{"id":571285,"date":"2022-05-17T17:41:49","date_gmt":"2022-05-17T16:41:49","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=571285"},"modified":"2022-05-17T17:41:49","modified_gmt":"2022-05-17T16:41:49","slug":"yuga-labs-apecoin-dao-considering-offers-to-migrate-ape-off-ethereum-onto-avalanche-flow","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/yuga-labs-apecoin-dao-considering-offers-to-migrate-ape-off-ethereum-onto-avalanche-flow\/","title":{"rendered":"Yuga Labs, Apecoin DAO Reportedly Considering Offers to Migrate APE Off Ethereum and Possibly Onto Avalanche or Flow"},"content":{"rendered":"
Summary:<\/p>\n
The team behind Yuga Labs and the ApeCoin DAO board members are reportedly listening to offers about migrating Apecoin (APE) off Ethereum.<\/p>\n
According to a report<\/a> by CoinDesk, teams from Avalanche and Flow are pitching the idea of having Apecoin migrate to their chains. Each team believes that its chain is best suited to handle an NFT ecosystem and metaverse<\/a> as popular and active as the one Yuga Labs is creating.<\/p>\n We're sorry for turning off the lights on Ethereum for a while. It seems abundantly clear that ApeCoin will need to migrate to its own chain in order to properly scale. We'd like to encourage the DAO to start thinking in this direction.<\/p>\n — Yuga Labs (@yugalabs) May 1, 2022<\/a><\/p><\/blockquote>\n\n