The ApeCoin community has donated $1 million to support the ongoing development of the Ethereum blockchain. The community-led initiative, titled "I don't hate apes, I just want them to fund public goods," received a majority of votes in favor of the donation. ApeCoin is a cryptocurrency linked to the Bored Ape Yacht Club, a collection of unique digital ape NFTs. The proposal includes donating $300,000 to ETHGlobal and allocating the remaining $700,000 towards organizing 11 ApeCoin hackathons and supporting at least five public good initiatives. The proposer of the donation, ex-ApeCoin special council member Maariab, stated that Ethereum benefits from shared responsibility and collective appreciation, and the ApeCoin community should support the ecosystem.