0xFE57…8066

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

Phase I: APEIC NFT | The Exclusive VIP Access to Fine Street Art for the APE Community

The APEIC Series is a monumental collaboration between Kite and ApeCoin. This series consists of NFTs linked to limited edition, signed, and numbered prints, merging high-end physical art with blockchain technology.

APEIC NFTs serve as premium membership keys to Kite, a web3 art studio created to curate and tokenize masterpieces from artists like Banksy, Stik, and KAWS. These masterpieces will be displayed in global galleries, while fractional ownership of the tokenized works generates returns in APE, claimable through the Kite member area.

Phase II: Banksy on ApeChain | The First Mint of a Banksy in the Kite Studio

APEIC NFT holders will receive a share of a highly prized Banksy piece and have first rights of refusal to purchase fractions of future tokenized works curated by Kite. These fractionalized works will yield returns in APE from offline rental revenue.

Phase III: Beyond Banksy on ApeChain | Building the Legacy for the Ape Community

Kite Studio will continue curating exclusive fine art for the ApeCommunity, expanding into mainstream audiences, with all works revolving around the vibrant ecosystem of APE.

BENEFIT TO APECOIN ECOSYSTEM

Art Access & Original Signed Prints

• Limited Edition release: The first collection includes 250 APEIC NFTs in 10 sets of 25 unique colorway combinations. Each NFT is an exclusive membership key, granting access to exclusive benefits and curated collections.

• Physical Art: Each APEIC NFT holder will have the opportunity to purchase a super scarce, numbered print of their NFT at a unique rate, allowing them to display a physical version of the limited-edition artwork at home.

Banksy Fractions Yield APE

• APEIC NFT holders will receive a free share of a highly prized Banksy piece and have first rights to purchase future fractionalized Banksy artworks, all tokenized on ApeChain and yielding returns in APE.

Global Brand Awareness

• Events & Marketing: The APEIC Series will be showcased during globally recognized events like Art Basel Miami and Frieze, placing ApeCoin in the spotlight as it blends Web3 with the fine art world. High-impact marketing efforts, including behind-the-scenes content, will enhance awareness and engagement.

Community Engagement & Governance

• Membership Key & Access: Holders of APEIC NFTs will gain early access to future collections, governance roles in upcoming projects, and invitations to exclusive private events, exhibitions, and artist meet-and-greets.

OVERALL COST

Total Requested Amount: $450,000 USD

Milestone-Based Tranches:

1. Phase I: Platform Development & Initial APEIC Drop ($125,000 USD)

• Development:

  • Building the foundational platform on ApeChain for NFT minting and art tokenization.
  • Developing core governance and membership features.

• Marketing and Community Engagement:

  • Initial community outreach and strategic marketing for APEIC launch.
  • Production and logistics for physical art prints associated with the NFTs.

• Milestone:

  • Successful deployment of the Kite platform.
  • Successful launch of the APEIC NFT Series (250 NFTs).

Disbursement: Upon Grant Approval. 2. Phase II: Banksy on ApeChain & Global Exhibitions ($150,000 USD)

• Art Curation & Production:

  • Fractionalization and tokenization of the first Banksy piece.
  • Organizing logistics for the display of the APEIC Series during Art Basel Miami and Frieze.

• Event Execution:

  • In-person art events to raise awareness and engagement.

• Milestone:

  • Successful fractionalization of Banksy art.
  • Free giveaway of Banksy pieces to the APE community.
  • Debut of the APEIC Series at two global art fairs.

Disbursement: Upon completion of phase 1 3. Phase III: Expansion & Community Scaling ($100,000 USD)

• Scaling of Platform Infrastructure:

  • Integration of secondary trading features and global scaling.

• Community Rewards & Marketing:

  • Launch of secondary collections curated by Kite studio and integration of additional artists.

• Milestone:

  • Deployment of a secondary trading platform.
  • Successful fractionalization of at least 3 subsequent editions.

Disbursement: Upon completion of phase 2.

4. Phase IV: yield APE & scale impact ($75,000 USD)

• Full version of Platform:

  • Deploy end to end user journey including yields distribution .
  • Community Rewards & Marketing:
  • Expand artists network and regional impact.

• Milestone:

  • Successful distribution of the first yields on APE Chain
  • Successful fractionalization of at least 3 additional editions.
  • Disbursement: Upon completion of phase 3.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-526-a-banksy-collection-that-yields-ape-the-apeic-series/25968)

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.

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

ApeMania is an innovative, on-chain gaming platform designed to bring a new level of excitement and earning potential to the ApeCoin ecosystem. By combining the thrill of lottery-style games with the power of yield-generating ApeCoin staking, ApeMania offers users a unique opportunity to engage in entertaining, provably fair gameplay with low entry and have a chance to win lucrative rewards daily and weekly. The platform leverages VRF for transparency and fairness, and staking pools with auto-compounding, ensuring that users achieve the highest possible yields. ApeMania is designed to enhance the utility of APE tokens, create value for BAYC/MAYC NFT holders, and contribute to the growth of the ApeChain ecosystem.

Ape4D:

Gameplay: A no-loss 4D lottery that allows participants to engage with small entries and win big rewards.

Entry Requirement: Players can participate by depositing a fixed amount of APE per number.

Prizes: Daily draws feature 23 prizes, with a variety of winning opportunities.

Jackpots:

• Daily Jackpot: Starts with an initial pot of 500 APE, accumulating 5% from yield daily.
• Weekly Jackpot: Starts with an initial pot of 1000 APE, accumulating 10% from yield daily.

Multiple Pools: Creating new pools upon 90% entry with incremental bonuses.

Pool-based staking:

• Designed for BAYC and MAYC NFT holders.
• Payout Structure: NFT owners take a majority split from earnings.
• Auto-Compounding: Automatically reinvests earnings to maximize yield over time.

Dice Streak:

Gameplay: Roll with three dice and user place bets on possible outcomes

Betting Options: Large sum (11-18), small sum (3-10), streak (3 identical numbers)

The Rolling Apes:

Gameplay: A wheel spin game where the chance of winning is proportional to the player’s stake in the overall pot.

Bingo:

Gameplay: Each player receives a unique 5x5 board with a randomly placed free space.

How it works: First to achieve five numbers in a row declared the winner.

Points and Referrals

Playing games on ApeMania can earn points regardless of winning or losing. Furthermore, users can turn friends into income by sharing reflink, earning 16% of their Points, plus 8% of their referrals’ Points.

Revenue Model

1. Yield Generation:

• The platform retains a portion of the yield generated from staked APE.

2. Game Fees:

• 1% fee charged on winnings in most games.

3. NFT Investment:

• A portion of the platform’s profits is reinvested into BAYC/MAYC NFTs. This strategy not only enhances yield potential but also contributes to the stability and growth of these collections’ floor prices.

4. Ecosystem Expansion:

• ApeMania plans to extend its platform to accommodate other yield-generating cryptocurrencies, broadening its appeal and user base.

5. Project Collaboration

• The platform offers customized staking games in collaboration with other projects, fostering innovation and mutual growth.

6. Advertising

• The platform will also generate revenue through targeted advertising, leveraging its user base and brand recognition.

ApeMania represents a unique blend of entertainment and financial opportunity, creating a synergistic environment where APE holders, NFT owners, and the broader ApeChain community can thrive. Through its diverse game offerings and robust revenue model, ApeMania is poised to become a cornerstone of the Web3 gaming and staking landscape.

BENEFIT TO APECOIN ECOSYSTEM

ApeMania will benefit the ApeCoin ecosystem in several ways:

1. Increased Utility for ApeCoin:

• ApeMania introduces new ways for APE holders to utilize their tokens beyond traditional trading or holding. By participating in games, lotteries, and staking pools, users engage more actively with the token, driving demand and circulation.

2. Strengthened Community Engagement:

• Engaging Gameplay: By offering a suite of fun, interactive games, ApeMania fosters a more vibrant and engaged ApeCoin community. The platform’s unique games, such as Ape4D, Dice Streak, and Bingo, offer daily and weekly participation opportunities, keeping users consistently active within the ecosystem.
• Loyalty and Retention: The potential for winning substantial prizes and earning yields can encourage long-term retention of APE within the ecosystem, as users are incentivized to hold and stake their tokens.

3. Ecosystem Growth:

• Ecosystem Expansion: ApeMania’s future plans to support other yield-generating cryptocurrencies and collaborate on custom staking games can attract new users and projects to the ApeChain ecosystem, broadening its reach and influence.
• Giving back: Contribute 10% of the platform’s gross revenue to ApeCoin DAO to further support the development of the ecosystem.

4. Synergistic Growth with ApeChain:

• Network Effect: As ApeMania contributes to the utility and appeal of ApeCoin, it also strengthens the broader ApeChain ecosystem. The platform’s success can inspire the development of additional projects and dApps on ApeChain, fostering a thriving, interconnected network.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $250,000

Two tranches of funding have been requested: $100,000 upon approval, $100,000 after 3 months, and $50,000 after 6 months.

Budget Summary:

• Infrastructure and Development: $80,000

  • Infrastructure - $10,000
  • UI/UX design - $10,000
  • Smart contracts, dApp development - $60,000

• Marketing and Community: $60,000

  • Marketing campaigns - $15,000
  • Community giveaway: $15,000
  • Events and Meetup - $15,000
  • Influencer partnerships - $10,000
  • PR and media - $5,000

• Security and Audits: $50,000

• Launch and Rollout: $60,000

  • Official launch/Welcome bonus - $10,000
  • Promotional events - $15,000
  • Initial operational costs - $35,000

This funding will cover the first year of development and operations, after which the platform is expected to be self-sustaining through game fees and yield generation.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-511-apemania-the-rewarding-playground-for-the-apes-and-apecoin-ecosystem/25429)

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

We aim to materialize IPs and provide community members the opportunity to own their 3D models for free. We would also like to provide income for APE community members by offering booths for 3D IP model display and sale (confirmed 1 place in Taiwan called ‘RUH CAFE;’ will find one more spot to sell and display), with all net profits going back to the APE community members. Apecoin exclusively will be used for transactions throughout the process.

We will print 3D models (tentative dimensions - Height:12-30CM, Weight:150-400G) for APE community members, such as KODA, BAYC, MAYC, Mocaverse, etc. For IPs without 3D modeling, we will provide 3D modeling diagram for up to 100 NFTs. For those with 3D models, we will print it for members directly. Each KODA, BAYC, MAYC, and Mocaverse holder can print their model once and choose to sell or keep it. Holders would be expected to provide their address, postal code and phone number for shipping, and those interested in printing a second NFT model would need to queue up again to print. Each model will have the “Powered by Apecoin” logo

BENEFIT TO APECOIN ECOSYSTEM

1. Providing Income for APE Community Members:

• We will offer 3D printing opportunities for KODA, BAYC, MAYC, and Mocaverse. Members can choose to sell or display their models at the 3D IP model booths. Pricing will be determined by the IP holders, and all net profits will go to the APE community members. For holder sales, the display store will submit the report every week; we will post it in our Twitter and everyone can watch it. Also,we will use the official Twitter to contact and send back the income to them within 1 month. All revenues received will be returned to the holders.

2. Maximizing Brand Exposure:

• Each 3D model will feature the “Powered by Apecoin” logo, increasing community cohesion and enhancing meaningful engagement and value.

3. Utilizing Apecoin in Transactions for Real-World Utility:

• Apecoin will be used for transactions at the 3D IP model booths, encouraging its circulation and usage.

4. Synergy Between Digital and Physical Presence:

• The combination of online promotion and physical model presence will amplify impact, attract visitors and media attention, and extend global reach.

OVERALL COST

Total Amount Requested from the Apecoin Ecosystem Fund: $248,000 USD.

3D Printing Machines: $70,000 USD

3D Modelling Fees: $40,000 USD (Covers the cost of 30 3D models to assist IP without existing 3D models.)

3D Printing Material Cost: $50,000 USD (Offer 13 months of printing service for all APE community members including KODA,BAYC,Mocaverse)

Project Manager Expense, 1 year contract: $40,000 USD

• Manage the Social Media
• Make the report
• Collaborate with the 3D service and 3D display team
• Handle the booking everyday
• Record inquiries and issues, and track their resolution

3D IP Model Display and Sale Booths: $48,000 USD (1 year of model display and sale booth operations,with all net profits going to IP holders)

FUNDING TRANCHES Q4 2024: $160,000 Q1 2025: $48,000 Q2 2025: $40,000

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-514-3d-printing-and-reward-for-ape/24317)

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

We propose organizing an official attempt to set the Guinness World Record for the largest Gin & Tonic during NFT Paris 2025 in Paris. This event aims to engage the ApeCoin DAO community, foster creativity and collaboration, and increase media presence for ApeCoin and the upcoming ApeChain. The project will also help promote the ApeCoin ecosystem, creating a platform for connecting with a broad audience interested in NFTs, blockchain, and modern technologies, with the support of ApeCoinDAO, BAYC, MAYC, YugaLabs, and Mocavers community members.

BENEFIT TO APECOIN ECOSYSTEM

1. Strengthening ApeCoin and ApeChain Brand Awareness : The Guinness World Record event will capture significant media attention, amplifying the visibility of both ApeCoin and ApeChain . Through a comprehensive social media promotional campaign, this project will enhance the positive image of ApeCoin and its connection to the broader cryptocurrency ecosystem.
2. Supporting Community Engagement : This project is designed to foster stronger relationships within the ApeCoin community, promoting collaboration and creativity. Initiatives like the 10k $APE Giveaway will serve as a catalyst for community engagement and increased participation among community members.
3. Utilizing the Guinness Brand : Aligning the event with the globally recognized Guinness brand and using their logo will elevate the prestige of the project. This association will draw global attention, and the experienced Guinness team’s support in organizing the event will further enhance our project’s promotional impact.
4. **Long-Term Promotion through GinApe : **Every bottle of GinApe will feature the “Powered by ApeCoin” logo, providing 12 months of ongoing promotion for the ApeCoin brand on products sold worldwide. Additionally, 20% of gross revenue will be contributed to the ApeCoin DAO Treasury , providing tangible financial benefits to the DAO and its members.
5. Mystery Box and Giveaway : These elements are key components of our promotional strategy. Both the **Mystery Box **and 10k $APE Giveaway are designed to boost community engagement and generate media buzz around the event and the ApeCoin brand.
6. Cost Efficiency : It’s important to highlight that the cost of the gin and tonic itself accounts for only about 7% of the project’s total budget, with the majority of the investment focused on logistics, promotion, and event organization rather than the product itself.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund: $204,850 + 10,000 ApeCoin.

Four funding tranches have been requested:


• Upon approval: $69,550

• Start of Phase 2: $90,650

• Start of Phase 3: $39,650

• Start of Phase 4: $5,000 + 10,000 APE

Budget Overview: Total amount requested from the ApeCoin Ecosystem Fund: $204,850 + 10,000 ApeCoin.

EXPECTATIONS OF THE APE FOUNDATION:

1. Planning and Preparation Phase:

• The ApeCoin Foundation will not be involved in acquiring legal permits, as these will be handled independently by the project team.

2. Promotion and Marketing Phase:

• We request the Ape Foundation’s assistance in promoting the event on official ApeCoin channels to enhance community reach and engagement. Collaboration with media partners and influencers is also part of our marketing efforts.

3. Event Execution Phase:

• We request an Ape Foundation representative to attend the event to provide on-site support and coordination. Their presence will help monitor the event’s progress and ensure compliance with the plan and safety standards. This is optional.

4. Summary and Reporting Phase:

• We ask for guidance and assistance in distributing the final report and gathering participant feedback. The Ape Foundation can also support us in analyzing results and drawing lessons for the future. This is optional.

SALES AND ROI: Product Line:

• Commemorative Bottles : A limited edition of bottles containing exclusive gin, produced specifically for our event, with the ApeCoin logo and Guinness World Record logo, each with embedded Holo NFT.

Revenue Distribution:

• 20% of gross revenue from the sale of the limited-edition bottles and every GinApe bottels over the next year will be directed to the ApeCoin DAO Treasury. This will help fund DAO initiatives and support its long-term growth.

LIMITED EDITION STRATEGY: We will limit the production of exclusive commemorative bottles to maintain exclusivity and enhance their appeal.

GIVEAWAY: Goal : To increase community engagement, which will translate into media publicity and enhance the reach of ApeCoin and ApeChain.

Prize Pool: Total prize pool for the giveaway: **10,000 ApeCoin **(for 23 lucky winners).

Total project cost: $204,850 + 10,000 ApeCoin.

Join us on this exciting adventure and help us set a new Guinness World Record. Together, we will show the world the strength and unity when we come together, while also strengthening and promoting the ApeCoin DAO community! The funds received will be used to cover event costs and bring no material gain to the organizing team. Here is the updated version in English, with the requested changes regarding the timing of the tranche payments:

******Updated Funding Tranches and Budget Timeline ******

Phase 1: Planning and Preparation (November 2024 – January 2025) KPI:

• 100% legal consultations completed before the end of the phase
• Full collaboration with Guinness World Records, with fees paid 100% by the end of the phase
• Action plan approved by the project team (100%)
• Order and begin production of the Guinness World Record container

Tranche amount: $69,550 (first tranche)
Payment date: Immediately after successful approval of the AIP by the community on SnapChat Tasks:

• Action plan approval, legal consultations, and obtaining permits and licenses.
• Preparing logistical and technical infrastructure.
• Contract with Guinness World Records and fee payment.
• Order documentation for the container.

Phase 2: Promotion and Media Campaign (December 2024 – February 2025)

KPI:

• Promotional campaign reaches 1.5 million views across all platforms (X, YouTube, TikTok, Telegram)
• 200,000 - 250,000 social media interactions
• 15-20 influencers engaged in promoting the event
• Production of limited-edition bottles completed on time (100%)
• Full readiness of the mobile filling station

Tranche amount: $90,650 (second tranche)
Payment date: Beginning of December 2024
 Tasks:

• Launch social media promotional campaign, collaborate with influencers.
• Order Smart Contract and produce Holo NFT, Mystery Box.
• Organize the $10,000 APE giveaway.

Phase 3: Event Execution (February 2025, NFT Paris)

KPI:

• Number of attendees between 300-500 people
• 90% positive feedback from participants
• Successful Guinness World Record attempt for the largest gin & tonic
• Full logistical readiness (100% compliance with transport and setup schedule)

Tranche amount: $39,650 (third tranche)
Payment date: Beginning of February 2025 Tasks:

• Guinness World Record attempt, complete event documentation.
• Filling and transport to Hanover warehouse.

Phase 4: Summary and Reporting (March 2025)

KPI:

• A minimum of 300 feedbacks collected from participants
• Final report completed and presented to the DAO community on time (100%)
• ApeCoin giveaway completed according to plan (100%)

Tranche amount: $5,000 + 10,000 APE (fourth tranche)
Payment date: Beginning of March 2025 Tasks:

• Prepare Mystery Boxes for shipping.
• Giveaway 10,000 APE.
• Collect feedback, prepare event report, and transfer a portion of the revenues to ApeCoinDAO.

Project Budget

Total project cost: $204,850 + 10,000 APE

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-495-organization-of-the-guinness-world-record-attempt-for-the-largest-gin-tonic-during-nft-paris-2025/25000)

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

Our proposal seeks funding to kick-start the Apechain-powered British luxury tea and coffee IP brand.

Bored British Tea aims to captivate new Web3 enthusiasts by creating awareness through the simple pleasure of a cup of tea and coffee.

Our strategy involves building brand presence by visiting UK universities, libraries, and Web3 summits to offer complimentary cups of tea and coffee while engaging in conversations about Web3 and our Apecoin-powered products.

BENEFIT TO APECOIN ECOSYSTEM

We’re excited to offer our wonderful products at a discounted rate when you use $Apecoin for your purchase.

Our goal is to contribute to the Apecoin ecosystem by selling our products on $ Apecoin-enabled platforms like Shopify and providing discounts and value-added benefits to Apecoin holders.

Additionally, we’ll be accepting Apecoin as a form of cryptocurrency payment on our website. We’re looking forward to enhancing Apecoin DAO IP assets with these initiatives.

Tea or Coffee, a hug in a mug. We believe that sharing a drink is more than just an act - it’s an experience. That’s why we plan to take our products to various locations, conducting and participating in workshops at universities, libraries, and Web3 summits in the UK and Europe. Our goal is to educate tea and coffee enthusiasts about $APE while making it our primary crypto payment option.

We aim to sponsor events and promote BoredBritishTea products and the Apecoin brand within relevant crypto/NFT communities, creating awareness through effective marketing strategies.

Additionally, ApeCoin Holders would benefit from a minimum of 10% percent discount on product purchases when paying with ApeCoin.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $25,025

A lump sum payment has been requested.

To initiate this project with full force, we are seeking funding for the production costs of 30,000 tea bags in 5 varieties: white tea, green tea, black tea, Oolong tea, pu-erh tea, and traditional ground coffee.

The breakdown cost would be;

Production Cost:

Tea

$10,000 for 5 varieties of teabags at production costs of $0.33 a teabag for (30,000 teabags).

Luxury Boxes: 40 tea bags total, 8 packs of each tea variety - $20/box.

Individual Packs - 8 teabags total, 5 varieties to choose from - $5/pack

Coffee

$12,000 for 3000 packs of 250g Ground traditional coffee at production costs of $4 a pack.

Each traditional package pack will be retailed for $10 a pack.

Luxury premium packaging production cost;

750 - Luxury paper rectangular tea boxes @ $0.30 each ($225 total cost)

3000 - Luxury paper cylinder ground coffee boxes @0.30 each ($900 total cost).

Sales and promotion materials for workshops and events. (Booth signage, banners, stickers and T-shirts) costs: $500

Logistics and shipping cost: $400

Custom duties, Storage and miscellaneous costs: $1000

Total production costs breakdown: $ 25,025

The anticipated amount to be realised from coffee sales is $30,000

The Anticipated amount to be realised from tea sales is $15,000 - $18,750

Total amount to be realised from sales: $45,000 - $48,750.

Anticipated profit $15,000 (-$25,000 production cost, -$8,750 Apecoin holder discounts and promotional giveaways).

Total amount requested from the ApeCoin Ecosystem Fund = $25,025

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-530-tea-with-apes-brought-to-you-by-bored-british-tea-and-powered-by-apecoin/254561)

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

This AIP proposes to change the current ApeCoin logo from the ape skull to the new gorilla logo. This rebranding initiative aims to refresh the ApeCoin identity, aligning it with the evolving vision and values of the ApeCoin ecosystem while also enhancing its visual appeal and recognition within the broader crypto community. This AIP also aims to make a more clear distinction between the BAYC community and the DAO community. With the launch of ApeChain, the DAO now has its north star and I believe it is important for it to have its own unique brand/ identity. Updating the logo achieves that objective while also signaling that both the DAO and ApeChain is the place to ape for all, and not just BAYC.

BENEFIT TO APECOIN ECOSYSTEM

1. Unique Branding that fits the culture of the DAO and ApeChain and is more clearly differentiated from BAYC.

2. Enhanced Recognition comes from the unique branding across the wider crypto ecosystem and world.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $0.

Upon approval, The Foundation would be expected to update the logo across all ApeCoin platforms, including the website, social media, marketing materials and any third parties showcasing the token, and make an official announcement regarding the logo change to the community and stakeholders.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-555-rebranding-apecoin-transition-from-ape-skull-to-new-gorilla-logo/26726/1)

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.

PROPOSAL DESCRIPTION

The goal of this AIP is to have an ApeCoin DAO (ApeCoin and ApeChain) presence at NFT Paris, the largest web3 event worldwide with 18,000 visitors. The 4th edition will take place on February 13th-14th 2025 and is particularly strong on Art, Brands (both web2 and web3) and Gaming (sponsored by Yuga, Ubisoft, Animoca Brands in 2024). The conference is also expanding with a new venue 50% bigger, increasing the capacity to host more than 20,000 attendees and 3 additional events: RWA Paris (Finance), Ordinals Paris, XYZ Paris (AI, Depin).

A 6x6m main booth close to the entrance with high traffic will be focused on showcasing ApeChain and ApeCoin. It will be conceptualized and shared with the community for feedback.

An island of 8 1x1m booths next to the main booth will feature creators from the ApeCoin Creators Assembly and initiatives from the ApeCoin Working Groups. Depending on the number of creators interested it would either be the same 8 creators for 2 days or 16 creators in total, 8 per day (see Package section for details).

Alongside the booths, a special 10 minutes keynote and a 30 minutes panel will be organized on the Main Stagel. Speakers and content will be curated and shared with the community closer to the event. The sponsoring will also include tickets and a VIP cocktail reception at the venue.

PACKAGE

• 1 large 6Mx6M booth positioned at the entrance. Personalization of the background & the desk included.

• 8 1x1m start-up booth for the Creators Assembly positioned at the entrance next to the main booth with custom branding.

• A 10 minutes keynote on the main stage*

• A 30 minutes panel (with up to 5 speakers) on the main stage*

• VIP Cocktail: Privatization of a balcony in the main event between 6pm-9pm on the 13th or 14th for a special cocktail including drinks and food.

• Tickets: 10 VIP tickets and 20 General admission tickets (base offer, this can be negotiated, the tickets will be distributed in priority to speakers and creators presenting at the ApeCoin Creators assembly booth.

• Goodies to be distributed at the booth with ApeCoin/ApeChain branding.

• 40% discount on General Attendee tickets for ApeCoin holders (1 $APE minimum) Custom merch and goodies for the booth Print materials and digital content to display *Speakers to be determined closer to the event.

BENEFIT TO APECOIN ECOSYSTEM

• Increasing ApeCoin’s visibility at a major event
• Increasing ApeChain’s visibility at a major event
• Directly engage with attendees and professionals
• Promote builders from the ApeCoin Creators Assembly

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $169,420 USD.

• NFT Paris package: $142,000 USD

Following costs are estimates and each allocation can be adjusted in the limit of the total amount requested.

• Merchandising and goodies: $10,000 USD
• ApeCoin Treasure Hunt: $6,000 USD
• Misc: including booth host, customization cost etc.: $11,420 USD

This AIP also request the use of the ApeCoin/ApeChain/ApeKin branding for goodies and booth design purpose.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-496-apecoin-dao-at-nft-paris-2025/24950)

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.

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

Bored Arcade is set to redefine the gaming experience with a degen twist! The BAYC/YUGA-themed arcade will be exclusively native to ApeChain and powered by $APE coin. Our mission? To craft addictively fun games that are straightforward yet compelling—like the beloved “Dookie Dash.” We get it: The everyday non gamer as well as Web3 aficionados crave games that are both easy to grasp and a blast to play, and most importantly you can win a ton of dope stuff!

At launch, players will dive into mini-games designed for everyone from casual dabblers to enthusiasts. You’ll use $APE coin to snag $INSERT tokens, which are your ticket to gameplay. Like those old-school arcades, you’ll collect raffle tickets to score insane prizes. Our simple-to-play, yet addictive games are sure to draw a diverse crowd of gamers, memecoin degens, and even everyday apes.

Bored Arcade isn’t just fun and games; it showcases cutting-edge blockchain gaming tech, spotlighting ApeChain’s potential. This could spark further developer interest and investment in the platform. And with community engagement at its core, our chase-based prize draws, and engaging gaming will foster a dynamic community within the Ape Chain ecosystem.

With raffles and prizes, players will be rewarded daily and weekly. Prize pools will consist of $APE coin contributions and other assets, with 70% going to the winner and 30% allocated back to the platform for buy-backs, airdrops, and a portion of the proceeds going back to the APE Coin DAO.

We’re ramping up perks for BAYC holders too. They can bring their PFP avatars into the games, scoring 1.5x more $INSERT tokens and boosting their chances at raffle winnings.

Bored Arcade’s in-app wallet simplifies account creation and user management. This feature integrates an EVM wallet function for depositing $APE coin, exchanging it for $INSERT token, managing raffle tickets & prizes, and authorizing micropayments for in-game items while playing the games anywhere you want with your mobile. We understand the best tool is the one in your pocket so expect Bored Arcade on Apple App Store and Google Play Store.

Last but not least our Mini-game Generation Engine, Bored Arcade will establish an innovative game generation engine, equipped with a set of versatile templates designed to streamline the creation of minigames targeted but not exclusively to meme coin projects

These templates enable the rapid development and deployment of new games, significantly enhancing our ability to deliver products regularly, to expand the Bored Arcade platform, and the ApeChain ecosystem.

Welcome to Bored Arcade, where we play hard and degen harder!

BENEFIT TO APECOIN ECOSYSTEM

Bored Arcade is giving back 10% of gross revenue to the ApeCoin DAO treasury, expected to begin about three months after the initial launch.

1. Increased Utility for $APE Coin: Bored Arcade uses $APE coin as the primary currency for gaming transactions, enhancing its utility and circulation within the ecosystem.
2. Community Engagement and Growth: The platform’s engaging, chase-based prize draws and addictive games are designed to foster a vibrant community within the ApeChain ecosystem and beyond, increasing user engagement and retention.
3. Showcasing Blockchain Capabilities: Bored Arcade showcases the innovative possibilities of blockchain-based gaming on ApeChain, potentially attracting further interest and investment in the technology.
4. Incentive Mechanisms: The distribution of raffle prizes and the special benefits for BAYC holders (like increased $INSERT tokens) create attractive incentive mechanisms that can drive participation and investment in the ecosystem.
5. Diverse Audience Reach: By targeting not only expert gamers but also crypto enthusiasts, memecoin degens, and casual mobile users, Bored Arcade can significantly broaden the user base of the ApeChain ecosystem.
6. Minigame Generation: The platform’s sophisticated capabilities allow for accelerated game development, providing value that can be used to optimize the ApeChain experience and drive further ecosystem growth.

These benefits strengthen the ApeCoin/ApeChain ecosystem, making it more attractive to users, projects, and investors.

LIST OF FEATURES:

1. Yuga/BAYC-themed arcade games
2. $APE coin integration
3. Daily/weekly raffles and prizes
4. BAYC PFP avatar integration
5. In-app digital wallet system
6. X/Twitter login integration
7. EVM wallet functionality
8. Micropayment authorization for in-game items
9. Available on mobile iOS and Android
10. Reward tracking system
11. Accelerated game generation
12. Ready-to-go game templates

PLATFORMS & TECHNOLOGIES:

Key Components:

• Mini-Game Catalog
• Prize Distribution System
• Wallet and Payment System
• Community Management
• Mini-Game Generation Engine

These core elements are designed to turbocharge the ApeChain ecosystem and the utility of $APE coin.

Dive into our expansive BAYC/YUGA-themed mini-game catalog, tailored for every type of player—from the casual to the experienced. Coupled with our enticing prize distribution system, gamers will be motivated to log in daily and eager to play and win.

Our seamless wallet and payment system is crafted to effortlessly onboard gamers. With this system, players can smoothly navigate the platform, effortlessly buying $INSERT tokens with $APE coin, managing their raffle tickets, and exchanging assets, all on iOS and Android. To further enrich the player experience, we’re incorporating a community tab to foster discussions on game strategies, raffle tactics, and other related chatter.

Last but not least our mini-game generation tools will help foster a new kind of degen that will come to ApeChain to receive a template game of their choice or a custom-built game using $APE coin. We want to bring fun, addictive, degen-like, mini-games to the masses and feel that ApeChain is the best place to do so.

Bored Arcade is not just ready—we’re thrilled to support the ecosystem by crafting degen games for the ApeChain native platform. Let’s game on!

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 800,000 APE

3rd Quarter 2024 Budget - 200,000 APE

• 3 - 4 mini-games live at launch
• Accelerated Mini-Game Development

4th Quarter 2024 Budget - 350,000 APE

• Launch Raffle system & Wallet system
• 3 additional Bored Arcade mini-games
• Catalog system launch

1st Quarter 2025 Budget - 150,000 APE

• Launch Community system integration
• Bored Arcade Listing
• Additional 5 mini-game templates launched
• Additional mini-game engine development

Marketing Budget - 100,000 APE

• Contests
• Giveaways (SAF spaces, raffles)
• Quests
• Video content
• IRL marketing
• Ads online (explorers, scanners, tg bots, etc)
• KOL campaign
• Gorilla marketing
• Apple App Store and Google Play store marketing

Use of Funds:

• Initial Mini-Games Launched

  • Description: Bored Arcade will launch with 3 - 4 mini-games to ensure instant use of APE.
  • Budget Allocation: 100,000 APE
  • Timeline: 3 - 4 weeks (Q3 2024)
  • Details: 3 - 4 unique mini-games that accept APE coin, collecting airdrop points for the raffle system.

• Accelerated Mini-Game Development

  • Description: Bored Arcade will develop tools and templates to seamlessly develop and deploy fun, addictive, degen mini-games for any project (ei. Memecoins, other chains, dapps, etc)
  • Budget Allocation: 100,000 APE
  • Timeline: 8-9 weeks (Q3 2024)
  • Details: Our mini-game engine application will help foster a new crypto enthusiast community in the APE chain ecosystem.

• Launch Raffle & Wallet System

  • Description: With the Bored Arcade in-app wallet users will be able to hold their $APE, $INSERT, Raffles, and prizes.
  • Budget Allocation: 125,000 APE
  • Timeline: 4 weeks (Q4 2024)
  • Details: The raffle system was created to incentivize users in our chase-based winning system with things like NFTs, Yuga assets, APE coin, and much more. Bored Arcade will take 30% of the prize pools, a percentage of which will be used to give back to the DAO, some for Airdrops, and the rest for buybacks.

• 3 Additional Bored Arcade Mini-Games

  • Description: Launching new innovative games to continue the excitement and growth of the Bored Arcade/ApeChain ecosystem.
  • Budget Allocation: 100,000 APE
  • Timeline: 3 - 4 weeks (Q4 2024)
  • Details: With new innovative games always being released, users will be excited and eager to play these addictive games to keep earning and winning more rewards

• Catalog System

  • Description: The Catalog System will make it easy for users to view and play the native games of Bored Arcade
  • Budget Allocation: 125,000 APE
  • Timeline: 3 - 4 weeks (Q4 2024)
  • Details: A system feature that enables the platform to add or remove minigames. It offers categorization of games making it easier for users to navigate our platform.

• Community System Integration

  • Description: Chat rooms are an essential part of Bored Arcade, where users can discuss games, build strategies, raffle prizes, and other related topics.
  • Budget Allocation: 40,000 APE
  • Timeline: 2 - 3 weeks (Q1 2025)
  • Details: Effective community management can significantly enhance user engagement, loyalty, and platform growth.

• Listing Services

  • Description: Any project that may want to showcase its game can pay a fee in APE to have a game listed on our front page. This helps bring awareness to the projects utilizing our game development service.
  • Budget Allocation: 20,000 APE
  • Timeline: 3 - 4 weeks (Q1 2025)
  • Details: This will elevate games and bring community visibility to APE Chain.

• 5 Additional Mini-Game Templates

  • Description: Bored Arcade can easily and securely have games ready within days to weeks with ready-to-go and ready-to-build templates.
  • Budget Allocation: 30,000 APE
  • Timeline: 3 - 4 weeks (Q1 2025)
  • Details: Continue to add more addictive mini-games to our catalog of mini-games.

• Additional Mini-Game Engine Development

  • Description: We will continue to upgrade and update our systems, a key feature in the Bored Arcade ecosystem.
  • Budget Allocation: 60,000 APE
  • Timeline: 3 - 4 weeks (Q1 2025)
  • Details: A key component and feature of our platform that we will continue to update with new innovative features and games.

Funds acquired from the DAO will be used for development purposes only. Bored Arcade will provide funds for the liquidity of $INSERT token, once $INSERT token goes live.

We are poised to position Bored Arcade as a catalyst in forging a dynamic degen gaming ecosystem, set to scale and enhance ApeChain from day one. Utilizing our influence as KOLs and well-known entities in this space, we can attract a substantial user base to the platform. The initial start of the chain is pivotal, with user acquisition as our primary focus.

Thank you for taking the time to read through our proposal, see you at the Bored Arcade!

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-483-bored-arcade-the-ultimate-degen-arcade-mini-game-creation-factory/24563)

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

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.

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.

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

ApeLance is set to transform the freelance landscape by offering a secure, transparent, and efficient platform powered by blockchain technology. By ensuring instant payments, confidentiality, and a robust verification system, ApeLance provides a reliable and innovative solution for freelancers and clients worldwide.

The Problem: Traditional freelance platforms often charge high service fees (up to 40%) and can delay payments for several days or even weeks. Freelancers and clients alike face issues with trust and transparency, as the terms of service and payment processes are controlled by centralized entities. In some regions, payments cannot be received, and transfers do not go through. With Web 3.0, we aim to ensure equal rights and opportunities for everyone across the globe.

ApeLance Competitive Advantages

⭐ ApeLance: The Solution ApeLance leverages smart contracts on ApeChain to automate and secure payment processes. Payments in ApeCoin are instant and transparent, significantly reducing the risk of non-payment or delayed payment. Smart contracts hold funds in escrow and release them upon the completion of predefined milestones, ensuring that both parties fulfill their obligations. Payment delays can disrupt the cash flow for freelancers. By utilizing ApeCoin and smart contracts, ApeLance ensures immediate and secure payments upon task completion, providing financial stability for freelancers.

⭐ Easy Account Creation Creating an account on our platform is simple and does not require any personal information. Users can register using their wallet address created on ApeChain or their MOCA ID. This approach ensures that the personal information of both contractors and clients remains confidential, while also enhancing the platform’s usability regardless of the user’s location or background. ApeLance aims to eliminate these biases and create an equal opportunity environment for all users.

⭐ Bid Bidding allows freelancers to offer their services at competitive rates, ensuring clients receive the best value for their projects. By creating a competitive environment, clients can choose from a range of bids that suit their budget and quality expectations.

⭐ NFT Verification and Badge System The NFT Verification and Badge System is a key feature of ApeLance that allows users to verify their NFTs and receive a badge on their profile. This badge serves as a mark of authenticity and credibility within the ApeLance marketplace. Verified NFT badges provide clients and freelancers with an added layer of trust, knowing they are dealing with genuine members of the NFT community. NFT users can easily find and connect with others who share similar NFTs, fostering a sense of community within the marketplace.

⭐ Conclusion ApeLance is set to transform the freelance landscape by offering a secure, transparent, and efficient platform powered by blockchain technology. By ensuring instant payments, confidentiality, and a robust verification system, ApeLance provides a reliable and innovative solution for freelancers and clients worldwide.

Freelancer: An individual who offers their services on a project-by-project basis, often working independently and remotely.
Client: An individual or entity that hires freelancers to complete specific projects or tasks.

🌍 Facts about Freelancing Worldwide

▶ Statistics

Growth: The freelance workforce is growing rapidly, with an estimated 59 million freelancers in the United States alone, contributing $1.2 trillion to the economy. Freelancing is a global phenomenon, with freelancers from around the world offering their services to clients across borders.

Flexibility: One of the main reasons people choose freelancing is the flexibility it offers in terms of work hours, location, and choice of projects. Freelancing allows individuals to have more control over their work-life balance, leading to higher job satisfaction and overall well-being.

Cost-Effectiveness: For companies, hiring freelancers can be more cost-effective than hiring full-time employees, as they only pay for the work done

Speed and Efficiency: Freelancers can often complete projects more quickly and efficiently than traditional employees, as they are highly motivated to deliver quality work. Freelancers bring fresh perspectives and ideas to projects, contributing to innovation within companies.

🪙 Freelance Industry Financial Statistics:

▶ Statistics

Revenue Growth: The global freelance market was valued at $1.5 trillion in 2020 and is projected to reach $2.7 trillion by 2028, with a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028.

Regional Revenue Distribution: North America accounted for the largest share of the freelance market revenue in 2020, followed by Europe and Asia-Pacific.

Sector Contribution: The technology sector is the largest contributor to freelance revenue, followed by design and creative services, and administrative support.

Freelance Platform Revenue: Online freelance platforms generated $5 billion in revenue in 2020, a significant increase from previous years, driven by the shift to remote work and the gig economy.

Our goal is to create a blockchain-based P2P freelance platform to capture 0.1% of this rapidly growing market. Unpredictable events such as the COVID-19 pandemic and subsequent isolation have demonstrated that people’s lives are not fixed. The next generation dreams of working on diverse projects from anywhere in the world rather than settling in one place.

BENEFIT TO APECOIN ECOSYSTEM

Increased Utility for ApeCoin

Payment Medium: Using ApeCoin as the primary currency on ApeLance will increase its demand. Freelancers will receive payments in ApeCoin, encouraging them to hold, use, or trade it within the ecosystem. ApeLance will facilitate numerous transactions daily, boosting the transaction volume and liquidity for ApeCoin._

New User Acquisition: By targeting freelancers and clients globally, ApeLance will attract new users to the ApeCoin ecosystem, including those who have not previously engaged with crypto. ApeLance will encourage active participation from the ApeCoin community, including developers, designers, marketers, and other freelancers, fostering a vibrant and collaborative environment. The platform will help businesses find skilled freelancers quickly and efficiently, driving economic activity within the ApeCoin ecosystem._

NFT Verification: The NFT verification feature will incentivize NFT holders to use and hold ApeCoin, increasing engagement within the ApeCoin ecosystem._

Long-Term Viability: The decentralized and transparent nature of ApeLance ensures its sustainability without reliance on a central authority, aligning with the principles of decentralization and self-sovereignty central to the ApeCoin community._

The 0.1% of the market we are targeting amounts to $500 million, representing the total sales between employers and employees. We will generate revenue by taking a commission from these transactions.

According to our estimates, payments for jobs can be made using all types of coins available on ApeChain, with the commission structure as follows:

• 0.5% marketplace fee will be charged if paying and receiving payments using ApeCoin.

• 1% fee will be charged if payment is made in other coins.

The 0.5% (ApeCoin) and 1% (other coins) fees would only be collected from the client, ensuring that freelancers receive the full payment for their work. This approach aligns with our goal to attract and retain top talent by maximizing their earnings.

Aside from the marketplace fee, the core features of Apelance will be free to use. However, we plan to introduce premium features in the future, such as enhanced profile visibility, advanced project management tools, and access to exclusive job postings. The costs for these premium features are still being finalized and will be competitive with market standards.

Tipping will also be a feature offered by Apelance. We recognize the importance of allowing clients to show appreciation for exceptional work beyond the agreed-upon payment. Apelance will take a small percentage of the tips provided, set at 1%. This rate is designed to cover the administrative costs while ensuring the majority of the tip goes to the freelancer.

We plan to spend 20% of commissions rewarding our most active users and 10% to support initiatives of ApeCoin DAO. Our goal for the next five years is to attract 0.1% of the market, which is estimated $2.5 million. The 20% of commissions allocated for rewarding our most active users will be distributed based on a point system. Points will be awarded for activities such as completing projects, receiving high ratings, and contributing to community discussions. These points can be redeemed for ApeCoin or used to access premium features. The 10% allocated to support ApeCoin DAO initiatives will be used to fund projects and events that align with the DAO’s goals, such as educational programs, community meetups, and development grants. Detailed criteria and application processes for these funds will be developed in collaboration with the DAO.

We understand the importance of security, especially when dealing with token holders’ wallets. We have plans to conduct comprehensive security audits with reputable firms before the platform goes live. Although the auditing process has not yet begun, we will provide proof of these audits once they are completed.

Additionally, users will receive a Job NFT Badge, and job ads and information for NFT-certified users within the Yuga Labs ecosystem will appear at the top of listings. Similarly, Mocaverse NFTs will also rank high.

The appearance order for listings will be:

1. BAYC
2. MOCA
3. MAYC
4. Other ecosystem NFTs

This ranking system will provide advantages to these NFT users, ensuring they reach potential clients faster. Organizations interested in multitasking can also include NFT sales to leverage these benefits.

Regarding the use of ApeCoin trademarks, we do not expect to maintain full ownership rights to the content or IP created as a result of the approval of our proposal. We anticipate that any content produced will be owned by the ApeCoin DAO, aligning with the principles of decentralization and community ownership.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $277,000

Technical Development:

• Smart Contract Development: $10,000

  • Developing the smart contracts that will power the decentralized freelance marketplace, ensuring security and functionality.

• Integration with ApeChain: $20,000

  • Integrating the platform with the ApeChain blockchain, including wallet integration and transaction processing.

• Security Audits: $20,000

  • Conducting comprehensive security audits to identify and fix vulnerabilities in the smart contracts and platform.

• Blockchain Node Setup and Maintenance: $25,000

  • Setting up and maintaining the necessary blockchain nodes to support the platform’s operations.

User Interface Design

• UX/UI Design: $5,000

  • Designing the user interface for the platform, focusing on user experience and ease of use.

• Front-End Development: $25,000

  • Developing the front-end of the platform, including responsive design for different devices.

• Testing and Iteration: $15,000

  • Conducting user testing and iterating on the design based on feedback to ensure a seamless user experience.

Deployment and Launch

• Deployment Costs: $10,000

  • Deploying the platform on the ApeChain mainnet, including final testing and optimization.

• Launch Marketing: $30,000

  • Marketing activities to promote the platform launch, including social media campaigns, influencer partnerships, and press releases.

Monitoring and Maintenance (1 year)

• Ongoing Maintenance: $60,000 ($5,000 per month)
  • Continuous monitoring and maintenance of the platform to ensure stability, performance, and security. This includes server costs, bug fixes, and updates.

Additional Features and Enhancements

• Bidding System Implementation: $10,000

  • Developing and integrating a bidding system for freelancers to propose their rates and timelines for projects.

• NFT Verification and Badge System: $15,000

  • Implementing a verification and badge system for NFT holders to authenticate their profiles and increase credibility.

• Payment Gateway Enhancements: $12,000

  • Enhancing the payment gateway to support various cryptocurrencies and ensure seamless transactions.

Miscellaneous Expenses

• Contingency Fund: $20,000
  • Allocated for unforeseen expenses and to cover any additional costs that may arise during the project.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-472-apelance-web3-freelance-marketplace-on-apechain/24602

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

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.

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.

PROPOSAL DESCRIPTION

This proposal suggests shortening and standardizing the voting cycle for Ape Improvement Proposals (AIPs) in the ApeCoin ecosystem. The proposed changes include reducing the voting period from 13 days back to 6 days and establishing a voting schedule that starts every Thursday at 1pm UTC (6am PST/9am EST/9pm HKT) and ends every Wednesday at 1pm UTC (6am PST/9am EST/9pm HKT). The assignment of AIP ID numbers would take place after proposals have been approved to move on to the Live voting stage, aiming to increase the value of each AIP ID # for accepted authors. Additionally, this proposal suggests making the mandatory 7-day AIP Idea phase optional for all authors, removing any period of time where proposals may be closed for community discussion, clarifying that critical community discussion and material updates to proposals are still expected to occur during all phases of the AIP process.

BENEFIT TO APECOIN ECOSYSTEM

The aim is to reduce friction in the AIP process and better accommodate the global nature of the DAO.

Streamlining the AIP Process would help to expedite community decision-making processes, enabling the community to react more quickly to changes in the ecosystem and decide on accepting new proposals. Establishing a fixed voting schedule rooted in Coordinated Universal Time (UTC) would enhance predictability and consistency, making it easier for community members to engage in the governance process. Preventing AIP Ideas from closing after the initial 7-day feedback window would allow the community to engage openly with the AIP author throughout the entire AIP process. Making the AIP Idea phase optional would provide flexibility for the ApeCoin DAO, while ensuring that critical community discussion can still take place during the Draft stage. Improving efficiency in the assignment of AIP ID numbers would help to preserve community resources, reduce risks to the ApeCoin brand, and increase the perceived value of AIP ID numbers.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 0

Instead, the proposal requests that the Ape Foundation would implement the proposed updates to the voting cycle as soon as possible.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-451-improving-voting-cycle-efficiency-and-shortening-the-aip-process/23632

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

Grant Ships: Accelerating ApeCoin Ecosystem Evolution aka “Ape Ships” is a proposed grants funding game specifically for ApeCoin DAO in support of ApeChain ecosystem development. The Grant Ships game is an “evolutionary grants meta-framework” that lets a DAO choose multiple teams of grant allocators (aka ‘Grant Ship Operators’) who compete to best allocate funds within a given domain.

This proposal is to fund 1 round of the Grant Ships game with the option to fund future rounds if the DAO likes the program. The Grant Ships platform provides a dynamic, transparent, onchain and community-driven funding initiative customized for the ApeCoin ecosystem to strategically fund sectors critical for the growth of ApeChain. This process will help ApeCoin DAO discover and empower the best allocators and the best projects aligned with their mission.

The Grant Ships game is at its heart a smart-contract-enforced governance system for grants programs. This means that the Grant Ships game has a clear ruleset and governance pathway where every in-game interaction is backed by an onchain transaction.

ApeCoin holders are involved at key junctures to ensure appropriate voter influence on outcomes without creating voter overwhelm or fatigue. DAO Voters influence funding direction primarily through Ship Operator and Game Facilitator elections and periodic TCR-gated Ship Operator portfolio reviews — the results of which determine relative Ship funding levels going forward.

Under the hood, Grant Ships uses Allo Protocol and Hats Protocol to provide reliable and flexible funding with revokable permissions — ensuring the DAO maintains control of the funds earmarked for grant allocation. All transactions and governance actions are recorded on-chain and presented publicly, fostering an environment of transparency, accountability and trust.

Additionally, the game can be played without the competitive aspect, serving as an open, transparent grant distribution protocol. Funding can be given to any group to distribute as grants using the app, ensuring all steps are open and available to DAO members.

Grant Ships: Accelerating ApeCoin’s Ecosystem Evolution aims to create a sustainable and scalable funding model that grows with ApeChain, supporting its development into a premier blockchain ecosystem.

BENEFIT TO APECOIN ECOSYSTEM

• Enhanced Community Governance:

  • Voter Engagement: One of the goals of Grant Ships is to identify skilled allocators and empower them with the necessary tools to make effective funding decisions. The DAO has the opportunity to elect individuals or teams they believe will excel in these roles. A DAO vote also determines relative Ship funding levels for subsequent rounds.
    • Candidates are encouraged to self-nominate and actively campaign for their preferred roles. The election process will be facilitated through on-chain multi-choice voting, leveraging ApeCoin. To accommodate this, the creation of an additional module may be required to enable ApeCoin’s integration into the voting mechanism. The positions available for election are Facilitators and Ship Operators. Additionally, these roles may be appointed directly by the DAO’s councils if deemed more suitable for the DAO’s needs.
  • Feedback: Every in-game action is recorded onchain and can be verified by any member of the DAO. This data provides the DAO with all the information needed to make informed decisions about how to run the game (e.g. ship funding and administrator elections).

• Targeted Ecosystem Growth:

  • Focused Funding Rounds: This proposal describes a funding round description that instructs Ship Operators and Grant Applicants to support the growth of ApeChain by funding and creating projects that fall the following categories:
    • Infrastructure - ApeChain tools, protocols, frameworks, etc.
    • DeFi - Financial platforms and initiatives
    • Gaming - onchain game loops, NFT collections, etc.
    • Other - the unexpected and creative
  • Adaptive Domain Allocation: The DAO retains the flexibility to adjust the focus of future funding rounds based on emerging strategic needs.
  • Community Driven: The Grant Ships framework allows every DAO member to influence funding decisions without frequent votes or the need to gain massive context before every voting.

• Competitive Excellence:

  • Performance-Based Funding: Our model incentivizes high performance among grant allocators by directly linking their funding to demonstrated impact of their grants. This meritocratic approach encourages each Ship to strive for excellence. The better the results they deliver relative to the other Ships, the more funding they receive. This encourages a continuous drive for improvement and innovation.
    • Grant allocators verify the completion of funding-related milestones through a multi-step process. Initially, projects outline their intended milestones as part of the application procedure. Game Facilitators then have the responsibility to assess and approve these milestones.
    • Once a grant is sanctioned and the project has successfully undergone KYC and consented to our compliance policy, they are required to submit detailed reports of their milestones through the App. The Ship Operator meticulously reviews these submissions to ascertain whether the reported milestones align with the approved plan.
    • Subsequent to the Ship Operator’s validation, the Game Facilitator will also validate and is authorized to release the allocated funds to the project. This systematic approach ensures that only those projects that fulfill their proposed objectives receive the funding.
    • The following screenshots are what a milestone report looks like in the app:

* Impact Measurement: Grant Ships does not evaluate impact directly, instead providing numerous onchain events detailing all activity within the grants program, which can be fed into external impact evaluation systems.
 * Accountability Mechanisms: While encouraging excellence and freedom to run a Ship how operators choose, our system also has strong accountability mechanisms in place.
* Underperformance: In cases where a Ship repeatedly underperforms or fails to meet the community’s standards of integrity and impact, the DAO has the authority to defund them completely or revoke their ability to allocate funds. There is also a “flag” system in place which allows the game facilitator to take immediate action if a Ship’s actions are outside of compliance.
* Graduated Consequences: A yellow flag can be issued by Game Facilitators which acts as additional context to voters during TCR votes. A red flag is issued for obvious, repeated or intentional violations by a Grant Ship. A red flag suspends a Ship’s ability to distribute funding, until and only if, the DAO reinstates the Ship’s permissions through a TCR vote.

• Cultural Reinforcement: By tying funding to performance and making the outcomes publicly available, we foster a culture of accountability and excellence within the DAO ecosystem. Operators are motivated not only by potential funding but also by the prestige and recognition that come from being a top-performing Ship.
• Competitive and Collaborative: The competitive environment provided by the Grant Ships game will attract high-quality projects and allocators who are committed to the success of ApeChain. We also anticipate patterns of cooperation, skill-sharing and seeking of win/wins among ships and builders in the interest of creating something awesome as a community.

Sample portion of feed from the Grant Ships App from a live grant round

• Documentation and Reporting: Feeds generated from smart contract data are accessible through the Grant Ships app. These feeds detail funding activities providing key metrics and insights for voters to use during decision making.
  • Compliance Policy and Attestation: Fund allocations must be approved by a Game Faciltator before they can be distributed by a Grant Ship. This provides the DAO with the option to implement policies and prerequisites for grant recipients (e.g. KYC compliance, AML procedures, etc.). This takes the responsibility and potential conflict of interest from the Grant Ship operators and lets them focus on making wise allocation decisions.
    • The duty of performing due diligence, including KYC/KYB checks, is assigned to the elected Game Facilitators. They are tasked with ensuring compliance with all ApeCoin DAO regulations. Our contracts stipulate that Ship Operators are not involved in handling grant funds; instead, a Game Facilitator is required to authorize fund transfers to grant recipients. This occurs only after verifying that all requirements have been fulfilled.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 550,000 $APE.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-442-grant-ships-accelerating-apecoins-ecosystem-evolution/23455

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.