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total proposals
244
avg participation
0.42%
circ. token supply
597M
unique token holders
144,909
met quorum
Met Quorum100%
met support
Met Support42%
apejp.eth
apejp.eth
11,194.86 votes

No delegate statement provided

5 delegators
0x02cA76E87779412a77Ee77C3600D72F68b9ea68C
0x02cA…a68C
6,582.52 votes

No delegate statement provided

1 delegator
0x72dce6fA22ebA1F0abCb28629A3918c6C88269Da
0x72dc…69Da
6,950,134.43 votes

No delegate statement provided

14 delegators
botbape.eth
botbape.eth
105,436.31 votes

No delegate statement provided

13 delegators

AIP-363: Unlocking $APE’ potential: Building a credit market with MYSO Finance 

ABSTRACT

Liquidation Loans (ZLLs). ZLLs are a novel DeFi primitive that allow (i) borrowers to borrow without liquidation risk and (ii) lenders to lend in underdeveloped credit markets with higher yield potential.

For DAOs, ZLLs are a powerful new tool to increase the utility of their native token and to enable them to use their reserves in a more productive and strategic way.

We propose the creation of a lending market for $APE, utilizing MYSO’s v2 protocol. This initiative can offer community members access to non-liquidatable loans, thereby enhancing the utility of the $APE token. If there is confidence in the continuous growth of $APE and a desire to offer more incentives to $APE token holders, establishing a non-liquidatable lending market is an effective way to achieve this objective.

BENEFIT TO APECOIN ECOSYSTEM

By using above described convertible Zero-Liquidation Loan product, it is possible to::

  • Create credit markets for the $APE token without lengthy governance processes, oracle integrations, etc.
  • Lend treasury reserves in a more strategic way that creates value for the overall community.
  • Provide a unique borrowing experience to the ApeCoin’s community, without liquidation risk.
  • Reduce selling pressure for the $APE token and incentivize long-term holding.
  • Fully customize and control the loans one underwrites.
  • Signal high conviction on the $APE token and participate in a possible synthetic buyback strategy.

SPECIFICATIONS Using MYSO, it’s possible to offer fully customizable loan options to $APE token holders by simply setting up a lending vault and specifying the loan terms desired for lending.

For example, the grant recipient (i.e. Governance Working Group [GWG], see below) could set up a vault to lend out USDC (or any other token) and accept its native $APE token as collateral. The GWG can create multiple loan offers concurrently and define at which LTVs, tenors, and interest rates they’d feel comfortable lending. Updating/deleting these loan offers is also possible in a matter of minutes.

From a financial risk-reward perspective, the lender bears default risk that a loan may become undercollateralized and not be repaid. This resembles a deep in-the-money covered call strategy with a low delta. It’s worthwhile to mention that the risk premium is set by the GwG and can be hedged outside and independently of MYSO, if needed.

MYSO’s protocol fee starts at 0.1% and scales linearly to +0.4% for a loan with a duration of 1 year. To illustrate, the protocol fee for a loan with a 90 day tenor would therefore be at 0.2% of the collateral amount. Worthwhile to highlight that MYSO’s protocol fee is currently set at 0.00%.

MYSO v1 was deployed on Ethereum in January 2023. MYSO v2 was deployed on Mantle end of August 2023, on Ethereum end of September 2023 and on Arbitrum mid of October 2023. As of today, MYSO has a $1.25m TVL.

Other organizations that have successfully implemented MYSO’s lending protocol include:

  • Olympus DAO ($500k pilot project for a gOHM/DAI lending market)
  • Mantle (created a lending market for $MNT), Rocketpool (we launched the first RPL/rETH credit market for their community)
  • Pendle (seeded a lending market for PT-sDAI Token), IndexCoop (to seed a lending market dsETH)
OVERALL COST

$750,000 USD

In order to enable meaningful borrowing capacity, MYSO would recommend seeding $750k. It’s important to note that the GWG retains full control over their lender vault, as well as the credit markets and loans they underwrite. The GWG also has the flexibility to withdraw their funds at any time, excluding the portion currently being lent out, or add more funds to their lender vault if they wish to do so.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-363-unlocking-ape-potential-building-a-credit-market-with-myso-finance/19712

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

For

156,815votes
24%

Against

458,520votes
73%

Abstain

12,474votes
1%
2 days ago

AIP-408: Q2/Q3 2024 Governance Working Group Budget 

ABSTRACT

Screenshot 2024-04-18 at 5.13.48 PM.png

French: Here Spanish: Here Japanese: Here Simplified Chinese: Here

On February 28th, the ApeCoin DAO Governance Working Group (GWG) successfully concluded its Q4-2023/Q1-2024 budget cycle, delivering key initiatives outlined in AIP-317.

Highlights include establishing an independent legal structure, website and governance dashboard development, community reward programs, election facilitation, and the completion of a 47-page treasury and economic sustainability study. AIP processing times were reduced to an average of 16.5 days in the final draft stage, and we came in significantly under budget which allowed us to extend what was initially planned as a 6-month budget to 7 months or more. In addition, we were able to allocate legal startup costs for both new Working Groups.

The primary objective of that cycle was to increase output and develop programs that would provide significantly more value to the ApeCoin community than what was written into our original charter — a goal accomplished. Now, we’re looking to strengthen the DAO from the ground up.

Starting in Q2 2024, the Governance Working Group will roll out three new pillars of what we’re referring to as GWGV3: Education and training resources for AIP authors and leadership teams, cross-community on-chain grants programs, and a delegate accelerator initiative being developed to increase voting participation.

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Following extensive preparation and careful consideration, the Governance Working Group is excited to introduce a comprehensive, long-term strategy to empower the ApeCoin ecosystem by providing training and development solutions aimed at strengthening candidates going through our AIP process and, in turn, our proposal implementation success rate. This framework involves the launch of 14 education-based initiatives over the next 12 months, tailored specifically for the ApeCoin DAO. These initiatives will be developed and overseen by OpenCampus in collaboration with core members of NewCampus — a cutting-edge growth and leadership school serving some of the world’s fastest-growing organizations, boasting a client base of over 500 entities. Additionally, ForbesWeb3 will be joining us as a media and community growth partner to help put this program on the map and make ApeCoin DAO a premium destination for builders in Web3.

You can view the full APE_U program specifications here

Screenshot 2024-04-18 at 5.15.47 PM.png

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The Governance Working Group has also partnered with UMA to integrate their oSnap protocol for an initiative looking to explore cross-community small grant programs with the objective of extending our ecosystem into non-traditional communities. Additionally, the program will provide support for our current market, covering in-person events, NFT intellectual property propagation, professional service provider costs for ApeCoin-funded ventures, developers looking to build on ApeChain, and seed funding for early ideas.

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This initiative aims to broaden ApeCoin DAO governance participation by incentivizing the formation of smaller voting delegations, matching funds of up to 50,000 APE through GWG-delegated wallets. We will also pair the initiative with the GWG x UMA On-Chain Small Grants Program and, in some cases, provide access in smaller amounts without requiring communities to match funds, allowing them to sample how our governance processes work with the objective of them joining on their own after access to our program ends. An educational program will be established to cover ApeCoin and ApeCoin DAO fundamentals, and delegated voting rights will cycle every two months to different communities. It is important to reinforce that at no point will these funds leave the GWG’s possession.

Screenshot 2024-04-18 at 5.14.39 PM.png

BENEFIT TO APECOIN ECOSYSTEM

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  • Leveraging cross-community on-chain grants and our delegate accelerator, we will target communities that are currently not part of our ecosystem. Partnering with entities such as ForbesWeb3 and Open Campus, we dramatically expand our reach, offering exposure to our opportunities and the 14 programs being offered within the APE_U curriculum, which will also include an ApeCoinDAO onboarding series of professionally produced, co-branded four-minute videos offered in multiple languages.

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  • By simplifying the process for grants under 8500 APE and establishing precise categories, we will empower the community by streamlining opportunities that the DAO has not been set up to do up to this point.

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  • We will better-prepare authors for post-grant success with access to mentorships and training resources which encompass managerial essentials, futures thinking and opportunities for fast-tracked access to an Open Campus 6-week accelerator program designed to provide support and growth opportunities for education-focused startups. We are also exploring the possibility of introducing a rewards program to maintain strong course completion rates.

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  • In collaboration with UMA, we are set to implement automated on-chain grant distribution for our small grants programs. This move is designed to reduce standardized administrative costs and enhance cost-effectiveness for the ApeCoin community. This methodology will also serve as an opportunity to present a proof-of-concept illustrating how allocating a portion of the DAOs treasury outside of Coinbase custody could bolster the long-term sustainability of our resources.

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  • The GWG Delegate Accelerator will match APE for APE in small tiers, up to a maximum of 50k, to encourage the onboarding and establishment of qualifying groups and new communities committed to ApeCoin governance (voting) participation. The initiative will also serve as an optional collaborative program with our cross-community on-chain grants programs.
  • Importantly, within the program, no APE will leave the possession of the Governance Working Group. Instead, it will be delegated from our Gnosis Safe as a governance token, with the goal of rotating access among various communities for limited durations. This approach aims to facilitate better assimilation, ensuring recognition as meaningful ApeCoin DAO contributors without favouring particular onboarded groups. Additionally, existing delegations meeting program requirements may also qualify as participants.

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  • By strengthening our ecosystem through training and education resources and amplifying our visibility by aligning with premium brands like ForbesWeb3 and Open Campus, we will instill an re-energized sense of pride within ApeCoin DAO community members and raise our standards for success among AIP authors, developing new heights in brand equity and reasons to build with ApeCoin, and on ApeChain.

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  • As exciting as all of our new initiatives are, it is crucial to emphasize that the Governance Working Group will also remain devoted to providing continued AIP processing, Discourse facilitation, Special Council and Working Group election facilitation, community rewards programs, stakeholder engagement, support for other Working Groups, proposal development, and various all of the other additional day-to-day ApeCoin DAO operational needs. In fact, as our scope expands through various initiatives, we’re currently aiming to scale by adding members to the team, enhancing efficiency, and once again, increasing output. Quarterly and budget-end reporting will also be maintained.

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OVERALL COST

img15 The total funding request for this budget is $1,271,900.00 denominated in APE. Of these funds, $668,000.00 will be either locked and delegated to the community as governance tokens or distributed back into the ecosystem via small grants and reward programs. Any surplus will be reported and rolled into the Q4/Q1 2024/25 Governance Working Group Operations Budget. Remaining funds from AIP-317, including repaid loans provided to the Metaverse and Marketing & Communications Working Groups for costs related to establishing their legal structures, will be reported and accounted for as discretionary funding to be used for, but not limited to, general contingency, new initiative development, community rewards, community grants, business and stakeholder development, and in-person ApeCoin DAO Working Group representation.

It should also be noted that 50% of the total funding allocated for our education and training initiatives will be withheld and only accessible to the service provider as delegated governance tokens from a GWG controlled wallet until the six-month mark of the projected twelve-month duration, pending a DAO-wide vote to determine the program’s continuation.

Outside of releasing funds and certain steps of the AIP facilitation process, the APE Foundation will not be required to participate in any other areas of the proposal’s scope.

Screenshot 2024-04-18 at 5.11.29 PM.png

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PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-408-q2-q3-2024-governance-working-group-budget/21345

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

For

377,044votes
53%

Against

326,437votes
46%

Abstain

3votes
0%
2 days ago

AIP-415: Single Seat Nominees - A More Competitive Election Pool 

ABSTRACT

In the interest of concentrating the competitiveness of each election pool, this proposal would limit ApeCoin DAO election nominees to run for one single position per election cycle.

BENEFIT TO APECOIN ECOSYSTEM

By ensuring that a nominee may only apply to run for a single position in a given election period, we would see greater selectivity by candidates as they opt for the position that plays to their greatest strengths. This has the effect of enriching the overall talent pool for each position, as well as reducing crucial administrative overhead.

OVERALL COST

This proposal costs zero ApeCoin.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-415-single-seat-nominees-a-more-competitive-election-pool/22907

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

For

657,834votes
99%

Against

0votes
0%

Abstain

22votes
0%
2 days ago

AIP-411: ArtJourney with ApeCoin: The JRNY Gallery Experience 

ABSTRACT

We proudly present “ArtJourney with ApeCoin: The JRNY Gallery Experience,” a groundbreaking proposal that synergizes the dynamic realms of digital art and cryptocurrency. In partnership with the JRNY Gallery, a leading force in the NFT art scene and an enthusiastic promoter of the Web3 community, this initiative is designed to enhance the visibility and utility of ApeCoin. Founded by JRNY Crypto, a distinguished crypto expert and dedicated Ape holder, JRNY Gallery is a physical NFT Gallery situated in the heart of Downtown Las Vegas’ Arts District. This proposal aims to harness JRNY Gallery’s unique position at the crossroads of digital and physical art worlds, creating a space where cutting-edge technology meets creative expression. This proposal is intended to span for one year, which will start after a month or two of setup.

JRNY Gallery is not just a gallery; it’s a cultural hub, showcasing diverse digital art talents and hosting events that unite artists, enthusiasts, investors, and innovators. By integrating ApeCoin into this vibrant setting, we aspire to cultivate a deeper understanding and appreciation of ApeCoin’s potential, extending beyond the art community into the broader spectrum of digital innovation. Moreover, JRNY Gallery’s prime location within the Arts District becomes particularly significant during the monthly First Friday events, which consistently attract 15,000-20,000 visitors. These
events present a unique opportunity for extensive exposure and onboarding of the general public to the world of ApeCoin and NFTs. This collaboration marks a distinctive chance to bridge communities, enhance engagement, and spotlight the transformative influence of ApeCoin in the ever-evolving narrative of digital art.

Learn more about JRNY Gallery

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BENEFIT TO APECOIN ECOSYSTEM

The “ArtJourney with ApeCoin: The JRNY Gallery Experience” proposal is designed to deliver direct and significant benefits to the ApeCoin community, leveraging strategic branding and community engagement to enhance value. Here’s how we plan to capitalize on these opportunities:

  • Maximizing Brand Exposure: Our collaboration centered around the JRNY Gallery, especially during high-traffic events like First Friday, ensures that ApeCoin branding and messaging are visible to a large and diverse audience. This exposure is not just about visibility; it’s about creating a connection between ApeCoin and the innovative world of digital art. By associating ApeCoin with the creativity and excitement of the NFT art space, we enhance the brand’s perception as a leader in digital innovation.
  • Educational Outreach for Deeper Engagement: Leveraging JRNY Crypto’s expertise and platform, our educational resources about ApeCoin are designed to transform curiosity into comprehensive knowledge and active engagement. These resources, including an educational video and printed materials, will be curated with insights from JRNY Crypto, ensuring they effectively demystify ApeCoin for newcomers while enriching the understanding of existing enthusiasts. This approach transcends the mere dissemination of information, focusing instead on cultivating a knowledgeable and committed community that recognizes and values the potential of ApeCoin.
  • Community Events to Foster Loyalty: Hosting monthly events specifically for ApeCoin and Yuga holders isn’t just a means to gather the community; it’s an opportunity to strengthen the bonds within it. These events will serve as a
platform for community members to connect, share ideas, and deepen their commitment to ApeCoin, creating a more cohesive and passionate user base.
  • Utilizing ApeCoin in Transactions for Real-World Utility: Accepting ApeCoin as payment for gallery events, merchandise, and artworks translates the digital currency into tangible experiences and products. This practical utility not only demonstrates the real-world applicability of ApeCoin but also encourages its circulation and adoption, enhancing its value proposition.
  • Synergy Between Digital and Physical Presence: The combination of online promotion and physical gallery presence creates a synergy that amplifies the impact of each. The physical gallery attracts visitors and media attention, while the digital presence extends the reach globally. Together, they create a comprehensive platform for ApeCoin’s promotion, driving both immediate impressions and long-term brand recognition.

In summary, the “ArtJourney with ApeCoin” proposal is crafted to harness the power of art, education, community, and real-world utility to drive not just visibility but meaningful engagement and value for the ApeCoin ecosystem.

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Sponsorship Details The “ArtJourney with ApeCoin: The JRNY Gallery Experience” proposal includes a multifaceted package designed to showcase ApeCoin in the JRNY Gallery:

Gallery Support:

  • Two full walls within the JRNY Gallery will be dedicated to ApeCoin, featuring dynamic digital art and information displays. This high-visibility placement and creative showcase ensures that every visitor experiences the essence of ApeCoin’s integration with art.

Projects Accepting ApeCoin & AIP-Approved Projects Section:
- Our intention is to celebrate and promote projects that utilize ApeCoin, with a particular focus on showcasing projects that have been approved through the ApeCoin DAO’s AIP process. Our commitment is to foster a collaborative and respectful environment that celebrates the creativity and innovation within the ApeCoin community. Should we decide to feature any projects or works that could be associated with the “Made by Apes” concept or any other Yuga Labs program, we will ensure clear and distinct branding and signage within the gallery. This will be done to prevent any conflation between the ApeCoin DAO’s initiatives and Yuga Labs’ programs, maintaining a clear distinction in how these projects are presented and branded.

Gallery Signage:
- A striking, neon sign displaying “Powered by ApeCoin” within the gallery, creating a visually impactful reminder of ApeCoin’s presence and support.

Promotional Material:
- Informative and visually appealing printed materials distributed to gallery visitors, offering a free, tangible take-away that deepens understanding and interest in ApeCoin.

ApeCoin Gift Bags:
- Unique gift bags free of charge for visitors to create a memorable gallery experience and foster a sense of exclusivity and community among ApeCoin users.

Monthly Events:
- Regular events at the gallery celebrating ApeCoin and Yuga holders and providing a platform for networking and collaboration among enthusiasts and artists.

Advertising Inclusion:
- Featuring “Powered by ApeCoin” prominently in external advertising efforts, such as billboards and magazine ads, to extend the reach and recognition of ApeCoin beyond the gallery’s walls.

Gallery Website Promotional Page:
- A dedicated ApeCoin section on the JRNY Gallery website, serving as a promotional gateway into ApeCoin. This page aims to appeal to newcomers and experienced Web3 users alike.

Educational Videos:
- A professionally crafted video from JRNY Crypto explaining ApeCoin’s concept, utility, and vision. Positioned prominently in the gallery and online, this video will serve as a key educational tool for gallery visitors and online audiences.

Social Media Promotion:
- Active promotion of ApeCoin through JRNY Gallery’s social media channels, ensuring consistent engagement with a wider online community.

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Events and Community Engagement The “ArtJourney with ApeCoin: The JRNY Gallery Experience” proposal places a significant emphasis on events and community engagement, recognizing these as crucial platforms for fostering a strong, interconnected ApeCoin community. This segment of the proposal outlines several key initiatives:

Monthly Events for spotlighting ApeCoin and Yuga Holders: Central to our community engagement strategy is the hosting of monthly events at JRNY Gallery. These events will provide an opportunity to spotlight ApeCoin and Yuga holders, providing a regular opportunity for members of the community to meet, network, and share ideas. These gatherings could range from informal meetups to more structured events, such as speaker sessions, panel discussions, and interactive workshops. The goal is to create a vibrant, ongoing conversation within the community, strengthening the ties between members and deepening their connection to the ApeCoin ecosystem.

Discounted Events for Verified Holders: To add an element of exclusivity and reward community loyalty, we plan to offer discounted access to certain gallery events for verified ApeCoin holders. This initiative not only incentivizes ApeCoin holding but also fosters a sense of belonging and appreciation among community members. Discounted events could include exclusive viewings, artist meet-and-greets, or special workshops.

Showcasing Community Talent and Initiatives: Each event will also serve as a showcase for the diverse talents and projects within the ApeCoin community. By highlighting different Ape holder projects, art pieces, or initiatives at each event, we create an environment that celebrates and promotes the creativity and innovation thriving within our community.

Through these events and engagement strategies, we aim to cultivate a dynamic and supportive environment where the ApeCoin community can thrive, collaborate, and grow together, furthering the collective strength and vision of the ApeCoin ecosystem.

We aim to ensure that the majority of premium gallery features, particularly those related to the JRNY Gallery website and most events hosted by JRNY, are either heavily discounted or entirely free of charge. Our objective is to leverage the funding from this proposal to enhance accessibility to the JRNY Gallery and its offerings, thereby broadening participation and engagement within the ApeCoin community.

However, it is important to note that certain workshops and events may carry a ticketed price. This is particularly true for events that are hosted in partnership with external organizers who may require compensation or for exclusive, high-demand events where the capacity is limited. In such cases, ticket prices would be determined in collaboration with the event organizers, with proceeds going directly to them to cover their costs and efforts. Examples might include specialized workshops led by renowned artists or experts in the cryptocurrency and NFT space. The necessity for ticketing in these instances is to manage demand and ensure a high-quality experience for attendees, rather than to generate profit for the JRNY Gallery itself.

Our funding strategy is designed with the community’s best interests at heart, focusing on providing great value at low or no cost wherever feasible. By doing so, we aim to make the JRNY Gallery and its various utilities more accessible to a wider audience, aligning with our goal of promoting ApeCoin and fostering a vibrant, engaged community around digital art and cryptocurrency.

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Promotional Activities The “ArtJourney with ApeCoin: The JRNY Gallery Experience” proposal includes a range of promotional activities designed to enhance the visibility and appeal of ApeCoin. These activities are aimed at both gallery visitors and the broader online community, creating multiple touchpoints for engagement:

Printed Promotional Materials: We will produce high-quality, visually appealing printed materials, such as brochures, flyers, and posters, to distribute to gallery visitors. These materials will provide concise information about ApeCoin, its utility, and its role in the digital art space. They serve as a tangible reminder of the ApeCoin experience at JRNY Gallery, helping to maintain engagement even after visitors leave the gallery.

ApeCoin-themed Gift Bags: To create a memorable experience for visitors, unique ApeCoin-themed gift bags will be offered. These bags could include branded merchandise, information booklets, and possibly limited edition art pieces or tokens. The aim is to provide a tangible connection to ApeCoin, enhancing brand recall and loyalty.

Regarding the ApeCoin Gift Bags and the associated branded merchandise, including information booklets and potentially limited edition art pieces or tokens, we aim to utilize these items as free promotional materials. Our goal is to enhance the gallery experience and foster a deeper connection with the ApeCoin community, not to generate sales from these items.

To add value and exclusivity to these giveaways, we are considering implementing additional layers of engagement for recipients of the more limited edition products. For instance, eligibility could be based on holding ApeCoin or participating in ApeCoin-related activities or quests designed to promote interaction within the community and further engagement with the ApeCoin ecosystem. These initiatives are intended to celebrate and reward community participation and investment in the ApeCoin ecosystem.

All promotional materials, including the gift bags and their contents, are designed to be distributed free of charge. This approach is in line with our overarching aim to provide tangible benefits to the ApeCoin community, enhancing the visibility and appeal of ApeCoin through thoughtful, engaging, and value-driven experiences at the JRNY Gallery.

Regular Social Media Promotion: Leveraging JRNY Gallery’s social media platforms, we plan regular postings about ApeCoin. This will include updates on gallery events, highlights of ApeCoin-related art, and educational content. Engaging social media campaigns can significantly extend the reach of ApeCoin messaging, tapping into a
wider, digitally savvy audience.

"Powered by ApeCoin’’ Branding: We will integrate "Powered by ApeCoin’’ branding into various promotional channels, such as billboards, magazine ads, and digital ads. This consistent branding approach will reinforce ApeCoin’s association with creativity and innovation in the minds of a diverse audience.

Collaborations and Partnerships: Exploring collaborations with artists, influencers, and other galleries can amplify the reach of our promotional activities. These partnerships can lead to co-branded events, joint social media campaigns, and cross-promotional opportunities, further elevating the visibility of ApeCoin. We will also be seeking out other approved AIPs to collaborate with.

These promotional activities are designed not just to advertise but to engage and educate, thereby fostering a deeper connection between the audience and ApeCoin. The multifaceted approach ensures that ApeCoin’s presence is felt strongly both within the JRNY Gallery and in the wider digital art and cryptocurrency communities.

Additional Exposure and Acceptance of ApeCoin The “ArtJourney with ApeCoin: The JRNY Gallery Experience” initiative also aims to extend the influence and practical application of ApeCoin beyond the gallery, further integrating it into the broader art and crypto communities:

Monthly Articles on BlockNews.com: We plan to feature a monthly article on BlockNews.com, a JRNY Club platform known for its comprehensive coverage of
cryptocurrency and NFTs. These articles will focus on various aspects of ApeCoin, such as its use cases, community highlights, and developments within the ApeCoin ecosystem. This will not only educate a wider audience but also position ApeCoin as a leading token in the crypto-art space.

Accepting ApeCoin for Gallery Transactions: A significant step towards mainstream adoption, JRNY Gallery will accept ApeCoin as a mode of payment for gallery events, merchandise, and artworks. This move serves a dual purpose: it demonstrates the practical utility of ApeCoin in real-world transactions and encourages its circulation
within the art community. Accepting ApeCoin directly ties its value to tangible goods and experiences, enhancing its appeal to both crypto enthusiasts and art lovers.

Partnerships for Wider Acceptance: Exploring partnerships with other galleries, art events, and online platforms to accept ApeCoin can broaden its acceptance and usability. These partnerships will not only promote ApeCoin’s utility in the art world but also encourage its integration into other creative and commercial endeavors.

Community-driven Initiatives: Encouraging the ApeCoin community to propose and lead initiatives that can further the acceptance and exposure of ApeCoin. This could include community-led art projects, collaborations with artists, and online campaigns that highlight the use of ApeCoin in creative contexts. By focusing on these areas, the proposal aims to create a broader acceptance of ApeCoin, both as a currency and a key part of the evolving digital art narrative. These efforts will help to bridge the gap between cryptocurrency and the mainstream, showcasing the practical and innovative uses of ApeCoin in various domains.

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PLATFORMS & TECHNOLOGIES:

Digital Displays: For showcasing dynamic digital art and information about ApeCoin on two full walls within JRNY Gallery.

Gallery Website: A dedicated ApeCoin section on the JRNY Gallery website, implying the use of web development technologies for creating an engaging online presence.

Social Media Channels: For the promotion of ApeCoin and the gallery’s events, indicating the use of platforms like Instagram, Twitter, Facebook, etc.

Educational Video Production: Involves video editing and production technologies, possibly animation and high-end graphics software, to create a video explaining ApeCoin’s concept, utility, and vision.

Printed Promotional Materials: While not a digital technology, the production of high-quality printed materials (brochures, flyers, posters) will likely involve graphic design software.

Neon Signage: Custom-made, artistically designed light-up signage for in-gallery branding, involving design and manufacturing technologies specific to neon signage. BlockNews.com : For publishing monthly articles about ApeCoin, suggesting the use of content management systems (CMS) and digital publishing platforms.

Digital Content and Media Creation: Utilizing video and photography equipment and editing software for content creation to promote events and the ApeCoin integration.

Digital Marketing and Social Media Promotion: This would include the use of digital marketing tools, social media advertising platforms, and possibly influencer marketing platforms.

Event Organization Tools: For managing and hosting events, possibly involving event management software or platforms like Eventbrite.

ApeCoin Transactions: Accepting ApeCoin as a payment method for gallery events, merchandise, and artworks suggests the use of cryptocurrency payment gateways or platforms that support ApeCoin transactions.

OVERALL COST

Total Budget: 400,000 $APE

The budget for “ArtJourney with ApeCoin: The JRNY Gallery Experience” is meticulously designed to cover all aspects of the initiative, ensuring a high-quality execution for one full year following a month or two of setup. Below is a breakdown of the estimated costs, including the value of JRNY Club provided deliverables:

Gallery Wall Space, Setup and Operation:
Cost: 50,000 APE
High-quality digital displays and necessary renovations for the dedicated walls. Monthly updates for monitor art and informational displays. Includes a section in the gallery for Apecoin merch and other related items.

Educational Video Production:
Cost: 0 APE (Provided by JRNY Club)
Professional-grade educational video, including animation, high-end graphics, and JRNY Crypto’s insight. Designed to be integrated with other Ape Coin Education programs and initiatives.

Website Development and Maintenance for ApeCoin Landing Page:
Cost: 5,000 APE
Advanced web development for an interactive and engaging ApeCoin section on the JRNY Gallery website, with integrated features like engaging interactive elements, regular updates, and a user-friendly interface. Where we will direct local traffic that want to learn more about ApeCoin and where we will host the educational videos and materials.

Printed Promotional Materials:
Cost: 15,000 APE
Premium quality printing for a range of materials, including brochures, large format posters, and interactive QR code-linked flyers.

ApeCoin-themed Gift Bags:
Cost: 50,000 APE
Deluxe gift bags with high-quality branded merchandise, custom-designed items, and limited edition collectibles.

Digital Content and Media:
Cost: 40,000 APE
Video and photography from major ApeCoin events at the gallery from high-tier local production companies. Photos and Videos will be shared to help boost ApeCoin marketing as a whole, as well as within our own ecosystem.

Social Media Promotion and Digital Marketing:
Cost: 50,000 APE
Comprehensive digital marketing campaigns, including paid social media advertising, influencer partnerships, and content creation services.

Event Organization and Hosting:
Cost: 40,000 APE
Hosting monthly events with reserved spaces to discuss Ape Coin and its initiatives.

Advertising (Billboards, Magazine Ads, etc.):
Cost: 80,000 APE
Premium placements in high-traffic areas and leading magazines, with professionally designed advertisements.

Gallery Signage (Light-Up Sign and Other Branding Materials):
Cost: 10,000 APE
Custom-made, artistically designed light-up sign and other high-quality branding materials for in-gallery promotion.

Partnership and Collaborative Efforts:
Cost: 30,000 APE
Engaging with well-known artists and influencers for collaborative promotional efforts and special gallery features.

Miscellaneous and Contingency Costs:
Cost: 30,000 APE
Reserved for unexpected expenses, additional promotional opportunities, or enhancements to planned activities.

A message from JRNY Crypto: Hey everyone, hope you like the gallery proposal. As you may or may not know, ApeCoin is one of my top picks in the Crypto space and I’m huge supporter of the entire Yuga ecosystem. I personally put a lot of thought into this AIP and have held off to do an AIP until now because I wanted it to be something that would make a big impact by not only giving ApeCoin new utility, but also raising awareness and building community around it. I see massive potential for ApeCoin in the future and hope to see many other ecosystems adopt ApeCoin and build new products using it. The is the first step in adopting ApeCoin as the Aiur Labs ecosystem token.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-411-artjourney-with-apecoin-the-jrny-gallery-experience/22598

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

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