NFT

"Magnus is angry! Sold 13 mutant monkeys within a day, dissatisfied with the differential treatment by ApeCoinDAO."

2022/8/10

As a strong supporter of the Bored Ape Yacht Club ecosystem, Huang Licheng has been continuously building token-related applications since the launch of ApeCoin. However, he was quite displeased with the Magic Eden proposal discussion introduced by ApeCoinDAO forum last night, leading him to sell off a large amount of MAYC tokens.

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ApeCoin and Magic Eden Collaboration Discussion

According to the proposal discussion on the ApeCoin forum, the largest NFT trading marketplace on Solana, Magic Eden, has proposed to help the Bored Ape Yacht Club ecosystem create its exclusive NFT trading marketplace.

In addition to being able to trade with ApeCoin, holders of NFTs in the Bored Ape Yacht Club ecosystem can also receive trading discounts, aiming to increase the use cases of ApeCoin and strengthen the token's functionality.

This discussion has received many responses, and the official Twitter account has retweeted the news. The proposal is currently under review and if approved, a vote is expected to take place in 3-4 weeks.

gm 👀 – ApeCoin fam, join the discussion and share your thoughts at Discourse: https://t.co/oVoxi5NPhc https://t.co/LZmLGORJxm
— ApeCoin (@apecoin) August 9, 2022

Big Brother Machi Feels Unfair

However, the actions of ApeCoinDAO have caused dissatisfaction in Huang Licheng, also known as Big Brother Machi. He expressed his liking for MagicEden but criticized ApeCoinDAO for never retweeting his past NFT trading marketplace X and DeFi protocol Ape Finance.

Fuck ApeCoin. I like MagicEden but that’s bullshit they never retweeted X or ApeFi. https://t.co/mIwe3ypTip
— Machi Big Brother (@machibigbrother) August 9, 2022

As reported earlier, since the launch of ApeCoin, X has released a test version of the Bored Ape Yacht Club trading marketplace. The NFT market proposal presented by Magic Eden this time is similar in many aspects to that market, causing Big Brother Machi to feel unfair, believing that ApeCoinDAO is treating him differently by promoting only Magic Eden.

"The governance of ApeCoin is simply a farce; its parliament is quite corrupt," Big Brother Machi said.

ApeCoin fucking governance theater. ApeCoin council corrupt.
— Machi Big Brother (@machibigbrother) August 9, 2022

Additionally, according to OpenSea's transaction records, Big Brother Machi has sold 13 MAYC within the past day, reducing his holdings from 100 to 87, making him the third-largest holder of MAYC.