ApeCoin Community members are voting on several proposals to improve the token’s utility as its first token unlock nears. There are three proposals before the community, and the major one is a proposal by Magic Eden to build an ApeCoin DAO NFT marketplace. The Solana-based platform proposal, “AIP 93: A Marketplace for Apes, by Apes, built by Magic Eden – Brand Decision,” is open for votes between September 16 and 22.
If approved, Magic Eden will create a marketplace where those holding ApeCoin can sell and buy all ApeCoin DAO NFTs such as Bored Apes, Mutant Apes, Bored Kennels, and Otherdeeds. However, other proposals before the DAO have received more support. One of them is Snag Solutions’ “AIP-98: A Community-First ApeCoin DAO Marketplace Proposal – Brand Decision.”. This proposal offers a 0.5% marketplace fee for all ETH listings and only a 0.25% fee on APE listings.