Mentoring and providing microgrants to artists and developers from the Indian Web3 ecosystem to encourage them to build projects and tools around $APE. A small and simple way to distribute the funds from $APE treasury into smaller groups, followed by introducing and onboarding people to NFT and web3.
Allocate 16,500 $APE to fund https://prop.house/ 5 for the Indian Web3 community aiming towards
10,000 $APE allocated towards micro grants via PropHouse. 6500 $APE for team management, mentors and irl activities. Micogrants will consist of rounds running twice a month ranging from 100 APE to 1000 APE. 2 months will be a crucial testing phase for us as well as the community with each round having its own theme. These themes will focus on ideas to build products around $ape ecosystem, MVPs and fun art activities. 4 rounds will focus on encouraging ideas, irl utilities of NFTs, products and art. Apart from 10,000 APE, 6500 APE will be dedicated towards:
16,500 APE
Link to the full proposal: https://forum.apecoin.com/t/aip-172-daze-prophouse-powered-by-apecoin/9631
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.