0x2961…4cFD

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.

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.