🚨 ApeCoin DAO Update 🚨
The ApeCoin DAO has officially approved a significant proposal with an overwhelming 98.02% support! 🎉 This decision involves dissolving four non-essential workgroups:
Governance Workgroup
Marketing and Communications Workgroup
Metaverse Workgroup
Web3 Development Workgroup
💰 These workgroups have been costing the DAO nearly $3 million annually, and their operational efficiency has been notably low. With the ApeCoin Foundation’s funds dwindling, this move aims to ease financial strain.
🔄 The proposal recommends outsourcing these functions to third-party teams and conducting a request for proposal (RFP) process to ensure transparency and accountability in recruiting new teams. This strategy is set to enhance the operational efficiency of the DAO.
Stay tuned for more updates! 🚀