ApeCoin DAO Dashboard
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Delegates
Proposals
AIP-426: Special Council- Future election requirement and role clarification
ABSTRACT
The Special Council of the APE Foundation, at the behest of the ApeCoin DAO members, acts as a liaison between the ApeCoin DAO members and the directors and officers of the APE Foundation. The Special Council exists to serve the vision of ApeCoin DAO.
To further shape the success of the role long-term, the following changes are proposed to be made:
- Clarify that the Special Council is an “Advisory Board’’ that serves an advisory function with no corporate decision-making power.
- Rationale: Oftentimes there is quoted confusion in the community about what the Special Council is or is not. In practice, the Special Council is in fact an Advisory Board neither corporate officers nor management executives, and they should not be viewed as such. The Advisory Board should also not be misconstrued as the board of directors of the APE Foundation.
- An effective advisory board member brings unique qualities to the table. Key qualities and characteristics that make an individual effective in this role: diverse knowledge base, proven familiarity and understanding of the ApeCoin DAO ecosystem, good judgment, thoughtfulness, communication skills, commitment, integrity, and team player abilities.
- Special Council nominees must have been discourse members for at least 6-months prior to the commencement of the term for which they are running and must have achieved a minimum of Trust Level 2 on discourse. For example, a nominee for the Special Council must have been a discourse member by June 30, 2024 if they are running for the January 1, 2025 term.
- Rationale: The primary responsibility of Special Council members is to conduct administrative review of AIPs. Accordingly, it is important for the DAO that the individuals elected to the Special Council have a strong history of participation in the discourse and with AIPs.
- Removal of the weekly reports established by AIP-305.
- Rationale: It was a good experiment, but the minimal engagement metrics of the reports has shown that they have not been an effective use of anyone’s time and efforts. Furthermore, such reports are not appropriate for advisory boards.
BENEFIT TO APECOIN ECOSYSTEM
Implementing the proposed changes could yield several benefits for the ApeCoin DAO and its governance structure:
Clarity: Renaming the Special Council to the “Advisory Board” clarifies its role and that it is distinct from corporate management and decision-making. This clarity can help ApeCoin DAO members and better understand the purpose and function of the board, leading to more focused discussions and decision-making processes.
Fit and Focus: Requiring nominees to have a history of discourse participation and familiarity with AIPs ensures that Advisory Board members are properly suited to their roles. This can result in more informed discussions, better decision-making, and increased trust from the community.
Overall, these changes aim to optimize the Advisory Board’s role within the ApeCoin DAO, promoting long-term sustainability, and efficiency.
OVERALL COST
No ApeCoin requested from the treasury.
PROPOSAL
Link to the full proposal: https://forum.apecoin.com/t/aip-426-special-council-future-election-requirement-and-role-clarification/23463
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.
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AIP-417: IP Ecosystem with CLIP Powered by ApeCoin
ABSTRACT
The proposal aims to support the Community-Led IP ecosystem (CLIP), powered by ApeCoin, dedicated to empowering web3 creators, brands, and enthusiasts in the digital ownership landscape. CLIPStarter, our flagship platform, will serve as the innovation, fostering collaboration, and driving the commercialisation of NFT IP assets. Through crowdfunding for community projects, virtual exhibitions, collectibles, loyalty programs, and strategic partnerships, CLIP will pave the way for NFT IP to transcend mere collectibles and become powerful engines of commerce.
CLIP will be implemented based on ApeChain. While ApeChain is the infrastructure that scales $APE and support the growth of ApeCoin ecosystem, CLIP will become the IP licensing engineer on top of ApeChain and be among the first few dAPP on ApeChain with real business operations.
We will setup a dedicated APE Team to serve ApeCoin DAO and ApeChain:
- Identify opportunities with new brands and partners to collaborate with ApeCoin DAO and ApeChain
- Promote ApeCoin to all existing ecosystem partners to raise brand awareness and integrate ApeCoin into entertainment & lifestyle sectors such as movies, video games as skin, traits, characters, F&B, etc.
- Proactively develop high-end collectables with existing brand partners, exclusively for ApeCoin DAO members
- Develop pinnacle experience with brand partners, exclusively available to ApeCoin DAO members.
- Connect Made-By-Ape (MBA) products with sales channels and promote brand awareness for MBA builders.
- To encourage ApeCoin holders to migrate their $APE to ApeChain, our loyalty system shall provide a multiplier to our participants who holds $APE on ApeChain.
- A CLIP ecosystem grant will be setup to provide initial funds for qualified creators if they are willing to
- Adopt ApeChain as the core blockchain infrastructure technology to their projects, and/or
- include and promote ApeCoin in their projects (subject to ApeCoin DAO final approval);
Any projects receiving the CLIP ecosystem grant will have to contribute a certain percentage of their Net Revenue to the Ape Foundation This will be able to attract high quality projects, as well as strong Web3 communities such as Mocaverse, Pudgy Penguin, etc., to the CLIP and APE ecosystem.
BENEFIT TO APECOIN ECOSYSTEM
CLIP will provide a platform for any builders to showcase and promote their IP and projects, fostering collaboration and driving innovation within the ApeCoin DAO ecosystem. By empowering creators and brands to leverage the power of NFTs, CLIP will attract new users and drive adoption of ApeCoin as a valuable digital asset. Additionally, by facilitating partnerships and collaborations, CLIP will enhance the visibility and credibility of ApeCoin DAO, positioning it as a hub for digital creativity and innovation. Since ApeCoin aims to be the leader of Web3, this platform powered by ApeCoin will help build IPs around it and make ApeCoin achieve its goals. This will also be a very powerful business applications running on ApeChain and help driving the growth of the ApeCoin ecosystem.
ApeCoin Foundation shall receive:
- 50% of the Net Revenue generated by the APE Team
- Branding Integration opportunities into all the CLIP’s featured projects that potentially will create millions of impressions, as a means to promote ApeCoin and ApeChain.
- Revenue contributions from projects supported by the CLIP ecosystem grant.
- 500 limited-edition branded collectables, licensed with Mocaverse NFT, will be distributed to ApeCoin DAO’s community members as exclusive rewards.
- 500 limited-edition branded collectables licensed with BAYC NFT, will be distributed to ApeCoin DAO’s community members as exclusive rewards.
- 50 conference tickets hosted by CLIP, providing ApeCoin DAO with opportunities to engage with industry leaders and stakeholders.
- All these collectables and tickets will be distributed to the top 1,000 active ApeCoin DAO’s participants based on the CLIP’s loyalty system. Anyone holding $APE on ApeChain will receive a multiplier.
OVERALL COST
Total amount requested from the ApeCoin Ecosystem Fund: 2,750,000 ApeCoin
PROPOSAL
Link to the full proposal: https://forum.apecoin.com/t/aip-417-ip-ecosystem-with-clip-powered-by-apecoin/22886
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.
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Against
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AIP-410: ApeCoin DAO Goes to Hollywood
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:
Budget of stand-alone APE and W3 weekly talk show:
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.
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Against
Abstain
AIP-422: ApeCoin Rewards App (Resubmission)
ABSTRACT
The ApeCoin Rewards App offers an exclusive platform for ApeCoin and BAYC holders to access unique discounts and offers both online and offline, enhancing the utility and value of ApeCoin.
Fully funded by the DAO, the app enables token holders to enjoy special offers such as:
- 2-for-1 tickets at concerts and festivals
- Substantial discounts from over 700 retailers both IRL and online.
Because this is funded by the DAO, 100% of revenues are directly passed back to token holders, increasing the attractiveness and loyalty within the ApeCoin ecosystem. The app also provides advantages to MADE BY APES licensees, offering them exposure within the platform at no cost, and assisting them in reaching their target audience and building their brands more effectively.
Available on iOS, Android, and as a web application, the ApeCoin Rewards App is designed to ensure easy accessibility and maximum utility for holders of one or more ApeCoin, BAYC and MAYC, Mocaverse, JRNY Club, Bulls On The Block and Surreal Guild assets, making it a pivotal tool in the promotion and growth of the ApeCoin ecosystem.
BENEFIT TO APECOIN ECOSYSTEM
The ApeCoin Rewards App delivers substantial benefits:
- Exclusive Access: Provides token-gated offers and discounts unavailable to the general public, enhancing the value of holding ApeCoin, BAYC, Mocaverse, JRNY Club and Surreal Guild holders.
- Enhanced Engagement: Increases engagement and loyalty within the ApeCoin community by offering tangible rewards.
- Economic Advantage: As the DAO funds the app, there are no commissions deducted by FanCircles, ensuring all savings and earnings are 100% passed back to the community.
OVERALL COST
The total budget for the ApeCoin Rewards App is £480,000 (approximately $590,000) for two years (£288,000 for platform operation, and £192,000 for account management).
The funding term is 24 months; we may submit a follow-up AIP in the unlikely event that this project require further funding. The new 24 month period for funding, extended from 12 months, in the initial proposal, allows more extensive deals to be secured, especially concerts and festivals who have year long cycles, more time to be invested in growing the awareness amongst partners and holders alike, and a strong confidence level that retail and event partners to become comfortable that the ApeCoin Rewards App is not only protecting their brand values and publicly listed prices, but also brings incremental sales. This in turn allows us to recoup any future ongoing costs after the two year term, from advertising fees we can then charge partners to continue to reach the ApeCoin and BAYC community.
Funding will be due upon project passing.
PROPOSAL
Link to the full proposal: https://forum.apecoin.com/t/aip-422-apecoin-rewards-app-resubmission/23396
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.
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Against
Abstain