AIP-304 Launches, Invests $26M in Digital Art, Buys Six Apes

The digital art movement, AIP-304, has officially commenced its operations by investing in a significant collection of digital art, including notable acquisitions such as apes. The initiative, which was approved in September, has now seen the deployment of 11M Apecoin, equivalent to $26M, marking a historic moment in the digital art collection sphere. The funding aims to support the purchase of museum-worthy pieces, including BAYC, MAYC, and punks, with two wallets already actively buying BAYC with an investment of approximately $24,000,000. Notably, the Machi AIP wallet has made purchases of six apes in the range of 17 - 20 ETH, indicating the project's commitment to acquiring valuable digital art.