Why Bored Ape Avatars Are Taking Over Twitter

But what gives $APE any value to begin with? It’s not directly, legally tied to the profits of Yuga Labs, the parent company of BAYC — that would make it a totally illegal security. In a literal sense, owning the token only allows you to vote in matters of concern to the decentralized autonomous organization (DAO) that formed around the currency. T... See more