ApeCoin DAO votes against new NFT serial collections

The ApeCoin community has voted on a proposal that proposed the creation of a new NFT series, rejecting the idea. ApeCoin Armory Club and Ape Coin Pet Club were the two NFT collections.

ApeCoin DAO has rejected a proposal that would have introduced two new NFT pools. The two collections are the Ape Coin Armory Club and the Ape Coin Pet Club, which were designed to hold 20,000 NFTs each. 83.95% of voters rejected the proposal, with 10.01% of the community in favor of it. The NFTs would have been distributed to the crypto community for free, with the total cost estimated at $168,000.

The ApeCoin community votes against new NFT collections: Snapshot
The ApeCoin community votes against new NFT collections: Snapshot

The multilink nature of the NFT collections meant that it could be linked to other NFT and metaverse projects, such as Otherside, Decentraland and The Sandbox. One such possibility, as the proposal suggests, is that the NFTs could have appeared in the 3D worlds of other metaverse projects.

Pictures from Ape Coin Pet Club: AIP-206
Pictures from Ape Coin Pet Club: AIP-206

The full proposal showcased images of the NFTs, with the monkey logo on a shield. There were also pictures of the pets that would have formed the Ape Coin Pet Club. The proposal claims that all the NFTs from both collections “are unique in their own way, some with more rare features.”

ApeCoin Team’s Otherside second turn looked like a hit

Meanwhile, Yuga Labs, the company behind Bored Ape Yacht Club, recently announced the captains for the Otherside Second Trip event. These captains are Jimmy Wong, Brycent, Lowbellie and Cordell Broadus and they led four separate teams.

Second Trip is a virtual event where 10,000 hodlers of their Otherdeeds NFTs will test the Otherside metaverse experience. The event appeared to have been successful, with over 7,200 concurrent players at one point.

Yuga Labs’ Bitcoin NFT is a success

NFTs still seem to have a strong pull on investors, and Bitcoin NFTs in particular are gaining momentum. Yuga Labs recently auctioned its first Bitcoin-based NFT collection, raising $16.5 million in just 24 hours. The highest bidder paid over 7 BTC for one of the assets in the Bitcoin Ordinal collection called TwelveFold.

NFTs are also growing in the mainstream world, with Amazon potentially releasing its own NFTs. Amazon Web Services has signaled its foray into the space by announcing a partnership with Ava Labs.

Disclaimer

BeInCrypto has reached out to the company or person involved in the story for an official statement on the latest development, but has yet to hear back.

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