According to Snapshot information, ApeCoin DAO initiated proposal AIP-448 to open an Ape theme hotel in a prime location in downtown Bangkok, Thailand, aiming to increase the exposure, popularity and practicality of ApeCoin's BAYC IP and create actual income for ApeCoin DAO.
It is reported that after the theme rooms are completed, ApeCoin DAO will obtain 50% of the room revenue within one year. ApeCoin DAO will also obtain income from all theme rooms (including APE, BAYC, Otherside, Apechain, Mocaverse). The funds will be returned to the DAO treasury on a quarterly basis, and the hotel will be responsible for the local compliance and settlement of the funds. The relevant vote is scheduled to end on August 1, and the current approval rate is 92.14%.