Kyle
Q&A: The Gazette Interviewed Zheerwagen About His $Ape Marketplace Proposal. Check It Out Here:
An Ape Marketplace has been a topic of discussion at the Ape Coin DAO for weeks.
Recently, various teams have submitted different ideas for an official ApeCoin marketplace for Yuga Lab NFTs.
Some of these marketplace ideas have been submitted by major players in the NFT space while others have been submitted by longtime Bored Ape Yacht Club members.
One of these marketplace ideas dubbed “Snag Solutions” was submitted by Bored Ape Yacht Club member Zheerwagen.
“At the heart of this proposal is our desire to build for the community, and embrace Web3 values of decentralization via composability, non-extraction, and interoperability,” Zheerwagen wrote in his proposal.
Zheerwagen went on to list some of the key features of the Snag Solution’s marketplace:
1. Leveraging @reservoir0x’s open-source, on-chain orderbook to increase openness and composability.
2. Aggregated orders from major marketplaces (OpenSea, LooksRare, X2Y2, Sudoswap, and more) to maintain a strong bridge to the rest of the NFT market.
3. Native sales in $APE with no fees to users buying and selling in $APE.
4. A .5% marketplace fee on $ETH listings and a .25% fee in $APE. .25% of all fees will be sent to a community-held multi-sig wallet on a monthly cadence. The use of funds can then be decided in a separate AIP. (more on why later) The .25% from $ETH will be converted to $APE and sent to the wallet.
5. Development of contextual and ape-specific marketplace functionality, such as integration of key BAYC metadata, relation to the Otherside, and more.
Further in the proposal, Zherrwagen wrote that Snag Solutions marketplace proposal will cost the DAO nothing and that they’d like a six-month lease on marketplace.apecoin.com pointed to their hosted website.
Read Snag Solutions’ full proposal here: https://forum.apecoin.com/t/a-community-first-apecoin-dao-marketplace-proposal/8079
Also, you can check out the Snag Solutions marketplace website here: https://www.snagsolutions.io
While Zherrwagen is the Co-Founder of Snag Solutions, the project also has several BAYC members as advisors. Check out Snag Solutions' full team below:

