ApeCoin DAO Launches Community-Led NFT Marketplace!
ApeCoin DAO Launches Community-Led NFT Marketplace!
The New Marketplace
On November 23rd, the ApeCoin DAO, a community-led group consisting of ApeCoin token holders, announced the official launch of their new NFT Marketplace.
This marketplace in question was built by the NFT infrastructure company Snag Solutions and was made to allow users to trade multiple Yuga Labs NFT collections, including Bored Ape Yacht Club, Mutant Ape Yacht Club, and The Otherside Metaverse.
You been waiting for this!!
Today @snag_solutions is launching the official @ApeCoin DAO marketplace 👇 pic.twitter.com/AFFignsokA
— Zach | Zheerwagen.eth (@ZHeerwagen) November 23, 2022
Zach Heerwagen, CEO of Snag Solutions claims the marketplace offers users “unique features built specifically for the BAYC and Otherside communities, including ApeCoin staking and NFT metadata integrations.”
Related: ApeCoin Staking Site Blocked In Multiple Countries Including US
Lower Fees & Staking Features
One of the big selling points Snag Solution offered that seemed to have won over the favor of the ApeCoin community is that the platform offers reduced fees in comparison to other NFT Marketplaces like OpenSea.
In comparison to OpenSea’s standard 2.5% fee, the Snag Solution platform offers a smaller 0.25% fee on listings in $APE and 0.5% fee on listings in ETH.
Aside from that, the marketplace also offers users the staking details and metadata of any listed NFTs.
1/ The custom marketplace includes unique features built specifically for the BAYC and Otherside communities, including ApeCoin staking and NFT metadata integrations. pic.twitter.com/mem2ZsXNkt
— Zach | Zheerwagen.eth (@ZHeerwagen) November 23, 2022
Related: Block.one CEO Acquires Significant Equity Stake of Crypto Bank Silvergate
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