AIP-432: ApeCoin Presents First Friday: Bridging Communities, Creativity, and Governance 

ABSTRACT

“ApeCoin Presents First Friday: Bridging Communities, Creativity, and Governance” encapsulates an unprecedented partnership that signifies more than ApeCoin becoming the presenting sponsor for First Friday events in Las Vegas. We have the opportunity to place ApeCoin at the heart of a cultural gathering that attracts 15,000-20,000 visitors on average, offering unparalleled exposure and the access to creative collaborations within a community rich in art and innovation. This is a six month deal that will run from July-December of 2024, the prime time for this event. We also will be given the opportunity to renew on a longer term basis after this initial six months is completed.

It heralds a holistic collaboration aimed at enhancing ApeCoin’s visibility and embedding it deeply within the local cultural and artistic milieu. This partnership is a strategic alliance, underscoring a commitment to support communities that resonate with creativity, innovation, and progressive governance. By integrating ApeCoin into these seminal community events, we’re not only expanding our reach but also aligning seamlessly with our core mission to foster an ecosystem where technology and creativity intersect harmoniously. “ApeCoin Presents First Friday” is set to celebrate the fusion of digital innovation with the arts, setting a precedent for the role of Web3 in cultural and community engagement.

BENEFIT TO APECOIN ECOSYSTEM

This partnership extends beyond mere sponsorship, bringing multifaceted benefits to the ApeCoin ecosystem, the city of Las Vegas, and its governance framework:

Amplified Brand Exposure and Community Engagement: As the presenting sponsor, ApeCoin secures prime visibility across all First Friday communications, including official banners prominently displayed throughout the event, mentions in press releases, and a dedicated section on the First Friday website with a hyperlink to ApeCoin’s platform. This comprehensive exposure ensures ApeCoin’s presence is palpable, reaching an expansive audience of artists, enthusiasts, and city dwellers.

Dedicated Space for ApeCoin and Web3 Exploration: Perhaps the most significant advantage of this partnership is the allocation of a large, dedicated area at each First Friday event. This space will serve as the epicenter for presenting ApeCoin and its array of AIP-approved projects. It’s an opportunity to engage the community directly, showcase the practical applications of ApeCoin, and provide a tangible experience of the possibilities within the Web3 ecosystem. This space also allows us to bring in a swath of presenters, who can use our space to showcase their own aligned initiatives, whether that be web3 driven projects or local initiatives.

Strengthened City and Government Relations: The partnership positions ApeCoin as a cultural and economic contributor to Las Vegas, fostering positive engagements with local government and policy makers. This proactive involvement aims to solidify Web3’s role in the city’s future, advocating for a regulatory environment that champions digital innovation.

Foundation for Additional Local Partnerships: Engaging with First Friday opens the door to numerous collaborations within the Las Vegas community, from cultural institutions to technology innovators. These partnerships will be instrumental in solidifying ApeCoin’s presence and influence in the local ecosystem, driving broader acceptance and integration of Web3 technologies.

Catalyst for Web3-Friendly City Development: Beyond immediate brand visibility, this initiative embodies ApeCoin’s commitment to embedding digital currencies within the social and economic fabric of Las Vegas. By demonstrating the value of ApeCoin through community-centric events, we pave the way for Las Vegas to emerge as a beacon for blockchain and digital currencies, inspiring other cities to explore similar collaborations.

Exclusive Benefits as Presenting Sponsor: The array of exclusive benefits, including creative control over the dedicated area, input on featured content and activities, and the ability to highlight ApeCoin’s contributions to the Web3 community, underscores the strategic value of this partnership. It provides a dynamic platform for engaging with a diverse audience, educating them on the benefits of digital currencies, and showcasing the tangible impacts of ApeCoin and its projects on the local community.

In sum, “ApeCoin Presents First Friday” is a landmark initiative that transcends traditional sponsorship. It’s a comprehensive strategy aimed at fostering long-term engagement with the Las Vegas community, promoting the adoption of Web3 technologies, and establishing ApeCoin as a pivotal force in the cultural, economic, and governance landscapes of Las Vegas. Through this partnership, we envision a future where ApeCoin is integral to the city’s vibrant cultural scene, supported by a governance framework that embraces the transformative potential of digital currencies.

Sponsorship Details
As the Presenting Sponsor for First Friday, ApeCoin commits to a dynamic and multifaceted involvement, both in terms of what we provide and facilitate. This sponsorship is tailored to leverage ApeCoin’s unique position within the Web3 ecosystem, offering a blend of technological innovation and community engagement at one of Las Vegas’s most anticipated monthly cultural events. Here’s a detailed breakdown of our contributions and facilitations:

Dedicated Exhibition Space: ApeCoin will have access to three 10x10 spaces within the event premises, and a prime location at Boulder Plaza of a 30x60 space reserved for interactive activations. This large dedicated area will serve as a hub for showcasing ApeCoin and its other AIP-approved projects, allowing for immersive experiences that include AI NFT digital art collectibles and educational activities powered by ApeCoin.

Creative Collaborations: The space will be utilized to foster creative collaborations, highlighting the intersection of art and technology. It will feature installations and exhibitions from artists within the ApeCoin community, including those focused on digital and NFT art, providing a platform for these artists to gain exposure and engage with a wider audience. We have already had a great interest in these collaborations, so this proposal would allow us to capitalize on these opportunities.

Brand Visibility: As part of the sponsorship agreement, ApeCoin will be prominently featured on official banners and other event marketing materials. This includes the ApeCoin logo on the monthly event poster, displayed across various platforms, ensuring significant brand visibility. Additionally, three banners provided by the sponsor will be strategically placed throughout the event to maximize exposure. These banners may include QR codes to direct attendees to more information about ApeCoin and its ecosystem.

Website Affiliation: ApeCoin will be featured on the First Friday website with a hyperlink, facilitating easy access for event-goers interested in learning more about ApeCoin, its values, and its projects. This online presence will be complemented by a dedicated social media post on one of First Friday’s platforms each month, further enhancing ApeCoin’s visibility.

Media and Press Engagement: The sponsorship ensures ApeCoin a mention in First Friday’s press releases each month, amplifying our reach beyond the physical event to the broader public and media outlets. The presence of ApeCoin in Las Vegas will be difficult to overlook.

Photos and Videos: Leverage high-tier local production companies to capture professional-grade photos and videos of ApeCoin’s presence and activities during First Friday events. This content will be utilized to further boost ApeCoin’s marketing and community engagement efforts across all digital platforms, showcasing the vibrant interaction between ApeCoin, artists, and attendees.

Marketing Materials to Give Away: Produce and distribute a range of high-quality, visually appealing marketing materials such as brochures, flyers, posters, and ApeCoin-themed merchandise. These items will not only serve as a tangible reminder of the ApeCoin experience at First Friday but also as educational tools to foster a deeper understanding and interest in ApeCoin and the broader Web3 ecosystem.

Educational Materials and Workshops: Develop and offer comprehensive educational materials, including an educational video and printed resources curated with insights from ApeCoin experts. Host workshops and interactive sessions during the First Friday events to educate attendees on ApeCoin, blockchain technology, and the importance of digital currencies in the arts and beyond. These initiatives are designed to demystify ApeCoin for newcomers and enrich the understanding of existing enthusiasts.

Ability to Host Events Year-Round: Beyond the monthly First Friday events, leverage the partnership to host additional events, showcases, and activations throughout 2024. These events will not only maintain the momentum and engagement generated during First Friday but also strengthen ApeCoin’s ongoing relationship with the local community, artists, and city officials. Through year-round events, ApeCoin will solidify its presence and influence within the Las Vegas arts and cultural scene.

By aligning with First Friday, ApeCoin establishes a significant presence within the Las Vegas art community and pioneers the integration of digital innovation into cultural events. This partnership, enriched by comprehensive educational initiatives, engaging marketing materials, and the ability to host year-round events, showcases ApeCoin’s commitment to promoting Web3 technologies, fostering community engagement, and enhancing its ecosystem through the arts.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 225,000 APE

The budget for the “ApeCoin Presents First Friday” initiative is carefully crafted to ensure comprehensive coverage of all activities and engagements associated with the partnership, aiming for a high-quality execution. Below is a detailed breakdown of the estimated costs, reflecting the investment in making ApeCoin the presenting sponsor and enhancing its community engagement and visibility:

First Friday Presenting Sponsorship:
Cost: 60,000 APE
Six months presenting sponsorship fee for First Friday events, ensuring ApeCoin’s premium exposure and engagement in the vibrant Las Vegas arts community.

Events and Partnerships Manager:
Cost: 40,000 APE
Compensation for a dedicated manager to oversee and enhance the collaboration between ApeCoin and First Friday, including managing partnerships and event execution.

Additional Staffing for Events:
Cost: 18,000 APE
Additional personnel for event days, providing necessary support for setup, operations, and breakdown, ensuring each First Friday event runs seamlessly.

Marketing Material Funds:
Cost: 10,000 APE
Creation and dissemination of promotional and educational materials to effectively communicate ApeCoin’s value and mission at events.

First Friday Event Logistics:
Cost: 25,000 APE
Comprehensive logistical support including tents, stages, power supplies, sound systems, and more, to create an immersive and branded experience for event attendees.

Collaborations Fund:
Cost: 15,000 APE
Funds designated for initiating meaningful collaborations with artists, businesses, and educational initiatives within the Las Vegas community to deepen ApeCoin’s local engagement.

Digital Media Fund:
Cost: 30,000 APE
Significantly increased budget to support the production of high-quality digital content that showcases ApeCoin’s initiatives at First Friday, including videos, live streams, and interactive media for broader audience reach.

Social Media Fund:
Cost: 10,000 APE
Targeted social media campaigns to promote ApeCoin’s involvement in First Friday, driving awareness and engagement through platforms like Instagram, Twitter, and Facebook.

Event Technology Setup:
Cost: 5,000 APE
Setting up advanced digital displays and integrating ApeCoin payment technology to facilitate transactions at the events, showcasing the practical application of ApeCoin in real-world settings.

Miscellaneous and Contingency Costs:
Cost: 12,000 APE
A strategic reserve to cover unexpected expenses, ensuring the initiative can adapt to unforeseen challenges and capitalize on emergent opportunities throughout the year.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-432-apecoin-presents-first-friday-bridging-communities-creativity-and-governance/23364

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