botbape.eth

PROPOSAL DESCRIPTION

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

So what is the solution?

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

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

So how does the stand work?

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

How is the business sustainable?

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

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

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

Please review our Solar plans;

Solar Needs/Costings Calculator

How is the APE DAO investment being used?

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

APE_Cafe.xlsx

BENEFIT TO APECOIN ECOSYSTEM

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

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

New TX and Token Sales APE

Initial art renderings for the Ape Kart

OVERALL COST

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

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

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

• Payment Two: $13,483.60

• Payment Three: $20,936.22

Tranche Funding and Suggested Milestones

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

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

APE coin Funding Breakdown

PROPOSAL

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

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

PROPOSAL DESCRIPTION

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

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

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

• Actual ApeComms’ Space of 09/23/24

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

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

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

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

Sources: Statista, Edison Research

BENEFIT TO APECOIN ECOSYSTEM

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

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

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

OVERALL COST

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

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

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

PROPOSAL

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

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

PROPOSAL DESCRIPTION

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

Attendees can expect:

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

Past Collaborations & Featured Products:

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

Events Co-Hosted with the Community:

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

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

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

Flexible Offer for ApeCoin, BAYC, and MAYC Holders:

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

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

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

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

BENEFIT TO APECOIN ECOSYSTEM

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

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

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

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

OVERALL COST

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

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

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

Budget Breakdown:

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

Summary of Total Budget:

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

PROPOSAL

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

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

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

FROM WEB3 TO WORLD STAGE: THIS IS OUR VISION FOR BORED APE YACHT CLUB

INTRO

It’s important to remember this community owes its existence to two founders who have consistently shown up day after day in various capacities. What started as a simple yacht club in the swamps of Web3 is now destined to become a global movement.

Bored Global is unapologetically 100% focused on the BAYC ecosystem. We’re thinking big picture, aiming to establish the framework that will bring to life Garga and Gordon’s vision of BAYC as a globally recognized Cultural Brand and Exclusive Club with the finest members on the planet!

ABOUT

Bored Global is a dedicated media house for Bored Ape Yacht Club, targeting Web2 with extensive coverage across events, partnerships, pop culture, art, streetwear and entrepreneurship.

Additionally, the Bored Global Clubhouse App offers an exclusive, token-gated BAYC platform where community members can join regional clubs, connect with “Apes Near Me”, unlock “Ape Global Alliance” benefits, participate in “Made by Apes” initiatives, engage in chats, live streams and stay updated on events and all BAYC LLC announcements.

Our mission is to shift the public perception of the Bored Ape Yacht Club from a Ponzi-like 10,000 cartoon ape NFT project to a globally leading Culture Brand and Exclusive Club.

By positioning the Bored Ape Yacht Club as a cultural leader to the general public, we pave the way for the acceptance of the entire BAYC ecosystem, benefiting ApeCoin, ApeChain, and all those building within our sister communities.

A rising tide lifts all boats.

OUR PLATFORMS

Firstly, can we deliver? Of course we can, but don’t just take our word for it.

BORED GLOBAL will be the HYPEBEAST for BAYC!

Bored Global will capture the culture and tell the BAYC story to the Web2 world. Here’s the evidence that we’ll deliver exactly what we promise.

Life Without Andy has been Australia’s leading pop culture platform for over 15 years. Respected globally, our team has worked with industry heavyweights including Calvin Klein, Vans, SXSW, Coachella, Spotify, Corona, and many more.

About LWA - Video //

Here’s a little conversation about LWA + Mitch (Co-Founder) Rolling Stone // The Hundreds // Globe Brand //

As you can see, culture is in our DNA. Now, let us share our vision for Bored Global and how we’ll leverage over 15 years of experience and industry relationships to create the Hypebeast for BAYC.

THE WEBSITE:

Bored Global is a dedicated media house for the Bored Ape Yacht Club, serving as a top-of-funnel platform and the first point of contact for many outside of Web3.

The Bored Global website is designed with a strong focus on education and re-education, offering content that attracts its audience by appealing to their broader interests while staying aligned with the BAYC key pillars (see image below).

This includes extensive coverage of BAYC, featuring freshly written articles, transcribed interviews, documentary content, and full production interviews.

THE APP:

The Bored Global app is an exclusive, token-gated platform designed specifically to cater for the broad BAYC “Club” structure.

It’s our mission to bring the ‘Exclusive Club’ vibes to life!

Bored Global provides members a home base for all things BAYC. Whether joining Regional Clubs, connecting with ‘Apes Near Me’, unlocking ‘Ape Global Alliance’ benefits, participating in ‘Made by Apes’ initiatives, engaging in chats and live streams, and staying updated on events and all BAYC LLC announcements.

Available on Apple App Store and Google Play, secured by Wallet Guard and TokenProof.

BENEFIT TO APECOIN ECOSYSTEM

Bored Global: Enhancing the ApeCoin, ApeChain and BAYC Ecosystem

The perception of ApeCoin is inherently tied to the Bored Ape Yacht Club. With Yuga Labs’ commitment to utilizing ApeCoin and ApeChain as the cornerstones of its ecosystem, it is crucial that BAYC is recognized as a success not only within Web3, but also, and more importantly, outside of Web3.

Bored Global’s mission is to elevate and solidify BAYC’s image as a global Culture Brand and Exclusive Club. As a dedicated BAYC platform, Bored Global prioritizes the use of both ApeCoin and ApeChain wherever possible, ensuring their integral role in the ecosystem.

All features outlined in this proposal are at no cost to users or members. The purpose of Bored Global is to build and maintain the framework that serves the BAYC ecosystem (including ApeCoin and ApeChain) by helping cement BAYC as a globally recognized Culture Brand and Exclusive Club.

FIRSTLY, WE MUST THINK BIG PICTURE…

At a micro level, our space can feel very disconnected, unorganized, and negative. However, from a macro perspective, we see the organizational structure of the BAYC Ecosystem Economy starting to take shape.

While Yuga, ApeCoin DAO, Horizon, and Animoca each have their own specific ecosystems where they are the centerpiece, Bored Global focuses exclusively on the Bored Ape Yacht Club ecosystem. Our mission is to work closely with BAYC, ApeCoin, and ApeChain to bring the BAYC ecosystem economy to life.

The success of the BAYC ecosystem economy framework has an immense ripple effect for its sister ecosystems driving mass onboarding and adoption.

COMMUNITY QUOTES:

“I am thrilled by the opportunities presented by the Bored Global initiative. Apes symbolize community, and at the heart of any community lies its culture. In our increasingly digital world, those of us in Web3 crave genuine, in-depth, real-life connections. Excited for Bored Global to deliver exactly that.” – Mani (Forbes Web3)

“Nobody is more passionate about the Bored Ape ecosystem than the Bored Global team, and on the concept side, the amount of development they are doing with KOLs right now is second to none — full vouch.” - All City (ApeCoin DAO Lead Governance Steward)

“The opportunity to take back control of the narrative; rather than allow ourselves to continue to be misrepresented through outside media, makes Bored Global potentially the most important development yet for our community.” - Dilly Dilly (Thank APE)

“The Bored Global app is so stupidly convenient that apes can’t possibly ignore it.” – Dort (Welcome Apes)

“I’m excited for Bored Global as it will highlight BAYC MBAs to a far larger audience beyond Web3. The team has the reach which is what we need.” – Jbond (MBA Liaison)

“The ability for UK Apes to be able to spin up local meetups and events knowing only approved UK Apes can see them will be so great for our community" – Balou (UK Ape Club)

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $862,500.

FUNDING TRANCHES

$100,000 – On AIP Approval $80,000 – 1 Month from approval $82,500 – 3 Months from approval $100,000 – 6 Months from approval $100,000 – 9 Months from approval $100,000 – 12 Months from approval $100,000 – 15 Months from approval $100,000 – 18 Months from approval $100,000 – 21 Months from approval

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-491-bored-global-taking-back-our-narrative/24695/1)

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.

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 aims to increase the size of the DAO treasury by way of equity participation in a highly scalable business model, founded by two very active ApeCoin & Mocaverse community members with successful track records for building and selling companies at profit. Additionally, this AIP directly helps to onboard new community members into the DAO and provides significant exposure for the ApeCoin and Mocaverse ecosystems to venture capital and consumer markets.

The Public Bored aims to make displaying content on any digital billboard in the world, as easy as sending a tweet. We discovered serious pain points in the billboard industry while owning a previous company. Our business model is a marketplace for billboard owners to increase their revenue and to open up access to a much larger TAM (total addressable market), like an AirBNB for digital billboards. Our path to $100M ARR is to expand to approximately 20 cities. We are both repeat successful founders with notable experience relating to this field.

Our 2-minute pitch was featured on a major tech-startup podcast called This Week in Startups (TWIST), hosted by the prolific Angel Investor Jason Calacanis. Listen using the YouTube link below:

2-min Pitch Live Here: https://www.youtube.com/watch?v=xxKQgetM6gA&t=635s

• Our section is at 4:32

Timeline of Historic Events & Accountability Reporting:

• Original Forum Posting:

  • AIP-383: The Public Bored - MVP Launch of a Digital Billboard Network

• Snapshot Vote:

  • Snapshot 2

• First Progress update:

  • Implementation Update | AIP-383: The Public Bored - MVP Launch of a Digital Billboard Network 5

• Second Progress update:

  • The Public Bored AIP-383 Transparency & Accountability Update 3

• Third Progress update:

  • The Public Bored AIP-383 Transparency & Accountability Update #3

Build with $APE & Welcome to ApeCoin Spaces

By promoting our “Build with $APE” page located in the main menu of The Public Bored website, we’re facilitating deeper integration into the ApeCoin ecosystem.

Out of 6,600+ website visits, over 500 people engaged with our Build with $APE page, achieving an 8% initial conversion, and we are currently in the process of helping onboard these individuals into the ApeCoin DAO.

We aim to reach millions as we expand this model.

Build with Ape Page here: Build with $APE - The Public Bored

BENEFIT TO APECOIN ECOSYSTEM

Equity and Investment Terms:

• The ApeCoin DAO will receive a 2.5% equity stake in the venture. The aim of The Public Bored is to exceed a $1B valuation, and therefore send ~$25M back to the DAO treasury. (simplistic math for discussion purposes)

Royalties:

• The revenue sharing of 20% from the AIP-383 promise will continue until all funds from AIP-383 are sent back to the DAO Treasury in full.

Free Display Space:

• A portion of display space will be reserved exclusively for the ApeCoin DAO and our network of partners, including $APE hodlers, BAYC/MAYC, Mocaverse, JRNY Club, Otherside, Surreal Guild, Made by Apes brands, Elite Apes, Bored Canada, French Apes, UK Apes, Bulls on the Block, and all ApeCoin Delegates.

Pay with $APE incentives:

• Bonus display time will be provided to anyone paying in $APE.

Ecosystem Recruitment & Onboarding:

• The Build with $APE page on our website with its corresponding Guide for new AIP authors will be expanded upon, encouraging and helping new builders to join the ApeCoin community.

• Our Welcome to ApeCoin Spaces on X will continue.

OVERALL COST

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

15 Month Budget Allocations as follows:

Technology Development: $65k

• Enhance and innovate the platform’s technology including the launch of our mobile app.

Core Team Staffing and Related Expenses: $135k

• Build a lean yet effective core team, adhering to LEAN and AGILE principles.

Marketing & Sales: $32.5k

• Drive engagement and user growth to meet our customer adaption and monthly recurring revenue targets.

Misc Expenses: $17.5k

• Legal compliance, accounting & administration, HR, travel, other

FUNDING TRANCHES

Q4 2024: $92,500 (upon successful AIP passing) Q1 2025: $37,500 (first week January 2025) Q2 2025: $60,000 (first week April 2025) Q3 2025: $60,000 (first week July 2025)

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-515-the-public-bored-phase-2-take-2-resubmission/25772

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 purpose of this proposal is to help guide more people into the ApeCoin community. The ‘Powered by ApeCoin’ logo is great for branding, but lacks a call to action, and does not give a reason for people to join the DAO by purchasing their membership, ie: their first $APE.

This proposal is to mandate the inclusion of a prominently visible ‘Build with $APE’ (or similar) website menu item and corresponding website page by every project which receives funding through the ApeCoin DAO, whether through an AIP or through the Banana Bill.

The specific naming of the website menu item can be at the discretion of the approved AIP author, but must be prominently visible on their AIP projects website main page without requiring a hover-over.

The contents of the Build with $APE page shall also be at the discretion of the approved AIP author, however it shall be required to include:

1. A brief explanation of: What is the ApeCoin DAO, with a backlink to ApeCoin.com
2. A statement that the ApeCoin DAO funded the authors project
3. A simple breakdown of the benefits of owning $APE, ie: inclusion in the community, access to Discourse and Discord, voting on proposals, and proposing new proposals
4. Resources on how to learn more, ie: url to the ApeCoin official twitter account, Discourse, and Discord

This AIP shall not be retroactive. Previously approved AIPs and/or other fundings distributed shall not be required to include the requirements of this AIP. However, it is noted that it would be a courteous gesture by all previously approved authors to include a version of this AIP within their existing projects which were funded by the ApeCoin DAO.

As a case example of the above in practice, I offer The Public Bored website for review, consideration, and discussion, screenshots and URLs below:

Website: www.publicbored.com Build with $APE Page: Build with $APE - The Public Bored

HOME PAGE - with Build with $APE menu item

BUILD WITH $APE PAGE

This proposal would only apply to projects which have a website. If a project receives funding from the DAO or from the Banana Bill and does not have a website, it would be exempt from this proposal.

BENEFIT TO APECOIN ECOSYSTEM:

1. Onboarding new members into the ApeCoin community
2. Encouraging more people to purchase their membership via their first $APE
3. Active promotion of the ApeCoin ecosystem
4. Ensuring that funded AIPs properly recognize the ApeCoin DAOs contribution and support
5. Reducing friction for potential new members to become more involved
6. Enhancing the Network Effect which occurs as the community grows

OVERALL COST:

Total amount requested from the ApeCoin Ecosystem Fund = $2,000.

The requested amount is the estimated cost of legal expenses needed to implement the changes brought on by the successful implementation of this proposal.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-512-build-with-ape-page-on-all-aip-banana-bill-projects/25209

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 APE Foundation has recently posted a proposal to revamp ApeCoin DAO governance, entitled “ApeChain, On-chain – ApeCoin DAO Governance Revamp”. That proposal would eliminate Special Council elections, sunsetting the role of Special Council entirely. It can be found here: ApeChain, On-chain – ApeCoin DAO Governance Revamp

This AIP proposes to pause Special Council elections, pending the outcome of the proposal entitled “ApeChain, On-chain – ApeCoin DAO Governance Revamp”.

BENEFIT TO APECOIN ECOSYSTEM

This proposal benefits the ApeCoin ecosystem by respecting the time, resources, and energy of the ApeCoin DAO community members who might wish to run for Special Council, as well as the time, resources, and energy of ApeCoin DAO community members who might wish to vote for and learn about Special Council nominees.

OVERALL COST

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

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-552-pausing-special-council-elections-pending-the-outcome-of-the-governance-revamp-aip-vote/26822

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 the following:

1. Dissolve the Governance Working Group: AIP-239: Working Group Guidelines & The Governance Working Group Charter.
2. Dissolve the Marketing & Communications Working Group: AIP-246: Working Group Charter - Marketing & Communications.
3. Dissolve the Metaverse Working Group: AIP-245: Working Group Charter - Metaverse.
4. Dissolve the Web3 Development Working Group: AIP-376: Working Group Charter - Web3 Development.

The DAO created these working groups, and the DAO is well within its actions, activities, and purview to close them as per AIP-239: Working Group Guidelines & The Governance Working Group Charter.

BENEFIT TO APECOIN ECOSYSTEM

Collectively, all four working groups are costing or will cost the DAO almost $3M per year.

To date, the new Working Groups have been largely ineffective in their mandate.

As per the Q1/24 financial reports which we all knew would be bad (and we have yet to see Q2 & Q3), it is clear that the treasury is fast running out of disposable funds. Ape Foundation Transparency Report - 2024 - Q1. We the DAO need to stop the financial bleeding and to take necessary steps to preserve the treasury and reposition it for prosperity.

This proposal has the following vital benefits:

1. The DAO immediately saves money.
2. The DAO can re-purpose LESS funds to hire/contract experienced third-parties who have a lot more experience in the specific areas previously outlined in this WG charter.
3. The DAO no longer has to deal with the distractions, funding, and down time associated with elections as well as the budget proposals and voting for these working groups.
4. The Ape Foundation can focus on specific mandates which are beneficial to the smooth operation of the DAO.
5. The Ape Foundation can hire and contract third-party teams//providers on an as-needed basis. This also provides the flexibility of being able to switch teams/providers if they fail to perform as expected or if they don’t perform as per their mandated KPIs, OKRs or if they don’t adhere to strict transparency and accountability guidelines.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $0

Requests of the APE Foundation:

• Dissolve the aforementioned working groups.
• Pay in full, to affected stewards, any/all amounts that are in arrears.
• Wind-down of the operations of any/all activities and entities.
• Prevent the DAO from creating any new DAO funded working groups [under the existing charters].
• Additionally, at its discretion, the Ape Foundation would put up RFPs for activities and work which were previously required to be performed by the aforementioned working group. As per the RFP, hire third-party teams which would be directed to handle all activities previously performed by this WG.
• Manage and co-ordinate the consulting and hiring of any third-parties selected by the RFP to perform the required roles with specific KPIs and OKRs which are to be shared with the DAO community.
• As needed, display a new Discourse category called “Job Description” related to either a work for hire request or an RFP so that the DAO community can have the opportunity to participate in such hiring opportunities.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-466-proposal-to-close-non-essential-working-groups/24526)

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

Summon Of Glory is developed by Playcraft Studio, and is already supported by @Animocabrands, @Shimacapital, @bigbrainvc, @mechanismcap.

We aim to integrate outstanding Yuga NFTs into Summon of Glory’s gameplay, with the three main goals of (1) creating fun gaming experiences, (2) increase ApeCoin’s brand awareness, and (3) to generate revenue share for ApeCoin DAO and the selected ape NFT holders.

The classic gameplay and strong social interaction within SOG leaves a lot of room for scalability plus interoperability for players across different communities.

BENEFIT TO APECOIN ECOSYSTEM

Enhance Apecoin’s brand influence and exposure via:

1. including Apecoin’s art and information in SOG’s startup screen plus banner
2. accepting $Ape as a payment option for trading SOG’s in-game assets
3. putting the “ape” logo of Apecoin at the central position of SOG’s logo
4. dedicating a section of SOG’s website for promoting and educating viewers on Apecoin’s ecosystem
5. providing Apecoin community creations as rewards, such as booklets, collectibles, badges, autographs from Yuga holders

Generate revenue for Apecoin:

1. SOG team will use the proposed funding to create game content for SOG Heroes based on 8 NFTs (such as BAYC/Movaverse, chosen via voting by Apecoin DAO members), covering all content such as character design, 3D modeling, skins and skill effects. 30% of the revenue generated in game from the Heroes created based on those 8 chosen NFTs will be permanently shared with Apecoin DAO, while 15% will be shared with the corresponding NFT holder.
2. When SOG’s token is listed on exchanges, it will prioritize airdrops to Apecoin DAO community users

Boost Apecoin’s community participation:

1. SOG will hold exclusive activities for members of the Apecoin Community
2. Initiate an Ape Voting event to give every Yuga asset holder a chance to appear in the game
3. Part of the $Ape from the funding proposal will be rewarded to Apecoin community members who take part in the NFT selection votes
4. Sponsor Apecoin DAO events

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $246,000 USD

Concept Art: 10,000 USD, for the creation of individual concept art for 4 characters and 4 multi-character concept art pieces;

3D Assets: 100,000 USD, for the design and production of three views, costumes, weapons, accessories, class designs, and the creation of 3D models for 4 characters;

Skins: 80,000 USD, for the production of skins, animations, and skill effects for 4 characters;

Sound Effects: 5,000 USD, for the creation of music and sound effects for 4 characters;

Promotional Videos: 30,000 USD, for the production of promotional video content for 4 characters.

Community Rewards : 6,000 USD, of which 2,000 USD is allocated for rewarding participants in the ApeCoin DAO community who vote on the selection of game NFT characters, and 4,000 USD for rewarding the 4 NFT Holders who are ultimately chosen.

Community Events: 11,000 USD for the ApeCoin DAO community users who participate in the SOG game testing and become SOG game promotion ambassadors, including cash rewards and exclusive game merchandise for the ApeCoin DAO community.

Community Gatherings: 4,000 USD sponsored by SOG for two offline discussions, sharing sessions, and gatherings for the ApeCoin DAO community.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-452-expanding-ape-ecosystem-via-sog-revolutionary-blockchain-moba-game/24123)

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

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

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

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

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

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

YUGA SUPPORT:

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

FEATURES:

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

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

  

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

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

  

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

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

  

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

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

Some of the MBA apparel brands we have in place:

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

Some of the merch drops in place:

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

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

Some of the MBA brands we have in place:

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

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

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

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

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

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

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

Official Tweet no link in the original copy.

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

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

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

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

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

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

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

PARTNERSHIPS:

• Yuga Labs:

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

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

BENEFIT TO APECOIN ECOSYSTEM

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

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

OVERALL COST

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

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

The detailed budget breakdown is as follows:

• Development and Integration: $150,000 USD

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

• Infrastructure & Maintenance Costs: $80,000 USD

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

• Operational Expenses: $188,000 USD

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

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

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

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

PROPOSAL

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

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

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

Alright folks, this is our rebooted AIP-410 ApeCoin Goes to Hollywood —now called:

ApeCoin Gets a LOUDER Voice: The podcastization of the ApeCoin Ecosystem.

It’s a multi-layered AIP to give the ApeCoin ecosystem a voice that reaches the world in multiple languages, improve internal DAO communication, involve ApeCoin holders, help AIP Authors, MBAs, MOCA and artists, use the DAO as a talent marketplace and bring normies and Web3 enthusiasts to ApeChain.

We want to leverage our 19 years in podcasting and 6 years in Web3.

• Why podcasts? Because podcasts are the most direct, natural, and cost-effective way to communicate. That’s why listeners are growing worldwide nonstop.

• Why Web3? Because we are true believers since 2018, when we even tried to shake up how presidential elections are held in Mexico (and the world) using Blockchain with great results and media coverage (you can read more in Dany Saadia’s bio); and we’ve come a long way since then. We even snatched up ApeCoin as soon as it was released and minted 2 BAYC (1382 and 1383).

So this is why we are resubmitting this AIP with the firm belief we are uniquely qualified to navigate this project to success. Let’s dive:

First off, we’re talking about real podcasts, like the ones we've been producing since 2005. You can listen to an example here. This means: it’s not about just giving mics to a couple of folks or recording Zoom calls. Real podcasts have a story, a script, a production, and they truly harness the power of voice. Since the dawn of time, humans have been wired to respond to voice when it comes with the right words, the right tone, and even the right musicality. Also, podcasts are notably less expensive to produce than video. We’re going to leverage all this to benefit the ApeCoin DAO—the entire ApeCoin ecosystem and all its members.

Down to business: we’ll tackle the internal and external communication issues in the DAO with podcasts to be distributed on Spotify, Apple Podcasts, YouTube, et.al. Out of our own experience, the learning we got from the different Spaces and Discourse comments about the DAO and how you can really make a difference is nothing short of incredible, and massively expands what Ape_U does. However, this experience has really driven home the need to make these discussions accessible to everyone, on-demand, in their own time and time-zone. This is why we are pushing this AIP as follows:

1. Podcastizing: edit and post-produce all ApeCoin related Spaces like Apecomms, BOTB, Bodega, Sandbox, Meet at the Clubhouse, Mocaverse and all other relevant Spaces so no one has to hang around, banana to the ear, at crazy hours. (Example: July 6th BOTB Space).

2. We will also produce and post-produce a weekly chat-show podcast about ApeCoin and ApeChain news (live AIPs, ApeChain and DAO updates, testnests, controversies, F1, etc) with key players as guests, all hosted by two DAO members (to be chosen).

3. For all willing ApeCoin DAO AIP Authors, we’re gonna podcastize your AIP drafts, just like we are doing with this AIP (listen to it here), and we recently did with all Special Council candidates (Listen here). This will be done in English, our common language.

4. For all willing MBAs and BAYC & MOCA artists we will produce a 20- to 30-minute podcast about their project, because we know there is an entrepreneurial and enlightening story behind every MBA and artist that deserves to be told and heard.

   • Also, we will produce a 30-second audio ad for all willing MBAs and MOCA artists to promote their product or services that will be baked-in on all podcasts published by this AIP for free. (As long as they follow DAOs guidelines).

5. Then, to increase and amplify ApeCoin’s visibility in the normie world, we will write, produce, post-produce and distribute to all major platforms, TWO “ApeCoin Originals” in three key languages for global distribution: English, Spanish, and French.

   • Why in English? For obvious reasons: it’s the current global lingua franca and where the real monetization market for podcasts lies (the US).

   • Why in Spanish? Because there are over 500 million native speakers across 21 countries on 3 continents, and it’s largely an untapped market for ApeCoin.

   • And in French? Well, add another 27 countries with about 75 million natives and 200 million more who speak it as an official language, nearly as neglected.

We’re talking about 700 million potential listeners, plus English worldwide speakers, who would be hearing “This is an ApeCoin Original” and “Powered by ApeCoin” for the first time and many many more times.

What are the two “ApeCoin Originals”?

1. A flagship podcast: a documentary on the saga of Yuga and BAYC, Cryptopunks, ApeCoin, and Animoca Brands. Why? To follow the trend of those podcasts that jumped to VOD platforms (like WeCrashed, Gaslit, The Dropout, etc.) These narratives not only captured the attention of mainstream audiences but also turned complex business sagas into cultural phenomena that captivates millions.

   • This flagship podcast aims to do something similar with the story and synergies between Yuga, Animoca Brands, The Sandbox, ApeCoin, all the way to ApeChain. We want to introduce the general public to the universe of Web3 and our DAOs, demystifying it with an accessible and attractive narrative about how these technologies work and their impact on various aspects of culture and the economy.

   • And above all, we want to control the narrative. Controlling the narrative is essential to educate and capture the attention of a skeptical or simply unknowledgeable audiences about what blockchain and the NFT market really involves. We are not just looking to tell a story, but also to establish a clear frame of reference so that the audience understands and appreciates the complexity and beauty of what we are doing. It’s about captivating both who are already believers in Web3 and the normies who still do not know or remain reluctantly on the sidelines. [FOR A SHORT SYNOPSIS CLICK HERE.]

NOTE REGARDING DOCUMENTARY At this stage of our project, we have not yet contacted these entities to confirm >their participation. However, we want to emphasize our extensive experience in >producing high-quality podcast documentaries that meet rigorous legal and >ethical standards.

Notably, we recently completed a documentary for Amazon Audible, a company >renowned for its meticulous approach to content production and thorough >vetting process. Our documentary focused on the murders of two Monarch >Butterfly Mexican activists (you can listen on Audible here), a sensitive and >complex topic that required careful handling of legal and ethical considerations. >This project not only showcased our ability to navigate challenging subject >matter but also demonstrated our commitment to maintaining high standards of >journalistic integrity and respect for all parties involved. The impact of our work >is further evidenced by the fact that this subject also became a Netflix >documentary.

This experience has equipped us with a deep understanding of the implications >and responsibilities involved in documentary podcasting, particularly when >dealing with sensitive subjects and multiple stakeholders. We’ve sharpened our >skills in thorough research, fact-checking, and presenting complex narratives in >a compelling yet responsible manner.

Building on this experience, our plan moving forward is as follows:

• Outreach: We will initiate contact with representatives from all mentioned >entities to introduce our project and invite their participation. • Consent and Cooperation: We aim to secure their willingness to cooperate and >will document any agreements reached. We’ll provide proof of consent once >obtained.

• Alternative Approach: If direct participation isn’t secured, we’ll proceed using >publicly available information, ensuring compliance with all legal requirements >and controlling the narrative.

• Legal Compliance: Drawing from our experience with Amazon Audible, we’re >well-versed in navigating legal considerations. We consult often with legal >professionals to ensure adherence to all relevant laws and regulations.

• Accuracy and Fairness: We’re committed to presenting accurate information, >seeking expert opinions and alternative sources to maintain the documentary’s >integrity.

We know that this project’s success would be immensely enhanced by the >cooperation of these key players in the crypto space and our track record with >Amazon Audible demonstrates our ability to produce content that meets the >highest standards of accuracy and legal compliance.

We will keep you updated on our progress in securing participation and consent >from these entities as we move forward.

As a side note, while we haven’t yet contacted the entities mentioned to confirm >their participation in the documentary, we believe it would be in our best >interest to grant permission and collaborate together. Here’s why:

Exposure and Promotion: This documentary represents a valuable opportunity >for the entities to showcase their projects, innovations, and impact on the >crypto space to a wider audience.

Narrative Control: By participating, these organizations can ensure their stories >are told accurately and from their perspective, rather than relying solely on >third-party interpretations.

Community Engagement: Involvement in this project demonstrates a >commitment to transparency and community engagement, which is crucial for >the Ecosystem and the Web3 space.

Historical Record: This documentary will likely serve as an important historical >record of the early days of NFTs and crypto-based communities. Participation >ensures these entities have a voice in shaping that narrative.

Given these factors, we believe it would be unwise for these entities not to >grant permission and participate in this documentary. Their involvement would >not only enrich the content but also align with the principles of openness and >collaboration that are fundamental to the crypto and NFT communities.

We are prepared to work closely with all parties to address any concerns and >ensure their interests are protected throughout the documentary-making >process. Our goal is to create a balanced, informative, and engaging piece that >serves the interests of the participants, the ApeCoin ecosystem, and above all, >the broader audience interested in this revolutionary technology.

2. Speaking of making a strong entry into the normie world, “The Frightorama Experiment” is the second ApeCoin Original, a horror/psychological thriller aiming to tap the existing creative talent market within the ApeCoin, MOCA, and Sandbox DAOs — from screenwriters to directors, musicians, voice actors, recording studios, equipment rental companies, etc., through a contest. We’re not just looking to produce high-quality and easily gamifiable content that embeds “This is an ApeCoin Original” and “Powered by ApeCoin” into millions of downloads, but also to create the first DAOs collaborative production, involve all content creator members of the DAOs and gain revenue.

   • To do so, we will pick scripts via a contest run in the DAO, which will be then produced with as much talent from the DAOs as possible. This contest is not just a platform to showcase the best and most original works, but a demonstration of how transparent, fair and participative all this can be. [FOR FURTHER DETAILS ABOUT “The Frightorama Experiment”, CLICK HERE.]

We’re sure these 2 ApeCoin Originals can make a huge hit and reach at least a million downloads. Why?

1. Because we are confident that a well-produced and researched Web3 documentary, let alone “The Frightorama Experiment”, are attractive to the wider English, Spanish and French audiences in the most popular genres:

2. Because we have a lot of experience in the podcasting industry, IPs, data and platforms, which translates into massive know-how to reach audiences, and

3. Because we will allocate a substantial budget for marketing and distribution to effectively promote all the necessary podcasts under this AIP.

Let’s talk about the exciting potential of the ApeCoin Originals. These projects can easily expand into TV series, films, video games, and merchandising, and also tap into the massive $4 billion dollars worldwide podcast ad-revenue market ($2 billion in the US alone!).

And we propose a revenue structure that prioritizes the ApeCoin’s Treasury recoupment as follows:

1. Treasury Recoupment Phase: 100% of gross revenue from ad-monetization of podcasts and related content will be directed back to the Treasury until the full overall cost of this AIP is recouped.

2. Operational Sustainability Phase: After complete recoupment, we’ll retain 100% of subsequent revenue to ensure long-term AIP sustainability.

Our strategy is designed to accelerate Treasury recoupment, secure funding for ongoing operations in subsequent years, and establish a strong position for ApeCoin in the evolving media and entertainment landscape.

In any case, there will always be complete transparency. Downloads and revenue will be visible to all members of the DAO, as well as anything else the community considers necessary to ensure accountability.

Additionally, to sweeten this AIP even more (remember: multilayered), we also plan to tokenize these IPs and host all our podcasts on the ApeChain in order to coordinate and collaborate with Horizen Labs and/or coders (and Banana Bill) to develop a system that automatically generates RSS feeds from blockchain-hosted podcast content for distribution to major platforms (Spotify or Apple Podcasts) because, to our knowledge, this hasn’t been implemented in Web3.

This AIP is budgeted for 759 episodes (or one year’s podcasts as described in the budget section), and includes —this is key again — marketing and promotion. We’re not just creating killer podcasts; we’re making sure they get the spotlight they need. Creating standout content is only half the game. The other half is putting it in front of the right people. We’re all about maxing out our reach and visibility to draw in a wide and varied audiences in the English, Spanish and French speaking world. At the end of the day, it’s about making each episode not just entertaining or informative, but a real powerhouse that drives ApeCoin adoption, helping to carve out a unique and well-recognized spot for it in the global scene.

We expect income from all these projects to maintain and expand the operation in the future.

Oh, by the way: thanks to DIXO’s 19 years of experience in podcasting and 6 years in Web3, we’re a household name across Latin America and Spain. As soon as this AIP kicks off, we’ll instantly add all podcasts under this AIP to the DIXO Network, which just signed a distribution deal with Pitaya—one of the top distribution and monetization podcast networks in the US. Plus, this will give DIXO and ApeCoin access to free PR in both specialized and mainstream media.

TL;DR: a) 313 Spaces podcastized; b) 260 AIP Drafts podcastized; c) 52 MBAs + MOCA + Sandbox artists podcasts; d) 52 $APE Ecosystem podcasts; e) 52 × 30”-audio ads for MBA + MOCA artists; f) 1 Yuga and Animoca Brands DOCUMENTARY podcast (6 episodes) in English, Spanish and French; g) 1 DAO community-driven gamifiable horror/psychological thriller podcast in English, Spanish and French; h) Grand total: 759 “Powered by ApeCoin” podcasts available on all audio platforms (Spotify, Apple Podcast, YouTube…) i) …thus entering a largely untapped market of 700 million Spanish and French speakers; j) 100% of initial revenue from ALL ad-monetization, royalties, derivatives, ancillary income, and IP licenses under this AIP goes back to the DAO’s treasury UNTIL the overall costs of this AIP are recouped. k) Once the DAO’s Treasury has fully recouped its initial investment, all subsequent revenue will be reinvested to ensure the long-term self-sustainability of this AIP. This will allow us to continue promoting ApeCoin globally without requiring additional funding from the DAO… l) … while biting our nails to start the next decentralized content platform with Horizen Labs in ApeChain.

Please let’s do ourselves a favor: let’s NOT miss this opportunity. It’s good for the DAOs, $ApeCoin, BAYC, MAYC, MBAs, MOCA, Sandbox, and, above all, ApeChain.

BENEFIT TO APECOIN ECOSYSTEM

1. Marketing and Communications

• 2 different podcasts:

  1. Daily (MON-SAT) Podcastization of all relevant Spaces (ENG)

  • Space Podcastization means downloading the Space, editing internet glitches, pauses, eliminating “mmm, ahhh, errrrs”, editing content (if necessary), improving sound of each speaker, breaking the 2-3-4 hours Space into different episodes depending on the host's outline, and final mixing.

  2. Weekly ApeCoin + ApeChain news podcast hosted by DAO members (ENG)
  • Live AIPs, follow-up on approved AIPs and bills (Banana), F1, ApeChain updates…

2. AIP Draft Authors

• 1 podcast
  • Podcastization of their AIPs drafts (ENG)
    • AIP Draft Podcastization means either a post-produced reading of AIP Abstract by AIP Author(s) or a one-on-one interview with AIP Author(s).

3. To Attract Worldwide Normies to the ApeCoin Worldwide Ecosystem

• 2 different podcasts: “An ApeCoin Original” in English, Spanish, and French
  1. Flagship podcast documentary (BAYC + Cryptopunks + ApeCoin + Moca)
  2. Horror/psychological thriller chosen through a contest in the DAO.
• Untapped and abandoned 700M Spanish and French speaking world
• Millions of downloads.

4. MBAs, MOCAs and Artists

• 1 podcast
  • Success (and failure) stories.
• Free 30-second audio ads baked-in ALL podcasts approved by this AIP.

5. Members of ApeCoin DAO

• Monetization paid in $ApeCoin to screenwriters, directors, producers, hosts, voice-overs, studio rentals, graphic designers, etc. for “The Frightorama Experiment” podcast production under this AIP.
• Access to DIXO’s 19-year expertise in podcasting (podcast pre-production, production, post-production, distribution) either for free or at reduced prices (depending on tasks).

6. Benefits for ApeChain

• Hosting and distribution of audio content.

7. Benefits for the DAO Treasury

• 100% of initial revenue from ALL ad-monetization, royalties, derivatives, ancillary income, and IP licenses under this AIP goes back to the DAO’s treasury UNTIL the overall costs of this AIP are recouped.

OVERALL COST:

Total amount requested from the ApeCoin Ecosystem Fund = $999,999.18 USD

As you will see, the total budget is slightly over 1 million USD ($1,009,100), but we didn’t want to break the psychological barrier of one million, so we decided to ask for less than one million and absorb that small difference. Broken down as follows:

a) 313 Spaces podcasts × $400/ea. = $125,200 (including sound edition, postproduction and audiograms);

b) 260 AIP Drafts podcasts × $1,400/ea. = $364,000 (including sound edition, sound design, dialogue edition, postproduction and audiograms);

c) 52 MBAs + MOCA + Sandbox artists podcasts × $2,050/ea. = $106,600 (including sound edition, sound design, dialogue edition, postproduction, audiograms and marketing outreach);

d) 52 $APE Ecosystem podcasts × $2,400/ea. = $124,800 (including sound edition, cast/host, sound design, dialogue edition, postproduction, audiograms and marketing outreach);

e) 52 × 30”-audio ads for MBA + MOCA artists × $600/ea. = $31,200 (including sound edition and postproduction);

f) Yuga & Animoca Brands Documentary podcast (6 episodes × 3 languages): $153,800 (including scriptwriting, trilingual production and translations, production coordination, fact-checking, cast/talent drawn from the DAO if possible, recording studio & operators, sound design and edition, dialogue edition, audiograms, and marketing outreach);

g) “The Frightorama Experiment” (4 episodes × 3 languages): $103,500 (including scriptwriting, scripts contest, production coordination, cast/talent drawn from the DAO where possible, recording studio & operators, sound design and edition, dialogue edition, audiograms, and marketing outreach);

In fact, throughout this entire project, all of DIXO’s quotes are at cost price because we believe in ApeCoin, because we believe in this AIP and because we are going to show that we apes are much more than a crypto or an NFT: we are a real community that can be sustained by the best ethos behind Web3 and will flow over ApeChain to incorporate the whole world.

For an itemized budget for each podcast above, please see following PDFs:

a) 313 Spaces podcasts:

b) 260 AIP Drafts podcasts:

c) 52 MBAs + MOCA + Sandbox artists podcasts:

d) 52 $APE and ApeChain Ecosystem podcasts:

e) 52 × 30”-audio ads for MBA + MOCA artists:

f) Yuga & Animoca Brands Documentary podcast:

g) “The Frightorama Experiment”:

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-492-apecoin-gets-a-louder-voice-the-podcastization-of-the-apecoin-ecosystem-resubmission/24994)

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

PROPOSAL DESCRIPTION:

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

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

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

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

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

An ApeCoin branded BMW (an M3, 4, or 8 Competition). Custom license plate. ApeCoin branding such as but not limited to the ApeCoin logo on the tank cap and “Powered by ApeCoin” writing.

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.

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 basis. He will commit to creating content, joining spaces, and attending 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 project's 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 visit relevant crypto events/meetups all over Europe, creating 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 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 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, making his endorsements feel more genuine and relatable compared to traditional ads.

Rapid Awareness and Virality:

• The Apemobile has the potential to go viral quickly, creating buzz around ApeCoin and ApeChain.

Diversified Marketing Strategy:

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

Long-Term Partnership: Building a long-term relationship 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 business 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 =USD 210,000.”

170,000 USD for the car, custom license plate, and foiling 0 USD for 3 year KOL partnership & content creation 20,000 USD for insurance for 3 years 20,000 USD for maintenance

NOTE: Unused funds are immediately returned to the DAO.

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

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

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-502-the-apemobile-guerrilla-marketing-meets-a-kol-partnership-resubmission/25409)

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

Sleap.io (MBA License #00457) is the first on-chain hotel booking platform with access to over 350,000 hotels globally which is expanding to 1,000,000 hotels in upcoming months.

As one of the official and community promotion partners for ApeFest 2024, BAYC, and ApeCoin MarComms, we are excited to extend the same community benefits to the ApeCoin community. We accept over 250 cryptocurrencies, including $Apecoin, along with traditional payment methods. As we innovate and grow, we aim to lead the Web3 travel industry.

We believe that the growth of Web3 brands relies on community building, which is why we have hosted multiple Web3 cultural events. With the development of ApeChain, we plan to offer the ApeCoin community exclusive discounts and innovative Web3 travel booking services, integrating ApeChain as a payment option.

During ApeFest, we will host the “Apes Swing into Lisbon” event, in collaboration with various Web3 communities and MBA brands! Join Sleap.io, Apecoin MarComms, Boredin, and Clavi for an electrifying evening as we kick off ApeFest.

We have arranged a stunning event venue in Lisbon, featuring both indoor and outdoor spaces. The event will include a DJ, drinks, and digital LCD screen displays. In partnership with ApeCoin MarComms, we will showcase the works and PFPs & IPs of various community creators on seven screens, including creations from BAYC, ApeCoin, ThankApe, ApeChain content, Mocaverse, and JRNY. This will give participants an unforgettable experience, kicking off the ApeCoin cultural journey.

Event: Apes Swing into Lisbon Date: 17 October 2024 Time: 18:00 - 00:00 (6 hours) Location: Poolside Lisbon Address: R. Acácio de Paiva 19 21, 1700-003 Lisboa, Portugal Guests: 250

What to Expect:

Join Sleap.io, ApeCoin MarComms, BoredIn, and Clavi for an electrifying evening as we kick off ApeFest.

This exclusive event marks the beginning of an unforgettable weekend at ApeFest.

Dive into the heart of Web3 culture at Poolside, Lisbon’s premier hub for all things blockchain and digital innovation.

What to Expect:

• Elevated Beats: Enjoy music from our handpicked DJ, setting the perfect vibe.
• Food and Drinks: Enjoy complimentary drinks and gourmet finger foods.
• MBA Companies: Explore a variety of MBA brands’ products and activations.
• Visuals: 7 NFT screens displaying Apes, ApeChain content, MBA products, and art, including creations from ApeCoin, ThankApe, Mocaverse, and JRNY.
• Networking: Meet and connect with fellow holders in the Ape community to create lasting memories.

Embrace this chance to celebrate the beginning of ApeFest in a setting that embodies the future of connectivity and digital experiences.

BENEFIT TO APECOIN ECOSYSTEM

The benefits to the ApeCoin ecosystem for ApeCoin DAO and ApeChain include:

1. Increased Utility and Adoption:

   • Integrating ApeChain into platforms like Sleap.io 4 expands ApeCoin’s use cases, encouraging real-world transactions such as hotel bookings.

2. Enhanced Ecosystem Growth:

   • Providing unique services and benefits, like exclusive discounts and Web3 travel solutions, fosters a vibrant, engaged community, driving growth and retention.

3. Strengthened Community Engagement:

   • Hosting Web3 cultural events and offering community-driven rewards strengthen the bond within the ApeCoin community, leading to higher participation and collaboration.

4. Innovation and Market Leadership:

   • As one of the first platforms to integrate on-chain hotel booking with a wide range of payment options, collaborating with ApeChain, this pioneering approach can attract more partners and users to the ApeCoin ecosystem.

5. Improved Online Payment Solutions:

   • Improved Online Payment Solutions:By accepting ApeCoin as payment and prioritizing ApeChain in the future, online payments accept over 250 cryptocurrencies and traditional methods, improving financial inclusion and transaction flexibility.

6. Economic Benefits:

   • Increased adoption of ApeCoin for practical uses can boost demand and potentially increase its value, benefiting all ecosystem participants.

7. Cross-Platform Integration:

   • Collaborations facilitated by ApeChain create a more interconnected and versatile ecosystem, enhancing ApeCoin’s overall utility and appeal.

8. ApeCoin holders only need to have 1 ApeCoin (max 100) to participate in our “Apes Swing into Lisbon” event at ApeFest. We will also provide 100 free tickets to the ApeCoin, Moca, and JRNY NFT communities.

9. Holders of MBA brands, BAYC, ApeCoin, Moca, and JRNY NFTs can also participate in our digital LCD IP showcase during the Open Call. Our mission is to foster greater community interaction within the ApeCoin ecosystem.

10. We will provide a booth at the event to showcase ApeChain and ApeCoin promotions, as well as display products from MBA brands.

11. We will be giving away specially designed 200+ Merchandising items, Powered by ApeCoin swag, and MBA Collaboration products to all ApeCoin users participating in the event during ApeFest. This includes items from BoredIn’s IP & MBAs newspaper, Mutant beer, and BoredTea.

12. Photography: Photography coverage during the event for ApeFest content, which will be shared with the ApeCoin DAO community.

OVERALL COST:

The total amount requested from the ApeCoin Ecosystem Fund = $45,000 USD.

Details:

1. Apes Swing into Lisbon event activations: 30K USD

• Event Venue Capacity: 250 Guests
• Staff: 2 Bartenders, Security, Hostess, DJ
• Drinks: 350 Complimentary Drinks
• Food: Gourmet Finger Foods
• Display: 7 NFT Screens and Visuals Behind the DJ
• Merchandising giveaway and MBA Product Collaboration cost
• Venue Maintenance and Cleaning Fees

2. Booth and Banner Display: 5K USD
3. Booth and Banner for ApeChain Display
4. Booth and Banner for MBA Brands
5. Booth and Banner for ApeCoin Display
6. Venue Insurance, Security, and Legal Fees: 5K USD
7. Promotional Materials and Photography Content: 5K USD

Please note that Sleap.io reserves the right to the final interpretation of the discount. Future platform updates may include optimizations of the AIP and processes. However, we remain committed to actively providing more comprehensive booking services for the community in future developments.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-486-powered-by-apecoin-unlocking-web3-travel-solutions-for-the-community-apes-swing-into-lisbon-event/24600)

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

Following the successful completion of AIP-383 deliverables, this Phase 2 proposal for The Public Bored seeks to expand our model and revolutionize the traditional billboard industry. Inspired by Times Square and now successfully tested at two major conferences, we plan to expand our innovative and scalable patent-pending model to cities worldwide, in the name of Ape. This proposal includes a 20% equity stake in the venture for the DAO, continues the revenue-sharing royalty from AIP-383, provides free display space to the Ape ecosystem reaching millions of people, and also enables us to activate at four more major Web3 events over the next two years similar to what we recently did at ETH Denver and NFC Lisbon. Additionally, we aim to launch a Public Bored token on ApeChain, providing direct benefits to $APE hodlers. The worst-case scenario of this AIP is we end up owning a reliable, revenue-producing asset that brings continuous value to the DAO.

In addition to succeeding at ETH Denver and NFC Lisbon this year, The Public Bored ranked 1st out of thousands of applicants in the Founder Program run by prolific angel investor, Jason Calacanis. This provides us with critical support as we scale into a Series A funding round next year. This AIP provides ApeCoin DAO with early inclusion on all aspects of the venture in order to be positioned longer term for max benefits as the venture scales.

Our model reimagines the global digital billboard industry in the name of Ape. Just as AirBnB and Uber revolutionized the hospitality and taxi industries, The Public Bored aims to transform the digital billboard sector, and to include the ApeCoin DAO on the rewards.

Over the past several months, we’ve tested The Public Bored model with thousands of participants across two major conferences, generated revenue, registered a provisional patent, researched prospective billboard locations, built relationships within the billboard industry, and navigated complex permitting processes through correspondence with various City Halls in major city centers. Additionally, our transparency and accountability reporting have significantly exceeded most other AIPs.

We envision a future where anyone can display messages or art on any digital billboard worldwide as easily as sending a Tweet. Short term we’ll acquire our first permanently located billboard as a home base of operations, then open our model as a network for other billboard owners to plug into. This AIP enables us to establish that home base of operations to then scale from.

For perspective; if even 10% of our average daily revenue from the past two events continued throughout a full month as recurring revenue, we would already have exceeded the outdoor billboard industry averages, making us highly attractive to venture funding and providing a viable path to broader scaling. This AIP enables us to acquire that first permanently located digital billboard from which we can launch our network model for other billboard owners, enabling us to reach millions of people worldwide through a profitable model, directly benefiting the DAO Treasury and $APE hodlers alike.

Thank you ApeCoin fam, for your unwavering support throughout our activations at ETH Denver and NFC Lisbon.

We launched this initiative with our own capital, made significant strides with support from AIP-383, and now it’s time for The Public Bored to fly with this Phase 2 proposal.

Timeline of Historic Events & Accountability Reporting:

• Original Forum Posting:
  • AIP-383: The Public Bored - MVP Launch of a Digital Billboard Network
• Snapshot Vote:
  • Snapshot
• First Progress update:
  • Implementation Update | AIP-383: The Public Bored - MVP Launch of a Digital Billboard Network
• Second Progress update:
  • The Public Bored AIP-383 Transparency & Accountability Update 2
• Third Progress update:
  • The Public Bored AIP-383 Transparency & Accountability Update #3

BENEFIT TO APECOIN ECOSYSTEM

Equity and Investment Terms:

• The ApeCoin ecosystem will receive a 20% equity stake in the venture.

Ongoing Royalties

• The ongoing royalty of 1% revenue sharing promised within AIP-383 will continue forward through this Phase 2 AIP as well.

ApeChain

• The Public Bored token will launch on ApeChain with direct benefit to $APE hodlers.

Free Display Space:

• A portion of display space will be reserved exclusively for the ApeCoin DAO and our network of partners, including $APE hodlers, BAYC/MAYC, Mocaverse, JRNY Club, Otherside, Surreal Guild, Made by Apes brands, Elite Apes, Bored Canada, French Apes, UK Apes, Bulls on the Block, and all ApeCoin Delegates.

Referral Rewards:

• A 10% reward will be given to each $APE holder for all referrals who purchase display time on our digital billboards.

Pay with $APE incentives:

• Bonus display time will be provided to anyone paying in $APE.

Ecosystem Recruitment:

• The Build with $APE page on our website with its corresponding Guide for new AIP authors will be expanded upon, encouraging and helping new builders to join the ApeCoin community.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $2.7M paid in $APE

Two-Year Budget Allocations as follows:

Acquisition of Digital Billboards: $1.7M

• Secure up to four permanently located digital billboards through acquisition or new construction.

Core Team Staffing and Related Expenses: $350k

• Build a lean yet effective core team, adhering to LEAN and AGILE principles.

Marketing & Sales: $200k

• Drive engagement and user growth to meet our customer adaption and monthly recurring revenue targets.

Four Event Activations: $200k

• Host four more major events similar to the ETH Denver and NFC Lisbon activations we successfully completed earlier this year.

Technology Development: $150k

• Enhance and innovate the platform’s technology including the launch of our mobile app.

Legal, Accounting & Professional Fees: $100k

• Ensure legal and financial compliance.

NOTE:
The Associated costs of each step are variable in nature of negotiations and billboard locations and staffing details.

Conclusion This budget ensures the strategic allocation of resources to maximize impact and efficiency. By focusing on key areas such as our first acquisition(s), staffing, marketing, events, technology development, and professional fees, we aim to build a robust and scalable platform that drives engagement and growth within the ApeCoin ecosystem.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-457-the-public-bored-phase-2/24358

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:

Bored Trading Co (BTC) concept evolved as a clear need to build collaboratively with over 400+ MBAs (Made By Apes) and numerous IP brands and projects. Coordinating with multiple IP brands, especially around major conferences, is arduous. Sending products, particularly internationally, is costly and time-consuming. High-profile events are often too expensive for a single IP brand to justify.

Recognizing the collective strength of the community with the launch of the MBA program, Jason co-founded BoredIn, a subcommunity supporting 200 MBAs founders building together. BoredIn focuses on spotlighting and aggregating IP brands and product media and research. Feedback from numerous IP brands & BoredIn highlighted the following major challenges:

1. Poor Visibility: Limited visibility and awareness outside Web3. While Web3 thrives on platforms like X, web2 consumers are on Facebook, Instagram, and TikTok where there has yet to be an incentivisation of customers, buyers, influencers to drive content.

2. Limited Resources: Small IP brands struggle with time and money, even for essential functions like shipping, where commercial rates are 35-60% below published rates.

3. Distribution Challenges: Scaling distribution for large order volumes or international shipments is challenging.

4. Payments Barriers: Accepting crypto for E-commerce is challenging to set up and expensive with gas fees. Although there are some solutions for Shopify for an online store, there are no known solutions for in real life point of sale (POS) solutions which include ApeCoin and ApeChain. We plan to work with NiftyKit and other tech partners to help develop.

Bored Trading Co’s Strategy

Bored Trading Co is dedicated to addressing key challenges in scaling IP products to the masses by creating a consumer flywheel. We believe in a collective approach to help the entire ecosystem overcome challenges. Our mission is to deliver value back to the ApeCoin and ApeChain ecosystems, fostering innovation and growth within the community. We aim to create IP products with ApeCoin holders, expanding the IP ecosystem. With Web3 IP products still in their infancy, many brands need support to scale, particularly in garnering visibility and driving smaller brands. Leveraging our logistics expertise, including @NFThoarder888’s experience as the Head of America’s Logistics at Bloomberg where he was responsible for thousands of events and conferences. In web3, we’ve supported numerous IP brands at major events (e.g. HK Apefest and Dubai Token) and collaborated on curated IP boxes (e.g. F*ck It Saturday and @WelcomeApes MBA box). Our journey includes expanding to communities like Pudgies, Mocaverse, 10KT, Azuki, and many more to empower and grow the entire ecosystem.

E-commerce presents a clear opportunity for ApeCoin to drive utility to the masses given current spending and growth projections. Bored Trading Co aims to harness the collective IP ecosystem to drive awareness, interest, and consideration from D2C consumers and B2B buyers. Bored Trading Co’s strategy includes a multi-pronged approach:

• Event Targeting: Participating in events with a booth to create direct engagement. Attend conventions and tradeshows to dive brand awareness for ApeCoin, ApeChain, and IP brands.

• Curated Box/Bag Solutions: Offering flexible, ApeCoin Powered curated products to customers and influencers to increase brand visibility. Incentivize collaboration between brands and ApeCoin to enhance the ApeCoin ecosystem development and culture. The bundling of several IP products together and centralization of fulfillment allows for higher conversion since the shipping cost does not create an imbalance to the customer value proposition. In web2 the higher dollar per transaction allows for promotions with free shopping or % off when you spend over a certain amount. The lower cost structure will provide custoers with more value at a lower price. We can curate multiple boxes like snack , gifting, or seasonal boxes.

• Community and Influencer Engagement: Driving content creation and engagement rewards to maintain sustained contact and recurrent touchpoints, adhering to the marketing “rule of seven.” Encourage users to hold 1 Ape, which gives them the opportunity to participate in events, receive corresponding tickets, ApeCoin Powered curated IP box, and discounts for online purchases.

• IP Engagement: Encourage brands to collaborate with ApeCoin, thereby fostering the growth and development of the ApeCoin ecosystem. Through collaboration with MBAs, incentivize MBAs and IP brands to join the Powered by ApeCoin ecosystem. Reduce the barrier entry for MBAs.

As we curate Powered by ApeCoin IP products, we will consider all previously approved AIPs and ApeCoin holders to include ApeCoin community IP in purchasing ApeCoin Powered curated boxes and bags. Additionally, the ApeCoin community will be rewarded through an ApeCain loyalty program for creating engaging content, such as unboxing videos, GIFs, and memes, to amplify product and “ApeCoin Powered” presence on Instagram and TikTok. ThankApe recently launched their BBAC Accelerator program which was celebrated by the community and we are looking to build off of this momentum and address the broader ecommerce flywheel out to web2 meeting consumers where they are outside of crypto Twitter. We will build our infrastructure to help the 30 winners of the BBAC while scaling to support the long tail of other businesses not rewarded. As ThankApe is a partner, we will work with them closely to further the impact and benefit to the ApeCoin ecosystem.

NFT NYC Case Study

We piloted the booth solution at NFT NYC during three events: NotNFTNYC, Clubhouse, and Bored Brunch, showcasing 13 IP products. The Bored Trading Co.’s booth drove conversation, inspiration, and even a couple of transactions. Rising tides lift all boats, and the AIP will allow us to scale this program with technology to accept $APE for onsite payments during events and support ApeChain in the future.

In addition, ApeCoin Powered curated boxes and bags with IP products will be deployed for smaller events and promotion to VIPs and influencers. Individuals and communities will be able to purchase curated boxes and bags directly from our e-commerce site. We will have a limited presales drop of the curated box(es) to drive revenue and accessibility. Ultimately, the goal is to drive leads from events back to the IP brands. Bored Trading Co. will help facilitate B2B leads with a 5% fee to support the financial sustainability of the project.

Bored Trading Co.’s holistic application of this strategy aims to garner attention and drive leads, ensuring a successful expansion from Web3 into the broader web2 e-commerce space. Together, Bored Trading Co. and its partners are set to break the glass ceiling and build a thriving IP ecosystem with ApeCoin & ApeChain, sparking an e-commerce consumer flywheel. The socialfi campaign and Powered by ApeCoin curated boxes will capture attention to expand the top of funnel, and the Bored Trading Co. booth at events will amplify brand awareness and leads.

Platforms and Technology

The team currently has many Shopify e-commerce sites including BoredIP.com and BoredBagels.com, which tokengate and accept crypto. We are partnered with NiftyKit and other technology partners to elevate the current solutions and develop new capabilities for onsite transactions and socialfi with ApeCoin & ApeChain. We will work to reduce the additional gas fees incurred when transacting with ApeCoin in B2C scenarios. In addition, we want to work with ThankApe on distributing the rewards back to the community. As we develop the technology, we believe we can white-label and help other businesses onboard using ApeChain in the future.

IP Brand Selection

IP Brands will submit via a form for consideration. The Team and Advisors will work to curate a diverse IP representation from the different communities represented in the ApeCoin Community including Pudgies, Moca, BAYC, 10KTF, and many more. We will leverage a rubric to review submissions with a focus on commercialization, track record, previous AIP and ApeCoin Holder, and diversity. For example, Powered by ApeCoin products, ThankApe BBAC, and past AIPs will be provided priority for consideration.

DEFINITIONS IP - Intellectual property represented throughout the ecosystem with PFP NFTs from various communities.
MBA - Made By Ape program with onchain licenses from Bored Ape Yacht Club.

BENEFIT TO APECOIN ECOSYSTEM

Bored Trading Co (BTC) will bring exposure to IP brands and ApeCoin in showcasing ApeCoin Powered products through proven e-commerce channels and social media marketing. We will drive value to the ApeCoin & ApeChain ecosystems in several ways:

• Promote the usage of ApeCoin & ApeChain: Bored Trading Co will help consumers discover and transact with various IP brands and products, thus generating additional transactions and utility for ApeCoin. ApeCoin holders will receive a discount on the marketplace. The vision is to encourage and onboard users to use ApeChain. When making e-commerce purchases, users can save on gas fees and benefit from the lower costs, truly cultivating spending habits and user loyalty. In addition, we will work on putting our agreements on ApeChain to allow transparency and for us to move with speed while encouraging other projects to do the same.

• Visibility and Discovery: By featuring IP products powered by ApeCoin at events and on major social media platforms like Instagram and TikTok, Bored Trading Co will enhance visibility and discovery. We will produce content through lifestyle shots and a community rewards program, breaking into web2 and other major social media networks. We will work on making the items discoverable on Instagram and TikTok shops to allow conversion as we drive our socialfi campaign.

• Rewarding the ApeCoin Community & DAO: We will pilot ApeChain loyalty program to reward the community for content creation as a potential model for social finance (socialfi). Community members will be incentivized to create engaging content such as unboxing videos, GIFs, and memes. Bored Trading Co will provide 18% of gross revenue back to the ApeCoin community through direct sales or broker fee. There will be multipliers to incentivize ApeCoin holders at different tiers. In addition, Bored Trading Co will have a 18% revenue share back to the DAO.

• Amplify IP and Engagement: Bored Trading Co will inspire and drive synergy in the marketing of ApeCoin powered brands and products. This will encourage and reward other ApeCoin holders across many communities like Pudgies, Mocaverse, 10KT, Azuki, and many more to join, creating a thriving ecosystem of engaged participants. Engage and unify the diverse communities of ApeCoin DAO with IP.

DEFINITIONS: ThankApe’s BBAC - Built By ApeCoin program developed as micro grants

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $853,700 USD.

The funds would cover Bored Trading Co needs for the next twelve months. The goal is to secure significant lead conversions (targeting six and seven figure purchase orders) to allow a self-sustaining project with 51% of the revenue allocated to funding additional events, product, and team past the 12 months. The Bored Trading Co will strive to be sustainable while returning 36% (18% rewards to community and 18% gross revenue to the DAO) over the next 15 months from funding to account for lagging revenue until reevaluating the sustainability. Founders and Advisors incentives are based largely on successful leads and revenue. Any unused funds after 12 months will be returned to the DAO.

There are no upfront costs for MBA-approved entities to use this service. The cost to MBA-approved entities would come at providing necessary wholesale pricing. Shipping costs could be subsidized with the ability to utilize BTC’s commercial discounts but responsibility falls on the entities to ship product to The BTC warehouse.

Revenue will be generated through a 5% revenue share for Bored Trading Co B2B leads. The program will allow more data to understand future iterations where fee structures might make sense to allow for sustainability.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-468-bored-trading-co-powered-by-apecoin/24512

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

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

PROPOSAL DESCRIPTION

This proposal is for the creation of a 15M $APE multi-sig “Community Voting Wallet” controlled by members of the DAO community.

The purpose is for the CVW to be the voting voice of the community without the influence of whale wallets which tend to override the wishes of the community whereby whale wallets vote against the community pulse.

This mechanic will require a temp check voting period during which the “pulse” of the voting community is based on a “1 wallet = 1 vote” linear voting Snapshot recipe. The results of this voting temp check then determines how the community CVW votes on proposals.

The period of the delegated wallet will last for a period of ONE YEAR (term) from the date that the wallet is 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. The newly created delegation cannot be used to vote in any subsequent vote concerning its own delegation (e.g., a vote to renew, a vote to end the delegation early, etc.).

Background Overview

• Despite the size of the ApeCoin community, a few whale (1M+ $APE) wallets control the outcome of most proposals up for vote.

• In fact, the majority of token holders don’t actually participate in the DAO voting system.

• The voting turnout continues to decline because, as in real-life, the general consensus among voters is that they can’t be bothered because they know that their vote isn’t likely to count.

• In the June 2024 period alone, the average voting turnout for all AIPs was 189 (!)

• The introduction of the Horizen wallet in the voting system last October has thus far created a polarizing effect whereby, at 4.3M $APE, it is now the 2nd largest voting wallet next to the Mocaverse (delegated by Animoca) at 6.3M $APE. And due to the turnout of the voters, these two wallets control the outcome for every vote in the DAO.

• The effects of whale voting wallets controlling the outcome of the DAO voting is a centralized paradigm that is outside the realms of decentralization, trust, and fairness.

• Putting caps on a voting wallet isn’t the answer as that will just lead to Sybil solutions whereby that same wallet can be split into amounts below the cap, then all vote anyway.

• The Ape Foundation, acting at the behest of the DAO, has an obligation to ensure that each member of the DAO has a voice, and that the voting system is fair and equitable to all.

See also: Special Council To Propose Voting System Reform

BENEFIT TO APECOIN ECOSYSTEM

This initiative ensures that the DAO community voting, via this proposal, is fairly representative of the wishes of the community.

It can also dramatically reduce - even eliminate - the influence of whale wallets in the DAO voting system.

This community temp check Snapshot voting system is similar to the For|Against ApeChain vote which came ahead of the final AIP vote for the selected team to build ApeChain.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 0 ApeCoin

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-474-delegated-apecoin-community-voting-wallet/24629

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.