Yuga Labs Shuts Down ApeCoin DAO—ApeCo to Take Control - adtechsolutions

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Yuga Labs Shuts Down ApeCoin DAO—ApeCo to Take Control


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A company behind the boring Ape Yacht Club collection that is not threatened (NFT), Yuga laboratoriesprepares for Replace the current apecoin

Imitate

0,7217 USD



A management system with a new structure called Apeco
.

The company has suggested to close the existing Apecoin Dawhich used to be central in the project, but has since become too slow and distracted to be effective.

IN Proposal to improve monkeys from June 5Executive director Yuge, Greg Solano, explained that as he gave up to help things collapse, he was fighting for progress.

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According to him, too much time and money has been invested in ideas that the project does not move in any meaningful way.

The proposed plan would completely exclude the system. That means Completed vote based on token, cancel all earlier proposals and removal of working groups and choices. All assets owned by DA, including tokens, rights, tools and codex, would be handed over to the Apeco, a new management group set by Yuga Labs.

Solano said Apeco would take a more select and targeted approach. Instead of making funds a wide mix of projects, this would focus on less effort that are more likely to help the ecosystem grow.

Apeco will Support for larger projects under the leadership of Yuga, such as Apechain, the boring Ape Yacht Club and the other side.

Meanwhile, the Infinite Noda Foundation announced on May 13 that it had acquired the rights of intellectual ownership on the Cryptopunks NFT collection. What did the non -profit group say? Read the whole story.

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