Bored Ape Yacht Club-focused news outlet The Bored Ape Gazette will receive funds from the ApeCoin DAO’s treasury. Dubbed AIP-70, the proposal requests allocating funds to enhance the Bored Ape Gazette. The community approved it on Thursday. Overall, the fund allocated to operating and updating The Bored Ape Gazette amounts to $150,000 for a year.
Voting has now ended on Snapshot and AIP-70. The AIP, which provides $APE to transform @BoredApeGazette into a 24-hour style news site, has been approved by the community. Thank you to everyone who voted!
— ApeCoin (@apecoin) July 28, 2022
The Bored Ape Gazette will focus not only on Bored Ape Yacht Club but also on other Yuga Labs projects. The website will feature an ApeCoin price chart, governance votes tracker, a calendar and a real-time sales tracker that shows activity across Yuga Labs projects.
THANK YOU » The Gazette’s AIP Passed With 88% Support!
I Look Forward To Transforming The Website And Covering This Community For Years To Come!
Check Out The Paper’s New Substack Below And Be Sure To Subscribe To The Paper’s Weekly Newsletter: https://t.co/yJmrN9guuN
— The Bored Ape Gazette🍌 (@BoredApeGazette) July 28, 2022
After the announcement, $APE pumped a little but the price still far from the all-time high of $26.19 last April.