ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth

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ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
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ApeCoin DAO has passed a community proposal that would allow the incubation of projects utilizing apecoin tokens (APE) to bolster the fledging ApeCoin ecosystem. By shauryamalwa

that would see the launch of an Accelerator that supports the incubation of projects utilizing apecoin tokens to bolster the fledging ecosystem.

The"Ape Accelerator" aims to engage the ApeCoin community as initiators, voters, and participants. Initiators can submit proposals for projects to be incubated, while voters can use their APE tokens to vote on whether the proposed projects should be launched. Participants will be able to support approved projects by purchasing NFTs and other yet-unspecified tokens.

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