In a bold move blending cryptocurrency and hospitality, the ApeCoin decentralized autonomous organization (DAO) has voted overwhelmingly in favor of opening an APE-themed hotel in central Bangkok. The proposal, known as AIP-448, has garnered significant support, with over 91% of votes cast in favor of the project.
Strong Community Support
Voting on the proposal began on July 18, and as of now, 4.6 million APE tokens have been cast in favor, compared to 411,000 APE tokens against the initiative. The opposition constitutes just 8.16% of the total votes, highlighting strong community backing for the hotel’s launch.
Integration of Multiple Sectors
AIP-448 aims to merge intellectual property applications, the hospitality sector, the arts, and cryptocurrency. The proposed hotel will feature a variety of ApeCoin-themed attractions and amenities, including:
APE-centric exhibitions
Ape-themed bar
Rooms decorated to represent different APE communities
APE-branded swimming pool
Dedicated exhibition areas
Funding and Benefits
The proposal seeks 410,000 APE from the ApeCoin ecosystem fund to realize the project, with voting set to conclude on July 31. The ApeCoin Hotel aims to promote ApeCoin, ApeChain, and various APE communities, providing numerous benefits to members. Key proposed benefits include:
Revenue Sharing: 50% of the revenue from themed rooms will go to the ApeCoin DAO treasury for one year.
Payment Acceptance: The hotel will accept ApeCoin as a payment method, demonstrating the cryptocurrency’s real-world utility and potentially boosting its circulation.
Community Initiatives: Plans include offering 50 complimentary nights of accommodation to APE holders and free access to certain hotel facilities for community members.
Unique Check-In Process
The proposal outlines a unique check-in process for ApeCoin holders, who will need to verify their ApeCoin Forum membership and wallet balance at the front desk. Guests are encouraged to share their experiences on social media platform X, with those seeking free stays required to post about their visit, including photos and positive feedback, to receive cashback.
Conclusion
The ApeCoin Hotel in Bangkok represents an innovative fusion of the crypto world with traditional hospitality, potentially setting a precedent for similar ventures in the future. As the voting period concludes on July 31, the ApeCoin community eagerly anticipates the final decision and the subsequent development of this pioneering project.
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