The ApeCoin group has three proposals up for voting to have a separate NFT market for Apes powered by ApeCoin (APE). NFT market Magic Eden earlier proposed to construct the ApeCoinDAO market for the ApeCoin group to slash transaction charges, enhance consumer expertise, and enhance APE utility.
ApeCoin Group Votes on 3 NFT Market Proposals
Solana-based NFT market Magic Eden’s proposal “AIP 93: A Marketplace for Apes, by Apes, built by Magic Eden – Brand Decision” is now open for voting from September 16-22.
The proposal goals to construct the ApeCoinDAO market for ApeCoin (APE) holders to purchase and promote ApeCoinDAO NFTs together with BAYC, MAYC, BAKC, and Otherside Otherdeeds. It would have discounted 0.75% transaction charge, with no value to the DAO.
The group has voted “towards” the proposal of Magic Eden to construct an NFT market for the ApeCoin group. Actually, 85% of customers have voted towards the proposal, receiving 99K APE. Whereas, almost 15% have voted in favor of the proposal, receiving 17K APE. Due to this fact, it signifies the group is towards the proposal.
In the meantime, Snag Options’ “AIP-98: A Community-First ApeCoin DAO Marketplace Proposal – Brand Decision” has obtained main consideration from the group. Additionally, the proposal has obtained 99.73% votes in favor and 0.27% votes towards the proposal. The proposal is 50% inexpensive than Magic Eden’s proposal.
Proposal to Fund NFT Market
The ApeCoin group additionally voting on the proposal “AIP-87: NFT + IP Marketplace / Yuga Labs + Otherside Partner NFT Collections – Ecosystem Fund Allocation” from September 16-22. The proposal goals to construct a market for Yuga Labs and Otherside Companion NFT collections.
The builders have already constructed a market, apecoin.x.xyz, and look so as to add mental property elements to the NFTs. The proposal has obtained 56.66% “towards” votes and 43.34% “in favor” votes.
The ApeCoin group will choose a proposal that’s in favor of them, reduces charges, and enhance APE utility.
On the time of writing, the APE worth is buying and selling at $4.88, down almost 7% within the final 24 hours.
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