botbape.eth

ABSTRACT

This no-cost proposal provides a solution for an element of second-round voting during ApeCoin DAO Working Group elections that currently restricts voters to selecting only one candidate when multiple seats for the same positions are being filled.

To fix this, we propose changing the Snapshot Strategy to weighted voting, which enables the option to distribute voting power among each of the candidates you wish to see elected.

It is important to note that we are already using this method of voting in the first-round of Working Group elections. Furthermore, under this format should you favour our existing second-round standard of single-choice voting, you can still concentrate all of your voting power on one candidate. We’re simply offering an alternative for those who wish to have a broader influence across all positions being filled.

Examples of other DAOs that utilize options to help voters to select more than one candidate when multiple seats are being filled include Arbitrum, ENS, and Optimism.

BENEFIT TO APECOIN ECOSYSTEM

1. Improved Voter Representation and Accuracy: Under our current second-round voting format, election results do not accurately represent the community’s preferences when filling multiple seats for the same role. Instead, they reflect the community’s favourite, accounting for only one seat.

2. Stronger leadership teams: By obtaining more accurate election results, our Working Groups will be formed more deliberately, empowering the community to have a greater say in selecting the best candidates for the job.

3. Enhanced governance integrity: Elections and voting mechanics are polarizing, intricate components of any governance-operated entity. Yet, by pursuing changes in logical, fair, and meaningful ways, the sentiment within the ApeCoin DAO community toward these processes will be strengthened.

4. Preserving choice while maintaining traditional voting preferences: By shifting to a flexible voting strategy, we can provide options to voters while still maintaining the ability to select only one candidate, ensuring that members who prefer that method can still participate according to their preferences.

5. Promoting inclusivity and increasing opportunities for candidates: Weighted voting in the final round of elections will enable voters to more easily endorse multiple candidates with diverse perspectives simultaneously. This system may also amplify opportunities for qualified candidates who typically need expansive networks to obtain meaningful positions within the ApeCoin DAO Working Group structure.

OVERALL COST

There is no cost to implement this proposal.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-412-streamlining-working-group-elections-improved-second-round-voting-strategy/21502

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.

ABSTRACT

This proposal seeks to extend the success of ApeCoin’s participation in WebX2024 by strategically leveraging our presence in the Asian blockchain market. Building upon the WebX sponsorship, we aim to enhance the visibility and adoption of ApeChain within the Asian blockchain communities through a comprehensive series of events, including IVS Crypto, Korea Blockchain Week, Token2049 Singapore, DAOTOKYO, ETHTOKYO, CoinFest Asia. These events will serve as pivotal platforms for showcasing ApeCoin’s innovations and fostering connections within the regional blockchain ecosystem.

BENEFIT TO APECOIN ECOSYSTEM

Participating in these events will not only amplify ApeChain’s exposure but also strengthen our ties within the Asian blockchain communities. By strategically aligning with WebX’s vision and expanding our presence in key markets, we anticipate increased adoption of ApeChain and heightened engagement within the $APE ecosystem.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund: $2.1m USD in APE

1. Sponsorship: $900,000
2. Booth Production: $200,000
3. Side Event: $450,000
4. Staff Expenses: $120,000
5. Marketing Materials: $330,000
6. Flight Tickets: $100,000

All content produced can be transferred to the Ape Foundation, marketing and communication working group or any other initiative that the foundation requests for safe keeping.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-419-expansion-of-apechain-presence-in-key-asian-events/23113

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.

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:

1. 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.
2. Enhanced Engagement: Increases engagement and loyalty within the ApeCoin community by offering tangible rewards.
3. 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.