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Yuga Labs Drops Monkey Merchandise in Exchange for ApeCoin

The Bored Ape Yacht Club, a revered society of everlasting primates, has gone supernova with its latest merch drop, enabling holders of its iconic collectibles to trade their newly obtained $ApeCoin for goods and services.

Owners of the Bored and Mutant Apes, according to reports, may exchange their sweet currency for a variety of real-world products. Collectors will discover sweatshirts, caps, sports gear, and comfort blankets embellished with simian graphics and the iconic monkey-themed logos adorning the aisles.

The reaction to the decline has been varied. As a result, some collectors were ecstatic to get their hands on the ape wearables, while others were disappointed by the faulty platform and unsuccessful transactions. One dissatisfied participant even called the entire event a “shitshow.”

Hello everyone, we’re aware of the Coinbase Commerce checkout troubles on the merch shop. They are currently working on a solution. If you had payment issues, we’ll contact you with next actions as soon as possible.

— March 28, 2022, Bored Ape Yacht Club (@BoredApeYC)

The motivations of Yuga Labs, the firm conducting the procedure, are questioned by a more critical segment of ape society. The ApeDAO, which was just founded, also gives governance options, however enthusiasts have been quick to point out that it is neither decentralized nor autonomous.

Holders of the aforementioned ApeCoin will get voting rights on corporate decisions via this DAO, while the Yuga Labs merchandise operation will return those governance tokens to the firm in charge.

Holders can visit the merch store >> Here