The Bulletin Bored: Holding the DAO Accountable

Welcome back for another issue of The Bulletin Bored, where I provide news, analytics, and other information on the Apecoin DAO. As part of my Secretary mandate, I’ve created a Milestone Tracker and have been reaching out to authors of approved AIPs to follow-up on the status of their projects. It’s been great to hear from these authors as they’ve shared with me the progress they have made thus far. Expect to see updates from a few of them on the Forum soon.

• The election period for two Forum Facilitators is currently in progress and ends on Wednesday (5/24)

• The two elected Forum Facilitators will begin their term on 6/1

• The Governance Working Group Steward Application Period is now closed; the KYC process is underway and accepted applications will have their associated profiles posted to the Forum next week

• The Special Council Application Period is also closed; the KYC process is underway and accepted applications will have their associated profiles posted to the Forum next week

I’ve made additional updates to my Milestone Tracker database since last week. Here’s a breakdown of the progress made.

I’m continuing to reach out to authors to find current statuses on the TBD items. Stay tuned.

Reminder for authors: You can post in the Discourse thread or fill out this form to let us know of any updates you have.

Are you curious how many wallets have chosen each voting option? Here is a breakdown of the last 20 proposals.

For more analytics like this on the ApeCoin DAO, please check out my Dune Dashboard here.

The Discourse Forum Facilitator Election is currently in progress. Voting ends at 6 PM PST on Wednesday 5/24. You can vote on Snapshot here.

There are also three proposals in the Live Voting stage this week. Voting ends at 6 PM PST on Wednesday 5/24. You can vote on Snapshot here.

This proposal is requesting funds to feature Bored Ape Yacht Club as the pilot collection of the NFTCG Generation 2 card game. Each physical trading card would contain an immutable private key that ties itself to a token on the Ethereum blockchain.

Each booster pack in this pilot collection would cost $15 and be exclusively payable in ApeCoin. The proposal states someone who holds the following would receive the following discounts:

• Holding 100 ApeCoin would result in a 2.5% site-wide discount

• Holding 1,000 ApeCoin would result in a 5% site-wide discount

• Holding 5,000 ApeCoin would result in a 10% site-wide discount

Five percent of revenue generated from NFTCG Generation 2 “Going Bananas” and all future Yuga Labs related collections would be allocated based on a future ApeCoin DAO decision. The proposal lists the following options:

• Redistribute it back to the ApeCoin DAO community

• Burn it

• Donate it to a charity of the community’s choice

The proposal is requesting $55,885 (in ApeCoin), broken down as follows:

• [Phase 1] Card Selection and Final Advisory Board: $0

• [Phase 2] Illustration & Designs: $4,630

• [Phase 3] NFTC Chip Manufacturing, Calibrating, and EIP-5791 Creation: $42,230

• [Phase 4] Booster Pack Manufacturing and Packing: $6,645

• [Phase 5] Website Development and Launch: $2,380

You can find the full proposal, including a detailed cost breakdown, here and the current voting results are below.

This proposal aims to create and deploy [.ape] name extensions, which would include a dApp, Domain Resolver, and Protocol Logic. The steps to implement would include:

• dApp creation

• Beta testing

• Extension Mint Phase 1 (BAYC/MAYC only)

• Extension Mint Phase 2 (ApeCoin holders, limited to one extension)

• Extension Mint Phase 3 (everyone)

• Extension Mint Phase 4 (premium names, characters, emojis)

The proposal is requesting 67,900 ApeCoin, broken down as follows:

• Infrastructure : 25,000 ApeCoin

• Maintenance and Deployment : 24,600 ApeCoin

• Community Management : 18,300 ApeCoin

You can find the full proposal, including a detailed cost breakdown, here and the current voting results are below.

This proposal is requesting to offer 1,500 “Apebook” seed phrase notebooks to DAO members. The author states anyone who has voted on at least one Live AIP via Snapshot would be eligible to claim an Apebook.

Below are the milestones listed in the proposal:

• Product design: 1 week

• Prototype: 2 weeks

• Product testing: 3 days

• Production printing: 6 weeks

• Notebook distribution: 7 days

• Customer Support evaluation: Ongoing starting from the ship date

The Apebook would be free for DAO members but the proposal is requesting $47,200 (in ApeCoin) for development, printing, production, and shipping.

You can find the full proposal here and the current voting results are below.

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

Thanks for reading this week’s edition! As mentioned above, a lot of ideas are being proposed on the Discourse forum nearly every day. If you have one of your own and are unsure where to begin, please reach out to me so I can help you get started.

Disclaimer: As part of Apecoin DAO AIP-66, my grant agreement includes 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 or 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 to use your email to send you issues of its newsletters and podcasts. You can view my Privacy Policy here.