0xC19D…3239

PROPOSAL DESCRIPTION

Having attended several traditional finance conferences during the first half of 2024, I have learned a lot about their views on crypto and more specifically tokens. There is a huge knowledge gap between where the market is and what the finance bros believe. There is a huge number of skeptics and those people when challenged to name three tokens, they struggled, many even believing that there is only one block chain and all tokens sit within it. Others mistakenly called it the “brick-chain”, because each block was similar to a brick and those bricks make up the chain, similar to cementing together a garden wall!

So what is the solution?

I plan to build out my team to own, operate and offer free sessions at traditional finance events using our Coffee Bicycle. A nice warm coffee while you find out about APE and understand that while the Bored Ape Yacht Club was intrinsic in the launch strategy it’s now not its core driving force. I believe we have concentrated on selling to people inside the web3 community and while this is appealing it doesn’t attract enough new customers to offset the staking rewards and tokens being dumped by people who have just become funded.

The advantage of our model is that a percentage of the tokens received will be gifted to new users, allowing them to use ApeChain and purchase a nice warm coffee from our cargo bike, demonstrating how quick and simple it is to make a payment using APE and of course, earning the network another transaction, I believe these types of events are critical to network growth, an increase in network transactions, helps to reassure holders that the chain is alive and working. Having spoken to friends at TEZOS, I know that network activity is a core metric/consideration of any approved grant proposal and I believe that this model will generate transactions and new users, even if it’s only to buy cups of nice warm coffee throughout the winter events. Food and drinks booths have always attracted good footfall at events and with more event organizers removing free coffee stands, I strongly believe this will drive the creation of new wallets and transactions for the network.

So how does the stand work?

The stand will offer free cups of nice warm coffee to those who hold APE coins in their wallet, if the customer does not have any APE coin then they will be shown how to create a coinbase wallet and be sent five APE coin tokens. The web3 educator will help the customer understand web3 and explain how these can then be redeemed for a nice warm coffee, allowing the team to demonstrate the ease of use of APE CHAIN and of course reward the new APE coin holder with a nice warm coffee. Leaving them enough tokens to pop back later and claim a second free coffee. Our event activity will generate one new wallet and three transactions per new customer, at a busy event I would expect to serve a minimum of 200 coffees per day paid for in APE. These customers would likely be new to holding crypto and new to the ecosystem. I will offer quick bite sized fifteen minute web3 explainers and will share them with the wider DAO to ensure the training remains of a suitable standard. The training will also be created as video content and transcribed for a “How to: Ape” book.

How is the business sustainable?

Recycled paper cups and lids made from vegware a full compostable product, water based inks for branding, PVC free printable wrap and of course an eBike base rather than a petrol powered Piaggio APE.

This is where most small businesses would stop and consider themselves green, but for me, this is simply the beginning. I plan to recycle the used coffee grounds into fertilizer to grow mushrooms, these mushrooms will be donated to local food banks, helping to ensure those who need a “help up”, get some nutritious fresh vegetables. Any leftover mushrooms will be converted into animal feed, and again donated to local british farms to help feed livestock.

The cart will also offer orange juice and kombucha to customers, these drinks will be designed to fit within the low carbon business model with as many of the ingredients sourced within 10 miles of production and those that have to be shipped further having at least two purposes, for example our oranges, these will be shipped from mainland europe and as such they will exceed our ideal food miles but I plan to offset this by recycling the the orange peel into fertilizer, this will require washing, which again will be partially offset with the use of fertilizer, helping to improve the mushroom yield. Mushrooms are a low water crop, again making them an ideal product to grow, offsetting carbon dioxide while using a very small amount of water, another precious resource we are conscious of preserving where possible.

Please review our Solar plans;

Solar Needs/Costings Calculator

How is the APE DAO investment being used?

The requested funds from the DAO will be spent on event tickets and the promoting of APE coin and APE chain, the PVC free wrap containing the logo and MAYC 4455, it will also be used to distribute APE token to new holders, to build/buy/customize APE compatible terminals to process the payments. I intend to ensure the ebike attends a minimum of four traditional finance (TradFi) events per annum and the funds will be distributed over a 60 month period. The funds will also be used to generate bite sized video content and face-to-face training. I expect the coffee eBike to generate additional revenue to cover the associated costs of a mobile coffee business and I do not envisage these costs being met by the DAO grant. I have attached a link to the five year forecast below.

APE_Cafe.xlsx

BENEFIT TO APECOIN ECOSYSTEM

I believe that one of the biggest challenges to web3 and DeFi in particular is lack of mainstream adoption, until recently we have only been focused on selling tokens to those who already buy tokens and while this has had some success, it doesn’t solve the wider problem, new users = new liquidity, driving on-chain transactions, raising awareness, creating a positive feedback loop and hopefully helping to stem the outflow of liquidity from project A to project B.

By helping to bridge the knowledge gap between traditional finance and DeFi (decentralized finance) we can help create new wallets, funded with fiat, which is the biggest possible win for web3 and in this case APE. I believe that one token will head down this path and having researched the market, I can envisage, many simply setting up a recurring buy for crypto. Imagine if of the 200 people introduced to APE, 15% set up a recurring order on coinbase, by month 60, those additional monthly sales could total $121,850 (assuming Month on Month growth of 7%), or total sales of c.$1.83 million.

New TX and Token Sales APE

Initial art renderings for the Ape Kart

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $52,759.89.

This will be paid in traches and based upon completed Milestones.

• Initial payment from the DAO: $18,340,07

• Payment Two: $13,483.60

• Payment Three: $20,936.22

Tranche Funding and Suggested Milestones

One of the crucial discussions that arose during my consultation process was the distribution of $APE. We considered the option of releasing it in phases, a move that would protect the treasury and increase the chances of approval for AIP-509. I fully grasp the concerns and have worked closely with the team, ensuring that everyone’s perspectives are considered when developing a tranche release schedule. This collaborative effort ensures that all stakeholders are involved in the decision-making process, making the proposal more inclusive and effective.

The initial payment of $18,340.07 would be made in $APE (25,046.6201 at the time of writing). This will allow the additional costs of the proposal to be met and ensure the business makes it to at least one event to generate $APE awareness and sign-ups.

APE coin Funding Breakdown

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-509-raising-awareness-of-ape-coin-and-its-ease-of-use-at-traditional-finance-events/24652)

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.

PROPOSAL DESCRIPTION

After collecting feedback, we are now aware that the leap of faith we wanted you to take for the podcastization of the entire ApeCoin ecosystem was a bit ambitious and the ask that came with it too. That’s why we want to start with a manageable proof of concept that everyone can easily follow and evaluate: “the podcastization of all relevant recorded ApeCoin’s X Spaces” as a service for the ApeCoin ecosystem.

Why focus on Spaces? Because they are crucial arenas where our community thrives, engages in discussions, learns, promotes, onboards newcomers to the DAOs, AIP authors pitch their proposals, Apes and Mocas receive ApeChain, Yuga, Moca, Sandbox and Otherside updates, and more. However, these sessions require significant time commitments at inconvenient hours. To address this, we plan to:

Download all recorded ApeCoin-related Spaces, edit and divide them into standalone episodes, crafted according to the host’s outline and the dynamic of each Space. This includes content from ApeComms, ApeCoinGWG News, Bulls on the Block, Bodega, Meet at the Clubhouse, UGH Mocaverse, Pukecast and all other relevant Spaces. After post-production, these episodes will be distributed across Spotify, Apple Podcasts, YouTube, and other platforms. This approach ensures that no one needs to stay glued to their device at inconvenient hours, and episodes can be enjoyed at times and paces that best suit each individual. Like these examples:

• Actual ApeComms’ Space of 09/23/24

  • Episode 1 (where Rida and allo.eth explain their AIP-498)
  • Episode 2 (where dim.eth explains his AIP-496)
  • Episode 3 (where Adventurous Ape gives Ape_U updates)

• Or like this one from Bulls on the Block Space 09/14 about a VERY special episode dedicated to @ctballer_, @ByAutistic, @OthersideMeta, and @CapetainTrippy’s amazing 45,000 USD contribution to African kids with neurodiversity in Africa (Actually, we had over 220 downloads in 2 days (9/18 and 9/19) after publishing).

• All episodes will be hosted in traditional audio hosting platforms AND on ApeChain. Podcast metadata (episode titles, descriptions, etc) will be stored and hosted on Apechain. Audio files will be stored on IPFS (InterPlanetary File System) and links to the IPFS audio files will also be included in the Apechain metadata. In total, we will produce 200 ApeCoin Ecosystem’s X Spaces (more than 500 hours of audio) that will be hosted in traditional audio platforms and ApeChain.

Why podcasts? Because podcasts are the most direct, natural, and cost-effective way to communicate. That’s why listeners are growing worldwide nonstop. Since the dawn of time, humans have been wired to respond to voice when it comes with the right words, the right tone, and even the right musicality. Also, podcasts are notably less expensive to produce than video.

Sources: Statista, Edison Research

BENEFIT TO APECOIN ECOSYSTEM

This AIP is conceptualized as a service to the marketing and communications of ALL ApeCoin Ecosystem members. Its immediate benefits are:

1. Since Spaces are hosted by ApeComms. GWG, MBAs, MOCAs, DAOS, Onboarders, etc… the whole ApeCoin Ecosystem will benefit from this AIP.

2. Also, since Live AIP Draft authors pitch their AIPs on the Spaces, they will be able to send voters and delegates directly to the post-produced and standalone episode of their AIPs.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund: $80,000.18 USD (Lucky number: $0.18).

Payment is requested in a lump sum. 200 Spaces x $400 broken down as follows:

Audio engineer Jr. to clean audio master: $50 USD Editor to break down Spaces into episodes: $100 USD Audio engineer Sr. to audio produce and post-produce the final episodes with ProTools = $250 USD Cost of personnel: $400 USD per Space.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-539-podcastization-of-apecoin-ecosystem-s-x-spaces-resubmission/26206)

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.

PROPOSAL DESCRIPTION

Decentralized Drinks Paris is an exciting new weekly event at Le G Five Bar in Paris, designed to blend the worlds of cryptocurrency and social networking. After the overwhelming success of our monthly meet-ups, we are expanding to a weekly format to further engage the crypto community. To amplify our event’s presence we will proudly display “Powered by ApeCoin” on all our physical and digital supports, including flyers, banners, social media posts, and event tickets. We’re partnering with the MBA community to spotlight their products and innovations at our events. Together, we’ll craft a vibrant and engaging atmosphere, making “Decentralized Drinks” the must-visit hub for all Apes living in or passing through Paris.

Attendees can expect:

Crypto-Themed Cocktails: inspired by popular cryptocurrencies. Exclusive Happy Hour Deals: to enhance the experience. Degen Talks: featuring lively discussions led by industry experts. Showcase of Made by Apes Projects: highlighting innovative products and ideas from the community. Future POAP on ApeChain

Past Collaborations & Featured Products:

Mutant Beer: Premium Craft Beer Made by Apes 00054, now a staple at our bar. Le Crypto Daily, Proof of French, Domino Podcast, Defit, NFT France, Oxya Origin, Alphaverse, Forbes France

Events Co-Hosted with the Community:

90’s Banana: During NFT Paris 2024. A nostalgic event blending crypto culture with 90s themes by @BananaconfXYZ with The Nizzar, Sander the Ape.

Degens in Paris: During NFT Paris 2024 with F*ck it Productions and the Mutant Cartel.

SINGE®: Franken Bombay release party with @dim8765 and his amazing lifestyle brand from the swamp @Singe_int.

Flexible Offer for ApeCoin, BAYC, and MAYC Holders:

• Free Drink on Event Days: Holders of ApeCoin, BAYC, or MAYC can enjoy a free drink during our “Decentralized Drinks” events every Wednesday. We will verify ownership using TokenProof, and will not require any connections to the blockchain to enter the events.

• Discounts on Non-Event Days: On days when there isn’t a scheduled event, we will offer a 15% discount on all classic drinks to anyone holding ApeCoin, BAYC, or MAYC.

Additionally, we plan to implement a Proof of Attendance Protocol (POAP) system during our events. This will allow us to track attendance and gather valuable data on the beverages offered, which will be monitored through our till system. This approach ensures transparency and provides insights into customer engagement, helping us optimize our offerings and the overall experience. We will only collect essential data necessary for the functioning of our service (email, X accounts, Addresses for POAP, etc.).

This event is not just a gathering; it’s a movement to connect, educate, and celebrate the ever-growing crypto ecosystem in a vibrant and inclusive environment.

BENEFIT TO APECOIN ECOSYSTEM

Increased Visibility: Position ApeCoin at the heart of Paris, attracting both locals and travelers, and establishing Le G Five Bar as a key meeting point for the ApeCoin community.

Community Engagement: By sponsoring these events, ApeCoin becomes directly involved in weekly interactions with the community, fostering stronger bonds and loyalty.

Promoting Builders: The event will feature a dedicated “Made by Apes” booth, giving creators within the ecosystem a platform to showcase their work, thus driving innovation and collaboration.

Token Adoption: By accepting ApeCoin as a payment method and offering incentives like free drinks for BAYC and MAYC holders, we promote the practical use and adoption of ApeCoin in real-world scenarios.

OVERALL COST

Total Amount Requested from the ApeCoin Foundation: €30,200

• Requests to ApeCoin Foundation:
  • Funding of €30,200 to cover the total cost of implementing the proposal.
  • Promotion support on community discussion platforms and the ApeCoin website.

Budget Summary: The budget includes costs for drinks, merchandising, booth creation, and a customized neon sign, ensuring the successful execution of weekly Decentralized Drinks events and effective promotion of the ApeCoin/ ApeChain ecosystem.

Budget Breakdown:

Free drinks for BAYC/MAYC Holders: Number of Free Drinks per Event: 50 drinks Number of Events per Year: 52 weekly events Cost per Drink: €6.50 Total Drink Cost per Event: 50 drinks x €6.50 = €325 Total Drink Cost for the Year: 52 events x €325= €16,900 Merchandising and Goodies: Total Cost: €5,200 Made by Apes Booth Creation: Total Cost: €2,000 Customized Neon Sign (“ApeCoin Accepted Here”): Total Cost: €400 NFT Paris Side Event: Drinks: €2,600 DJ: €1,000 Performers: €1,000 Camera Crew: €1,100

Summary of Total Budget:

Drinks for BAYC/MAYC Holders:€16,900 Merchandising and Goodies:€5,200 Made by Apes Booth Creation: €2,000 Customized Neon Sign: €400 NFT Paris Side Event Drinks: €5,700

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-513-decentralized-drinks-paris-powered-by-apecoin/25448)

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.