The organization will be established directly by Yuga Labs and will be responsible for supporting high-caliber builders. In addition, it will be tasked with bolstering ecosystem projects like ApeChain, Bored Ape Yacht Club (BAYC) and Otherside.
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Yuga Labs looks to replace ‘unserious’ ApeCoin DAO with new ApeCo entity
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Yuga Labs plans for ApeCo to become the main entity managing funds and development across the ApeCoin ecosystem if approved by the DAO.
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