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  • Writer's pictureKyle

As The Great Marketplace Wars Rages On, Snag Solutions Announced Its "Creator Relief Program"

As the NFT marketplace battles rage on, the ApeCoin DAO’s official Marketplace announced its “Creator Relief Program,” and updated the $Ape community on its platform’s fee structure.

On Saturday, Snag Solutions founder ZHeerwagen took to Twitter and announced that his platform would be removing all fees from its various marketplaces, including the ApeCoin Marketplace.

“We're launching the @Snag_Solutions 'Creator Relief Program' today,” ZHeerwagen tweeted. “All Snag marketplace fees are now 0%, through at least 6/31 so we can support creator royalties when needed most. For we don't 'control' the .25% owed to the community, but our .25% fee is also gone. It's now only .25% to list, and the full fee is routed to the DAO. Every @yugalabs royalty is enforced.”

As the Bored Ape Gazette previously reported, Snag Solutions opened its marketplace to the ApeCoin community on November 23rd, 2022, after the DAO voted in favor of the platform’s creation in September 2022.

“You been waiting for this,” Snag Solutions Founder ZHeerwagen tweeted at the time. “Today @snag_solutions is launching the official @ApeCoin DAO marketplace. The custom marketplace includes unique features built specifically for the BAYC and Otherside communities, including ApeCoin staking and NFT metadata integrations. Staking and daily rewards are directly embedded within the buy and sell flow, and we’ll continue improving the experience by adding filters for Apes with $APE staked, listed sets, and more.”

Apes that are interested in finding out more about Snag Solutions’ ApeCoin Marketplace, can check out the platform here:

The Bored Ape Gazette will continue to follow Snag Solutions and will keep you posted on the ApeCoin Marketplace.

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