The ApeCoin DAO proposal to open an Ape-themed hotel in downtown Bangkok, Thailand has been voted and approved.

Foresight News reports that, according to Snapshot information, the ApeCoin DAO has initiated proposal AIP-448 to open an Ape-themed hotel in a prime location in the center of Bangkok, Thailand, which has been approved by a vote with 78.3% in favor. After the themed rooms are completed, the ApeCoin DAO will receive 50% of the room revenue within one year, and the DAO will also receive revenue from all themed rooms (including APE, BAYC, Otherside, Apechain, Mocaverse), with the funds being returned to the DAO treasury on a quarterly basis. The hotel will be responsible for the local compliance and settlement of the funds.

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