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.

PROPOSAL DESCRIPTION

INTRODUCTION:

MY Token is a pioneering organization dedicated to advancing blockchain education and innovation in the Web3 ecosystem. Our team comprises experienced professionals with a deep passion for decentralized technologies and a commitment to fostering collaboration and growth within the blockchain community.

The team specializes in curating exceptional events that bring together industry experts, thought leaders, and enthusiasts to explore the latest trends, innovations, and solutions in blockchain technology. From high-profile conferences to intimate community gatherings, we strive to deliver unparalleled experiences that inspire, educate, and empower individuals and businesses to thrive in the digital economy of tomorrow.

Additionally, we participate in organizing sports events for prominent international sport equipment brands and music concerts & festivals in the city of Malaysia. This further enriches our engagement with the local community and contributes to the vibrant cultural landscape of the region.

In addition to our dynamic events, the team incubating a media platform serves as a trusted source of news, analysis, and insights for blockchain enthusiasts and professionals across Asia. Through in-depth articles, expert opinions, and timely updates, the platform aims to keep the audience informed and empowered to seize the opportunities presented by blockchain technology.

At My Token, we are committed to driving positive change and fostering collaboration within the Asian blockchain community. Join us as we pave the way for economic growth, innovation, and prosperity in the region.

Welcome to My Token – Where Knowledge Fuels Innovation.

ABSTRACT:

MY Token cordially invites ApeCoin DAO to be title sponsorship in MY Token, the foremost Web3 event in Malaysia. Scheduled for the 14th and 15th of September 2024, this prestigious event will be held at the esteemed KL Base Jalan Sungai Besi (“KL Base”), situated in the heart of Kuala Lumpur, Malaysia. Notably, KL Base has been designated as a key tourism destination, promoted jointly by the Ministry of Tourism, Arts & Culture (“Ministry of Tourism” or “Government”) and the Ministry of Finance of the Malaysian Government. In addition to KL Base, we have received invitations from several other prominent event venues and are currently in the process of negotiating terms with these parties to secure the optimal location for the MY Token event.

MY Token is the first Web3 event in Malaysia endorsed by the Ministry of Tourism. Working together with the government, the team aims to collaborate with various Asian NFTs & Blockchain communities to create an iconic Web3 event in Malaysia.

This proposal seeks to collaborate with ApeCoin DAO by providing sponsorship for speaking engagements, a dedicated booth presence, mascot integration, and support for engaging side events during the conference.

EVENT DETAILS

MY Token is the main event introducing the first large-scale WEB3 event in Malaysia. This event features an exhibition-style setup, a massive music festival centered around tourism, and WEB3 community activations. It is also the first WEB3 event to combine with entertainment events, drawing large WEB2 crowds.

The whole event will include:

1. WEB3 Main Event Exhibition & Workshops
2. ApeCoin Community Side Events - BAYC, Mocaverse’ ApeCoin holders
3. Music Festival
4. Attractions
5. Water Baloon Fights
6. Foam Zones
7. Refreshment Zones
8. VIP Zones

This partnership aims to bridge WEB2 and WEB3, as there is no event to date in Asia that focuses on both WEB2 & WEB3 audiences. Bringing these two audiences together will create a larger voice for WEB3.

Our strengths are further bolstered by Zeus Events, one of the best event organizing companies in Southeast Asia.

Moreover, the Malaysia Tourism Promotion Board, an agency under the Ministry of Tourism (“Tourism Malaysia”) fully supports MY Token and endorses all its related IPs and activities. This collaboration benefits both parties, enhancing WEB3 for tourism, community engagement, networking and project building.

This marks the beginning of a significant collaboration between ApeCoin as a title sponsor and the Malaysia government, namely Tourism Malaysia, to promote WEB3 through the activities mentioned above.

BENEFIT TO APECOIN ECOSYSTEM

• Government Liaison: ApeCoin will be the first in Malaysia to be supported and endorsed from the Ministry of Tourism.
• Enhanced Visibility and Exposure: ApeCoin will gain significant exposure within the Malaysian and regional Asian Web3 community, showcasing its technology and ecosystem to a diverse audience of industry professionals, investors, and enthusiasts. Moreover, as the first web3 brand powering the inaugural web3 event officially endorsed by the Ministry of Tourism, ApeCoin stands at the forefront of pioneering advancements in the digital landscape, setting a precedent for innovation and collaboration in the region.
• Networking and Partnership Opportunities: ApeCoin DAO members will have the chance to network with leading industry figures, potential investors, and like-minded projects, paving the way for strategic partnerships and collaborations. This will include Web2 business potential, bridging the ecosystem across.
• Educational Outreach: ApeCoin can educate attendees about its unique value proposition and applications within decentralized finance (DeFi), fostering awareness and adoption of the ApeCoin ecosystem.
• Ape Chain: Ape Chain can be introduced through this event for existing projects and developers, considered as launchpad and for chain solutions. This will require a spokesperson from Ape Chain to be present and we will organize a session specifically for Ape Chain. A spokesperson from Ape Chain will be present, and we will organize a session specifically for Ape Chain. MY Token and its related ecosystem is also keen to collaborate with Ape Chain for its future projects.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $475,000 USD.

Below is the breakdown of the total request for sponsorship for ApeCoin DAO’s participation in MY Token 2024. The breakdown will be covering expenses related to the following:

1. Exhibition Event Title Sponsorship : USD$ 150,000
2. Music Festival Sponsorship : USD$140,000
3. ApeCoin Side Events Sponsorship: USD$65,000
4. ApeKin Mascot: USD$5,000
5. Marketing Campaign specifically for ApeCoin awareness (Web2) Pre & In Event : USD$65,000
6. Activation Booth Custom Design, Build, Setup and Completion: USD$50,000

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-455-apecoin-sponsorship-for-my-token-2024-event/23940

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

ApeCoin needs more marketing. Period. It’s not easy to stand out and get the attention of people nowadays… so, we need guerrilla marketing.

Guerrilla marketing is a highly effective strategy due to its ability to deliver high impact at a low cost. By leveraging the psychological impact and viral nature of unconventional tactics, it has the ability to generate significant buzz and engagement.

KOL partnerships and brand ambassadorships are a proven model in web3 and are widely adopted by top-tier projects in this space. To date, ApeCoin does not have a single partnership of this kind.

This AIP offers a bold mix of the above mentioned :muscle:

Educational content and marketing by kodama.eth - amplified by the Apemobile!

An ApeCoin branded all-black Porsche 911 Carrera 4s. Custom license plate - APE 911. ApeCoin logo on the tank cap. “Powered by ApeCoin” branding on the side, in the classic Porsche style.

The car will be called Apemobile and will be established as status symbol of success within the whole web3 space. Leveraged by a multi-year partnership with web3 KOL kodama.eth and the targeted use of guerilla marketing tactics in order to amplify educational content around the DAO, ApeCoin & ApeChain.

The car will be a tool to polarize and get attention.

Think about how many ppl will join a spaces called “How I got a Porsche 911 from the ApeCoin DAO”.

In an endless X feed you need to stand out. You need to grab the attention and once you have it, you use it to educate and make them one of us :wink:

NOTE: The Apemobile can be leveraged by the whole community. Not just kodama.

The pictures can be used by everyone.

The AIP author will work closely with the Marketing and Communications working group, who have the option to opt-in to particpate, to maximize the benefits of this initiative.

BENEFIT TO APECOIN ECOSYSTEM

A multi-year partnership with kodama.eth, web3 KOL

Kodama has a large, engaged following within the web3 community. Partnering with him will significantly increase the brand’s exposure and reach the crypto native audience on an ongoing base. He will commit to creating content, joining spaces, visiting events with the sole purpose of spreading the message of the DAO, ApeCoin & ApeChain. EDUCATION!

Below you will find a list of several benefits:

Targeted Marketing:

• Marketing within the web3 space is crucial for a projects success. With Kodama, Apecoin will reach a relevant and interested audience over the course of several years.

Increased Reach and Visibility:

• The Apemobile will polarize and guarantee people’s attention. Kodama will post at least one content piece per week, mainly from Twitter/X account @kodama_eth, and will generate millions of impressions. He will drive the car daily and will visit relevant crypto events/meetups all over Europe. This will create additional opportunities for content creation with engaged community members.

Credibility and Trust:

• Kodama has established trust with his followers and has become a relevant KOL within the broader YugaLabs and ApeCoin ecosystem. Having him as a permanent partner endorsing ApeCoin can enhance the brand’s credibility and trustworthiness.

Content Creation:

• Kodama will post at least one content piece per week. Educational, lifestyle or joining spaces - a broad mix that appeals to different audiences. The goal remains the same - to spread awareness and to educate about ApeCoin.

Cost-Effective Marketing:

• Compared to traditional advertising and regular web3 KOL partnerships this comes at a very low cost. It perfectly complements the recent F1 partnership of the DAO (which btw opens up many possibilities for further content creation).

Engagement and Interaction:

• The Apemobile will polarize! Kodama will leverage this and foster active engagement with his followers and the broader web3 community. This will lead to higher interaction rates for the campaign and increased brand visibility.

Authenticity:

• Kodama will share personal stories and experiences, which will make his endorsements feel more genuine and relatable compared to traditional ads.

Rapid Awareness and Virality:

• The Apemobile has the potential to go viral quickly. It can create a buzz around ApeCoin and ApeChain. Imagine a post starting with “WTF I really got a Porsche 911 from the ApeCoin DAO”

Diversified Marketing Strategy:

• Working with kodama adds another layer to ApeCoins marketing strategy, diversifying the current approach and helping Ape reach potential new users/buyers.

Long-Term Partnership:

• Building a long-term relationships with kodama will result in continuous exposure for the ApeCoin brand.

Why Guerilla Marketing for ApeCoin?

• Proven Concept
• Cost Efficiency
• Brand Differentiation
• Psychological Impact
• High Engagement
• Viral Potential

Guerrilla marketing is a must-do for every businesses aiming to maximize their marketing impact while minimizing costs. Its ability to create memorable experiences, foster strong customer connections, and differentiate your brand in a crowded market makes it an essential component of a modern marketing strategy. By leveraging the psychological impact and viral nature of unconventional tactics, it has the ability to generate significant buzz and engagement.

The Apemobile will make ApeCoin a status symbol of success.

Sports cars have always had a special status in society and especially in crypto. They are associated with success.

This is precisely why it is the perfect fit for this marketing initiative. On top of that it fits perfectly into the DAO’s current marketing efforts with the F1.

The AIP author will work closely with the Marketing and Communications working group to maximize the benefits of this initiative.

OVERALL COST

“Total amount requested from the ApeCoin Ecosystem Fund = EUR 185,000.”

155,000 EUR for the Porsche 0 EUR for 3 year KOL partnership & content creation 15,000 EUR for insurance for 3 years 15,000 EUR for maintenance*

*If not used it will be returned to the DAO at the end of the 3 year period as well. If spent it will all be documented and invoices will be shared publicly.

The special license plates (APE 911), the foiling of the car and gasoline costs will be covered by the AIP author.

The car will be resold after 3 years and all proceeds will go back to the DAO.*

Making the effective costs within 3 years around 75,000 EUR aka 25,000 EUR per year. (Assuming a resale value of 110,000 EUR for the Porsche)

*If this is not legally feasible, then alternatives such as a charitable donation can be considered.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-459-the-apemobile-guerrilla-marketing-meets-a-kol-partnership/24397

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.

ABSTRACT

The DAO is international in nature and should not be limited by language. Our goal is to comprehensively increase the participation rate of DAO members. In addition to translating articles into various languages, we will also proactively send each AIP to different communities, collect opinions from each community, and publicly disclose them to all members on our website.

We will arrange for employees to communicate with leaders of various communities and integrate into those communities. They will use the translation system to translate primarily English articles and opinions into different languages, thereby increasing DAO member participation. Our employees play a crucial role in disseminating information and gathering community opinions. This not only enhances the transparency of the DAO but, more importantly, fosters cohesion among members from different regions, thus increasing their sense of value and commitment.

When two or more different language communities need to hold an online meeting, our system will provide real-time AI oral translation, allowing communities to understand each other’s opinions immediately and respond promptly, thus overcoming language barriers.

We encourage DAO members to make proposals. In addition to translating the AIPs for voting into various languages, we will assist community members in translating their opinions. The system can also provide oral translation for DAO members’ AIPs. For example, Tony, a Japanese member, speaks his AIP in Japanese to the system, the real-time AI translation feature will convert the Japanese into an English document. This facilitates DAO members in writing their AIPs and sharing AIPs or opinions with other communities.

In order to comprehensively increase the participation of DAO members, we will not only provide comprehensive language and community assistance, but also develop a reward mechanism to encourage everyone to participate and reward Apecoin.

The reward funds are designed to incentivize and recognize the active participation and contributions of APE coin holders in the DAO. These funds will be distributed through a transparent and fair system, ensuring that all participants have an equal opportunity to benefit. Below are the main aspects of the reward distribution process:

Reward Criteria and Mechanism

1. Contribution-Based Rewards: The majority of the funds will be allocated based on the contribution levels of APE coin holders. Contributions can include proposing and developing AIPs, participating in discussions, voting, and other forms of engagement that add value to the DAO. We will use a points-based system to quantify contributions, with more significant and impactful activities earning more points.
2. Participation Rewards: To encourage broad participation, a portion of the rewards will be randomly distributed to APE coin holders who participate in voting and other community activities. This ensures that even smaller holders feel valued and are motivated to engage.

Distribution Process

1. Points Accumulation: We will calculate points on a monthly basis. The system will accumulate points based on the activities and contributions of APE holders. At the end of each month, these points will be converted into corresponding reward tokens.
2. Transparency and Verification: All contributions and points will be recorded in the system to ensure verifiability. This prevents any fraudulent activity and ensures fair distribution.
3. Reward Payment: Once verified, the rewards will be directly distributed to the wallets of eligible APE coin holders. Distribution will occur regularly to ensure that contributors are consistently recognized and rewarded.

BENEFIT TO APECOIN ECOSYSTEM

1. Bringing the APECOIN DAO to the global stage
The APECOIN DAO should not be limited to a single language. In the past, the participation rate of Asian members has been relatively low, with fewer proposals initiated. We want to ensure that friends from every country have a share.
2. Providing sustainable returns for APE members
By opening up a reward system, we will create a reward mechanism to encourage participation and reward APE. The first quarter will be 100,000 APE. In the following quarters, we will provide over 95% of the proposal funds as rewards for APE holders.
3. Maximizing the transparency and participation of AIPs
In the past, information has not been circulated well. We will translate the proposals and spread them to each community, allowing everyone to monitor the AIP authors.
4. Strengthening communication between APE communities
We will collect and summarize the opinions of each community weekly, translate them into different versions and feed back to each community. We will provide real-time AI oral translation, allowing communities to understand each other’s opinions immediately and timely communication.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 460,000 APE.

Translation software system: 190,000 APE
Reward system: 40,000 APE

Translation Software & Reward System breakdown

• Project Setup Phases

  • Requirements Analysis and Planning
Cost: 11,000 $APE
  • Design Phase
Cost: 22,000 $APE
Platform Architect (1)
Platform Requirements: Design tools (e.g., Figma, Adobe XD)
  • Technology Selection and Prototype Development
Cost: 16,700 $APE
Personnel:
Frontend Developer (1)
Backend Developer (1)
Tester (1)
Platform Requirements: Development tools, prototype tools (e.g., InVision)

• Project Initiation Phase

  • Development and Implementation
Cost: 100,000 $APE
Personnel:
Frontend Developers (2)
Backend Developers (3)
Testers (2)
DevOps Engineer (1)
Platform Requirements: SPA website development framework (e.g., Vue.js, React), backend services (e.g., Node.js, Express)
  • Testing and Quality Assurance
Cost: 30,000 $APE
Personnel:
Testers (2)
Automation Test Engineer (1)
Platform Requirements: Testing tools (e.g., Selenium, JUnit), continuous integration tools (e.g., Jenkins)
  • Deployment and Go-Live
Cost: 25,000 $APE
Personnel:
DevOps Engineer (1)
System Administrator (1)
Platform Requirements: Cloud platform services (e.g., Azure), monitoring tools (e.g., Prometheus, Grafana) Total Cost: 230,000 $APE

Maintenance costs: 80,000 APE Employee costs: 50,000 APE

Employee Costs breakdown

Employee A. Customer Service (20,000 $APE, 1-year contract)

• Engage with various communities and collect and disseminate information during inter-community meetings
• Respond promptly to inquiries through the website, providing accurate, effective, and comprehensive information
• Identify and assess customer needs to ensure satisfaction
• Record inquiries and issues, and track their resolution
• Collaborate with colleagues and the IT team to resolve problems
• Provide technical assistance and support for software-related queries and issues
• Suggest improvements and innovative ideas to enhance customer experience
• Protect customer information and maintain confidentiality
• Identify recurring issues and propose solutions to prevent future occurrences
• Must be familiar with the YugaLab ecosystem, including its development, history, and major events.

Employee B. System Back-end Operator (30,000 $APE, 1-year contract) The System Back-end Operator ensures the stable operation of the system, providing reliable technical support and assurance for the platform.

• Ensure high availability, performance, and security of servers and systems
• Manage and maintain databases, including installation, configuration, backup, and recovery
• Monitor system performance, promptly identifying and resolving issues
• Assist Employee A in analyzing system failures, providing technical support and solutions
• Ensure efficient use of system resources to improve operational efficiency
• Assist Employee A in resolving application and system-related technical issues
• Monitor platform and reporting systems
• Share knowledge and experience with team members to collectively enhance the team’s technical expertise
• Must be familiar with the YugaLab ecosystem, including its development, history, and major events. Reward for APE HOLDER: 100,000 APE

The rewards will be fully given to APE HOLDER. If the rewards are used up, we will continue to apply for funds, and in the next quarter over 95% of the funds will be used for rewards for APE HOLDER, with only the operating costs retained.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-449-translation-system-and-community-reward-program/23933

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.

ABSTRACT

We will launch an APE-themed hotel in a prime location in central Bangkok, Thailand. Our goal is to enhance the BAYC IP Exposure, visibility and utility of ApeCoin, and generate actual revenue for ApeCoin DAO.

This proposal combines IP application, the hotel industry, the arts, and the cryptocurrency field. The hotel will offer a variety of activities, including ApeCoin-themed exhibitions, an APE bar, various APE community-themed rooms, an APE swimming pool, and an MBA-themed exhibition area, fully promoting ApeCoin, ApeChain, and various APE communities. We will provide various benefits to the APE community.

BENEFIT TO APECOIN ECOSYSTEM

1.Revenue Generation:
50% of the revenues from themed rooms will be received by ApeCoin DAO for one year once these rooms are completed. DAO will receive revenue from all themed rooms, including APE, BAYC, Otherside, Apechain, Mocaverse. Funds will be returned to the DAO Treasury on a quarterly basis, and the hotel will handle the local compliance and settlement of the funds. We’ll keep looking for more opportunities to create other income.

[Images and Logos for Illustrative Purposes Only, All NFTs Held by the Team]

2.Real-World Utility:
Hotel rooms and bars will accept ApeCoin for payment, demonstrating ApeCoin’s applicability in the real world and encouraging circulation and usage.

3.Brand Exposure:
Through themed exhibitions, bars, and rooms, we will extensively promote ApeCoin.

4.Community Benefits:

1. Offer 50 room nights for free to APE holders. Total 50+ nights for the ApeCoin holders, max 1 night for each holder, FCFS.
2. APE community members can use the rooftop bar for events for free.
3. APE community members can access the MBA exhibition area for free. To verify holders, we will take strict measures:

• Show that they are Apecoin Forum members, increasing the number of Forum builders.
• Need to register Apecoin wallet and show Apecoin holdings.
• Need to post on Twitter and @Apecoin.

Process: Holders can book rooms through the hotel’s official designated channels. Upon normal check-in, show the following at the front desk:

1. Show that they are Apecoin Forum members
   • Logon any wallet holding Apecoin, show their wallet and Apecoin balance > 1
   • Verification could be done by trained hotel front desk staff
2. Check in and have fun
3. Post rooms on Twitter and @Apecoin before check out
   • Any Holder wishing for a free stay must tweet to get cashback, including pictures of the themed room and any positive experiences or feelings they want to share.
4. Receive the hotel’s cashback

5.Community Engagement:
Host events for ApeCoin members every two months, gathering the community and strengthening connections. The AIP team will handle event organization and venue setup, with no additional costs. Specific timings will be determined based on community sign-ups at that time. Since no extra investment is needed, there will be no KPIs for now.

6.IP Development and Diversity:
Create themed rooms for the APE community, including Otherside, BAYC, and Mocaverse, and promote the cultures.

[Images and Logos for Illustrative Purposes Only, All NFTs Held by the Team]

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 410,000 $APE.

• APE Community Themed Exhibition: 20,000 APE
• ApeChain Themed Exhibition: 20,000 APE
• APE-themed Rooms: 30,000 APE
• ApeChain-themed Rooms: 30,000 APE
• Otherside-themed Rooms: 30,000 APE
• BAYC-themed Rooms: 30,000 APE
• Mocaverse-themed Rooms: 30,000 APE
• APE-themed Pool: 50,000 APE
• Staff Costs: 25,000 APE
• APE Rooftop Bar: 50,000 APE
• 50 Free Room Nights: 40,000 APE
• Hotel Lobby Decorations: 15,000 APE
• MBA-themed Exhibition Area: 10,000 APE
• Equipments, Materials, Miscellaneous and Contingency Costs: 30,000 APE

We plan to manage the funds through a multisig wallet, with multisig permissions granted to team members. Additionally, we will publish a detailed report on fund usage every 2 months.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-448-apecoin-hotel/23961

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.

ABSTRACT

This proposal requests funding to support the long-term sustainability and growth of ApeChain through the creation of the “Banana Program”, with two complementary initiatives:

• a Commercial Agreements Initiative; and
• a User Incentives Initiative

The Commercial Agreements Initiative is tasked with negotiating commercial agreements with projects, companies and protocols committed to building on ApeChain. These commercial agreements will cover a wide array of structures and incentive models, including the possibility of revenue shares, collaborations, and other ownership arrangements. However, a key commonality will be that the terms of the commercial agreements will provide value to the ApeCoin DAO.

The commercial agreements may also incentivize builders to use community and stakeholder intellectual property in games, activations and/or protocols utilizing ApeChain, and to integrate ApeCoin into game and protocol economics on ApeChain.

Any proceeds generated from the commercial agreements will be redirected back into the overall budget for the programs so that this will become a reusable source of funding for supporting and growing ApeChain. Proceeds may come in various forms, such as tokens, revenue share (fiat or crypto), stock, or assets. Given that each of these will need to be dealt with on a case-by-case basis (e.g. what wallet would crypto revenue share be transferred to), the Special Council will determine for each Commercial Agreement how the proceeds will be returned to the Banana Program for continued use during the two year term, or returned to the ApeCoin DAO.

Similarly, the User Incentives Initiative (as detailed further below) will distribute user incentives with the goal of proportionally growing the network, and may be used as a part of the overall package when negotiating the core economic terms of the commercial agreements.

The Advisory Committee will oversee both programs, including providing endorsements for commercial agreements that will be subject to Special Council veto-authority. The Advisory Committee will be initially composed of the members noted above, and will be supported in day-to-day operations by a Program Facilitator and Strategic Accounts Manager.

This proposal will create a vibrant and attractive environment for game publishers and developers, DeFi protocols, and others seeking to build on ApeChain. The commercial agreements will aim to create a steady stream of future revenue and value, empowering the ApeCoin DAO to continue funding growth many years into the future.

This proposal will Bolster ApeChain Network Activity through New Allocations (BANANA). This is the BANANA Bill: Apes Gotta Eat.

BENEFIT TO APECOIN ECOSYSTEM

We anticipate that the ApeCoin DAO will receive ongoing revenue from capturing around 77.5% of the fees generated from user activity on ApeChain. As such, ensuring the chain’s success should be a top priority of the DAO.

Additionally, the chain’s growth will offer other valuable opportunities for the DAO, including but not limited to airdrop negotiations, bridge liquidity with associated fee capture, and increased utility for $APE.

(1) User Incentives Initiative for ApeChain

The User Incentives Initiative will provide a pool of rewards for users of ApeChain. This initiative will focus on growing the ApeChain ecosystem by educating and encouraging users to try out different dApps, with the goal of a larger proportion of rewards being allocated to dApps that most strongly contribute to the sustainable growth of ApeChain. This initiative will also focus on indirectly growing the ApeChain ecosystem by incentivizing the creation of dApps, community intellectual property, and other content on ApeChain.

The initiative will be overseen by the Advisory Committee with support from the Program Facilitator and Strategic Accounts Manager. The responsibilities of the Advisory Committee include:

• Negotiating the size and methods of distribution of incentives through dApps.
• Creating and managing user incentive analytics, such as growth and adoption metrics, to measure the benefits of the incentives
• Identifying industry leading incentive distribution methods and implementing them on ApeChain.

(2) The Commercial Agreements Initiative for ApeChain

The Commercial Agreements Initiative will facilitate the seamless creation of bespoke commercial agreements with companies and individuals that want to utilize ApeChain. The Advisory Committee may also leverage the User Incentives Initiative to optimize the terms of the commercial agreements. This initiative will be overseen by the Advisory Committee, with day-to-day support from the Program Facilitator and Strategic Accounts Manager. The responsibilities of the Advisory Committee in overseeing the Commercial Agreements Program include:

• Reviewing Proposals: reviewing proposals for commercial agreements submitted by applicants, including the potential for value accrual for the ApeCoin DAO.
• Assessing Alignment with Ecosystem Growth Strategy: Beyond purely economic analysis, evaluating whether the proposed commercial agreements align with the mission, strategy, and values of ApeChain and the ApeCoin DAO. They may only endorse partnerships or collaborations that benefit the ApeCoin DAO and advance its objectives.
• Financial Analysis: analyzing the financial aspects of proposed commercial agreements, including:
  • Potential for value accrual
  • Costs
  • Profitability
  • Sustainability
• Risk Assessment: Conducting risk assessments of each proposed commercial agreement. This involves evaluating potential risks and benefits, assessing financial implications, legal considerations, reputational risks, and any other factors that may impact ApeChain.
• Due Diligence: Performing due diligence on potential partners or collaborators to ensure their credibility, reliability, and suitability for the proposed commercial agreement. This may include background checks, financial analysis, and assessment of past performance.
• Legal Review: In collaboration with legal counsel, reviewing proposed commercial agreements under applicable laws, regulations, and policies.
• Decision Making: Based on their evaluations and assessments, recommending which commercial agreements to enter, which are subject to veto by the Special Council of the APE Foundation.
• Monitoring and Oversight: Once commercial agreements are approved and implemented, providing ongoing monitoring and oversight to monitor compliance with agreed-upon terms and objectives. The Advisory Committee may periodically review performance metrics, financial reports, and other relevant information to assess the effectiveness and impact of the agreements.
• Reporting: The Advisory Committee charter will be made public, and each quarter there will be a transparency report disclosing the total amount allocated that quarter, and outlining which commercial agreements have been made (but not the specific terms of each agreement), subject to any duties of confidentiality negotiated with the counterparty in the commercial contract.

OVERALL COST

Total: 100 Million ApeCoin with target allocations to the following initiatives:

User Incentives Initiative: 23 Million APE in total
Commercial Agreements Initiative: 73 Million APE in total
Administrative Budget: 2 Million APE per year, to be paid Quarterly

• Advisory Committee: up to 1,250,000 APE
• Program Facilitator (including all team members): up to 300,000 APE
• Strategic Accounts Manager (including all team members): up to 450,000 APE

The Program Facilitator and Strategic Accounts Manager will rely on additional team members and resources at their respective companies to perform all of their responsibilities as needed, staying within the Administrative Budget allocated above, with any changes subject to Special Council approval.

The administrative budget is also meant to cover any incidental costs related to the management of the program, including compensation for the Regional Community Advisors. The administrative budget is currently estimated at 2% of the total budget annually and should not exceed 3%. Note that this administrative budget is an estimate, and may be higher or lower depending on the number of Advisory Committee members.

The compensation paid to each eligible Advisory Committee member will be based on their experience and skillset. However, in all cases, the total amount paid to any individual Advisory Committee member will not exceed 250,000 APE per-year, and all compensation will be subject to a 50% one-year lockup.

Specifically Approved Limitations:

• Yuga Labs may not receive any funds from the Banana Program, whether under the Commercial Agreements Initiative or the User Incentives Initiative
• Any person that is a Yuga Labs or Animoca employee, or any project or business owned by such person, may not receive compensation as a member of the Advisory Committee, as a Program Facilitator, or as a Strategic Accounts Manager.
• Any person, or any project or business owned by such person, who is a member of the Special Council, Advisory Committee, a Program Facilitator, or a Strategic Accounts Manager may not receive any funding under the Commercial Agreements Initiative or the User Incentives Initiative, unless such potential conflict is disclosed to the Advisory Committee and such person recuses him or herself from any decision making.
Any Advisory Committee member already receiving compensation from the APE Foundation may not receive the compensation listed here. For example, any Special Council member on the Advisory Committee will not receive the compensation otherwise intended for an Advisory Committee member.

Specifically Approved Terms:

• 100,000,000 APE to be used for the Banana Program, provided:
  • Up to 65,000,000 APE may be allocated under the Commercial Agreements Initiative in Year 1
  • Up to 23,000,000 APE may be allocated under the User Incentives Initiative in total, and no more than 73,000,000 APE may be allocated under the Commercial Agreements Initiative in total, unless the Special Council approves such adjustment
• Two year term for the Banana Program, such that any APE not allocated under the Commercial Agreements Initiative or the Users Incentives Initiative by the end of the term will be returned to the ApeCoin DAO treasury
• Approval to spend no more than 3,000,000 APE per year on administrative expenses, including but not limited to, payments to Advisory Committee members, any Program Facilitator, any Strategic Accounts Manager, or any other consultant or advisor providing services to support the Banana Program, legal and business costs and expenses, and other similar costs or expenses.
• The Advisory Committee to oversee the Banana Program based on its Charter (see below) and for the Special Council to oversee the Banana Program and Advisory Committee based on the Banana Program Rules (see below)
• The people identified above (acting in their individual capacity) will initially make up the Advisory Committee, the Program Facilitator, and the Strategic Accounts Managers, as identified above.
• The Special Council may appoint up to two more Advisory Committee members in accordance with the Banana Program Rules (see below) so that the total number of Advisory Committee members will not exceed 7.
• All funds allocated under the Banana Program must be affirmatively endorsed by a majority of the Advisory Committee (e.g. 3 of 5, 4 of 6 or 4 of 7) and must not be vetoed by the Special Council.

Specific Requirements of Approval:

• Within 30 days of the Banana Bill passing:
  • The Advisory Committee will submit for the Special Council’s approval its “Charter”, which outlines its decision-making process and standards, which will at a minimum require that a majority of the Advisory Committee approve making an endorsement under the User Incentive Initiative or Commercial Agreement Initiative
  • The Special Council will publish the Banana Program Rules for (i) adding or replacing members of the Advisory Committee, (ii) vetoing an Advisory Committee recommendation, with the intent to veto only in limited, objective circumstances, and (iii) replacing the Strategic Accounts Manager or Program Facilitator, which will only be initiated upon the recommendation of the Advisory Committee.
• Each quarter during the two year term, subject to confidentiality obligations, a transparency report will be published identifying at a minimum (i) the amount of APE allocated under the Commercial Agreements Initiative and User Incentives Initiative during the prior six months, and (ii) the number of commercial agreements entered into in the prior six months, along with the names of the counterparties.
• The APE Foundation, upon advice of legal counsel, may structure the execution of the Banana Program as advisable or necessary under applicable law.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-454-the-banana-bill-apes-gotta-eat/24367

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.

DESCRIPTION

The election process for the ApeCoin DAO was established in AIP-138, which outlines the process for an equal and fair opportunity to be elected to the Special Council. These 5 candidates were selected from the conclusion of the nomination process. In this vote, the top 2 will be elected to the Special Council. The term shall begin July 1, 2024, and will last for one (1) year.

OVERALL COST

Each Special Council member shall receive compensation as stated in AIP-350, or $125,000 USD for the term.

ELECTION CANDIDATES

Listed in alphabetical order:

• AaronHaber: https://forum.apecoin.com/t/aaronhaber-special-council-nomination-07-2024/23979
• JasonJape: https://forum.apecoin.com/t/jasonjape-special-council-nomination-07-2024/23981
• LeilaS: https://forum.apecoin.com/t/leilas-special-council-nomination-07-2024/23982
• mo_ezz14: https: //forum.apecoin.com/t/mo-ezz14-special-council-nomination-07-2024/23984
• Waabam: https://forum.apecoin.com/t/waabam-special-council-nomination-07-2024/23988

LINK TO THE NOMINATION ANNOUNCEMENT:

https://forum.apecoin.com/t/election-announcement-special-council-nominations/23543

PROPOSALS

Link to AIP-426: Special Council Future Election Requirement and Role Clarification: https://forum.apecoin.com/t/aip-426-special-council-future-election-requirement-and-role-clarification/23463

Link to AIP-350: Shaping Success: Building a Stronger Future with new Special Council Pay: https://forum.apecoin.com/t/aip-350-shaping-success-building-a-stronger-future-with-new-special-council-pay/19265

Link to AIP-138: The Special Council Election Process: https://forum.apecoin.com/t/aip-138-the-special-council-election-process/8850

Link to AIP-1: Proposing the DAO Process: https://forum.apecoin.com/t/aip-1-proposing-the-dao-process/39

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.

DESCRIPTION

The election process for the ApeCoin Web3 Development Working Group Stewards was established across AIP-239, AIP-347, and AIP-412, which outline the process for community members to apply for Steward of the Web3 Development Working Group. In this vote, the top 2 candidates will be elected as Stewards of the Web3 Development Working Group. The term shall begin July 1, 2024, and will last for one (1) year.

OVERALL COST

To request Working Group funds, Leads of each Working Group will submit Ecosystem Fund Allocation Proposals, as defined in AIP-1 Proposing the DAO (‘Ecosystem Fund Allocation Proposal’) in the form of a Working Group Budget Proposal within the final 15 days (inclusive) of the months of February and August each calendar year (each a ‘Funding Window’).

ELECTION CANDIDATES

Listed in alphabetical order:

• 0xboreddev: https://forum.apecoin.com/t/0xboreddev-web3-development-wg-nomination-07-2024/24007
• 0xWebMoss: https://forum.apecoin.com/t/0xwebmoss-web3-development-wg-nomination-07-2024/24005
• Grainz0x: https://forum.apecoin.com/t/grains0x-web3-development-wg-nomination-07-2024/24008
• johnny: https://forum.apecoin.com/t/johnny-web3-development-wg-nomination-07-2024/24009
• romantik: https://forum.apecoin.com/t/romantik-web3-development-wg-nomination-07-2024/24010

LINK TO THE NOMINATION ANNOUNCEMENT: https://forum.apecoin.com/t/elections-announcement-web3-development-working-group-nomination/23544

PROPOSALS

Link to AIP-376: Web3 Development Working Group Charter: https://forum.apecoin.com/t/aip-376-working-group-charter-web3-development/20197

Link to AIP-347: Enable DAO Wide Voting for Working Group Stewards https://forum.apecoin.com/t/aip-347-enable-dao-wide-voting-for-working-group-stewards/19259

Link to AIP-412: Streamingling Working Group Elections: Improved Second Round Voting Strategy https://forum.apecoin.com/t/aip-412-streamlining-working-group-elections-improved-second-round-voting-strategy/21502

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.

DESCRIPTION

The election process for the ApeCoin Marketing and Communications Working Group Stewards was established across AIP-239, AIP-347, and AIP-412, which outline the process for community members to apply for Steward of the Marketing and Communications Working Group. These 5 candidates were selected from the conclusion of the nomination process. In this vote, the top candidate (1) will be elected as Steward of the Marketing and Communications Working Group. The term shall begin July 1, 2024, and will last for one (1) year.

OVERALL COST

To request Working Group funds, Leads of each Working Group will submit Ecosystem Fund Allocation Proposals, as defined in AIP-1 Proposing the DAO (‘Ecosystem Fund Allocation Proposal’) in the form of a Working Group Budget Proposal within the final 15 days (inclusive) of the months of February and August each calendar year (each a ‘Funding Window’).

ELECTION CANDIDATES

Listed in alphabetical order:

• Brazy: https://forum.apecoin.com/t/brazy-marketing-communications-wg-nomination-07-2024/23994
• Hiisver: https://forum.apecoin.com/t/hiisver-marketing-communications-wg-nomination-07-2024/23996
• shotgun.tobi: https://forum.apecoin.com/t/shotgun-tobi-marketing-communications-wg-nomination-07-2024/23999
• Temuulen: https://forum.apecoin.com/t/temuulen-marketing-communications-wg-nomination-07-2024/23997
• Yumi: https://forum.apecoin.com/t/yumi-marketing-communications-wg-nomination-07-2024/23995

LINK TO THE NOMINATION ANNOUNCEMENT:

https://forum.apecoin.com/t/elections-announcement-marketing-communications-working-group-nomination/23546

PROPOSALS

Link to AIP-246: Marketing & Communications Working Group Charter: https://forum.apecoin.com/t/aip-246-working-group-charter-marketing-communications/11837

Link to AIP-347: Enable DAO Wide Voting for Working Group Stewards https://forum.apecoin.com/t/aip-347-enable-dao-wide-voting-for-working-group-stewards/19259

Link to AIP-412: Streamingling Working Group Elections: Improved Second Round Voting Strategy https://forum.apecoin.com/t/aip-412-streamlining-working-group-elections-improved-second-round-voting-strategy/21502

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.

DESCRIPTION

The election process for the ApeCoin Metaverse Working Group Stewards was established across AIP-239, AIP-347, and AIP-412, which outline the process for community members to apply for Steward of the Metaverse Working Group. In this vote, the top candidate (1) will be elected as Steward of the Metaverse Working Group. The term shall begin July 1, 2024, and will last for one (1) year.

OVERALL COST

To request Working Group funds, Leads of each Working Group will submit Ecosystem Fund Allocation Proposals, as defined in AIP-1 Proposing the DAO (‘Ecosystem Fund Allocation Proposal’) in the form of a Working Group Budget Proposal within the final 15 days (inclusive) of the months of February and August each calendar year (each a ‘Funding Window’).

ELECTION CANDIDATES

Listed in alphabetical order:

• ae: https://forum.apecoin.com/t/ae-metaverse-wg-nomination-07-2024/24002
• butterhoops: https://forum.apecoin.com/t/butterhoops-metaverse-wg-nomination-07-2024/24003
• Keezi: https://forum.apecoin.com/t/keezi-metaverse-wg-nomination-07-2024/24004
• PhilWatkins: https://forum.apecoin.com/t/philwatkins-metaverse-wg-nomination-07-2024/24001

LINK TO THE NOMINATION ANNOUNCEMENT:

https://forum.apecoin.com/t/elections-announcement-metaverse-working-group-nomination/23545

PROPOSALS

Link to AIP-245: Metaverse Working Group Charter: https://forum.apecoin.com/t/aip-245-working-group-charter-metaverse/11840

Link to AIP-347: Enable DAO Wide Voting for Working Group Stewards https://forum.apecoin.com/t/aip-347-enable-dao-wide-voting-for-working-group-stewards/19259

Link to AIP-412: Streamingling Working Group Elections: Improved Second Round Voting Strategy https://forum.apecoin.com/t/aip-412-streamlining-working-group-elections-improved-second-round-voting-strategy/21502

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.

DESCRIPTION

The election process for the ApeCoin Governance Working Group Stewards was established across AIP-239, AIP-347, and AIP-412, which outline the process for an equal and fair opportunity to be elected as a Governance Working Group Steward. In this vote, the top 2 candidates will be elected as Stewards of the Governance Working Group. The term shall begin July 1, 2024, and will last for one (1) year.

OVERALL COST

Each Governance Working Group Steward shall receive compensation as stated in AIP-408, or $9,000.00 of ApeCoin equivalent each month for the length of the current Governance Working Group budget, which expires at the end of September 2024.

To request Working Group funds, Leads of each Working Group will submit Ecosystem Fund Allocation Proposals, as defined in AIP-1 Proposing the DAO (‘Ecosystem Fund Allocation Proposal’) in the form of a Working Group Budget Proposal within the final 15 days (inclusive) of the months of February and August each calendar year (each a ‘Funding Window’).

ELECTION CANDIDATES

Listed in alphabetical order:

• AllCityBAYC: https://forum.apecoin.com/t/allcitybayc-governance-wg-nomination-07-2024/23989/10
• CryptoKev: https://forum.apecoin.com/t/cryptokev-governance-wg-nomination-07-2024/23992
• Cryptosheep: https://forum.apecoin.com/t/cryptosheep-governance-wg-nomination-07-2024/23990/34
• DeSmart: https://forum.apecoin.com/t/desmart-governance-wg-nomination-07-2024/23991

LINK TO THE NOMINATION ANNOUNCEMENT: https://forum.apecoin.com/t/elections-announcement-governance-working-group-nomination/23547

PROPOSALS

Link to AIP-239: Working Group Guidelines & The Governance Working Group Charter: https://forum.apecoin.com/t/aip-239-working-group-guidelines-the-governance-working-group-charter/11462

Link to AIP-347: Enable DAO Wide Voting for Working Group Stewards https://forum.apecoin.com/t/aip-347-enable-dao-wide-voting-for-working-group-stewards/19259

Link to AIP-412: Streamingling Working Group Elections: Improved Second Round Voting Strategy https://forum.apecoin.com/t/aip-412-streamlining-working-group-elections-improved-second-round-voting-strategy/21502

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.

ABSTRACT

Ape Express aims to launch the ultimate toolkit for a thriving memecoin ecosystem on ApeChain, empowering users with the tools they need to create, customize and deploy tokens on ApeChain.

With Ape Express no technical skills are needed for safe, unruggable launches. Configure and deploy your token with multiple features in seconds.

Streamlined liquidity management: borrow, deploy, and lock liquidity effortlessly. Developers can deploy an LP using borrowed capital, and launch a coin with a starting market cap of $15K while spending only $300 out of pocket. Liquidity loans can be automatically repaid from token taxes, liquidity, or manual payment.

In one place users can create their brand identity, deploy tokens, manage liquidity, build and engage their community. (Think Pump.fun on ApeChain, but way better and less trash. For instance, on Pump.fun tokens start with 1K MC, and never have a chance to reach a DEX. With our system, every launch makes it to the DEX of choice and encourages a free open market on ApeChain.)

Token creators will have an option and be encouraged to airdrop portion of their supply to the holders of the blue chip collections of Yuga ecosystem. BAYC/MAYC/BAKC, CryptoPunks, Kodas, Moonbirds and Mocaverse holders.

This will bring benefit to the holders of these collections and, at the same time, give the upcoming projects an opportunity to reach the high quality user bases that are the lifeblood of these collections.

All of these processes are streamlined in the dapp so that anyone can do it with a few clicks of a button.

This project aims to expand the ApeCoin ecosystem, increase token velocity, TVL and offer new opportunities for the builders in the ApeChain ecosystem.

None of the funds requested in this proposal will be spent on development or team salary. This proposal aims to bootstrap platform liquidity and the Ape Express marketing budget.

BENEFIT TO APECOIN ECOSYSTEM

1. Ape Express will give 10% of all gross revenue from platform fees back to the Apecoin DAO’s treasury.
2. Onboarding memecoin degens from other chains and converting this liquidity into $APE.
3. Boosting APE liquidity pairs: Ape Express encourages users to pair their tokens with $APE by automatically converting ETH, USDT, and other assets used on the platform into $APE. By locking APE in LPs we contribute to the overall TVL of the ApeChain.
4. Amplifying on-chain activity: by facilitating fast and easy token creation and trading of memecoins, we drive overall transactions volume. Memecoin trading volume on Solana accounts for $1.2B daily, and over $120M in volume on Base chain. We drive transaction volume to the ApeChain native DEX.
5. Enhancing APE token velocity: gas fees, liquidity loans, and buybacks will all utilize $APE.
6. Backed by The Crypto is a Fun marketing engine. The apes you see above are some of the most prolific memecoin degens in web3. We have our fingers on the pulse of the space and can push our audience over to ApeChain. We run the #1 daily memecoin spaces on CT best believe we will promote ApeChain and Ape Express to the masses.
7. With our novel liquidity loan system we will attract aspiring devs because of the low barrier to entry. They don’t need initial liquidity - they just need a dream and that dog in em

LIST of FEATURES:

1. Token creation
2. Liquidity loans (initial LP)
3. Option to airdrop portion of supply to BAYC/MAYC or other Yuga NFTs.
4. Telegram trading bot - web-facing interface
5. Liquidity lockers
6. Airdrop multi sender
7. Stake APE to earn platform-generated revenue
8. Competitive leaderboard for hot pairs and contest
9. Degen Analytic bots
10. AI Website & brand builder

PLATFORMS & TECHNOLOGIES:

• Smart contracts for deploying tokens
• Smart contracts for lending liquidity & liquidity locker built-in
• Smart contracts and mechanisms for clawing back lent out liquidity

We have created our own set of contracts which interact with each other, giving as much fluidity and flexibility to the system as possible. Users simply pay for token minting, which is dependent on how many features they are including in the token. This acts as initial revenue for the product to safeguard minor expenses with regard to the deploying costs(the user’s token and other related contracts per product deployed), and liquidity rounding errors from the lending activities.

There are several ways for users to repay the loans:

• Direct payment: borrow 10,000 APE in liquidity, repay a direct 12,500 APE to receive ownership of LP tokens (albeit locked until the lock period is over)
• Tax Tokens: borrow 10,000 APE in liquidity, and passively repay 12,500 APE as taxes are generated from the trading activity of the token. All taxes are diverted to repaying the loan until completed. The creator will then receive ownership of the LP, and release it to their creator’s address when the lock period is over.
• Liquidity Threshold: borrow 10,000 APE in liquidity, and as the liquidity pool grows from net buying activity, a loan with interest is repaid via clawback. This means the user can select a 2x with a 25% interest to repay 12,500 APE when the liquidity pool contains at least 20,000 APE. This approach is generally regarded to be safest when a higher threshold is selected (as high as 5x is available). This process is an automated repayment method.

Another product is the liquidity locker. All created tokens are automatically opted into this feature with a minimum of 30 days, which begins when the loan is repaid in full. Tokens created outside the platform can also use this feature given they make a small payment in APE tokens. The lock period ranges from 30 days, 3 months, 6 months, and 1 year.

Finally, Ape Express will be equipped with a mass sender contract and UI. This is for any creator wanting to do an airdrop or presale distribution manually.

Ape Express’ GTM strategy will include a referral/discount coupon program, initially to be issued by team members. In addition, APE stakers (10k tokens staked and up) will be able to generate their own referral and discount codes customizable up to 20% referral/discount mix.

An incentive program will also be put into action if approved for a grant. The tokens with the most activity, measured by volume and holders, will be awarded APE tokens every week for the token’s creator/treasury. These metrics are reset every week to further incentivize only currently active projects or new projects to receive such rewards.

Although we cant stop people from creating NSFW tickers on a permissionless blockchain we will have measures on our backend to hide any racist, hateful or pornographic material from our leaderboards. We can control what is represented on our platform and we will carefully monitor this to make sure we are in line with Apecoin guidelines

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 750,000 APE.

Use of funds Breakdown:

• 400K - Reserve for liquidity loans
• 350K - Marketing and onboarding activity incentives for Ape Express and ApeChain
  • Contests
  • Giveaways (SAF spaces, raffles)
  • Quests
  • Create educational tutorials
  • Video content creation
  • IRL marketing
  • Ads online (explorers, scanners, tg bots etc)
  • KOL activations
  • Gorilla marketing
  • PR

1. Contests

• Description: Organizing contests to engage users and increase participation on ApeChain
• Budget Allocation: 30,000 APE
• Timeline: Q2-Q4 2024
• Details:
  • Monthly contests with varying themes.
  • Prizes to include APE , merchandise, and nft prizes

2. Giveaways (SAF spaces, raffles)

• Description: Hosting giveaways and raffles to attract and retain users.
• Budget Allocation: 35,000 APE
• Timeline: daily and weekly throughout 2024
• Details:
  • Weekly raffles and special event giveaways.
  • SAF spaces to include exclusive content and benefits.

3. Quests

• Description: Creating quests that users can complete for rewards.
• Budget Allocation: 30,000 APE
• Timeline: Q3-Q4 2024
• Details:
  • Gamified experiences to encourage user engagement.
  • Rewards to include tokens and unique NFTs.

4. Create Educational Tutorials

• Description: Developing tutorials to educate users about ApeChain and Ape Express
• Budget Allocation: 20,000 APE
• Timeline: Q2-Q4 2024
• Details:
  • Video tutorials, blog posts, and step-by-step guides.
  • Focus on onboarding and ecosystem navigation.

5. Video Content Creation

• Description: Producing high-quality video content to promote ApeChain and Ape Express
• Budget Allocation: 25,000 APE
• Timeline: Q2-Q4 2024
• Details:
  • Promotional videos, user testimonials, and educational series.
  • Regular content updates and new releases.

6. IRL Marketing

• Description: Real-life marketing activities to build brand presence.
• Budget Allocation: 50,000 APE
• Timeline: Q2-Q4 2024
• Details:
  • Sponsoring events, setting up booths, and distributing flyers and merch encouraging builders to deploy on ApeChain
  • Collaborations with other projects with synergies and influencers.

7. Ads Online (explorers, scanners, tg bots, etc.)

• Description: Running online ads on various platforms.
• Budget Allocation: 60,000 APE
• Timeline: Q2-Q4 2024
• Details:
  • Targeted ads on explorers, scanners, Telegram bots, and other relevant platforms.
  • Performance tracking and optimization.

8. KOL Activations

• Description: Engaging Key Opinion Leaders to promote ApeChain.
• Budget Allocation: 55,000 APE
• Timeline: Q2-Q4 2024
• Details:
  • Collaborations with industry influencers.
  • Sponsored content and endorsements.

9. Gorilla Marketing

• Description: Creative and unconventional marketing strategies.
• Budget Allocation: 20,000 APE
• Timeline: Q3-Q4 2024
• Details:
  • Viral marketing stunts, Shillers, callers and growth hacking methods
  • Focus on creating buzz and awareness and fomo

10. PR

• Description: Public relations activities to enhance brand image.
• Budget Allocation: 25,000 APE
• Timeline: Q2-Q4 2024
• Details:
  • Press releases, media partnerships, and interviews.
  • Crisis management and reputation building.

Projected Timeline

• Q2 2024: Launch educational tutorials, contests, and KOL activations.
• Q3 2024: Roll out quests, IRL marketing, and gorilla marketing.
• Q4 2024: Continue all ongoing activities and evaluate overall impact.

This plan outlines a comprehensive approach to utilizing the 350,000 APE marketing budget effectively across various channels and activities, ensuring a steady growth and engagement within ApeChain ecosystem throughout the year.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-433-ape-express-next-gen-degen-tools-for-building-instantly-on-apechain/23615

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.

ABSTRACT
The nomination process for the ApeCoin DAO was established by AIP-246, which outlines a process for community members to apply for Marketing and Communications Working Groups. Applicants put themselves forward and nomination profiles were posted on Discourse for community discussion. Now it is time to vote for the 5 candidates who will move to the Marketing and Communications Working Group election vote that will take place Jun 13 - 19 2024

OVERALL COST


None

ELECTION CANDIDATES

In Alphabetical Order

• @Brazy - https://forum.apecoin.com/t/brazy-marketing-communications-wg-nomination-07-2024/23994
• @Hiisver - https://forum.apecoin.com/t/hiisver-marketing-communications-wg-nomination-07-2024/23996
• @LMAC - https://forum.apecoin.com/t/lmac-marketing-communications-wg-nomination-07-2024/24000
• @shotgun.tobi - https://forum.apecoin.com/t/shotgun-tobi-marketing-communications-wg-nomination-07-2024/23999
• @Temuulen - https://forum.apecoin.com/t/temuulen-marketing-communications-wg-nomination-07-2024/23997
• @Xavierfreeway - https://forum.apecoin.com/t/xavierfreeway-marketing-communications-wg-nomination-07-2024/23993
• @Yumi - https://forum.apecoin.com/t/yumi-marketing-communications-wg-nomination-07-2024/23995

PROPOSAL


Link to the Marketing and Communications Working Group Nomination Announcement: https://forum.apecoin.com/t/elections-announcement-marketing-communications-working-group-nomination/23546/2

Link to AIP-246: Working Group Charter - Marketing & Communications: https://forum.apecoin.com/t/aip-246-working-group-charter-marketing-communications/11837

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.

ABSTRACT

The nomination process for the ApeCoin DAO was established by AIP-137, which outlines a process for community members to apply for the Special Council. Applicants put themselves forward and nomination profiles were posted on Discourse for community discussion. Now it is time to vote for the 5 candidates who will move to the Special Council election vote that will take place Jun 13 - 19 2024

OVERALL COST

None

ELECTION NOMINEES

Alphabetical Order

• @AaronHaber - https://forum.apecoin.com/t/aaronhaber-special-council-nomination-07-2024/23979
• @ernestlee - https://forum.apecoin.com/t/ernestlee-special-council-nomination-07-2024/23980
• @JasonJape - https://forum.apecoin.com/t/jasonjape-special-council-nomination-07-2024/23981
• @LeilaS - https://forum.apecoin.com/t/leilas-special-council-nomination-07-2024/23982
• @mo_ezz14 - https://forum.apecoin.com/t/mo-ezz14-special-council-nomination-07-2024/23984
• @Moonlyght - https://forum.apecoin.com/t/moonlyght-special-council-nomination-07-2024/23983
• @pieter - https://forum.apecoin.com/t/pieter-special-council-nomination-07-2024/23985
• @TheFatherOfAllStorms - https://forum.apecoin.com/t/thefatherofallstorms-special-council-nomination-07-2024/23986
• @VonFrontin - https://forum.apecoin.com/t/vonfrontin-special-council-nomination-07-2024/23987
• @Waabam - https://forum.apecoin.com/t/waabam-special-council-nomination-07-2024/23988

PROPOSAL

Link to the Nomination Announcement: https://forum.apecoin.com/t/election-announcement-special-council-nominations/23543

Link to the Nomination Profiles: https://forum.apecoin.com/c/special-council-elections/30

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.

ABSTRACT

The Special Council of the APE Foundation, at the behest of the ApeCoin DAO members, acts as a liaison between the ApeCoin DAO members and the directors and officers of the APE Foundation. The Special Council exists to serve the vision of ApeCoin DAO.

To further shape the success of the role long-term, the following changes are proposed to be made:

1. Clarify that the Special Council is an “Advisory Board’’ that serves an advisory function with no corporate decision-making power.
   • Rationale: Oftentimes there is quoted confusion in the community about what the Special Council is or is not. In practice, the Special Council is in fact an Advisory Board neither corporate officers nor management executives, and they should not be viewed as such. The Advisory Board should also not be misconstrued as the board of directors of the APE Foundation.
   • An effective advisory board member brings unique qualities to the table. Key qualities and characteristics that make an individual effective in this role: diverse knowledge base, proven familiarity and understanding of the ApeCoin DAO ecosystem, good judgment, thoughtfulness, communication skills, commitment, integrity, and team player abilities.
2. Special Council nominees must have been discourse members for at least 6-months prior to the commencement of the term for which they are running and must have achieved a minimum of Trust Level 2 on discourse. For example, a nominee for the Special Council must have been a discourse member by June 30, 2024 if they are running for the January 1, 2025 term.
   • Rationale: The primary responsibility of Special Council members is to conduct administrative review of AIPs. Accordingly, it is important for the DAO that the individuals elected to the Special Council have a strong history of participation in the discourse and with AIPs.
3. Removal of the weekly reports established by AIP-305.
   • Rationale: It was a good experiment, but the minimal engagement metrics of the reports has shown that they have not been an effective use of anyone’s time and efforts. Furthermore, such reports are not appropriate for advisory boards.

BENEFIT TO APECOIN ECOSYSTEM

Implementing the proposed changes could yield several benefits for the ApeCoin DAO and its governance structure:

Clarity: Renaming the Special Council to the “Advisory Board” clarifies its role and that it is distinct from corporate management and decision-making. This clarity can help ApeCoin DAO members and better understand the purpose and function of the board, leading to more focused discussions and decision-making processes.

Fit and Focus: Requiring nominees to have a history of discourse participation and familiarity with AIPs ensures that Advisory Board members are properly suited to their roles. This can result in more informed discussions, better decision-making, and increased trust from the community.

Overall, these changes aim to optimize the Advisory Board’s role within the ApeCoin DAO, promoting long-term sustainability, and efficiency.

OVERALL COST

No ApeCoin requested from the treasury.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-426-special-council-future-election-requirement-and-role-clarification/23463

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.

ABSTRACT

The proposal aims to support the Community-Led IP ecosystem (CLIP), powered by ApeCoin, dedicated to empowering web3 creators, brands, and enthusiasts in the digital ownership landscape. CLIPStarter, our flagship platform, will serve as the innovation, fostering collaboration, and driving the commercialisation of NFT IP assets. Through crowdfunding for community projects, virtual exhibitions, collectibles, loyalty programs, and strategic partnerships, CLIP will pave the way for NFT IP to transcend mere collectibles and become powerful engines of commerce.

CLIP will be implemented based on ApeChain. While ApeChain is the infrastructure that scales $APE and support the growth of ApeCoin ecosystem, CLIP will become the IP licensing engineer on top of ApeChain and be among the first few dAPP on ApeChain with real business operations.

We will setup a dedicated APE Team to serve ApeCoin DAO and ApeChain:

1. Identify opportunities with new brands and partners to collaborate with ApeCoin DAO and ApeChain
2. Promote ApeCoin to all existing ecosystem partners to raise brand awareness and integrate ApeCoin into entertainment & lifestyle sectors such as movies, video games as skin, traits, characters, F&B, etc.
3. Proactively develop high-end collectables with existing brand partners, exclusively for ApeCoin DAO members
4. Develop pinnacle experience with brand partners, exclusively available to ApeCoin DAO members.
5. Connect Made-By-Ape (MBA) products with sales channels and promote brand awareness for MBA builders.
6. To encourage ApeCoin holders to migrate their $APE to ApeChain, our loyalty system shall provide a multiplier to our participants who holds $APE on ApeChain.
7. A CLIP ecosystem grant will be setup to provide initial funds for qualified creators if they are willing to
   • Adopt ApeChain as the core blockchain infrastructure technology to their projects, and/or
   • include and promote ApeCoin in their projects (subject to ApeCoin DAO final approval);

Any projects receiving the CLIP ecosystem grant will have to contribute a certain percentage of their Net Revenue to the Ape Foundation
 This will be able to attract high quality projects, as well as strong Web3 communities such as Mocaverse, Pudgy Penguin, etc., to the CLIP and APE ecosystem.

BENEFIT TO APECOIN ECOSYSTEM

CLIP will provide a platform for any builders to showcase and promote their IP and projects, fostering collaboration and driving innovation within the ApeCoin DAO ecosystem. By empowering creators and brands to leverage the power of NFTs, CLIP will attract new users and drive adoption of ApeCoin as a valuable digital asset. Additionally, by facilitating partnerships and collaborations, CLIP will enhance the visibility and credibility of ApeCoin DAO, positioning it as a hub for digital creativity and innovation. Since ApeCoin aims to be the leader of Web3, this platform powered by ApeCoin will help build IPs around it and make ApeCoin achieve its goals. This will also be a very powerful business applications running on ApeChain and help driving the growth of the ApeCoin ecosystem.

ApeCoin Foundation shall receive:

• 50% of the Net Revenue generated by the APE Team
• Branding Integration opportunities into all the CLIP’s featured projects that potentially will create millions of impressions, as a means to promote ApeCoin and ApeChain.
• Revenue contributions from projects supported by the CLIP ecosystem grant.
• 500 limited-edition branded collectables, licensed with Mocaverse NFT, will be distributed to ApeCoin DAO’s community members as exclusive rewards.
• 500 limited-edition branded collectables licensed with BAYC NFT, will be distributed to ApeCoin DAO’s community members as exclusive rewards.
• 50 conference tickets hosted by CLIP, providing ApeCoin DAO with opportunities to engage with industry leaders and stakeholders.
• All these collectables and tickets will be distributed to the top 1,000 active ApeCoin DAO’s participants based on the CLIP’s loyalty system. Anyone holding $APE on ApeChain will receive a multiplier.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund: 2,750,000 ApeCoin

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-417-ip-ecosystem-with-clip-powered-by-apecoin/22886

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.