projects, including Shrapnel, Heroes of Mavia, and Supraoracles among others.

How to join APES Capital?

To participate in APES Capital, you need to hold either a BAYC or MAYC NFT that is not listed on any marketplace.

BAYC holders are required to stake 2500 $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, the tokens are locked for 90 days, with a 3-day window to unstake at the end of this period, after which they will auto restake for another 90 days.

To get started, visit the APES Capital website and click the “CONNECT” button to sign in using your preferred method and wallet. Once signed in, users will have access to the dashboard where they can stake $APE and participate in investment opportunities available through the platform.