David Westin speaks with top names in finance about the week’s biggest issues on Wall Street.
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Technology is changing how business is done in most every industry, but there are some who have been affected the most: like newspapers, manufacturing, healthcare and beyond. Quicktake Original series, System Shock, will tell the stories of this revolutionary technology.
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The physical artwork of “Bored Ape #2967” created by Bored Ape Yacht Club, left, and “Mutant Ape #1933” created by Mutant Ape Yacht Club
Olga Kharif
Holders of ApeCoin approved two measures that may help to sustain the momentum around the cryptocurrency launched to support the Bored Apes NFTs.
The “ape improvement proposals” ratified in a vote that closed late Wednesday by the so-called decentralized community, giving owners the option to lock up their tokens for a period of time in exchange for more ApeCoin in the future. While the logic of such an agreement may seem circular, handing out incentives to remain invested has become a fairly common strategy in crypto.
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