in

NFT REVIEW NEWS ApeCoin DAO Launches Marketplace – NFT Plazas


NFT fans can now expand their collections on a brand-new marketplace. ApeCoin DAO, a community of ApeCoin holders, has just launched its NFT platform. 

As per reports, this marketplace will specialize in selling digital assets from projects under the Yuga Labs umbrella. These include the Bored Ape Yacht Club, Mutant Ape Yacht Club, Otherside, and so on. 

A New Marketplace in Town 

ApeCoin DAO created this new marketplace in partnership with Snag Solutions, an NFT infrastructure company. As per the official statement from the company, the project’s role will be to cater to a particular community of asset holders.

“The custom marketplace includes unique features built specifically for the BAYC and Otherside communities, including ApeCoin staking and NFT metadata integrations,” the company said. 

The announcement also touched on the project’s royalties structure, which is currently a hot-button issue within the NFT space. Notably, the marketplace operates with a reduced fee structure, charging .5% fees on Ethereum sales and .25% fees on ApeCoin sales. Another .25% of each sale is held in a multi-signature wallet that will be used to fund DAO initiatives.

Learn more >> The Ultimate NFT Guide

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.





Source link

If this article, video or photo intrigues any copyright, please indicate it to the author’s email or in the comment box.

What do you think?

5 NFT Points
Upvote Downvote

Written by NFT REVIEW MARKET

I am the curator of the NFT Review Market News. If the document or content infringes any copyright, please point it out in comments and it will be promptly removed. To all the articles we include the link of the Resource that appears as Source Link If this article, video or photo intrigues any copyright, please indicate it to the author's email or in the comment box.

Crypto Alerts Noticias Criptomonedas Intercontinental lanza NFTs que permiten dormir en hoteles de lujo

NFT REVIEW NEWS Saudi Arabian-Themed NFTs Surge Following Cup Upset