Image: ApeCoin DAO
Bored Ape Yacht Club NFT holders can buy new merchandise items from Yuga Labs — but they can only use the newly-launched ApeCoin to do it, according to an announcement in the BAYC Discord server. Yuga Labs, which has a large stake in the organization backing ApeCoin, will get more ApeCoin (and more control over the organization) as NFT holders pay for their merch.
That is, assuming they can. Continuing cryptocurrency’s trend of “money but worse,” users complained they were having trouble checking out.
Hey everyone, we’re aware of the Coinbase Commerce issues during merch store checkout. They are working on a resolution now. If you encountered payment problems we’ll be following up with next steps soon.
— Bored Ape Yacht Club…
