ApeCoin DAO votes to open APE-themed hotel in Bangkok

As a seasoned analyst with extensive experience in the crypto market and hospitality industry, I am both intrigued and impressed by the ApeCoin DAO’s proposal to launch an APE-themed hotel in Bangkok. The strong support for this project, as evidenced by the overwhelming majority of votes in favor, speaks volumes about the enthusiasm and commitment within the ApeCoin community.


As someone who has been closely following the cryptocurrency world, I’m thrilled to share my excitement about a recent proposal put forth by the ApeCoin decentralized autonomous organization (DAO). The idea is to establish an APE-themed hotel right in the heart of bustling Bangkok.

More than 91% of the votes are for the proposal, signaling strong support for the hotel’s opening.

ApeCoin DAO votes to open APE-themed hotel in Bangkok

Voting for the ApeCoin (APE) hotel, initially named AIP-448, started on July 18.

As of the deadline for this report, approximately 4.6 million APE tokens have been cast in favor of the proposal, whereas around 411 thousand have been opposed. This equates to 8.16% of the overall votes being against the launch.

According to reports, AIP-448 is intended to bring together intellectual property applications, the hospitality industry, the arts, and cryptocurrency. The planned hotel is said to feature a variety of attractions and amenities themed around ApeCoin.

The institution might showcase ApeCoin-focused displays, open an APE-inspired lounge, and create several spaces adorned to reflect various Ape community themes.

Additionally, it could include an APE-branded swimming pool and a dedicated area for exhibitions.

The ApeCoin Hotel proposal requires approximately 410,000 APE from the ApeCoin community’s reserve for its implementation. Voting on this proposal will end on July 31.

ApeCoin hotel benefits

The ApeCoin Hotel, as outlined by the Decentralized Autonomous Organization (DAO), is designed to foster support for ApeCoin, ApeChain, and diverse APE community groups. The DAO disclosed that this initiative will offer numerous advantages to members of the APE community.

The DAO suggested that half of the earnings derived from themed rooms be transferred to the ApeCoin DAO’s treasury for a period of one year. Additionally, the hotel had the option to accept ApeCoin as a form of payment, with supporters believing this move would underscore the cryptocurrency’s practical applications and possibly stimulate increased usage.

The hotel project intends to implement several community-focused programs. Such initiatives might encompass granting 50 free night stays to APE cardholders and allowing complimentary use of specific hotel amenities for local residents.

In addition, the proposal details a distinctive check-in method for ApeCoin owners at a themed accommodation. To confirm eligibility, guests are required to validate their ApeCoin Forum membership and wallet balance at the reception desk upon arrival.

Visitors are welcome to recount their adventures on X. In order to secure complimentary lodgings, individuals must document their trip with photographs and favorable comments for monetary reimbursement.

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2024-07-21 22:18