The Apecoin network recently announced the launch of AIP-112 to incentivize $APE holders
AIP-112 has passed the community vote! The AIP proposes free-to-claim luxury products for ApeCoin holders (both digital and physical), produced by the Forever Apes team. Implementation will now begin per governance protocols
See more here: https://t.co/CEehF7R3Yp
— ApeCoin (@apecoin) October 27, 2022
AIP-112 was the brainchild of the Forever Ape team, an ingenious group of the Ape DAO that believes all members of the Apecoin network deserve compensation.
This arrangement will make all holders eligible for Ape luxury products, both digital and physical, in turn boosting the morale of the Ape community.
It was said that the community will be rewarded for playing their part to aid the growth of the Apecoin ecosystem.
Thus, the Apecoin team appeals to the community for their support of the project while they are eager to give out IRL physical rewards to holders happily.
To spice things up, there will be decks of cards of about 1000, and each card will feature a unique NFT character.
Only holders of at least 100 $APE are eligible to claim the reward at no cost.
Previously the network utilized its native token to accomplish a similar project BAYC playbook; it turned out to be successful, increasing the community population and engagement.
Hopefully, there will be a profound impact on the activeness of the ecosystem, with the help of shared stories, opinions, and experiences, as this will also assist the platform in reaching the peak of its capacity as the choice web3 token.
The team is working hard toward achieving their goal by sampling card designs, web development, and other background work to ensure everything turns out perfectly.
The Ape community has experienced significant growth, all thanks to $APE. Currently, they have over 80 members and expect more to join them in months.
The platform is currently giving all members of the community an avenue and opportunity to show how well they appreciate the network through their digital and physical products.