ApeCoinDAO debuts NFT marketplace for BAYC community

ApeCoin DAO, the organization that controls decisions regarding Yuga Labs’ NFT projects, has launched a new NFT marketplace by Snag Solutions for BAYC and Otherside community.

The DAO has been planning to build a community-based NFT platform. Many firms and developers submitted their proposals, out of which the Snag Solutions Ape Improvement Proposal was approved.

This is a one-of-a-kind custom marketplace with built-in features exclusively for BAYC and Otherside holders. The users can also benefit from “ApeCoin staking and NFT metadata integrations.”

Compared to OpenSea, the platform has fewer seller fees for $ETH transactions(0.5%) and $APE transactions (0.25%). Furthermore, users can also earn daily rewards through the marketplace.

Among many features, the most prominent one is the match function. Holders can easily find Mutant Ape, Bored Ape Kennel Club Dog, and Otherdeed that match their Bored Ape features.

Since this marketplace is highly focused on BAYC, it has a very enhanced user experience and user interface, making it easier for community members to navigate through Yugaverse.

Only the original NFT collections are added to the $Ape marketplace. Snag Solutions will add its acquisitions soon but currently “start with the core community so we can build usage before expanding.”

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The marketplace is already available for trading and the first Bored Ape “Token #5119” owned by @TheYounGGod18 was listed.

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