ApeCoin To Get Sister DAO, Kangamoon Reshapes the Gaming Industry, Polygon Unveils New Upgrades
In light of recent developments in the cryptocurrency and gaming industries, ApeCoin has unveiled a new proposal to bolster its ecosystem. Meanwhile, Polygon Labs has shared its vision for blockchain scalability, while Kangamoon has been attracting gamers to engage in its competitive ecosystem.
Summary:
- The Apecoin community now voting on the creation of a “sister DAO”
- Polygon gains attention with improvement proposals.
- Kangamoon ecosystem set to transform P2E gaming.
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Can ApeCoin’s New DAO Stop the APE Price Drop?
The ApeCoin DAO community is now voting on the creation of a “sister DAO” and the transfer of 750,000 APE tokens to it. This sister DAO’s goal is to acquire powerful non-fungible tokens (NFTs). According to current data, the idea has a 65% acceptance rate.
In July, a proposal was published about the allocation of 750,000 Apecoin tokens to acquire NTFs. These NFTs would be stored in a vault managed by the community. The APE token holders would have the authority to make decisions regarding them.
Currently, there are 4.4 million APE tokens supporting the proposal. However, the Apecoin value hit a one-month low of $1.13, dropping by 27% over the past 30 days. This decline is attributed to a decrease in daily active addresses and a drop in demand for Apecoin.
Polygon Labs Unveils Game-Changing Vision
The Polygon Labs has outlined major upgrades for the future. Co-founder Sandeep Nailwal believes the ecosystem can become a crucial part of the internet’s value layer. An important step of this vision is the integration of zero-knowledge technology.
The aim is to provide cost-effective solutions for the Ethereum community. Polygon is paying close attention to the demand for scalability and reducing costs in the blockchain industry. To show their dedication to this goal, Polygon has introduced an improvement proposal.
This proposal will be open to input from the community and voting in the last quarter of 2023. These proposals revolve around converting the Polygon MATIC token into POL. Experts are optimistic that this change will cause the Polygon price to reach $0.87 by December 2023.
Kangamoon (KANG) Kangaverse To Reshape the Gaming Industry
Kangamoon (KANG) is a new P2E game taking over the gaming industry with its new thrilling boxing game. The game gives meme lovers a community where they can monetize their gaming time. In the virtual world of Kangaverse, players take on the role of Kangamoon, a kangaroo that loves boxing.
The Kangamoon game offers an interactive ecosystem known as the Fight Club, the King of the Ring, and the M’NFTS. In the King of the Ring, players can compete in a fun and intense boxing match and create their own boxers to represent their fighting style.
The Meme Non-Fungible Token (M’NFTS) combines the character of both a meme coin and a gaming character. Players can use NFTs to participate in various in-game activities and earn rewards. Additionally, Utilizing the M’NFTS can earn real-world tokens and other incentives.
With the Kangaverse, Kanagmoon is changing the business of gaming. The native KANG token currently costs $0.005 in its first presale stage. Analysts Predict KANG could rise by 22x by the completion of the presale and 35x once it is listed on major exchanges.
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Website: https://Kangamoon.com/
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