NFT Lab Magazine is a well-established physical publication that has distributed over 40,000 magazines through 8 issues across 1,200 locations, reaching over 50,000 readers. After a year of operation, we learned that producing a magazine once a month is not feasible due to the rapidly changing market and the voluntary nature of community content contributions, which can lead to delays. To adapt, we have successfully shifted to bi-monthly editions with thicker pages (72-96 pages), enhancing the magazine’s prestige and allowing for more comprehensive content collection.

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Building on the success of our previous AIP-314, which was well-received by the community, we are proud to announce that we have produced two years of Apefest editions. This proposal aims to continue promoting ApeCoin and Yuga ecosystem news and projects to both our existing audience and beyond. Our strategy includes generating content that spotlights community projects, ApeCoin DAO news, and Yuga initiatives, while also allowing communities such as MBA, Mocaverse, Pudgy Penguins, Azuki, Thank Ape and GWG to contribute contents upon selection.

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We are excited to announce a partnership with TIMEOUT Portugal 2024 | Ultimate Guide To Where To Go, Eat & Sleep in Portugal | Time Out, which operates in 108 cities across 39 countries and has a global audience reach of 242 million across all platforms. This collaboration opens up possibilities for NFT Lab Magazine to be present worldwide for every Apefest in the near future. Its a remarkable milestone for a magazine that’s only 1 year old.

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Additionally, we will introduce international shipping for a limited number of physical copies to our content providers, enabling them to promote their products and services globally through a tangible show-and-tell approach. Furthermore, we plan to implement token-gated content using ApeChain and $Ape, allowing exclusive access to our community and enhancing engagement.

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Our online versions (as promised from AIP-314) are already available on multiple Asian news platforms such as “blockchain of the day”

https://botdnews.com/category/article/nftlab/

and as free downloadable e-books on the “Likerland” media platform.

By enriching the ApeCoin and APECHAIN ecosystem and utilizing token-gated content, we aim to drive mass adoption and potentially increase the value of $Apecoin and Yuga collections.

BENEFIT TO APECOIN ECOSYSTEM:

Currently, ApeCoin primarily revolves around Yuga Labs NFTs and their upcoming Otherside metaverse, but by promoting new use cases through NFT Lab, we can accelerate adoption for more real-world applications and mainstream acceptance in Asia. We will also promote other approved AIPs, MBAs and Apechain Dapps/Memes including becoming an official mentor and collaboration partner with the aid for physical exposure for other projects.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = $168,000.

We are requesting $168,000 paid in $APE to support NFT Lab’s operations and expansion for one year. This increase from last year reflects a miscalculation on our part, (however, we continued to keep our promised delivery from our own pocket last year), as we learned from our previous operations. We also faced the loss of a printer sponsor, a significant drop in the value of $APE. for this term , the added costs of apechain implementation, token gated contents , international shipping and overseas collaborations.

Two tranches of funding have been requested:

$98,000 of the total upon approval.
$70,000 Five months later (when 3rd edition is ready to be published)

We appreciate your understanding and support as we strive to improve and continue our mission.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-545-beyond-the-nft-renewal-of-nft-lab-magazine-s-plan-for-empowering-apecoin-s-global-communitya/26543)

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.

For

4,344 votes

7 days ago

AIP-511: ApeMania: The rewarding playground for the Apes and ApeCoin Ecosystem

PROPOSAL DESCRIPTION

ApeMania is an innovative, on-chain gaming platform designed to bring a new level of excitement and earning potential to the ApeCoin ecosystem. By combining the thrill of lottery-style games with the power of yield-generating ApeCoin staking, ApeMania offers users a unique opportunity to engage in entertaining, provably fair gameplay with low entry and have a chance to win lucrative rewards daily and weekly. The platform leverages VRF for transparency and fairness, and staking pools with auto-compounding, ensuring that users achieve the highest possible yields. ApeMania is designed to enhance the utility of APE tokens, create value for BAYC/MAYC NFT holders, and contribute to the growth of the ApeChain ecosystem.

Ape4D:

Gameplay: A no-loss 4D lottery that allows participants to engage with small entries and win big rewards.

Entry Requirement: Players can participate by depositing a fixed amount of APE per number.

Prizes: Daily draws feature 23 prizes, with a variety of winning opportunities.

Jackpots:

Daily Jackpot: Starts with an initial pot of 500 APE, accumulating 5% from yield daily.
Weekly Jackpot: Starts with an initial pot of 1000 APE, accumulating 10% from yield daily.

Multiple Pools: Creating new pools upon 90% entry with incremental bonuses.

Pool-based staking:

Designed for BAYC and MAYC NFT holders.
Payout Structure: NFT owners take a majority split from earnings.
Auto-Compounding: Automatically reinvests earnings to maximize yield over time.

Dice Streak:

Gameplay: Roll with three dice and user place bets on possible outcomes

Betting Options: Large sum (11-18), small sum (3-10), streak (3 identical numbers)

The Rolling Apes:

Gameplay: A wheel spin game where the chance of winning is proportional to the player’s stake in the overall pot.

Bingo:

Gameplay: Each player receives a unique 5x5 board with a randomly placed free space.

How it works: First to achieve five numbers in a row declared the winner.

Points and Referrals

Playing games on ApeMania can earn points regardless of winning or losing. Furthermore, users can turn friends into income by sharing reflink, earning 16% of their Points, plus 8% of their referrals’ Points.

Revenue Model

Yield Generation:

The platform retains a portion of the yield generated from staked APE.

Game Fees:

1% fee charged on winnings in most games.

NFT Investment:

A portion of the platform’s profits is reinvested into BAYC/MAYC NFTs. This strategy not only enhances yield potential but also contributes to the stability and growth of these collections’ floor prices.

Ecosystem Expansion:

ApeMania plans to extend its platform to accommodate other yield-generating cryptocurrencies, broadening its appeal and user base.

Project Collaboration

The platform offers customized staking games in collaboration with other projects, fostering innovation and mutual growth.

Advertising

The platform will also generate revenue through targeted advertising, leveraging its user base and brand recognition.

ApeMania represents a unique blend of entertainment and financial opportunity, creating a synergistic environment where APE holders, NFT owners, and the broader ApeChain community can thrive. Through its diverse game offerings and robust revenue model, ApeMania is poised to become a cornerstone of the Web3 gaming and staking landscape.

BENEFIT TO APECOIN ECOSYSTEM

ApeMania will benefit the ApeCoin ecosystem in several ways:

1. Increased Utility for ApeCoin:

ApeMania introduces new ways for APE holders to utilize their tokens beyond traditional trading or holding. By participating in games, lotteries, and staking pools, users engage more actively with the token, driving demand and circulation.

2. Strengthened Community Engagement:

Engaging Gameplay: By offering a suite of fun, interactive games, ApeMania fosters a more vibrant and engaged ApeCoin community. The platform’s unique games, such as Ape4D, Dice Streak, and Bingo, offer daily and weekly participation opportunities, keeping users consistently active within the ecosystem.
Loyalty and Retention: The potential for winning substantial prizes and earning yields can encourage long-term retention of APE within the ecosystem, as users are incentivized to hold and stake their tokens.

3. Ecosystem Growth:

Ecosystem Expansion: ApeMania’s future plans to support other yield-generating cryptocurrencies and collaborate on custom staking games can attract new users and projects to the ApeChain ecosystem, broadening its reach and influence.
Giving back: Contribute 10% of the platform’s gross revenue to ApeCoin DAO to further support the development of the ecosystem.

4. Synergistic Growth with ApeChain:

Network Effect: As ApeMania contributes to the utility and appeal of ApeCoin, it also strengthens the broader ApeChain ecosystem. The platform’s success can inspire the development of additional projects and dApps on ApeChain, fostering a thriving, interconnected network.

OVERALL COST

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

Two tranches of funding have been requested: $100,000 upon approval, $100,000 after 3 months, and $50,000 after 6 months.

Budget Summary:

Infrastructure and Development: $80,000
- Infrastructure - $10,000
- UI/UX design - $10,000
- Smart contracts, dApp development - $60,000
Marketing and Community: $60,000
- Marketing campaigns - $15,000
- Community giveaway: $15,000
- Events and Meetup - $15,000
- Influencer partnerships - $10,000
- PR and media - $5,000
Security and Audits: $50,000
Launch and Rollout: $60,000
- Official launch/Welcome bonus - $10,000
- Promotional events - $15,000
- Initial operational costs - $35,000

This funding will cover the first year of development and operations, after which the platform is expected to be self-sustaining through game fees and yield generation.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-511-apemania-the-rewarding-playground-for-the-apes-and-apecoin-ecosystem/25429)

Against

4,344 votes

7 days ago

AIP-509: Raising awareness of Ape coin and its ease of use at Traditional Finance Events

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

Screenshot 2024-12-05 at 6.35.56 PM.png

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)

Against

4,344 votes

1 month ago

AIP-539: Podcastization of ApeCoin Ecosystem’s X Spaces (Resubmission)

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:

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

For

4,344 votes

1 month ago