ApeCoin (APE) is owned and operated by the ApeCoin DAO (decentralized autonomous organization). Ownership of ApeCoin doubles as membership into the ApeCoin DAO and allows owners governance rights. 62% of the total token supply has been allocated to the ApeCoin community, a portion (15% of the total supply of ApeCoin) of which will be made available to Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC) NFT owners. BAYC holders will be able to claim up to 10,000 APE tokens per NFT, while MAYC holders can claim about 2,000 APE per NFT.