FOREST APES - PROJECT OVERVIEW

Collection size: 5.000

Magic Eden: https://magiceden.io/marketplace/forest_apes

Discord: https://discord.gg/VHbPahdNcR

Twitter: https://twitter.com/ForestApesDAO

INTRODUCTION:

Forest Apes was a Derug from back in May last year. They quickly grew due to immense hype right after the derug happened and that allowed the team to build up some capital for further growth. A large amount was invested into Jelly E-sports right after they partnered with them through sol suite. They have been hit by multiple tragedies like the Discord being hacked and deleted but are still building and creating value.

Right now 2 main products are ebing build:

Forest Apes is proud to announce the development of its two main products. The company has partnered with Neft.World to create a Decentralized Finance (DeFi) protocol on the Solana blockchain. This will allow for the exchange of any token pair, with the company's token, Roots, acting as a means of exchange. The driving factor behind this project is the Jelly investments held by the DAO, which earns 240 Jelly per day. The company intends to add liquidity to its protocol by using Jelly in a Roots-to-Jelly pair.

In addition to the DeFi protocol, Forest Apes has also partnered with Super Pals to launch a solutionLaunchpad/Incubator for projects on the Solana blockchain. The goal of this partnership is to provide a smooth launch for both the project and the minter. Forest Apes will be offering a comprehensive in-house solution, complete with artists, advisors, and the necessary technology. The company's cut of the mint funds from various launches will be used to provide further utility for Roots and to make the economy behind the project more sustainable.