ApeCoin DAO’s New Proposal AIP-150 Launches Vote for “ApeCoin Capsules”

02/17/2023 02:47 • Daily Digest • 110 views

According to the news on February 17, ApeCoin DAO has launched a new proposal AIP-150 and launched a vote to launch the new “ApeCoin Capsules”, which will contain 4 stickers, 1 patch and 1 poster, a total of 1000, of which 250 will be retained by ApeCoin as a gift. Wallets with 20 APEs will be eligible to claim, but only one “capsule” can be claimed for each wallet/physical address. The voting will end on February 23, and the current approval rate is 100%.

ApeCoin DAO plans to launch “ApeCoin Capsule”, and the wallet with 20 APEs will be eligible for application

Interpretation of the news:

ApeCoin DAO, a decentralized autonomous organization built on the Ethereum blockchain, has launched a new proposal, AIP-150, and launched a vote to launch a new product, “ApeCoin Capsules.” These Capsules will contain 4 stickers, 1 patch, and 1 poster, with a total number of 1000. However, 250 will be retained by ApeCoin as a gift, leaving only 750 for users to claim. Wallets with 20 APEs will be able to claim a Capsule, but only one Capsule can be claimed per wallet or physical address.

On February 17, 2021, the news of the launch of the “ApeCoin Capsules” was released, and the voting began simultaneously. The current approval rate of the voting stands at 100%, which signifies that the product has gained acceptance among the ApeCoin community. However, the voting will continue until February 23.

The launch of the “ApeCoin Capsules” can be seen as a strategy by ApeCoin DAO to boost user engagement and increase the adoption rate of their cryptocurrency. It is noteworthy that the Capsules contain merchandise items such as stickers, patches, and posters, which could act as an incentive for users to accumulate more APEs. Users will be motivated to add more tokens to their wallets to attain the minimum requirement of 20 APEs, which will make them eligible to claim a Capsule.

Furthermore, the retention of 250 Capsules as gifts by ApeCoin also gives an impression of airdrop campaigns like those found in DeFi projects. The airdrop campaigns are often used to acquire more users and grow the community members. Thus, by retaining some of the Capsules, ApeCoin DAO could be aiming to attract more users to their community.

In conclusion, ApeCoin DAO’s new proposal, AIP-150, and the launch of the “ApeCoin Capsules” can be viewed as a strategy for increased user adoption and engagement. The merchandise items within the Capsules can act as incentives for users to add more tokens to their wallets, while the retention of 250 Capsules by ApeCoin DAO could attract more users to join their community.

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