/

Yuga Labs Drops Monkey Merchandise in Exchange for ApeCoin

Thu, 31 Mar 2022 12:04:31 +0000

BAYC MAYC NFT ApeCoin Merch

Revered society of perpetual primates, the Bored Ape Yacht Club, has gone supernova with its new merch drop, allowing holders of its infamous collectibles to swap their newly acquired $ApeCoin for things and stuff.

According to sources, owners of both the Bored and Mutant Apes can redeem their sweet coin for a wide range of real-world goods. Therefore, lining the shelves, collectors can find hoodies, hats, sports apparel and comfort blankets, each adorned with simian designs and the familiar monkey-themed logos.

Response to the drop has been a mixed bag. As such, some collectors snapped up the ape wearables with ardent enthusiasm, while others remain unimpressed by the unreliable platform and failed transactions. Going further, one disgruntled participant labelled the whole thing a ‘shitshow’.

The more skeptical cross section of ape society however, questions the motives of Yuga Labs, the company behind the operation. The recently launched ApeCoin also provides governance opportunities via the ApeDAO, something fans have been keen to point out is neither decentralized, or autonomous.

Through this DAO, holders of the aforementioned ApeCoin will receive voting rights on company decisions, while the Yuga Labs merchandise operation will hand those governance tokens right back to the company in charge.

Holders can visit the merch store >> Here

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

The post Yuga Labs Drops Monkey Merchandise in Exchange for ApeCoin appeared first on NFT Plazas.

Thetoken Sniper

To list cryptocurrency projects first apply through our contact page. After applying the project, we will review and accept your project. When accepted it will be visible on the new listing page instantly but not on the top of the page. To be top of the page, you need to follow our ranking process. Our ranking process is simple. The highest votes will hold the top position on the websites and get attention from all the visitors. A higher vote means higher popularity. As votes matter, get your community to vote on your project. You can vote for your coins and events every 24 hours. The voting process is pretty simple. Just click the button named “Vote” on the right side of your coin. You can promote your coins and events here also. To do this you have to contact us using our contact form.

Home Contact Events Twitter Term and privacy
Copyright Reserves © 2022. All Rights Reserved.