• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Transformation of ApeCoin DAO: What's Behind the Creation of ApeCo

user avatar

by Giorgi Kostiuk

15 days ago


ApeCoin DAO has approved a proposal leading to the dissolution of the current structure and the creation of a new entity called ApeCo.

Community Vote: Understanding AIP-596

Proposal AIP-596, supported by 99.66% of votes, calls for a radical reorganization of ApeCoin governance by dissolving the existing DAO and establishing ApeCo.

Why the Change? Exploring DAO Dissolution

Existing DAOs face challenges such as sluggish decision-making and lack of accountability. The shift to ApeCo may help address these deficiencies by providing more effective leadership.

Introducing ApeCo: A New Phase for ApeCoin

ApeCo will be led by Cameron Kates and other key members, outlining a more structured approach. ApeCo is expected to facilitate faster decision-making and better operational efficiency for ApeCoin.

The decision to create ApeCo represents a significant step in the evolution of Web3 governance, combining structural simplicity with community involvement.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Mutuum Finance: New Horizons in DeFi and the XRP Market

chest

Mutuum Finance continues to gain popularity amidst XRP's successes, offering utility over speculative drivers.

user avatarGiorgi Kostiuk

Upexi Attracts $200 Million for Solana Investments

chest

Upexi, Inc. secures $200 million to invest in Solana cryptocurrency, indicating rising interest from corporate investors.

user avatarGiorgi Kostiuk

Tether Focuses on Scalable Platforms, Discontinuing USDT on Five Blockchains

chest

Tether announced plans to discontinue USDT on several blockchains, allowing a focus on scalable platforms.

user avatarGiorgi Kostiuk

Investigation of X for Algorithmic Manipulation

chest

French prosecutors have initiated an investigation into the social media platform X over allegations of algorithm manipulation for foreign interference.

user avatarGiorgi Kostiuk

Solana (SOL) Price Continues to Rise Amid Increased Demand

chest

Solana (SOL) price surged 3% in the past 24 hours thanks to high demand from investors.

user avatarGiorgi Kostiuk

CZ's Accusation Against Bloomberg: Media and Cryptocurrency in Conflict

chest

Changpeng Zhao's accusations against Bloomberg highlight critical issues related to media and the cryptocurrency space.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.