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Bored Ape Yacht Club has established itself as a firm ‘blue chip’ NFT that has withstood the test of time (as much as an NFT collection can). The Yuga Labs-operated project has announced their latest community initiative, a ‘community council.’ Seven appointed BAYC holders form the council, which has yielded mixed reviews in the early days following the council’s formation.
Let’s review all that we know so far in the early days following the council’s formation, and the impact we could see from this announcement on the project at large.
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