'A Different Era': Bored Ape Creator Yuga Labs Wants to Kill the ApeCoin DAO

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Yuga Labs proposes dismantling the ApeCoin DAO and replacing it with a new entity, ApeCo, to regain control and refocus the ApeCoin ecosystem on core projects like ApeChain, Bored Apes, and Otherside.

Authors

Logan Hitchcock

Publish date

June 5, 2025

Web URL

https://decrypt.co/323902/bored-ape-creator-yuga-labs-wants-kill-apecoin-dao

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Yuga Labs aims to replace ApeCoin DAO with ApeCo

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According to Solano, this would create notable benefits to the ApeCoin ecosystem, including “decisive clarity” and “strategic focus”—key themes that have been highlighted since Solano was reinstated as Yuga Labs CEO early last year and the firm began parting ways with IP it picked up since its explosive growth started in 2021.

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Just last week, Yuga Labs parted ways with the IP for Ethereum NFT collection Moonbirds that it acquired in February 2024. Earlier this year, it also sold the IP rights to the CryptoPunks and Meebits collections it acquired from Larva Labs in 2022.

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