ApeCoin DAO Launches Community-Driven NFT Marketplace

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ApeCoin DAO Launches Community-Driven NFT Marketplace
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.ApeCoin DAO has a new NFT marketplace built by Snag_Solutions that lists some yugalabs-owned NFT collections and offers unique features built especially for the boredapeyc and OthersideMeta communities. camlearnscrypto reports

NFT collections like BAYC, Mutant Ape Yacht Club , Bored Ape Kennel Club and Otherdeed for Otherside.the platform offers “unique features built specifically for the BAYC and Otherside communities, including ApeCoin staking and NFT metadata integrations.”

The platform also offers a reduced-fee structure for sellers – .5% fees on ETH transactions and .25% fees on ApeCoin transactions – and holds .25% of each sale in ato fund future decentralized autonomous organization initiatives, creating a benefit loop for ApeCoin holders. “Snag exists to support creators by unbundling marketplaces, and we're excited to partner with the ApeCoin community to replace the status quo with a product that respects royalties while heavily reducing fees,” Heerwagen

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