Impact of apecoin on the Booming NFT Industry 🦧 How can $APE contribute to the exponentially growing NFT space?
gaming built based on the token. The token launch was highly anticipated and has been hyped by Yuga Labs for quite some time now. However, while the launch was coordinated by Yuga Labs, the strategic direction and distribution of ecosystem funds will beIn March 2022, Yuga Labs shocked the NFT world by acquiring the Meebits and Cryptopunks collection from Larva Labs, both the top 10 most valuable NFT collections. The future plans include a metaverse built around the IP owned by Yuga Labs.
The members of the ApeCoin DAO council include big names such as FTX’s Amy Wu, Sound Ventures’ Maria Bajwa, Reddit founder Alexis Ohanian, Horizon Labs’ Dean Steinbeck, and Animoca’s Yat Siu. Everyone that owns a token will get voting abilities to the DAO, the decisions of the referendum being carried out by a council made specifically to “carry out the decisions of the community,” according to a spokesperson.
Yuga Labs CEO Nicole Muniz has yet to give a statement either affirming or declining the legitimacy of the supposed pitch deck. In an interview, Muniz did, however, gave a general statement, saying:
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