ApeCoin Owners Vote Against Leaving the Ethereum Blockchain
- 54% of ApeCoin owners voted to keep token on the blockchain
- ApeCoin owners have been worried about Ethereum’s high fees
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ApeCoin owners have decided to keep the token, which is expected to be key to snagging exclusive metaverse game items and deals, on the Ethereum blockchain despite its high transaction fees.
About 54% voted in favor of keeping the token on Ethereum, according to tracker Snapshot. Around 3.8 million tokens voted in favor of staying with 3.3 million against, Snapshot showed. A large chunk of the coins belongs to its creators including Andreessen Horowitz and Animoca Brands.