NFTs News

ApeCoin Community Revolts Against Proposed NFT Collections

Key Points:
  • 83.95% vote against the new NFT series proposal, with 10.01% in favor of it.
  • The NFTs would have been handed out to the crypto community for free, with the overall cost estimated at $168,000.
  • The NFT collections could have been linked to other NFT and metaverse projects like Decentraland and The Sandbox.
ApeCoin Community has voted on a proposal regarding the creation of a new NFT series, with the proposal ultimately being rejected.

The proposed NFT collections, ApeCoin Armory Club and ApeCoin Pet Club, were designed to have 20,000 NFTs each. The NFTs would have been distributed for free to the crypto community, with the estimated cost of $168,000.

Despite the rejection, the proposal showed great potential for the NFT collections. The multi-link nature of the collections could have created opportunities for them to be linked with other NFT and metaverse projects such as Otherside, Decentraland, and The Sandbox. This would have allowed the collections to appear in the 3D worlds of other metaverse projects.

The full proposal showcased images of the NFTs, with the ape logo appearing on a shield. The proposal also included images of the pets that would have formed the ApeCoin Pet Club. The proposal suggested that all NFTs from both collections would have been unique in their own way, some with more rare features.

Although the community rejected the proposal with 83.95% of voters against it, the proposal itself is a clear indication of the growing popularity of NFTs and their potential in the crypto world. Similar proposals may continue to emerge in the future as the crypto community continues to explore the possibilities of NFTs and their potential for growth and innovation.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Qubetics, Cosmos, and Chainlink: Why These Cryptos Are Your Best Bet for November 2024

Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…

2 hours ago

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

5 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

7 hours ago

Best Cryptos to Buy: Qubetics Set to Rise, Bitcoin Knocks at $100k Milestone, Avalanche to Release 1.67M Tokens

Best Cryptos to Buy: Qubetics presale rockets ahead, Bitcoin nears $100k, and Avalanche prepares to…

7 hours ago

Ike Goes Live on Mainnet: Unlocking Liquid Staking on Aleph Zero

London, United Kingdom, 21st November 2024, Chainwire

8 hours ago

Native USDC on Aptos Coming Soon to Boost DeFi and P2P Transactions

The move will see developers utilize USDC on Aptos in creating dApps on a wide…

8 hours ago

This website uses cookies.