The $APOLLO token powers the Creator Contest and Apollo DAO ecosystem.
$APOLLO is listed on several exchanges. For more details see our How to Buy doc.
Every week one amazing Creator will win the hearts and minds of the Apollo Community; and thus, the weekly prize wallet.
DJ
$10,000 Prize
Film Producer
$10,000 Prize
Apollo supports and encourages creators through a self-governed community seeking to fund and grow the creator economy.
Every Apollo transaction contributes 1% toward the Creators Prize Fund. Each week the Apollo community votes on which creators to fund. Winners get the funding for their next big idea.
There are so many creative people in the world with limited opportunities to break through and be discovered. Future professional painters, photographers, musicians, and content creators don’t have the free time, money, or access to opportunities to make a career out of their creative passion.
Until now…
Introducing the Apollo Inu token, a new cryptocurrency designed to build communities that help aspiring creatives and content creators get the resources they need to get their big break.
So, how does it work?
A portion of every purchase, sale, and trade of Apollo goes to a “Creator Prize Fund” controlled by the Apollo community through a Decentralized Autonomous Organization or “DAO”. Every week, anyone who owns Apollo votes for a winning creator who receives the funds they need and spreads the word about Apollo to other deserving creatives, helping to grow the Apollo community of creators, investors, and supporters.
Apollo Inu ($APOLLO) is an Ethereum (ERC-20) token designed for people who are passionate about bringing creativity and content into the world. Learn more about Apollo in our Official Whitepaper.
At the heart of every great crypto project are its ‘tokenomics’ which dictate how much and where the transaction fees are distributed on any purchase, sale, or transfer of the token. Apollo was designed to reward long-time holders and award up-and-coming creators. Basic token design is as follows:
Rewards every holder based on the size of their holdings for additional long-term appreciation.
Removes tokens from the supply to stabilize and increase value of the token.
Builds the Creator Prize Fund awarded by Apollo holders to winning creators each week.
Apollo’s mission is to build communities that help aspiring artists and content creators get the resources they need to get their big break. The cornerstone of Apollo is its Decentralized Autonomous Organization (DAO) which holds 1% of every purchase, sale, or transfer of Apollo Inu in a Creator Prize Fund.
Each week, a new contest starts. Creators nominate themselves for consideration and provide information about their work and aspirations. Then they broadcast to their family, friends and fans to vote for them, as well as use Apollo’s Discord, Telegram, Twitter, Tik-Tok and Instagram communities to generate interest in their work and earn more votes.
Anyone who owns Apollo can vote. Every holder can only vote once, and all votes are counted equally.
The number of votes and the current size of the artist fund dictates the amount of each weekly prize, insuring each prize is matched to the popularity of the audience and plenty is left over for future winners.
At the end of the week, the creator with the most votes is awarded the prize. The full vote tally and the winner are posted to IPFS and the blockchain for auditing.
Winning creators spread the word about Apollo attracting even more creators, influencers, investors, and supporters to help grow the Apollo community.Then they broadcast to their family, friends and fans to vote for them, as well as use Apollo’s Discord, Telegram, Twitter, Tik-Tok and Instagram communities to generate interest in their work and earn more votes.
Apollo believes in extreme transparency. One way we express this belief is by allowing anyone to access our public Trello board showing what is being worked on, who is working on what, what is ahead of schedule, behind schedule, or completed. It’s like a whiteboard, filled with lists of sticky notes, with each note representing a task for someone on the team to complete.
This provides the Apollo community unmatched access and transparency into the inner workings of the token and provides an opportunity for everyone to contribute to the success of the project.
For more information on how we use Trello and how to contact us if you have questions, view the Roadmap section of our Whitepaper.
