0xC602…1688

Disclaimer: Due to the recent approval of AIP-436, all AIPs requesting an allocation denominated over US$250,000 will require a super majority approval of 69% of the total number of votes cast. The Foundation has already begun coordinating to develop our new Snapshot strategy to automate these new decision making guidelines, however, we will ensure compliance with this guideline manually in the interim.

This AIP falls above that threshold and will require 69% of votes to be approved.

PROPOSAL DESCRIPTION

The Otherside-Wiki Team is reaching out to the Apecoin DAO for support in our ongoing operations, as well as in the further development, integration into ApeChain and enhancement of our platform. Our goal is to update Otherside-Wiki to align with contemporary web standards and to significantly enhance the user experience.

Since its inception on May 15th, 2022, following the mint of Otherside, we have been working to improve and evolve the platform. Our coverage and support extend to all developments within Otherside and ApeChain, with our priority being to provide timely updates and serve as a pivotal resource for the community.

Otherside Wiki was developed by our lead developer Frostyz. With additional funding from current investors and ApeCoin DAO, we plan to further expand the platform by bringing on board more developers who have specialized expertise. This expansion will improve our capacity for growth and ensure that the platform can thrive with a more diverse team of developers.

We have developed and enriched the experience for Otherside Users significantly, and also improved the filter experience on marketplaces. Within this we drove additional revenue to Yuga Labs and its partners, provided deep knowledge and data connected to Otherside, and enriched our platform with extensive deep data.

Currently we are the go to platform for Otherside data, marketplace browsing and information. To back this up with figures, last month we reached about 57k unique monthly visitors, which have an average engagement time of 20 minutes each, all completely through organic marketing and natural demand.

For two years, we have developed Otherside-Wiki at our own expense, without focusing on monetization. Our priority is to provide the best possible information to Otherside participants. In order to realize this and remain independent, financial support came from us, the founders, as well as contributions from Sky is the Limit Ventures and nix.eth.

We integrate and enhance the following topics with our funding request:

1. General Overhaul of our UI AND UX Design: As we grew our UI and UX has become outdated. We’re planning to modernize it significantly to meet current web standards.

2. Modern Web Technologies: As we’re expecting a bright future for ApeChain & Otherside, we want to be able to scale for millions of users. We want to have a solid system using current standards such as Laravel & VueJS using serverless scaling technologies so we can focus on building the tech and not maintaining the servers. Using standards also makes sure the website is no longer dependent on a single person.

3. Tailored Data Streams: Dealing with the large number of projects and news in the Otherside/Apecoin ecosystem can indeed be overwhelming. To address this, our platform is developing a major feature—an entirely personalized Apecoin/Gaming feed. We want to aggregate data and information from various platforms and community initiatives into one coherent stream.
   Users will have the flexibility to customize this feed to align with their specific interests and preferences.

4. Deep Insights: We will continue to provide and expand our deep data insights into ApeChain and Otherside. Our goal is to support a growing number of games on ApeChain and provide valuable in-depth insights.

5. Multilingual Support: To better serve the global community, we plan to add support in two of the world’s most widely spoken languages, Chinese and Spanish, in addition to English.

We carefully considered the timing of our AIP application with Apecoin and chose to proceed only when it became truly necessary. Given the unforeseen delays in the launch of Otherside, and the postponement of release dates, we believe now is the critical moment for this support. This funding will ensure the continued development and success of Otherside-Wiki, maintaining our commitment to keeping the platform predominantly free while preparing for a more comprehensive business model post-launch of Otherside.

Note from Agora-Marketplace.eth (SITL Ventures): In the last 2 years we’ve invested around 1,000 ETH in Otherside related assets and also funded together with nix.eth the first 2 years of operation for Otherside-Wiki. Hereby we’re committing another investment of $300,000 USD to cover a part of the development costs. For us it’s a risk to do a follow-up round while seeing Otherside delays. Therefore we would like to see a positive response on this proposal from the community to ensure all together another 2 years of operation + improvements for Otherside-Wiki.

Partnerships & Integrations

Faraway
After the acquisition of the assets of Kodamara, Mara and HV-MTL as part of Faraway, we have built a strong partnership with them. Together we have developed a tool that enables users to visualize future points within the Faraway ecosystem.

Otherpage
We have established a crosslinking partnership with Otherpage, enhancing visibility and exposure for both parties across our platforms.

Zharta
As early supporters of Zharta, we have integrated their digital asset rental protocol into our platform. In return, Zharta provides crosslinks from their website to our asset pages.

Inceptive Studio (in progress)
We are partnering with Inceptive Studio to seamlessly integrate our data and feeds into Otherside/Improbable.

Integrations

• ApeCoin:
  We provide insights into the DAO and gaming activities related to ApeCoin, particularly within Faraway and Yuga Labs games.

• Marketplaces:
  Our platform integrates listings from all major marketplaces, including Magic Eden, OpenSea, LooksRare, X2Y2, and the ApeCoin Marketplace.

• Legends of the Mara / HV-MTL by Yuga Labs:
  We actively support every game developed and published by Yuga Labs. Our platform was the first to offer detailed insights and link on-chain data with in-game data.

Partners

• Rocketcode:
  Our trusted development partner, providing additional developer resources as needed for various features.

• Pixelrebel:
  Our go-to partner for graphical implementations and visual enhancements.

BENEFIT TO APECOIN ECOSYSTEM

Otherside and Apecoin Integration

Otherside will be the cornerstone use case for the Apecoin ecosystem. Our commitment to Apecoin integration not only expands its visibility but also solidifies its utility on our platform. As we roll out premium tools and features, we will exclusively use Apecoin as our accepted currency.

By supporting us, the Apecoin DAO & Community will benefit in several ways:

1. Apecoin as Currency:
   With the introduction of advanced features and tools, all microtransactions within our platform will utilize Apecoin, particularly for transactions related to our data feed.

2. ApeChain as Platform:
   Within the rollout of ApeChain, we will be one of the first DAPPs to actively support ApeChain.

3. Game Integration:
   We will actively support and integrate games that have achieved significant popularity, further enhancing our platform’s ecosystem.

4. Merge of Data:
   Our personalized Apecoin/Gaming Feed will consolidate data from various platforms and community initiatives into a single, streamlined personalized user experience.

By increasing the adoption and utility of Apecoin, our platform will not only serve as a dynamic showcase for the potential of Apecoin but will also motivate other developers and platforms to adopt Apecoin.

This could lead to an expanded user base with increased visibility to people outside of the current Apecoin ecosystem. This symbiotic relationship not only enables further growth of our platform but also drives the Apecoin ecosystem to broader adoption.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $715,000 - to be paid in $APE

Sky is the Limit Ventures has committed additional $300k for development upon approval of the AIP. (Total Budget: $1,015,000)

Enhancement of the Platform Design and further Product Development: $680k (1) (2)

• Design UI & UX: $45k
• Framework Improvements & Integration: $265k
• Smart Contract & Internal + External Audit: $80k
• New Features: $160k
• Adaptive Operations: $130k

Infrastructure & Maintenance Costs: $120k (1)

• Hosting Costs: $60,000
• Maintenance: $30,000
• Licenses & third-party services: $30,000

Marketing & Business Development: $100k

• Business Development & Partnerships: $60,000
• Marketing & Community Engagement: $40,000

Operations & Contingency Funds: $90k (1)

• Operations: $50,000
• Contingency Fund: $40,000

Legal & Compliance: $25 (1) The budget proposal covers our maintenance, infrastructure and development costs for the next 2 years. (2) $300k are covered by SITL Ventures.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-463-empowering-otherside-wiki/24467

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.

This AIP falls above that threshold and will require 69% of votes to be approved.

Disclaimer: Due to the recent approval of AIP-436, all AIPs requesting an allocation denominated over US$250,000 will require a super majority approval of 69% of the total number of votes cast. The Foundation has already begun coordinating to develop our new Snapshot strategy to automate these new decision making guidelines, however, we will ensure compliance with this guideline manually in the interim.

This AIP falls above that threshold and will require 69% of votes to be approved.

PROPOSAL DESCRIPTION

This AIP is designed to showcase the complete scope of the project, including the current build stage of https://www.ip3.cc/

With a functioning MVP landing page, we require support to accelerate the completion of the product.

The remaining outstanding items include:

• Build out of the front end UI ensuring complete seamless workflow from user onboarding, through to IP sales and revenue funnels.
• Backend contracts, although written, require implementation.
• Backend infrastructure scaling to support system growth.
• Team scaling for accelerated development to include an additional UI/UX designer and developers continuing through to post deployment support.
• Contract auditing and security systems require implementation.

IP3.cc allows holders to determine their own IP use for their asset, providing these licenses on an open marketplace for all consumers to be able to purchase, utilizing the IP within the agreed legal parameters. It is a much wider IP use case, providing for greater opportunity; overall increase in brand awareness through increased decentralized IP usage.

For example: I own a BAYC - I can apply multiple licenses to it allowing for people to lease the right to use the IP for advertising, physical merchandise, comic books, animations etc. Now my asset is accessible to 4 different addressable markets.

This AIP is focused on increasing the capacity of IP utility, whilst providing the legal framework and monetization structure to support it. As we support all NFT collections, this will positively affect the utility of ApeCoin also.

External to product development, it is crucial that this AIP supports the peripheral strategic components that will ensure success:

• Strategic marketing plan and execution
• Education schedule and material to be delivered to NFT holders
• Legal Consultation and preparation of agreements, smart contract integration
• Maintenance and technical infrastructure support

BENEFIT TO APECOIN ECOSYSTEM

IP3.cc provides a robust, scalable IP platform which is dedicated to enhancing the rights and commercialization for NFT holders.

Its legal framework, backed by immutable provenance on the blockchain, will ensure that it is the first and best in class for delivering value back to holders.

As the payment currency will only be in $ApeCoin, it guarantees that the final payment settlement will always be in $ApeCoin, providing a consistent and balanced tokenomic model which contributes to the whole ecosystem.

We aim to position IP3.cc as the preferred NFT IP solution and are able to provide the following long term and consistent benefits back to the ApeCoin Ecosystem:

• ApeCoin will be applied in merchandise Market for consistent and available brand awareness.
• The platform charges 2.5% trading fees for licensing and merchandise Market.
• All NFT IP listed on Licensing market should pay 1 ApeCoin for each listing.

Core Benefits to ApeCoin DAO:

1. 50% of fees generated will be given to ApeCoin DAO in perpetuity.
2. Licensing fees will be paid in ApeCoin only.
3. All trading fees within the marketplace will be paid in ApeCoin only.
4. With IP3 Layer being accessible to all NFT collections on the Ethereum network at first, this enables for a broader adoption and utility of ApeCoin as it will be the only settlement form of payment.
5. Fiat processing mechanism will be utilized to allow for easy onboarding of new capital with a frictionless payment system.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund is 781,000 ApeCoin / $469,000 USD.

Budget:

Product Development - 240,000 APECOIN

• UI/UX Design
• Smart Contract Development
• Front-end Developer hire
• Back-end Developer hire
• Product Design and Management
• Internal security monitoring and integrity alert system

Marketing - 210,000 APECOIN

• PR and Media coverage
• Social media campaigns
• Joint brand collaborations and campaigns

Educational Packages - 96,000 APECOIN

• NFT IP Protection
• IP Licensing Education

Legal & Consultant - 85,000 APECOIN

Security - 50,000 APECOIN

• Smart Contract Audits
• Platform Security Audits (external)

Maintenance and Support - 100,000 APECOIN

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-481-building-the-modular-ip-layer-with-apecoin/24668

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.

This AIP falls above that threshold and will require 69% of votes to be approved.

PROPOSAL DESCRIPTION

This proposal aims to allocate 13.8 Million ApeCoin in voting power to better reflect the contributions and stakes of Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Kodas, and Otherdeed holders within our community. We aim to create a more balanced and representative governance. We aim to create two distinct wallets; one for the monkees and one for the Kodas and the Deeds they keep watch over.

The Ape Wallet will have 6.9 million ApeCoin delegated to it by The Ape Foundation. The vote will be controlled by BAYC (2 votes) and MAYC (1 vote) via snapshot.

The Otherside Wallet will have 6.9 million ApeCoin delegated to it and will be controlled by Koda (2 votes) and Otherdeed Expanded holders (1 vote)

• This delegation will have a one-year term starting from the date that the wallets are used to vote in any AIP. The term can be renewed if a member puts up an AIP to extend it before the term ends. However, these delegations will not be used to vote in any subsequent decisions related to them, such as renewing, extending, or ending it early.

BENEFIT TO APECOIN ECOSYSTEM

The proposed voting adjustment aims to empower those who were intended to lead The Otherside. This change is designed to foster a fairer voting environment, promoting decisions that benefit the broader community and support the long-term health of the ecosystem. The timing is critical as we approach the launch of major initiatives like Otherside and ApeChain.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = No Cost

This ApeCoin would remain in the custody of the APE Foundation.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-489-restoring-balance/24746

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.