ApeCoin DAO Proposes AIP-448 for APE-Themed Hotel in Downtown Bangkok, Aiming for 50% Room Revenue

Jul 21, 2024, 09:57 AM

The ApeCoin decentralized autonomous organization (DAO) has initiated proposal AIP-448 to establish an Ape-themed hotel in downtown Bangkok, Thailand. This venture aims to generate revenue for the DAO, with plans for the organization to receive 50% of the room revenue within the first year of operation. The proposal has sparked discussions among community members, with some expressing skepticism about its potential value and cost-effectiveness. The current voting approval rate for the proposal is yet to be disclosed, but it has garnered attention within the ApeCoin community and beyond, as participants consider its implications for future revenue generation.