Welcome back for another issue of The Bulletin Bored, where I provide news, analytics, and other information on the Apecoin DAO. In case you missed it on the Forum, I have decided to step down from my role as DAO Secretary effective March 31, 2024. You can read my letter to the community here.

It has been an honor to serve the community as both a WG0 Steward and then DAO Secretary. I want thank the community and specifically the Governance Stewards for giving me the opportunity to do so. I have learned a lot in these roles, both personally and professionally.

Some have asked what’s next. I’m not really sure yet, but I do plan on continuing to write this newsletter each week and possibly building it out even further. Thank you for continuing to join me in my journey.

Thanks for reading this week’s edition! I pour my heart into this every week. If you find this newsletter helpful, it would mean a lot to me if you could recommend it to a friend to help me grow my network. You can also subscribe for free below.

^{By subscribing to this publication you give consent to use your email to send you issues of its newsletters. You can view my Privacy Policy here.}

🗓️ Schedule

✍️ Stat of the Week

Congratulations to the community for approving 100 proposals over the past two years.

For more analytics like this on the ApeCoin DAO, please check out my Dune Dashboard here and subscribe to my YouTube channel here.

🗳️ AIP Live Voting

There are six proposals in the Live Voting stage this week. Voting ends at 6 PM PST on Wednesday 4/3. You can view the proposals and vote on Snapshot here.

(voting results below as of Sunday night PST, March 24th)

AIP-393: Proposal to stake 2.5 Million $APE into the Cyan ApeCoin Vault 

This proposal is requesting 2.5 million ApeCoin to stake directly into the Cyan ApeCoin Vault until the emissions expire, upon which all funds would be returned to the DAO.

Cyan would pass through 100% of the yields from the 2.5 million ApeCoin to the DAO and they would also share 50% of the revenue generated by staking activities with the DAO.

In addition to the 2.5 million ApeCoin (which would be scheduled to be returned to the DAO) this proposal is also requesting $13,504.

This cost would cover a 0.30% deposit fee, which is universal across all Cyan vaults. At estimated APEUSD prices of $1.80, it would be approximately $13,500. An estimated $4 gas fee would also be added.

You can find the full proposal, including a detailed cost breakdown, here and the voting results as of March 24th are below.

AIP-395: .APE - Launching the Real .APE Top-Level Domain on the Internet

ICANN (The Internet Corporation for Assigned Names and Numbers) is planning to open applications for new top-level domains (TLDs).

This proposal aims to create the .APE top-level domain (TLD) as a real-world asset (RWA) during the upcoming ICANN application round, which the proposal team anticipates could open as soon as 2025. The application would take approximately one year to prepare and would be led by D3, a next-generation identity company focused on bridging the gap between traditional Internet infrastructure and Web3.

This proposal is asking for three million ApeCoin, broken down in the chart below. All proceeds would be used to apply for, market, and launch the .APE domain extension. The DAO would receive 50% of all gross revenue generated from the *APE name tokens and the .APE Top-Level Domain. Any remaining funds would be directed towards revenue-generating activities including performance-based marketing and sales.

You can find the full proposal, including a detailed cost breakdown, here and the voting results as of March 24th are below.

AIP-402: $APE as a Fuel for Mobile Growth to Help Make Dookey Dash a #1 Hit Game

This proposal aims to encourage more games to implement ApeCoin in their ecosystems and market those games to the masses. According to the AIP, the team “[aspires] to amplify global awareness of [ApeCoin] and create a precedent for how [ApeCoin], through targeted ad spend across major ad networks, [could] fuel new demand for [ApeCoin] in an ROI positive manner.”

The team behind this proposal includes Superfine, a Made By Apes company, and Faraway, the studio behind Dookey Dash. They are asking for $150,000, which would be sent to a Superfine wallet. 100% of those funds would go to campaigns dedicated to the growth of Dookey Dash. Superfine would not charge any fees and would have a team in place to manage the campaigns.

You can find the full proposal, including a detailed cost breakdown, here and the voting results as of March 24th are below.

AIP-403: ApeCoin DAO Marketing & Communications (MarComms) Working Group Budget 

This proposal is requesting funding for the first six months of operations of the Marketing & Communications Working Group. It lists the following Objectives and Key Results (OKRs):

• Brand Strategy & Development

  • Brand Guidelines

  • Dynamic Public Relations & Communications Strategy

  • Content Ecosystem

  • Additional Content Needs

• Community & Culture

  • Establishing Tent Pole Events for ApeCoin Community

  • Partnerships Support Deployment

  • Powered By ApeCoin (PBA) Reward

• Management

  • Personnel

• Administrative

  • Non-Profit LLC

  • Legal

  • Bookkeeping & Accounting

It is asking for $493,500, broken down as follows:

You can find the full proposal, including a detailed cost breakdown, here and the voting results as of March 24th are below.

AIP-404: ApeCoin DAO Metaverse Working Group Budget 

This proposal is requesting funding for the first six months of operations of the Metaverse Working Group. It lists the following Objectives and Key Results (OKRs):

• OKR1: Establish the Metaverse WG non-profit legal entity

• OKR2: Develop a strategy for the development, purchase and usage of DAO owned Metaverse assets

• OKR3: Build and support the ApeCoin Creators Assembly

• OKR4: Promote the ApeCoin Metaverse Working group initiatives both online and offline

• OKR5: Lay the groundwork for a mass adoption of ApeCoin in Metaverse, Gaming platforms and Services

It is requesting $415,000, broken down as follows:

You can find the full proposal, including a detailed cost breakdown, here and the voting results as of March 24th are below.

AIP-407: ApeCoin Sponsorship for WebX2024 

This proposal is requesting funding for the ApeCoin DAO’s participation in WebX2024, a Web3 event in Asia. The sponsorship would include DAO members as speakers, a dedicated booth, mascot, and side events.

It is asking for $205,000, broken down as follows:

• Sponsorship: $100,000

• Booth Production: $30,000

• Side Event: $30,000

• Staff Expenses: $20,000

• ApeKin Mascot: $5,000

• Marketing Materials: $20,000

You can find the full proposal, including a detailed cost breakdown, here and the voting results as of March 24th are below.

🗳️ AIP Completed Voting

There were three proposals that completed the voting process last Wednesday. Here are the final results for each:

Thanks for reading this week’s edition! If you find this newsletter helpful, please consider recommending it to a friend to help me grow my network.

Disclaimer: As part of Apecoin DAO AIP-66, my grant agreement previously included the Ape Foundation sending me 400 Apecoin per month for delivery of this newsletter. Nothing said by me in this newsletter or on Twitter should be construed as financial or legal advice. All views and opinions in this newsletter are my own and not representative of the Ape Foundation or Apecoin DAO in any way. The purpose of this newsletter is to inform the community about news, proposals and what is happening inside the Apecoin DAO and BAYC ecosystem, not a promotion of Apecoin, any project, or anything else in any way. By subscribing to this publication you give consent for me to use your email to send you issues of the publication’s newsletters and podcasts. You can view my Privacy Policy here.