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ApeCoin DAO allows Yuga Labs to talk up the virtues of decentralization while also enjoying the benefits of centralization like collecting all the profits (Casey Newton/Platformer)


Casey Newton / Platformer:

ApeCoin DAO allows Yuga Labs to talk up the virtues of decentralization while also enjoying the benefits of centralization like collecting all the profits— Tokens like the new one from Bored Ape Yacht Club promise to decentralize the web. So why are insiders reaping most of the profits? — i

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