ApeCoin Community Proposes Two New NFT Series: ApeCoin Armory Club and ApeCoin Pet Club

According to reports from the ApeCoin Forum, the community has launched the AIP-206 proposal to launch two new NFT series, “ApeCoin Armory Club NFT” and “Ape Coin Pet Club NFT”. The proposal shows that these two series will each issue 20000 NFTs, aiming to inspire APE holders and expand to the metacosmic community in the broader Yuga Labs ecosystem, ultimately promoting it to become the first wearable NFT across the metauniverse. According to Snapchat’s current data, the voting deadline for the AIP-206 proposal is March 30, but it seems that the proposal has not received support from the ApeCoin community. The current result shows that the negative vote proportion reaches 83.57%, the affirmative vote proportion is 9.8%, and the abstention rate is 6.63%.

ApeCoin initiated a proposal to launch two new NFT series, but currently the negative vote is dominant

The ApeCoin Forum has recently launched a proposal that could significantly expand the ApeCoin ecosystem. The AIP-206 proposal aims to launch two new NFT series, namely the ApeCoin Armory Club NFT and the ApeCoin Pet Club NFT. This article explores the specifics of the proposal, including its aims, what it means for APE holders, and the potential benefits and challenges it could bring to the broader Yuga Labs ecosystem.

Overview of AIP-206 Proposal

According to the ApeCoin Forum, the proposal to launch the two new NFT series is a strategic move aimed at inspiring and expanding the community of APE holders. The proposal has specifically stated that the two series would each issue 20,000 NFTs, creating a sense of exclusivity for those who manage to acquire them.
The objective is to create a unique identity for the community, which would ideally expand beyond just the ApeCoin community to reach the wider metacosmic community within the Yuga Labs ecosystem. Ultimately, the goal is to promote the ApeCoin NFTs as the first wearable NFTs across the metauniverse.

NFT Series Details

The ApeCoin Armory Club NFT series is centered around a theme of weaponry and combat, while the ApeCoin Pet Club NFT series focuses on pet companions. Both series aim to provide a highly coveted asset to APE holders and the metacosmic community.
The Armory Club NFTs are expected to be highly intricate and detailed in design, featuring weapons and other combat gear used by fictional characters. On the other hand, the Pet Club NFTs are expected to be highly customizable and unique, stemming from concepts such as cyborg animals, cypher beasts, and even mystical creatures.

How Will AIP-206 Benefit APE Holders?

If the proposal manages to garner sufficient support from the ApeCoin community, then it has the potential to benefit the holders of APE significantly. Holders will have priority access to the two new NFT series. As mentioned earlier, there are only 20,000 NFTs available for each series, creating an added level of exclusivity that is expected to drive prices up when the NFTs are traded within the broader Yuga Labs ecosystem.
Another potential benefit is the bolstering of the ApeCoin ecosystem itself. By expanding into new and unique NFT series, the community could see increased engagement and activity around the ApeCoin token. Such activity would ultimately impact the market cap of the token positively while drawing in new investors.

Assessment of the Proposal So Far

According to Snapchat’s current data, the voting deadline for the AIP-206 proposal is March 30, and it seems that the proposal has not received sufficient support from the ApeCoin community. The current results show that the percentage of negative votes reaches 83.57%, while the affirmative vote proportion is 9.8%, and the abstention rate is 6.63%.
While the proposal has yet to gain support, it is essential to recognize that there are several challenges the community is facing. One of the significant challenges is the high competition within the broader NFT space. There are significant NFT marketplaces such as OpenSea and NBA Top Shot, which already have a significant customer base.
Another challenge lies in the limited amount of time allocated for the community to deliberate and make decisions. The deadline of March 30 is just a few days away from the time of writing this article, hence creating pressure on the community to make rushed decisions.

Endnote

In conclusion, the AIP-206 proposal presents exciting new opportunities for the ApeCoin community. The proposal to launch two new NFT series, namely the ApeCoin Armory Club NFT and the ApeCoin Pet Club NFT, aims to inspire, expand and ultimately promote the ApeCoin NFTs to become the first wearable NFTs across the metauniverse.
The proposal is yet to receive sufficient support, but if it does, we can expect it to benefit APE holders in many ways, including adding exclusivity and uniqueness to their assets. However, the community, along with the broader Yuga Labs ecosystem, also faces several challenges. With high competition and limited time, the AIP-206 proposal remains a subject of deliberation among community members.

FAQs

1. Will APE holders be the only ones with priority access to the two new NFT series?
– Yes, only APE holders will have priority access to the new NFT series once they are launched.
2. What is the target market for the two new NFT series?
– The target market is the ApeCoin community and the broader metacosmic community within the Yuga Labs ecosystem.
3. When will the two new NFT series be launched?
– The launch date is yet to be announced, as the AIP-206 proposal has not yet received a sufficient level of support from the community.