ApeCoin DAO Plans to Venture into the Hospitality Industry

posted  22 Jul 2024
Photo - ApeCoin DAO Plans to Venture into the Hospitality Industry
ApeCoin DAO members are voting on a proposal to establish a themed hotel in central Bangkok, Thailand. The hotel would feature rooms inspired by APE tokens, the BAYC NFT collection, Otherside, Apechain, Mocaverse, and more.  

The hotel will also offer amenities like a swimming pool, various events, and exhibitions for guests.  

Concept illustration from the proposal

Concept illustration from the proposal's author Source: snapshot.org

The goal is to create unique accommodations while providing additional utility for the APE token, generating revenue for ApeCoin DAO, and boosting brand recognition.  

The proposal outlines the registration process for guests, the benefits for APE token holders, and the costs involved in executing the plan. The amount requested from the ApeCoin Ecosystem Fund totals $410,000 APE.

At the time of writing, the majority of votes (over 87%) support the proposal. The process will conclude on August 1.

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