ApeX NFT is a series of NFTs issued by ApeX, which will have the subscription interest of the protocol’s governance token, as well as the proof of equity interest of its VIPs in ApeX’s future loyalty program. The total number of NFTs issued will be 4,580 pieces. In addition to trading and token equity attributes, ApeX NFTs are highly valuable as art collection pieces.

The public sale of the ApeX NFT also paves the way for the ApeX protocol to build and communicate its core brand value and culture to audiences in the Web 3.0 era.

A total of 20 ApeX OG NFTs have been sold in the form of whitelist invitations, owners being well-known opinion leaders in the industry, as well as senior researchers and investors of DeFi projects. The remaining 4,560 ApeX Predators NFTs has all been minted on March 11.

ApeX OG - Terminator

OG NFTs are the most valuable and rarest ApeX Game NFTs. Holder of OG NFTs, are entitled to the most exclusive user benefits on the ApeX protocol (lifetime 50% transaction fee discount) and will be eligible to participate in protocol governance and more on the ApeX project.

The category of ApeX NFT is divided into 3 types according to the rarity:

• Fūrinkazan
• prime
• predators

Users can view the ApeX NFT rarity setting by visiting the ApeX NFT predators collection on Opensea.io, and directly trade in the secondary market.

ApeX NFT Game - one last ape standing

The main gameplay and inspiration behind the NFT game is the squid game style, where it's a coordination game, and depending on the individual's, whether they would want to immediately receive tokens, or HODL it for longer and stand to earn from a larger pool which will be forfeited by those who burned early.

Holders need to burn their ApeX predator NFTs to redeem the APEX token, ApeX NFT game rewards can be divided into two parts - base rewards and bonuses. The amount of bonuses one participant can get is affected by two factors: holding time and the number of NFTs remaining in the game.

This is how we calculate the rewards an NFT holder can get:

• Time passed: the length of time you hold the NFT during the game period, which will last for a total of 180 days.
• Vault: current prize pool amount.
• nftCount(remain): the number of remaining NFTs in the game.
• 1500 stands for APEX tokens that will be distributed linearly one the game begins.

According to the ApeX game settings, only 60% of the total bonuses will be distributed to participants who choose to burn their NFTs, and the remaining 40% will stay in the prize pool.