- The ApeCoin decentralized autonomous organization started a proposal earlier this week to open an APE-themed hotel in the heart of Bangkok.
- Strong support for the hotel’s opening is indicated by the plan receiving more than 91% of the vote.
On July 18, voting for the ApeCoin (APE) hotel—originally known as AIP-448—began.
As of the time of publication, 411 thousand APE had voted against the launch, while 4.6 million APE had voted “yes.” 8.16% of the votes cast are cast by those who are not in favor.
It is said that AIP-448 will combine cryptocurrencies, the hospitality industry, the arts, and intellectual property applications. The planned hotel is said to have a wide range of services and attractions with an ApeCoin theme.
The establishment might have exhibits centered around APEs, a bar with an APE theme, and several rooms furnished to symbolize various APE communities.
It might also feature an exhibition space and a swimming pool with the APE logo.
Voting ends on July 31. ApeCoin Hotel is requesting 410,000 APE from the ApeCoin ecosystem fund to bring the idea through.
Benefits of ApeCoin hotels
The DAO states that the ApeCoin Hotel’s mission is to fully promote ApeCoin, ApeChain, and other APE communities. According to the DAO, the project aims to offer the APE community a number of advantages.
For a year, the ApeCoin DAO treasury would get 50% of the money from themed rooms, according to a proposal made by the DAO. Second, the hotel might take ApeCoin as payment, which would prove the cryptocurrency’s practicality in the real world and possibly increase its distribution, according to supporters.
The hotel project also intends to include a number of community-focused programs. These might include giving APE holders fifty nights of free lodging and granting community members free access to specific hotel amenities.
Additionally, a special check-in procedure for ApeCoin holders at a themed hotel has been detailed in the proposal. According to reports, visitors would have to show their wallet balance and ApeCoin Forum membership at the front desk.
It is encouraged of guests to talk about their experiences on X. To be eligible for payback, those requesting free stays would need to post about their experience with pictures and complimentary remarks.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
