BOREDPrice

(BORED)

The token 'BORED' refers to at least two distinct Web3 projects, operating on different blockchain networks with differing philosophies. One project, identified as $BORED, functions as a meme coin on Ape Chain. It draws inspiration from the culture and creativity of the Bored Ape Yacht Club (BAYC). This iteration of BORED aims to foster community, humor, and blockchain innovation within the Ape ecosystem. Its objectives include delivering engaging campaigns and providing on-chain utility and entertainment to unite enthusiasts of Ape-themed projects and meme coins worldwide. The project's strategy focuses on expanding its accessibility across the broader crypto ecosystem. The total supply for this token is 1 billion, with no taxes on transactions. Ape Chain itself is connected to ApeCoin, developed by Yuga Labs, the creators of BAYC, to support community governance and development. Another project, also using the 'BORED' symbol, is an ERC-20 token on the Base layer-2 network. This version positions itself as an "anti-memecoin," rejecting the typical "memecoin casino" mentality, constant trading, and associated stress. It originated from the Farcaster community and was launched using a Web3 chat application called Party. The project's core intention is to experiment with a "Network State" within the Base ecosystem, aiming for a "positive sum version" of the memecoin trend. It promotes the idea that "being BORED" can lead to creativity, invention, and focus, and can be seen as a form of reputation score. Token distribution for this project involves splitting tokens among members and a liquidity pool, with planned airdrops over a period of 12 months. The total supply for this specific token is approximately 3.14 billion. In general, potential use cases for BORED tokens can include facilitating payments or participating in earning opportunities. One project also mentions the goal of providing an affordable source of passive income, optimized for generating $ape, and outlines a decentralized autonomous organization (DAO) that would acquire and stake BAYC and MAYC NFTs to distribute passive income to holders. There is also a mention of a BORED Web3 coin on the Solana blockchain, though specific details about its purpose are limited. Learn more

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