ApeCoin DAO is voting on an bold proposal to open a Bored Ape-themed lodge in Bangkok. In accordance with the proposal submitted by DeSmart, the challenge would entail remodelling an present lodge in downtown Bangkok, which would come with sundry options impressed by the world-famous Bored Ape Yacht Membership and perks for ApeCoin holders.
Bored Ape Lodge Proposal
The proposal requires $356,000 in APE tokens to fund the renovation. The lodge would function APE-themed and adorned rooms, an APE bar, a pool, and reveals highlighting ApeCoin, ApeChain, and the broader neighborhood. DeSmart argues that this is able to primarily improve ApeCoin’s visibility and usefulness from its present standing and may presumably spur actual income era for the DAO.
The lodge would have an a variety of benefits for holders of the ApeCoin cryptocurrency. For instance, 50 free nights—with a single night time per holder. The concept is to supply an incentive to the neighborhood of ApeCoin by rising the cryptocurrency’s utility.
Furthermore, 50% of the proceeds from the APE-themed rooms, which shall embody APE, BAYC, Otherside, Apechain, and Mocaverse, can be returned to ApeCoin DAO for a interval of 1 12 months from when they’re accomplished. The opposite facet of the proposal is that the lodge accepts ApeCoin as a way of fee, additional giving the foreign money purposes in the actual world.
Advantages to Holders of ApeCoin
The lodge might provide a number of different advantages to ApeCoin holders, together with free entry to the rooftop bar for any occasion, free entry to MBA-themed exhibitions, and a number of other neighborhood participatory actions. The emphasis is, due to this fact, on neighborhood engagement and interplay with scheduled occasions each two months to boost the relations between the members.
The proposal additionally goals to additional model publicity by organising themed exhibitions, bars, and rooms to advertise the ApeCoin ecosystem to the utmost extent attainable. The lodge’s administration can be on this proposal, and based on DeSmart final Might.
In accordance with DeSmart on the time, “We have conducted on-site inspections and reached an intention of cooperation with a hotel in downtown Bangkok. They are very interested in and supportive of our ideas and proposals and will fully cooperate with our team in implementing this project.”

Group and Financial Impression
The response from the ApeCoin DAO, on the time of writing, has been overwhelmingly optimistic, with 87.72% of the vote translating to roughly 4.8 million APE to ‘Yes’ and 12.28% translating to roughly 672,000 APE ‘No.’
It comes at a time when ApeCoin itself is buying and selling at $0.84 and seeks new revolutionary tasks to convey curiosity again to its cryptocurrency. The Bored Ape-themed lodge is without doubt one of the extra inventive ways in which one might consider to date relating to integrating cryptocurrency with real-world purposes.