joga 🍌 🦍

Best decisions in life are made right after saying 'Fxck it!' 🦍
#BAYC #MAYC #HoloGang | #Azuki | #10KTF | #Chimpers | $APE @apecoin / ApeChain

[joga 🍌 🦍 @joganifty]

I couldn't resist this one @BoredApeYC
#BAYC #MAYC #ApeFollowApe

[joga 🍌 🦍 @joganifty]

@frostyz @OtherEggGenesis ✋️

[joga 🍌 🦍 @joganifty]

@Moonlyght_eth @OtherEggGenesis 👀

[joga 🍌 🦍 @joganifty]

here we go ⚔️⚔️⚔️
@OtherEggGenesis

[joga 🍌 🦍 @joganifty]

I am late to the new @OtherEggGenesis event, but finally diving into it. I've enjoyed the previous one's so looking forward to it. Thanks for continuing to build @Moonlyght_eth

Powered by Apecoin

[joga 🍌 🦍 @joganifty]

@garyvee Yes

[joga 🍌 🦍 @joganifty]

@mfigge @illionotherside @MakaveliDlaCruz Interesting. If my shadow (delegated from vault) is in the wallet connected to my glyph wallet, do I still need to connect my cold wallet to glyph as well?

[figge @mfigge]

Today we're making changes to ApeCoin.

Yuga Labs and ApeCo (fka Ape Foundation) coordinate, but operate in parallel. To keep the orgs and leaders in sync, a coordination tax is paid in additional handoffs and added decision-making checkpoints.

This made sense when the lack of regulatory clarity forced crypto to contort into strange formations just to ship.

That era is over, and we need to reset from first principles.

Simpler, with less coordination tax.

Cam helped build and lead ApeCo, and he’s fully aligned with me on this reboot. With the reset, the separate ApeCo lead role no longer makes sense in the same way. Cam is stepping down from that role.

The core ApeChain tech and BD teams will now work directly with Yuga, so the chain and its partners will be well served. Some other members of ApeCo will be departing - they’re really great people and we’re thankful for their hard work. This transition will be complete by June 5th.

ApeCoin should not feel like a separate bet from all the other progress Yuga is making with its brands. Everywhere else we are building holders with real conviction and ApeCoin will be no different.

So I’m currently planning a roadshow in June with key and prospective partners, exchanges, investors, institutions and community members in Hong Kong, Shanghai, Taipei and Seoul. We’re going to show up in person and build the relationships that move BAYC, Otherside, and ApeCoin forward together.

This is a first step, but not the only step.

[joga 🍌 🦍 @joganifty]

@mfigge Yes

[joga 🍌 🦍 @joganifty]

@ChimpersHQ 🔥 🔥

[joga 🍌 🦍 @joganifty]

@mfigge @Cryptoking @BoredApeYC Yes

[joga 🍌 🦍 @joganifty]

@nativeaborean 💯

[joga 🍌 🦍 @joganifty]

@ChimpersHQ 👀

[joga 🍌 🦍 @joganifty]

@AdamWeitsman @YachtClubSales Great ape 🫡

[joga 🍌 🦍 @joganifty]

@emils_eth @mfigge @nftgerry @BoredApeYC Yea these are numbered out of 100

[joga 🍌 🦍 @joganifty]

Thank you for the cash drop @prjx_hl 🤝

Hyperliquid

[joga 🍌 🦍 @joganifty]

Alabaster Fracture unlocked @OthersideMeta
Pretty cool experience so far

[joga 🍌 🦍 @joganifty]

@Wendys @kaylenwebb3 @Jeopardy @pudgypenguins They are cool 😎

[joga 🍌 🦍 @joganifty]

@GodZeroTheHero @chrisjwalsh Clean 🔥

[figge @mfigge]

so let me get this straight

in the last cycle

people didn’t know whether or not

launching a token

would be totally chill

or would be totally jail

because the SEC wasn’t willing to establish modern rules

so to be safe

don’t launch a fungible token in a US jurisdiction

get really good lawyers

who will tell you how to navigate

a mission impossible laser room of jurisdictions

so you don’t get in trouble with your little coin

then someone you don’t know

and will never meet

will launch your token’s smart contract in BVI or Panama

or wherever it’s chill to do that

so ‘you’ didn’t launch it

for tax purposes the token will get appraised at de minimis

so you don’t get fucked on taxes with a fortune of phantom income at tge

treasury is managed off-shore

by a ‘Foundation’

put a DAO in front to advise the Foundation

on how to distribute a token

by voting on different proposals

people organize

beauracratize

and participate in a

pure democracy where the richest people have the most votes

and winners get free money?

but at least that’s a reason to buy the token

builders try really hard

get disillusioned by proposals

get scorned by other participants

get blamed when its not working

pitchforks

dissolve dao

but then rich people holding tokies to control the ballot have no reason to hold

market sell

price down only

everyone jaded

all because

navigating a grey zone legal landscape

from washington beaureaucrats who didn’t want to set a clear policy

tokie ATL

but now

new leadership

is autistic at simplifying

and thinks a bunch of shit doesn’t make sense

and is going to tear down and rebuild

and streamline everything until its coherent

did I get that right?

[joga 🍌 🦍 @joganifty]

@mfigge 👀