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ApeCoin DAO has passed the proposal to dissolve "Web3 development, metaverse and other four working groups"
2024-10-17 06:27:22
Odaily News The Snapshot page shows that ApeCoin DAO passed the "Disband Four Non-essential Working Groups" proposal with 98.02% support. The proposal proposes to disband the governance working group, the market and communication working group, the metaverse working group, and the Web3 development working group. The proposal points out that these working groups cost the DAO nearly $3 million per year, and their tasks are performed inefficiently. In addition, the proposal states that the funds of the ApeCoin Foundation are rapidly decreasing. In order to reduce financial pressure, the proposal recommends outsourcing related functions to third-party teams and recruiting teams that meet transparent and responsible standards through a request for proposal (RFP) process to optimize the operational efficiency of the DAO.