COMING UP: ApeCoin's Banana Bill And Thrive Are Bringing Another Season Of ThankApe To ApeChain!
- Kyle
- May 24
- 2 min read
Another season of rewards is right around the corner as Thrive Protocol gets ready to launch Thank Ape Season 8 on ApeChain, with support from the Banana Bill!
Earlier this week, Ape Foundation CEO Cameron Kates released the ApeCoin DAO funded Banana Bill Q1 2025 Transparency Report, revealing how 14.6 million $APE was spent between January 1 and April 30 of this year.
In the 25-page document, Kates and the Banana Bill team also revealed a new partnership with Thrive, the company behind the popular ApeCoin DAO-funded Thank Ape initiative, to support an NFT and AI focused season of giving on ApeChain!
“Thrive Protocol is a treasury allocation platform that helps blockchains efficiently distribute grants to builders who deliver real, measurable value,” the Banana Bill team wrote. “As opposed to traditional grants, Thrive uses a milestone-based model where builders get paid only when they execute proposed deliverables and hit key performance indicators. Now backed and funded by Banana Bill, their genesis deployment — Thank APE — will soon be launching a season of initiatives focused on supporting builders experimenting with novel innovations for NFTs and AI on Apechain.”
At this time, it's unclear exactly when Thank Ape Season 8 will begin, but we do know it will feature activations across six different categories: ApeChain Builders, Built by ApeCoin, Culture & IRL, Partnerships, Builder Funding, and Contributions, according to the Thank Ape website.
As the Bored Ape Gazette previously reported, Thrive and Thank Ape have been staples of the $APE ecosystem for years, distributing over 1.8 million $APE to more than 10,000 unique contributors!
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