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ApeCoin Community Rejects Proposal for Two New NFT Collection Series

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

The ApeCoin DAO has rejected a proposal that would have introduced two new NFT collections. The two collections are Ape Coin Armory Club and Ape Coin Pet Club, which were designed to have 20,000 NFTs each. 83.95% of the voters rejected the proposal, with 10.01% of the community 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 multi-link nature of the NFT collections meant that it could have been linked to other NFT and metaverse projects, like Otherside, Decentraland, and The Sandbox. One such possibility, which the proposal hints at, is that the NFTs could have appeared in the 3D worlds of other metaverse projects.

(By Rahul Nambiampurath)

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