0xDE6D…9BD8

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

Welcome to DashBO, your gateway to boundless creativity and empowerment in the digital realm. Our platform is more than just a website; it’s a revolutionary space where individuals of all skill levels can unleash their imagination and bring their visions to life. With DashBO, content creation is no longer reserved for the select few – it’s now accessible to everyone.

DashBO is a User-Generated Content (UGC) platform, which means our platform thrives on the creativity and contributions of its members. UGC platforms empower users to share their unique ideas and creations, and foster innovation . By harnessing the power of UGC, DashBO enables a diverse range of content that reflects the rich creativity of its users, providing endless inspiration and opportunities for growth.

Whether you’re a seasoned artist or a beginner looking to explore your creative side, DashBO provides intuitive tools and resources to help you craft captivating 3D animations or poses with ease. But that’s not all. DashBO goes beyond traditional content creation by offering users the ability to transform their creations into dynamic face filters, AR experiences, and avatars for games or the metaverse. With our emphasis on democratizing content creation and leveraging users’ NFT profile pictures, DashBO is not just a platform – it’s a community where imagination knows no bounds.

Our platform DashBO will be built on ApeChain. ApeChain’s robust infrastructure ensures fast transaction times, low fees, and enhanced security, making it the ideal foundation for a cutting-edge content creation platform. This technology enables seamless integration and interaction within the ApeCoin ecosystem, allowing for greater interoperability and expanding the possibilities for creators.

A pre-release, limited functionality beta version of DashBO will be deployed in partnership with Yuga Labs via BAYC. com exclusively to all BAYC and MAYC holders via the BAYC. com Profile system. Once the full platform is launched, all BAYC and MAYC holders – as well as Meebits – will have immediate access to the full platform and functionalities. Our platform will also support other Yuga assets like Kodas and MoonBirds upon their releases. Other collections such as CloneX and AKCB that offer 3D models to their communities are supported, and for those that don’t as of yet – such as Mocaverse, 0n1 Force, or Azuki and many others – we have prepared the base model for the generation of the full range of 3D models using our system when onboarded. DashBO will help onboard these communities to the ApeCoin ecosystem and ApeChain.

YUGA SUPPORT:

In addition to contracting Inceptive Studios to create a complete collection of unofficial, DashBO-ready models for MAYC, and giving us access to the full collection of official BAYC models for the system, Yuga Labs will be providing Meebits, Kodas, and MoonBirds 3D assets as they become available for inclusion.

FEATURES:

1. ANIMATIONS AND POSES: DashBO empowers users to unleash their creativity with a multitude of animations and poses and even some trending memes with their PFP’s.

• Animations: DashBO offers a multitude of preset animations for users to choose from. Users can select their favorite animation, add camera movement and background audio, and then export it directly to social media or download the video to edit on their preferred video editing software.

  

+ Additional animations will be regularly, providing users with fresh ways to express themselves.

• Poses: DashBO also features a wide variety of preset poses. Users can select their favorite pose, adjust the camera angles, and then export the image to social media or download it for further editing on their favorite photo editing software.

  

+ New poses will be introduced regularly, providing users with fresh ways to express themselves.

• Memes: DashBO includes a selection of trending memes, allowing users to express themselves with humor and creativity. Users can choose from the latest memes and customize them with different camera angles and share them on social media.

  

+ Additional trending memes will be added regularly to ensure users always have fresh content to play with.

2. MBA CLOSET: Users can personalize their avatars by trying over 40 MBA apparel brands, including links to the brand’s e-commerce website. The user can create content by animating and posing their avatars, with apparel labeled with the brand name and MBA License Number. This user-generated content (UGC) enhances engagement and drives conversions. This brand labeled content can be showcased on social media, email, landing pages, and checkout pages, maximizing its impact across various platforms.

Some of the MBA apparel brands we have in place:

3.MERCH TRYOUT: Users can customize their avatars with over 90 merch items from almost all BAYC/MAYC merch drops. Users can tryout and create content by animating and posing their avatars wearing the merch. Additionally, users can access information about the merch and links to search pages on StockX and eBay.

Some of the merch drops in place:

• MERCH PARTNERSHIPS: DashBO will regularly add special merch drops either in the shape of partnerships with Brands or apparel that is trending like when the DogWifHat was trending we would have added the Wif Hat or another example the MOG glasses when they were trending. Planned merch drops:
  • Exclusive Singe Partnership: DashBO is partnering with SINGE® to release exclusive digital apparel.
  • DashBO x Apecoin Merch: AIP Approval Celebration DashBO x Apecoin Merch.

4. MBA TASTING: To empower MBA brands, users can leverage our UGC system by creating avatar poses with their avatars featuring MBA products at no cost to the brands. Users can animate and pose their avatars with products labeled with the brand name and MBA License Number, if available. This user-generated content (UGC) is utilized at every stage of the buyer’s journey to boost engagement and drive conversions. This brand labeled content can be featured on social media, email, landing pages, and checkout pages, maximizing its reach and impact across various platforms. The rendered poses will have a footer with the MBA brand’s Logo, website, and MBA license number.

Some of the MBA brands we have in place:

5. REALSPACE AR: DashBO empowers users to bring their creations into the real world through Augmented Reality (AR). Users can create various animations and seamlessly integrate them into AR experiences. This feature allows users to see their 3D animations interact with their physical environment, adding a new dimension of engagement and immersion. Whether it’s for personal enjoyment, social media sharing, or professional presentations, DashBO’s AR capabilities offer an exciting way to showcase creativity. New AR experiences and tools will be continuously added, keeping users creating fresh content.

[The video has been removed by uploader]

6. TUTORIALS: DashBO offers a comprehensive array of informative and entertaining tutorials designed to help users maximize their experience on the platform. These tutorials provide step-by-step guidance on how to utilize DashBO’s extensive suite of tools, ensuring users can fully harness their creative potential. In addition to DashBO-specific tutorials, there will be a curated selection of tutorials covering other popular 3D software and tools. These resources will walk users through each phase of the creative process, from basic techniques to advanced strategies, offering valuable insights and practical tips. By following these tutorials, users will not only enhance their technical skills in creating content with their 3D avatars but also spark their creativity, enabling them to produce more compelling and imaginative content.

7. LEADERBOARD: To foster a vibrant and engaged community, DashBO will feature a community leaderboard that incentivizes users to share their creative content on social media. As a DashBO user, you can earn DashBO credits when other users join using a referral link.

By incorporating this gamified approach, DashBO aims to boost user participation, enhance the visibility of user-generated content, and promote the wider use of ApeCoin within the community. This system not only rewards users for their creativity but also helps to spread awareness and drive traffic to the ApeCoin ecosystem through social media engagement.

7. INTEROPERABLE FILES: In the ever-evolving landscape of digital creation, different metaverse platforms, games, tools, and software support 3D files in various formats, each with its own specifications. This diversity often creates a barrier for creators who want to ensure their content is compatible across multiple platforms. DashBO addresses this challenge by handling all necessary conversions, rigging, and texturing, making avatars and other 3D content seamlessly usable across different metaverse platforms, games, tools, and software. By automating these technical processes, DashBO removes the complexity and ensures that users can focus on their creativity without worrying about technical compatibility issues. As new platforms and technologies emerge, DashBO will continually update and expand its capabilities to support an even wider range of formats and specifications, ensuring that our users’ creations are future-proof.

Inceptive Studio is in several different stages of talks with providers of Metaverse and 3D tools providers:

Most recently, Yuga Labs: Otherside announced that Rida and the Inceptive, along with other community builders @bailey and @Tropical, are pre-alpha testers of the ODK powered by ApeChain.

Official Tweet no link in the original copy.

APECHAIN INTEGRATION: Integrating DashBO with ApeChain is crucial for enhancing user experience. Users will have the ability to use ApeCoin to purchase DashBO credits, our off-chain currency. This integration aims to facilitate a seamless experience within DashBO, enabling users to unlock new content for their avatars more efficiently.

TOKEN AUTHENTICATION: Token Gating in DashBO plays a crucial role in restricting access to certain parts of the platform exclusively to NFT holders, thereby safeguarding intellectual property from unauthorized use. DashBO accommodates delegate wallets such as Warm and Delegate Cash, ensuring a smooth and secure user experience. Moreover, DashBO seamlessly integrates with ParaSpace and BendDAO, both leveraging Delegate Cash, ensuring compatibility and operational efficiency.

BUSINESS MODEL: DashBO’s business model is designed to give Yuga 3D avatar holders (starting with BAYC, MAYC and Meebits) value at both free and premium levels, providing free content creation tools as well as additional premium tools through the purchase of DashBO credit bundles. By using ApeCoin for transactions, DashBO integrates seamlessly with the broader Ape ecosystem, adding utility and value for ApeCoin holders. Until the full collections become available, DashBO will also provides access to demo avatars from popular Yuga collections such as Bored Ape Kennel Club (BAKC), Kodas, MoonBirds, and 10KTF Gucci Grail. Holders of these projects can utilize these demo avatars to create unique content, enhancing their creative possibilities. To unlock premium content and advanced tools, users can purchase DashBO credits, which are exclusively available for purchase using ApeCoin.

The credits come in three bundles, each with specific expiry durations:

DashBO will implement a revenue share model with the ApeCoin DAO. Ten percent (10%) of the gross revenue from sales will go to the ApeCoin DAO treasury , supporting the broader ApeCoin ecosystem and contributing to its growth and sustainability. Revenue distribution is planned to be done quarterly. This schedule allows for consistent financial reporting and ensures that the DAO regularly benefits from the platform’s success.

Additionally, we plan to introduce regular updates and new features, keeping the platform dynamic and continually improving the user experience. Whether you’re using free features or exploring premium content. We intend to keep the cost of premium content between 4-6 credits. This pricing strategy ensures affordability while maintaining the quality and accessibility of premium features on the platform.

We do NOT retain any ownership rights over content created using IP that is owned by the holders. Our platform is designed to respect and protect the intellectual property of all users.

PARTNERSHIPS:

• Yuga Labs:

  • MAYC Models: Inceptive has been contracted by Yuga Labs to create a complete collection of “unofficial” models for MAYC (DashBO-ready).

  • BAYC .com: Inceptive has partnered with Yuga Labs to create BAYC holders pre-release beta access to DashBo UGC platform .](BAYC. com)

BENEFIT TO APECOIN ECOSYSTEM

Integrating DashBO with ApeCoin will significantly promote the usage of ApeCoin, encouraging users to engage more actively with the ApeCoin ecosystem. This integration will facilitate various transactions, including the purchase of premium content, creation tools and unique assets. By increasing the utility and circulation of ApeCoin, DashBO will contribute to generating additional revenue for the ApeCoin DAO, thereby strengthening the overall ecosystem and enhancing its sustainability. DashBO will implement a Ten percent (10%) revenue share model with the DAO thus supporting the broader ApeCoin ecosystem and contributing to its growth and sustainability.

Moreover, DashBO’s support of other Non Yuga projects like Mocaverse, Azuki, Pudgy Penguins, Degods, and many others will introduce more users to the ApeCoin and ApeChain ecosystems once those projects are onboarded. This expansion of users and projects within the ecosystem will further enhance the value and utility of ApeCoin, fostering a vibrant and thriving community of creators and users. Additionally, DashBO will be built on ApeChain, which means more communities will be onboarded to the ApeCoin and ApeChain ecosystems. This integration will add more demand for ApeCoin as these communities utilize the token for various transactions and interactions within the ecosystem. Additionally, the integration with ApeChain will enable seamless interoperability with other projects and tokens within the ApeCoin ecosystem, further enhancing its utility and value proposition.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $418,000 USD.

This grant will cover the development and integration costs, marketing expenses, and operational expenses associated with Launching DashBO with the ApeCoin ecosystem.

The detailed budget breakdown is as follows:

• Development and Integration: $150,000 USD

  • Frontend Development: $30,000 USD
  • Backend Development: $30,000 USD
  • Unity Development: $40,000 USD
  • Blockchain Development and Audit: $50,000 USD

• Infrastructure & Maintenance Costs: $80,000 USD

  • Hosting Costs: $50,000 USD
  • Data Storage: $10,000 USD
  • Maintenance: $20,000 USD

• Operational Expenses: $188,000 USD

  • Marketing and Promotion: $50,000 USD
  • Content Creation: $90,000 USD
  • Licenses and Subscriptions: $8,000 USD
  • 3D Work: $40,000 USD

Our main request is to receive social media support from the APE Foundation, particularly in the form of tweets at launch and periodic retweets. This will help us engage with the community effectively and drive awareness for the platform. We also request additional support from the APE Foundation for community engagement initiatives and platform enhancements, as deemed necessary by the Foundation.

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

Link to the full proposal: (https://forum.apecoin.com/t/aip-498-dashbo-ugc-platform-democratizing-content-creation/25163/1)

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 vote is to decide whether or not to proceed with the results of the AIP titled “ApeChain: Selection of proponent to build ApeChain”, which aims to select a proponent to build ApeChain, a dedicated ApeCoin blockchain that scales $APE and supports the growth of the ApeCoin ecosystem.

BENEFIT TO APECOIN ECOSYSTEM

The potential proponents will be the providers who chose to apply and qualified for the Request for Proposals (RFP) advertised here: https://forum.apecoin.com/t/apechain-request-for-proposals/21139

STEPS TO IMPLEMENT

Voting FOR = Approve the continuation of voting of ApeChain: Selection of proponent to build ApeChain

Voting AGAINST = Disapprove the continuation of voting of ApeChain: Selection of proponent to build ApeChain and delete the Snapshot

VOTING PERIOD

6 days

OVERALL COST

$0

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/apechain-build-an-apechain-vote-for-or-against/21519

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

Boring Security is seeking $239,000 for FY24. We are seeking funds to deploy into a Uniswap V3 Liquidity Pool where Boring Security DAO can take structured withdrawals from yield generated month over month to cover its operating expenses not covered by partnership income and other grants.

BENEFIT TO APECOIN ECOSYSTEM

For less than the (former) cost of one Council member per month :trollfaceemoji:, we have a DAO full of almost 30 contributor members and 1600 Alumni token holders, preaching the message of Security, and showcasing the power of ApeCoin. We have expanded the ApeCoin ecosystem beyond just apes, partnering with Gitcoin, Art Blocks, Pudgy Penguins twice, publishing content with Ledger Academy, and building & teaching in the metaverse!

Boring Security’s OnCyber Classroom: https://www.oncyber.com/boringsecurity-classroom

We also will be adding 'Powered by ApeCoin' to all of our materials!

Going forward, we want to make sure the world knows that we are ApeCoin powered. Boring Security simply would not be possible without the ApeCoin DAO, and with this proposal we are asking for permission to plaster this on all of our materials.

We may also include other sponsors in parts of our branding as well, but we want folks to be reminded at every step that ApeCoin is at the heart of who we are and what we do. We pay our contributors in ApeCoin, we hodl our ApeCoin, and we provide (some) liquidity to ApeCoin as well.

A mockup of the Powered by ApeCoin usage

Boring Security has been incredibly cost effective, being very judicious with every dollar spent. We’re committed to growing Boring Security as part of the ApeCoin DAO, building out an asynchronous catalog of security resources (beyond just articles) in 2024.

(The $20k Marketing spent in March was a proposal to sponsor Revoke.Cash [which passed] and to honor Rosco’s incredible contribution in the space, as well as being featured on their front page for 1 year!)

Curious about our budget? We have tracked every single transaction the DAO has made, as well as it’s supporting LLC entity, here:

BoringSec Treasury - Google Sheets

---

We don’t want to be just a “public good funded by Apes”, but a representation of what a lean, mission driven DAO can accomplish for all of Web3. So far, we’ve focused on expanding our live class offering and growing our community. Next we want to be a household name, helping turn ApeCoin DAO to be the friendliest, most accessible ecosystem in all of crypto. We can’t wait to build in the Otherside along with you all, and send you on quests to defeat scammers in the metaverse!

OVERALL COST

$239,000 USD denominated in $APE

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-373-boring-security-runnin-it-back/20024

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 aims to establish a global presence for ApeCoin DAO by strategically setting up 3 offices in diverse locations worldwide. The ApeCoin DAO Founders Circle is an exclusive space and event hub designed to support early-stage blockchain and DeFi startups and promote ApeCoin DAO by educating the local tech communities about our vision and processes. This initiative includes access to online educational resources, 1:1 sessions, networking opportunities, exclusive invitations to IRL events, and access to ApeCoin DAO’s community and investor network. The benefits of funding this initiative include establishing ApeCoinDAO as a hub for early-stage startup founders and entrepreneurs, building a strong network of like-minded individuals, and increasing the visibility and reach of the organization in DAO’s selected markets.

These offices will serve as dynamic showcases for ApeCoin DAO, embodying a proactive approach to engage and educate local communities on pivotal topics such as $APE, the metaverse, and web3.

In addition to the physical and digital activities hub we will offer at ApeCoin DAO Founders Circle, a platform to streamline our operations. This website will allow ApeCoin DAO members (via wallet) to access co-working spaces and participate in events through the use of tags, as well as the founders or guests. With this website, we aim to make it easier for individuals to make the most of our activities and services. The website will also have an education hub where users can access helpful materials, videos, and slides to continue their learning journey at their own pace.

BENEFIT TO APECOIN ECOSYSTEM

The ApeCoin DAO Founders Circle holds transformative potential that directly aligns with the objectives of DAO vote AIP-259. This initiative strategically reinforces the proposed impact within selected markets by establishing offices and operational hubs in those markets. The initiative contributes to significant realization in selected markets, elevating brand visibility, onboarding Web2 to Web3, and fostering long-term growth for ApeCoin.

Selected Market Penetration

The Founders Circle's approach of opening worldwide offices and operational hubs aligns perfectly with the intention to create significant impact in the selected markets identified by AIP-259: Language and Market Focus for ApeCoin DAO in 2024-2025. This strategic alignment ensures that the ecosystem's presence is not only felt but also deeply integrated into these markets, effectively amplifying our reach and influence.

Promoting ApeCoin DAO

The initiative's inclusion of showcasing the ApeCoin DAO logo on buildings in the selected markets further elevates our brand visibility and reputation. By creating localized touchpoints, it introduces the organization's values, technologies, and services to a broader audience, positioning ApeCoin DAO as a leading entity within the metaverse.

Onboarding Web2 to Web3

The Founders Circle serves as a bridge for Web2 communities looking to enter the Web3 world. It provides a localized, supportive environment for tech companies and startups to learn about web3, NFTs, and blockchain technology, and our DAO facilitating a smooth transition into the crypto space.

Long-Term Growth and Expansion

The multi-year timeline of the Founders Circle’s operations further enhances the lasting impact outlined in AIP-259. By establishing a continuous presence, we can cultivate enduring relationships with local investors, startups, and communities, contributing to the sustained growth and influence sought by the DAO.

OVERALL COST

9M $APE for 2024-2027, to be provided in tranches via a mechanism to be determined together with the APE Foundation at a later date.**

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-321-founders-circle-powered-by-apecoin/12417

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

Polygon Labs proposes that ApeCoin DAO launch and maintain its own zero-knowledge powered Layer-2 (“zk-L2”) with the Polygon Chain Development Kit (“CDK”) to accelerate the growth and development of the ApeCoin ecosystem.

This proposal includes (1) the launch of a dedicated ApeCoin zk-L2 chain (“ApeChain”) built and maintained by Gateway.fm, a premier rollup as a service (“RaaS”) provider that builds Web3 infrastructure and tooling products with advisory support from Polygon Labs and oversight of such building and maintenance to be conducted by the ApeCoin DAO Foundation and (2) ecosystem collaboration with Polygon Labs to help stimulate the growth of ApeCoin-integrated projects (experiences, entertainment, games and consumer applications) and ApeChain-related public goods (middleware, marketplaces, and necessary infrastructure).

As contemplated under “Gateway.fm as RaaS Provider and Architecture Considerations” below, ApeChain will be fully owned, governed and run under the patronage of the ApeCoin DAO community with 100% of all revenue, including sequencer fees or any potential Native Yield (defined below), accruing to the ApeCoin DAO and ApeCoin Validators (defined below). No AIP Idea is inherently linked to this AIP and all AIP Ideas–design architecture or otherwise–not explicitly covered within this AIP (e.g., a separate “ApeChain token” launch/airdrop or a development fund from the ApeCoin DAO treasury to help stimulate the growth of ApeCoin-integrated projects and ApeChain-related public goods) is not precluded from this ApeChain implementation but instead is left to the community (e.g., through subsequent AIPs by ApeCoin community members) even in cases where Polygon Labs does not believe it would be in the best interests of APE holders.





BENEFIT TO APECOIN ECOSYSTEM

The ApeCoin community has been aware that ApeCoin “will need to migrate to its own chain in order to properly scale” since these very words were tweeted by Yuga Labs nearly 18 months ago. Indeed, Yuga Labs went on to “encourage the [ApeCoin] DAO to start thinking in this direction.” While ApeCoin DAO voted on AIP-41 to keep ApeCoin within the Ethereum ecosystem, the question of an ApeCoin-specific chain is open and remains ripe for decision.

Here’s where this AIP comes in: to propose a dedicated ApeChain, using Polygon CDK, an open source toolset developers can use to launch their own zk-powered L2 on Ethereum with little friction and an emphasis on modularity, built and maintained by Gateway.fm with advisory support from Polygon Labs and oversight by the ApeCoin DAO Foundation.

As detailed below under “Platforms and Technologies,” ApeChain will provide ApeCoin DAO and its members potential sequencer fees and staking rewards for network validators while solving the scaling issue mentioned above. In other words, this chain will provide dedicated, ultra-premium and inexpensive blockspace for ApeCoin DAO-affiliated and/or -incubated experiences, entertainment, games and consumer applications that will ultimately bring not only more users into the ApeCoin ecosystem, but also additional activity and creation of all types of value (content, assets, data and the like).

Polygon CDK has seen great adoption already. Chains being developed using Polygon CDK and core contributors thereto include X1 (built by OKX), Immutable zkEVM, NEAR zkWASM, Gnosis Pay, Capx, Palm Network, Astar zkEVM, Canto and Celestia (for data availability), among others. This is because Polygon CDK offers the highest degree of flexibility in scaling Ethereum while also remaining maximally secure.

ApeCoin DAO's stated mission is to “empower a decentralized community building at the forefront of web3.” Via $APE, ApeCoin DAO will build and support “a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse."

ApeChain will provide the ApeCoin DAO with an efficient and secure execution environment upon which ApeCoin DAO projects can be built to help realize this mission. As a result, by virtue of ApeCoin DAO gaining composability and interoperability with the entire modular suite of Polygon solutions (including Polygon PoS, which will soon be upgraded to a zkEVM Validium, Polygon zkEVM, Polygon Miden and various customizable L2 permutations using the CDK, together “Polygon Architecture”), the ApeCoin ecosystem will be primed for tremendous growth.

With thousands of dApps and millions of daily transactions, the Polygon Architecture is by far the most robust and stable Ethereum L2 scaling solution. With ApeCoin already bridged onto Polygon PoS, it is already available to be used by all dApps across Polygon Architecture – including for gas and staking in relation to dApps built on the proposed ApeChain (see “Platforms and Technologies” below).

It is well-documented that mainstream adoption of blockchain technology and Web3 is underway, and the Polygon Architecture is helping to bring blockchain to “Internet-scale.” This is across verticals and use cases, including gaming (Square Enix), loyalty rewards (Starbucks), phygital goods and co-creation (Nike), digital avatars (Reddit), self-expression and identity (L’Oreal) and the most adopted Web3-native use cases (from defi, like Uniswap and Aave, to the open metaverse, like Sandbox and Decentraland). As such, the Polygon Architecture is the most well-suited ecosystem for ApeCoin DAO to launch “community-led initiatives that drive culture forward into the metaverse” and Polygon Labs is the most well-suited entity to help ApeCoin DAO to stimulate the growth of ApeCoin-integrated projects and ApeChain-related public goods.

OVERALL COST

As laid out in the preceding sections of this AIP, we estimate that the costs for building, deploying and maintaining ApeChain for one year, will be a maximum of $200,000 USD. None of these expenses would be paid to Polygon Labs or any affiliate of Polygon Labs. Instead, they would be used to pay Gateway.fm and its infrastructure costs.

Once ApeChain is built, deployed and maintained, the DAO (as a self-governing entity) will decide for itself how it will fund and maintain ApeChain in subsequent years. Possibilities include negotiating with the Gateway.fm on a contract extension or fielding proposals from community members with sufficient expertise who are willing to contribute to ApeChain’s maintenance, for example.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-368-apechain-a-zk-powered-polygon-layer-2-to-support-apecoin-growth/19308

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 aims to establish and operate an expert steering committee within ApeCoin DAO to lead the process of formulating a language and market focus strategy for 2024-2025. The steering committee will play a crucial role in prioritizing specific markets, optimizing resources, and incentivizing proposals that align with the chosen selected markets.

BENEFIT TO APECOIN ECOSYSTEM

The benefit of this proposal is the implementation of the approval AIP-259. AIP-259 bring several benefits:

1. Strategic resource allocation

AIP-259 allows for effective allocation of resources by concentrating efforts on selected markets, ensuring optimal use of available resources.

2. Clear direction

AIP-259 provides a clear sense of direction, fostering community cohesion and enabling individuals to align their efforts with the DAO's goals.

3. Enhanced impact of AIPs

The focused approach of AIP-259 enables AIPs to address specific needs, challenges, and opportunities within targeted regions or demographics.

4. Optimal Impact and Influence

AIP-259 establishing a stronger presence and gaining influence within selected markets, leading to increased market adoption, partnerships, and growth.

5. Efficient Decision-Making

AIP-259 provides a clear framework for decision-making. It ensures that AIPs are aligned with the selected markets, avoiding dilution of efforts across multiple markets.

6. Coordinated Market Expansion

ApeCoin DAO can optimize its resources, increase market penetration, foster inclusivity, achieve significant impact, and streamline decision-making processes.

OVERALL COST

$0 - 60,000.00 USD

OPTION A: Internal Steering Committee: $0 USD - $22,000.00 USD

OPTION A1 - Community Committee: 22,000.00 USD

Chairman ($4,000.00 USD)

6 Members ($18,000.00 USD/ $3,000.00 USD each)

OR

OPTION A2 - Foundation Committee: 0 USD

2 Members from Ape Foundation would be able to opt-in

2 Members from Special Council would be able to opt-in

1 Member, AIP-259 Author

OR

OPTION B: External Consulting Company: $60,000.00 USD - (OFFER DISCOUNT USD)

The cost will be given as a percentage discount from an amount of $60,000.00 USD (including VAT as much as applicable), which is the maximum amount the DAO is willing to pay for the performance of all services specified in section "Scope" above.

Option B1 - L+R (Levin+Riegner): $54,000.00 USD

L+R Proposal - Option B1|attachment (511.5 KB)

OR

Option B2 - Web3 Studios: $12,000.00 USD

Web3 Studios Proposal - Option B2|attachment (736.0 KB)

OR

Option B3 - BDC Consulting: $60,000.00 USD

BDC Consulting Proposal - Option B3.pdf|attachment (22.1 MB)

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-315-formation-of-the-steering-committee-and-publish-language-and-market-focus-strategy-for-2024-2025/16206

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 AIP proposes the re-evaluation of Special Council salaries from AIP-1 with an immediate salary adjustment for future Special Council members, suggesting a 50% reduction in their compensation (from $20,833 of ApeCoin/month to $10,417 of ApeCoin/month). This adjustment will be applicable to all future terms as detailed in AIP-137 and AIP-138, exclusively affecting Special Council members elected after the implementation of this proposal.

BENEFIT TO APECOIN ECOSYSTEM

Financially, the DAO stands to accrue savings of up to $104,165 ApeCoin monthly. It will also elevate community engagement by granting ApeCoin holders the opportunity to vote on this delicate matter, enhancing the overall governance.

OVERALL COST

$0. No costs for the ApeCoin DAO. Instead it will save the DAO up to $104,165 ApeCoin/month.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-337-re-evaluating-apecoin-dao-special-council-salaries-structure/18817/1

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.