AIP-410: ApeCoin DAO Goes to Hollywood 

Proposed by0x00Cef6B61fd57d481e569C64Ac5280736023de7F0x00Ce…de7F
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222 / 144,909voters
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Description

4 min read
ABSTRACT

That’s what we’re aiming to create with ApeCoin.

We’re seeking funding to produce audiovisual content in both English AND Spanish, telling stories across various successful genres that resonate with a wide audience. In doing so, we’re not just looking to generate financial benefits for ApeCoin holders by tokenizing these rights; but it’ll also crack open a whole new market: the massive and untapped Spanish-speaking world.

And this project not only grants current worldwide ApeCoin holders (and thus ApeCoin DAO members) the right to a proportional share of the IPs and their future earnings, but it also opens up new possibilities for:

a)⁠ ⁠Creative professionals and spanish speaking audiences who hadn’t previously considered ApeCoin among their crypto options, who will now be exposed to it through the development and publishing of the IPs.

b)⁠ ⁠Current ApeCoin holders, who are encouraged to increase their holdings to boost their returns through this dual opportunity.

c)⁠ ⁠Furthermore, as all podcasts funded by this AIP will carry the ApeCoin brand, it naturally draws in new potential buyers, spotlighting mass-consumption content to push ApeCoin into the mainstream.

We expect that this move will expand the APE ecosystem to larger audiences interested in investing and Web3, thereby increasing its recognition and value for all.

BENEFIT TO APECOIN ECOSYSTEM
  • The APE Community will own 50% of the IPs (including all derivatives, ancillary, royalties and direct income) funded through this AIP; the remaining 50% will be owned by DIXO (25%) and Medios Modernos (25%). By “APE Community,” we specifically refer to the ApeCoin DAO and its members. This community is at the core of our proposal and its intended benefits.
  • With respect to the aforementioned “direct income,” our priority is to first return value back to the Treasury (full $380,050 from gross revenue). We’ll then proceed with the distribution based on the 50-25-25 split among the ApeCoin DAO, Dixo, and Medios Modernos. This is intended to ensure that all parties benefit fairly and equitably in the evolving landscape of decentralization (a philosophy we fully support).
  • While it’s tough to pin down exact timelines before the project kicks off, drawing from our prior experience, we are confident that revenue generation will begin within a year after the release of any podcast under this AIP and possibly less. As an additional note, we are already in talks for a first-look contract with an L.A.-based audiovisual production companies regarding these IPs.
  • Exclusive content to help evangelize and promote APE, Blockchain and Web3 principles and uses.
  • Every podcast episode, will include a mention of the APE Foundation/ApeCoin DAO.
  • Products or Brands accepting ApeCoin and/or Accepted AIP Authors will have a free 20-second spot (as long as the product and/or brand is compliant with the APE Foundation guidelines).
  • Products that aren’t accepting ApeCoin but have a direct relation with the ApeCoin DAO will have a 70% discount of market price (as long as the product and/or brand is compliant with the APE Foundation guidelines). What we’re proposing here is to offer any member of the ApeCoin DAO the opportunity to promote, sell, market, or sponsor their products or services—with a 70% discount of the current ad CPM cost-per-mille market price.
  • After reviewing AIP-274, we’d certainly like to include the “Powered by ApeCoin” logo on the cover art of every IP funded by this AIP, as well as an audio “Powered by ApeCoin” voiceover at the end of each podcast episode, as a part of the credits. This ensures a consistent and visible partnership branding across all media.
  • A real opportunity to create a highly successful and highly profitable worldwide franchise, both in the entertainment industry and in Web3.
  • Future tokenization of IPs that can spinoff to other media, products and entertainment categories that help ApeCoin have a wider use and grow in value.
OVERALL COST

TOTAL: $380,050 USD Budget of 4 IPs: img1

Budget of stand-alone APE and W3 weekly talk show: img2

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-410-apecoin-dao-goes-to-hollywood/22480

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.

Start DateMay 3, 2024 1:00 AM
End DateMay 16, 2024 1:00 AM
Start Block19,784,942
Voting TypeBasic
Voting Results
For
291,158 votes1 %
Against
14M votes94 %
Abstain
553,566 votes3 %
Quorum
15M / 0 votes0%
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