{"id":49405,"date":"2023-05-08T12:02:58","date_gmt":"2023-05-08T16:02:58","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=49405"},"modified":"2023-05-08T12:05:40","modified_gmt":"2023-05-08T16:05:40","slug":"yat-siu-steps-down-from-apecoin-dao-special-committee","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/yat-siu-steps-down-from-apecoin-dao-special-committee\/","title":{"rendered":"Yat Siu Steps Down from ApeCoin DAO Special Committee"},"content":{"rendered":"\n

The chairman of Animoca Brands and a prominent Bored Ape Yacht Club member announced that he would not run for re-election in the ApeCoin DAO governance<\/a> framework.<\/p>\n\n\n\n

\"Yat<\/figure>\n\n\n\n

Yat Siu, chairman of Animoca Brands, announced on social media that he will not run for a second term as a member of the ApeCoin DAO Special Committee. <\/p>\n\n\n\n

The Special Committee is a group of five elected representatives who serve as stewards of the ApeCoin DAO\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, the decentralized governance framework that supports the Ecosystem Fund.<\/p>\n\n\n\n

Currently, elections have begun for the second special committee of ApeCoin DAO. Yat Siu explained that he decided to make room for the right individuals. <\/p>\n\n\n\n

His responsibilities will aid in the transition of the new committee members and infuse ApeCoin DAO with fresh blood.<\/p>\n\n\n\n

“I am vacating the spot for others, which I think is appropriate. <\/strong><\/em>Siu stated, “My role was to assist in onboarding the new SC members to transition in some new blood but will always be there to serve in other ways.” <\/strong><\/em><\/p>\n\n\n\n

A Continued Support for ApeCoin and BAYC<\/strong><\/h2>\n\n\n\n

In addition, Yat Siu said he would continue to provide services for ApeCoin<\/use><\/svg><\/span><\/a> and BAYC<\/a> in the future. The ApeCoin DAO appointed Yat Siu as one of the five founding members of its first special committee in March 2022.<\/p>\n\n\n\n

In April, Siu informed the Gazette that Animoca Brands aims to make additional Bored Ape games with Yuga Labs on The Legends of The Mara.<\/p>\n\n\n\n

In an interview with Cointelegraph, Siu discussed the future of NFTs and predicted that nonfungible tokens would usher in a time when human creativity is genuinely rewarded.<\/p>\n\n\n\n

A New Election Season for ApeCoin DAO<\/strong><\/h3>\n\n\n\n

In addition, ApeCoin DAO launched the second special committee election, and applications will be accepted until May 21 at 2:00 p.m. <\/p>\n\n\n\n

Candidate voting will take place June 15\u201321, membership voting June 22\u201328, and new members' terms will begin July 1, 2023.<\/p>\n\n\n\n

ApeCoin DAO aims to build and maintain a diverse and autonomous environment for Bored Apes and other NFT<\/a> enthusiasts. <\/p>\n\n\n\n

It also supports innovative projects like the Ecosystem Fund's 1.8 billion euros for a community magazine.<\/p>\n","protected":false},"excerpt":{"rendered":"

The chairman of Animoca Brands and a prominent Bored Ape Yacht Club member announced that he would not run for re-election in the ApeCoin DAO governance framework. Yat Siu, chairman of Animoca Brands, announced on social media that he will not run for a second term as a member of the ApeCoin DAO Special Committee. […]<\/p>\n","protected":false},"author":44,"featured_media":49408,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[8164,5392,4251,14399],"class_list":["post-49405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-apecoin-dao","tag-cryptocurrency-2","tag-bored-ape-yatch-club","tag-yat-siu"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/yat-sui.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/49405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=49405"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/49405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/49408"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=49405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=49405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=49405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}