According to Odaily Planet Daily, ApeCoin DAO initiated proposal AIP-448, planning to open an Ape-themed hotel in downtown Bangkok, Thailand, aiming to increase the exposure, popularity and practicality of ApeCoin's BAYC IP and generate revenue for ApeCoin DAO.
It is reported that after the completion of the themed rooms, ApeCoin DAO will obtain 50% of the room revenue within one year, and obtain income from all themed rooms (including APE, BAYC, Otherside, Apechain, and Mocaverse). The funds will be returned to the DAO treasury on a quarterly basis, and the hotel will be responsible for local compliance and settlement of the funds.
The relevant voting is scheduled to end on August 1, and the current approval rate is 92.14%.
