On July 19, the ApeCoin DAO began voting on ApeCoin Improvement Proposal 448 (AIP-448), dubbed the ApeCoin Hotel. The proposal seeks 410,000 APE tokens, equivalent to $3.6 million, to build an APE-themed hotel in Bangkok.
According to the proposal, this move will enhance the BAYC IP exposure, increase ApeCoin’s visibility and utility, and generate revenue for the ApeCoin DAO.
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