jakiro
Source: Daoshuo Blockchain
At the beginning of this year or the end of last year, it was reported that the Boring Ape Community would release its second layer of extension ApeChain.At that time, I also shared this news in the article, thinking that this measure was ineffective in boosting the popularity of the community.
Boring Ape, the former top player in the NFT ecosystem, was regarded as a top luxury product in the chain and even the entire meta-universe ecosystem at its peak. In order to maintain an unattainable position, it has tried many things:
I sent several new NFTs, issued tokens, made games (more than one)…
At that time, following the ideas of IP and entertainment, it did everything it should be done.
But it cannot withstand the sluggishness of the entire crypto ecosystem. All these measures have basically not had any obvious results. Popularity continues to dissipate and value continues to disappear.
In addition, due to the lack of innovation in the crypto ecosystem in terms of application, boring ape has not taken a new path of uniqueness in application.
So in the end, this project fell from the altar and affected all the assets of the entire project———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————-It fell below $1.
Later, when Ethereum’s second-layer expansion technology gradually matured and showed signs of becoming a tool for many projects to leverage the development of their own ecosystem, Bored Ape finally began to consider releasing its second-layer expansion.
Now, ApeChain is finally online.
ApeChain’s website (https://apchain.hub.caldera.xyz/) is very interesting. It clearly marks its data availability (DA) on Ethereum, the network uses Arbitrum One, and the Rollup technology stack uses Arbitrum Nitro.—–The whole system is built based on the technical framework of Arbitrum.
I remember that when the community first proposed to build ApeChain, there were two views: one was to start a new business and build a L1-level main chain, and the other was to build a second layer extension based on Ethereum based on the OP architecture.
In response, the OP team also expressed its high profile on Twitter that it is willing to support the project party to build a second layer of expansion based on its own technology stack.
At that time, I really hoped that the project could take the second path so that it could keep its ecosystem in Ethereum as much as possible. This would not only help the Ethereum ecosystem, but also allow the project itself to continue to grasp the traffic of Ethereum.
Now it seems that the project party is taking the second path, but instead chose OP’s OP Stack, he chose Arbitrum’s Nitro architecture.
In fact, no matter what technology you choose, as long as you can stay in the Ethereum ecosystem (such as becoming a second layer extension like now), I think it is the best solution for both project parties and users.
In addition to officially launching ApeChain, one of the more interesting ways for the project party is to directly launch its own MEME coin offering platform: Ape Express, and directly mark this is Pump Fun on ApeChain.
Some well-known KOLs in the circle (such as Beeple) and media (such as NFT NOW) have commented on Ape Express on Twitter.
Stimulated by these news, both Bored Ape NFT and the project’s token Ape have risen to a certain extent in a short period of time.
However, I still think that these price increases driven by emotions are not easy to last. In order to obtain continuous and valuable traffic and TVL, ApeChain still needs to continue to think of ways to use innovation.
But doing these is better than doing nothing.In addition, judging from the speeches and attention of people on Twitter, Boring Ape still has a very important role in the minds of many old players.If the project party can really launch some fun innovations, I believe the project’s popularity will soon rise again.
During this period, watching one second layer of Ethereum expansion after another, although I feel that many of them have no new ideas or highlights, I can still feel that the potential of Ethereum is continuing to accumulate.
Perhaps when this little bit and bit of the second layer of expansion ecosystem that looks “very inconspicuous” or even “mediocre” accumulates to a certain extent, the Ethereum ecosystem will usher in a leap from “quantity to qualitative change”.
