Yat Siu has recently announced his decision to vacate his position as a member of the ApeCoin Special Committee. Yat Siu, one of the five original members appointed to this post in March 2022, said the move was made to make way for the right people and to help the transition to new members of the committee.

The special committee of ApeCoin DAO serves as a “steward” to the community rather than operating as a CEO or operator. Yat Siu will continue to provide assistance to the ApeCoin project in the future as well.

In April, Yat Siu was interviewed by The Gazette and discussed the upcoming games being developed by Animoca Brands, in collaboration with Yuga labs, based on the Bored Ape character. They intend to release more Bored Ape-related games in the future.

In a separate interview with Cointelegraph, Yat Siu voiced his hopes for the future of non-fungible tokens. He believes these tokens will provide a platform where human creativity is highly valued.

The second special committee election will get underway in May 2021 and run until June 2021. Following that, voting for members of the special committee will commence from June 15-21, with voting for new members taking place from June 22-28. The new members’ terms will officially begin on July 1, 2023.



Other News from Today