Learn about APES Capital, a collaborative venture between basedVC and Bored Ape Yacht Club, empowering web3 gaming startups through tokenized ownership and democratized investment methods.
By Eliza Crichton-Stuart
Updated May 29th 2024
Updated May 29th 2024
In a new collaboration, basedVC and the Bored Ape Yacht Club (BAYC) have unveiled APES Capital, a community-led venture capital initiative "designed for Apes by Apes". This partnership marks a significant move towards democratizing investment opportunities in the web3 gaming space. In this article, you will learn about how APES Capital plans to empower web3 and blockchain gaming startups through tokenized ownership and democratized investment methods.
basedVC aand Bored Ape Yacht Club (BAYC) Reveal APES Capital
BasedVC is a web3 venture capital firm that has been at the forefront of addressing the funding challenges prevalent in the web3 ecosystem. By leveraging blockchain technology, basedVC pioneers a solution that enables retail investors from approved jurisdictions to participate in investment opportunities traditionally reserved for high-net-worth individuals.
Through tokenized ownership and democratized investment methods, basedVC aims to dismantle barriers to entry and provide equal access to a diverse range of projects. The Bored Ape Yacht Club, known as one of the most influential NFT projects globally, has joined forces with basedVC through their community-led initiative, Apes Plus. With the launch of APES Capital, members of the BAYC community gain seamless access to investment opportunities in web3 and blockchain gaming startups.
APES Capital Art
APES Capital will serve as a dedicated portal exclusive to Bored Apes and Mutant Apes, allowing members to utilize the Ape Coin to participate in top-tier projects. Leveraging basedVC's best-in-class licensed legal structure, APES Capital provides retail investors with peace of mind through rigorous due diligence and solid project tracking.
This collaboration not only prevents Apes from becoming exit liquidity on traditional exchanges but also introduces a comprehensive ecosystem featuring announcements, feeds, links, chat, over-the-counter, and ticketing systems tailored to the Apes community.
Bored Apes and Mutant Apes NFTs
Since its inception, APES Capital has already deployed over $40 million of capital and invested in more than 20 projects, including notable names like Shrapnel, Nillion, Heroes of Mavia, and Supraoracles.
The partnership between basedVC, BAYC, and its community underscores the immense potential that decentralized finance can unlock. By embracing community-driven initiatives, Apes Capital heralds a positive trajectory for the web3 and the blockchain gaming ecosystems.
APES Capital Connect
BasedVC stands as a regulated limited partner investment vehicle, offering early-stage investment opportunities to select web3 communities and holders of their future NFT projects. The firm's mission is to provide Investment-as-a-Service to both native and non-native web3 users in a secure, hassle-free, and efficient manner.
Since its launch on April 30, 2021, the Bored Ape Yacht Club has rapidly evolved into a thriving ecosystem, encompassing NFT collections, cryptocurrency, and the well-known Otherside metaverse project. What distinguishes BAYC is its strong sense of community and consistent generation of new content, cementing its status as a trailblazer in the NFT space.
updated:
May 29th 2024
posted:
May 20th 2024