
The ApeCoin Foundation has also appointed Cameron Kates of Yuga Labs as their new CEO. Bored Ape Yacht Club's founder has thrown support behind Otherside, declaring it a 'Roblox Killer' backed by ApeCoin. Important infrastructure shifts have occurred with the migration of ApeCoin NFT staking to ApeChain, and the introduction of NFT Shadow Delegation Support.
Yuga Labs, the backers of ApeCoin, have proposed to dismantle ApeCoin DAO due to failed governance, suggesting it be replaced with a new entity, ApeCo. Additionally, the community has approved a proposal for a hotel in Bangkok. Rumored partnerships include an exciting one with Alpine F1, promising an enhanced fan experience. Moreover, ApeChain's launch was significant, igniting a price rally for ApeCoin.
A key point to note is that whales, while initially interested, started to wane, facing skepticism. Lastly, there have been proposals for a move towards a more centralized structure from a DAO form, sparking many dialogues within the ApeCoin community.
APE Coin News Analytics from Thu, 17 Mar 2022 07:00:00 GMT to Mon, 28 Jul 2025 17:35:55 GMT - Rating 7 - Innovation 4 - Information 6 - Rumor 3