The Bulletin Bored: Thank You Gerry 🧡

Issue 78

Welcome back for another issue of The Bulletin Bored, where I provide news, analytics, and other information on the Apecoin DAO. For those traveling to Hong Kong for ApeFest, I hope you have a fun and safe trip. Unfortunately, I won’t be able to make it this year but it looks like the community is setting up a ton of fun events, including the one below.

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Schedule

DAO Stats

Bored News

Last Wednesday, Gerry announced he will not be seeking re-election for the Special Council role. With his current term set to expire at the end of this year, I wanted to take a moment to thank Gerry for everything he has done for both the DAO and entire web3 community.

From generously making banners for those who asked to playing a significant role in the DAO Administrator transition, he has had a tremendous positive impact in our space. I’ve learned so much from him the past year.

While he won’t be on the Special Council, he will still be active in our community. I look forward to seeing what’s next for Gerry.

Secretary Corner

Election season kicks off this week with the following eight positions to be filled. Be on the lookout for additional announcements and information later this week.

  • Special Council (3 seats - Gerry*, BoredApeG*, Vera*)

  • Governance Steward (1 seat, Amplify*)

  • Metaverse Steward (2 seats)

  • Marketing & Communications Steward (2 seats)

*Can run again

Delegation Domain

  • Governance Steward All City hosted the inaugural Global Community Council meeting last Thursday. Nine delegation groups and around 20 speakers attended the first meeting. You can find the summary and meeting notes below.

  • A new delegation group has formed in the DAO. Kodama and the rest of the newly formed megakodas.eth delegation group started voting this past week

  • For those attending ApeFest, the Elite Apes HK, Mocaverse, and Animoca Brands will be co-hosting a cruise party this Sunday, November 5th from 5-9pm

Chart of the Week

Hats off to the community members who have filled the Special Council and Facilitator roles over the past year. The average time it takes an AIP to go up for a vote has decreased from 96.74 to 60.93 days, a 37.02% decrease.

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 five proposals in the Live Voting stage this week. Voting ends at 6 PM PST on Wednesday 11/1. You can view the proposals and vote on Snapshot here.

AIP-320: The Sweep: For Accelerating Web3 Gaming Adoption

This proposal is requesting $9 million to buy 100 Bored Apes and 200 Mutant Apes, hold them in a DAO-controlled wallet, and allow game companies to submit proposals requesting them for game prizes and rewards.

The NFTs would be purchased using an aggregated NFT marketplace and held by the DAO until requested by future AIPs. Any unused funds would be returned to the DAO treasury.

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

AIP-326: Platform to Enable ApeCoin Powered Payments & Rewards for Apps & Games

This AIP proposes the creation of a low-code platform to enable all of the required infrastructure for ApeCoin powered payments and rewards for games. The primary focus would be browser and mobile games but the platform would also be applicable to any web or mobile application.

Example in-game NFT Item Shop, currently available in Flappy Koda V2. Image taken from https://forum.apecoin.com/t/aip-326-platform-to-enable-apecoin-powered-payments-rewards-for-apps-games/17725

It is requesting $480,000, broken down as follows:

$340K - Platform Design & Development

  • $110K Allocated to CR3 Labs/Vora Labs Joint Venture:

    • Product architecture, design, and management - $20,000

    • Unity Template Design & Development - $30,000

    • Unity SDK - $50,000

    • Backend Development Support - $5,000

    • Dashboard / UI Development Support - $5,000

  • $230K Allocated to Solidity.io:

    • UI/UX Design - $15,000

    • Admin Dashboard UI Development - $25,000

    • Player Dashboard UI Development - $25,000

    • Backend/API Development - $46,000

    • Typescript SDK (server) - $15,000

    • Typescript SDK (client) - $15,000

    • Smart Contract Development - $54,000

    • Smart Contract Audit - $20,000 (third party)

    • Platform security audit/testing - $15,000 (third party)

$140K - Marketing, Biz Dev, Partnerships, Community, Legal

  • $135K Allocated to CR3 Labs/Vora Labs Joint Venture:

    • Business Development, Partnerships - $40,000

    • Developer Relations - $20,000

    • Marketing - $25,000

    • Illustrations, Videos & Marketing Assets - $24,000

    • Community management & moderation - $8,000

    • Event management - $8,000

    • Legal - $10,000

  • $5K Allocated to Solidity.io:

    • Marketing - $2,500

    • Legal - $2,500

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

AIP-335: Bored Ape Gazette Powered By ApeCoin

This proposal is requesting funding for another year to enable the Bored Ape Gazette to continue with the content currently being produced and add weekly Twitter Spaces and daily short-form animated video content.

It is requesting $150,000, broken down as follows:

  • Content Creation $120,000

    • 1460 articles

    • 365 animated videos

    • 48 Twitter Spaces

    • 26 Keeping Tabs on The Lab Newsletters

    • 26 ApeCoin DAO-N Low Newsletters

    • $63.93 per article/video/ newsletter

  • News video animations: $18,000

  • Language plug-in: $1,200

  • Additional website building and new Ape Analytics: $10,000

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

AIP-338: The First ApeCoin Sponsored Competitive E-Sports Tournament with Wreck League

This proposal is asking the community to approve the organization of the Wreck League ApeCoin Tournament and allocate $50,000 of ApeCoin to be distributed among the winners of the tournament. The contest would be based on a two-stage tournament structure:

  • Qualification Stage in a leaderboard format

  • Tournament Finals in the Wreck League brackets competition format as seen recently in the Wreck League Founders Cup

The top 150 players in the tournament would win ApeCoin rewards according to the following table:

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

AIP-350: Shaping Success: Building a Stronger Future with new Special Council Pay

This proposal presents the community with the opportunity to restructure the annual pay of the Special Council if they choose to do so. The community has the following three options to choose from:

  1. Option 1: 125,000 USD + 50,000 USD in ApeCoin (calculated using the ApeCoin price on the first day of the SC term and vesting on the annual anniversary of such term)

  2. Option 2: 125,000 USD

  3. Option 3: None of the above (leave SC pay as is)

All base pay would be paid monthly over the one-year term and the new payment structure would apply to any Special Council member terms commencing January 1, 2024 onward.

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

AIP Completed Voting

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

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 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.

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