📢 Big news! Animoca Ventures launches ApeCoin Ventures proposal, new opportunities for Web3!

On July 21, BlockBeats reported that Animoca Ventures, the early venture capital arm of Animoca Brands, launched a proposal vote in the ApeCoin DAO community called "Establish ApeCoin Ventures". This proposal is quite interesting!

According to the proposal, ApeCoin DAO will invest $5 million in APE tokens, and Animoca Ventures will also provide $5 million in fiat currency for a 1:1 match. In this way, a total investment fund of $10 million was born! This fund will mainly invest in early Web3 projects in the seed and A rounds, especially those that can integrate APE tokens into their ecosystems.

This proposal is not only for investment, but also brings more opportunities for participation to the ApeCoin DAO community. After the investment is successfully exited, 50% of the token income will be returned to ApeCoin DAO, and community members can choose to exchange these profits back to APE tokens. In this way, everyone can not only see the growth of the project, but also directly benefit from it, which is really killing two birds with one stone!

Of course, ApeCoin Ventures is not working in vain, they will charge a 1% management fee. This fee will be used for operational work such as project review, due diligence, ecological support, and cooperative promotion. After all, professional things should be left to professionals!

What do you think of this proposal? Do you think this is an excellent investment opportunity, or do you think it is risky and needs to be treated with caution? Welcome everyone to speak freely in the comment area and share your views and insights! 💬

In general, this proposal has undoubtedly brought new vitality and opportunities to the Web3 field. Whether you are an investor, developer or ordinary user, you can find your own way to participate in it. Let us look forward to the future development of ApeCoin Ventures together!

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