An innovative project for cryptocurrency and NFT enthusiasts
Bangkok, Thailand – ApeCoin DAO, the decentralized autonomous organization behind the popular cryptocurrency ApeCoin, is considering a bold proposal to transform a hotel in the heart of Bangkok into a Bored Ape Yacht Club (BAYC) themed destination. This ambitious project aims not only to attract cryptocurrency and NFT enthusiasts but also to increase the visibility and utility of ApeCoin.
A Strategic Investment
The pseudonymous member of ApeCoin DAO, known as DeSmart, has presented a proposal requesting $356,000 in APE tokens to renovate an existing hotel in a prime location in Bangkok. The plan includes several BAYC-themed rooms, an APE-themed bar, and a pool, all designed to offer a unique and memorable experience for visitors.
Benefits for ApeCoin Holders
Part of the funds will be allocated to providing exclusive benefits for ApeCoin holders. These benefits include 50 nights of free accommodation, limited to one per holder, with the goal of increasing the «visibility and utility of ApeCoin.» Additionally, 50% of the revenues from all APE-themed rooms will return to ApeCoin DAO during the first year after the renovation is completed.
A Well-Received Project
So far, the proposal has been well-received by the ApeCoin DAO community, with 90% of votes in favor. Voting ends on August 1st of this year, and if approved, the project could begin soon, with the expectation of creating a landmark for cryptocurrency adoption in the real world.
Innovation in ApeCoin Usage
One of the most innovative aspects of the project is the acceptance of ApeCoin as a form of payment at the hotel. This initiative will not only demonstrate the real-world applicability of ApeCoin but also encourage its circulation and use among visitors.
Conclusion
The Bored Ape-themed hotel project in Bangkok represents an exciting opportunity for the ApeCoin community and cryptocurrency enthusiasts. With its potential to attract a broad and diverse audience, this project could mark a significant milestone in cryptocurrency adoption in the tourism sector.
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This news has been adapted from an article originally published on Cointelegraph.com.