ApeCoin DAO Explores Plans for Bored Ape-Themed Hotel in Bangkok

cryptonews.com:

ApeCoin DAO, the decentralized autonomous organization responsible for ApeCoin, is considering a proposal that could bring Bored Ape-inspired luxury to the heart of Bangkok.

The plan, submitted by DeSmart, a pseudonymous member of the DAO, envisions transforming an existing hotel in downtown Bangkok into a Bored Ape-themed establishment complete with APE-inspired rooms, an APE-themed bar, and a swimming pool.

To materialize this vision, DeSmart is seeking $356,000 worth of APE tokens.

The funds would be utilized to renovate the hotel, creating an immersive experience for guests and offering several benefits for ApeCoin holders.

In a bid to enhance the visibility and utility of ApeCoin, the proposal includes granting ApeCoin holders a total of 50 nights of free accommodation, limited to one night per holder.

The initiative aims to generate actual revenue for the ApeCoin DAO while rewarding its loyal community.

According to DeSmart’s proposal, 50% of the revenue generated from the APE-themed rooms would be directed back to the ApeCoin DAO for one year following their completion.

To qualify for a complimentary night’s stay, ApeCoin members would need to demonstrate their membership in the ApeCoin forum, maintain a balance of more than 1 APE, and publish a promotional tweet showcasing their experience in the themed room.

In addition to the immersive experience, the proposed hotel would also accept ApeCoin as a form of payment.

“Hotel rooms and bars will accept ApeCoin for payment, demonstrating ApeCoin’s applicability in the real world and encouraging circulation and usage,” the announcement reads.

DeSmart has already conducted on-site inspections and established a cooperative understanding with a hotel in Khlong San, Bangkok.

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