According to PANews, the ApeCoin DAO community recently voted in favor of a proposal to create an NFT Launchpad supported by APE, with a final approval rate of 88.69%. The proposal aims to establish an NFT Launchpad that uses APE as currency to mint NFTs on the ERC-20 network. This platform will provide creators with a place to mint, display, and trade their NFTs, thereby increasing the utility and adoption rate of Ape as a token.

The implementation steps and timeline indicate that the design and planning of the front-end platform UI/UX is expected to take one month. The design and planning of the front-end platform UI/UX is expected to take another two months. After this, the platform will undergo Alpha and Beta testing with the team and relevant partners for an estimated one month. Once the audit is completed, the platform will be opened to the public.