The proposal for ApeCoin DAO to open an Ape-themed hotel in Bangkok, Thailand has been voted through

ChainCatcher news, according to Snapshot, the proposal AIP-448 initiated by ApeCoin DAO to open an Ape-themed hotel in a prime location in downtown Bangkok has been approved with a voting rate of 78.3%.

Once the themed rooms are completed, ApeCoin DAO will receive 50% of the room revenue within one year. ApeCoin DAO will also earn revenue from all themed rooms (including APE, BAYC, Otherside, Apechain, Mocaverse), and the funds will be returned to the DAO treasury on a quarterly basis. The local compliance and settlement of the funds will be managed by the hotel.