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  • Writer's pictureKyle

ON THE BALLOT: NFT Labs Wants To Expand Its Physical Magazine's Coverage& Be Powered By $Ape

Extra! Extra! Read all about it! There is an Ape Improvement Proposal on the ballot this week that aims to fund a monthly physical magazine that covers $Ape and expand its presence online!

AIP-314 titled “Beyond the NFT: NFT Lab Magazine’s Plan for Empowering ApeCoin’s Global Community,” is an ecosystem fund allocation proposal written by ApeCoin DAO Contributor and Elite Apes/ NFT Labs Magazine Founder, JasonApe.

“NFT Lab Magazine is a well-established physical publication that has distributed over 20,000 magazines through 4 issues spread across 1,000 locations, reaching over 35,000 readers,” JasonApe wrote. “This proposal aims at promoting Apecoin and Yuga ecosystem news and projects to the existing audience base and beyond. Our strategy includes generating content that spotlights community projects, ApeCoin DAO news, Yuga projects and approved AIPs, thus enriching the ApeCoin ecosystem and drive mass adoptions, potentially increase the $Apecoin and Yuga collections value.”

To expand the magazines content and coverage, JasonApe is asking the DAO to allocate $92,000 USD to NFT Labs magazine so he and his team can bring on a content team and build a website featuring an online version of the monthly magazine!

The window to vote on AIP-314 is currently open and ApeCoin DAO Contributors have until next Wednesday, October 4th, to vote on this proposal.

The Bored Ape Gazette is working to find out more about NFT Labs magazine and will bring you an interview with JasonApe about his AIP later this week. Stay tuned for updates!

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