Monday, October 3, 2022
HomeNFTTIME Magazine will soon accept payment in ApeCoin

TIME Magazine will soon accept payment in ApeCoin

TIME, the New York-based news magazine and publisher, has stated that APE would soon be accepted as payment for its digital subscription services. TIME has announced that its consumers will soon be able to pay for digital subscription services.

ApeCoin is a utility and governance token issued by the “Apecoin DAO” to holders of the ‘Bored Ape’ and ‘Mutant Ape’ NFTs. Since its release on March 17, APE has been the most traded NFT token among Ethereum whales.

TIME Magazine stated in April 2021 that it would accept BTC, XRP, ETH, and DOGE as payment for its digital subscription services. The new ApeCoin (APE) that was just made will also be able to be used to pay for things at the American news magazine.

TIME Magazine previously made an announcement that it will accept ApeCoin, and E11EVEN Residencies in Miami and SaltWater Brewery revealed their own plans to accept APE as payment for their products.

The founders of the Bored Ape Yacht Club, Yuga Labs, have also teased the launch of a metaverse powered by ApeCoin.

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Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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