According to Odaily, ApeCoin DAO has initiated proposal AIP-448 to establish an Ape-themed hotel in a prime location in central Bangkok, Thailand. The initiative aims to enhance the exposure, recognition, and utility of ApeCoin's BAYC IP while generating actual revenue for ApeCoin DAO. The proposal outlines that once the themed rooms are completed, ApeCoin DAO will receive 50% of the room revenue within the first year. Additionally, ApeCoin DAO will earn income from all themed rooms, including APE, BAYC, Otherside, Apechain, and Mocaverse, with funds being returned to the DAO treasury on a quarterly basis. The hotel will handle local compliance and settlement of funds. The voting on this proposal is scheduled to conclude on August 1, with a current approval rate of 92.14%.