According to IsletCrypto, APECoin DAO announced today that it will provide 13,000 APECoin in the form of microgrants to the Meebits NFT community. Presently APECoin’s price is $3.08 USD providing just under $40,000 USD for microgrants.

APECoin DAO will provide a total of 13,000 APECoin in three waves to the Meebits community to further develop the NFT utility and add to the use of APECoin. Traditionally, APECoin DAO or Yuga Labs will identify the utility instead these developments will come from the community. What will the community develop? Indeed, it is anyone’s guess. Proposals can be from anyone and not just the Meebits community. This unquestionably allows for ideas from outside the Yuga Labs and APECoin DAO to enter their ecosystem.