{"id":139498,"date":"2023-05-18T14:17:28","date_gmt":"2023-05-18T14:17:28","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=139498"},"modified":"2023-05-18T15:08:57","modified_gmt":"2023-05-18T15:08:57","slug":"apecoin-improvement-proposal-gets-a-go-ahead-will-ape-rise","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/apecoin-improvement-proposal-gets-a-go-ahead-will-ape-rise\/","title":{"rendered":"ApeCoin Improvement Proposal Gets a Go Ahead – Will APE Rise?"},"content":{"rendered":"
In a recent development, ApeCoin<\/a> has approved a new governance proposal. This<\/strong><\/span> proposal<\/a><\/strong> is aimed at launching new projects to magnify ApeCoin\u2019s presence in the NFT sphere.<\/strong> The DAOs voted in favor of the community proposal. This proposal would lead to the development of an Accelerator Program<\/strong>, hence, promoting the use of ApeCoin (APE) in multiple new projects, slowly separating from the Ethereum<\/a> blockchain.<\/span><\/p>\n <\/p>\n The ApeCoin Improvement Proposal (AIP-209) was proposed through DAO\u2019s Idea Proposal mechanism. About 59.09% of the voters voted in favor of the proposal while 40.91% voted against it<\/strong>. As per the abstract of the proposal:<\/span><\/p>\n \u201cThe Ape Accelerator (Ape Launchpad) is designed to help strengthen the ApeCoin and BAYC ecosystem by incubating and facilitating projects that contribute to, and utilize, ApeCoin and BAYC IP ecosystem growth.\u201d<\/span><\/i><\/p>\n It is believed that new projects on the Ape Launchpad will increase the utilization of APE in the crypto community. Another objective would be to increase the value of the renowned NFT collection, Bored Ape Yacht Club (BAYC<\/a>)<\/strong>. Plus, the incubation and development of these projects will help in the expansion of the ApeCoin and BAYC IP ecosystem<\/strong>. Thus, increasing the adoption rate of these two.<\/span><\/p>\nApe Launchpad \u2013 A Potential Boost For ApeCoin and BAYC NFT Collection<\/span><\/h2>\n