Hi @Harry,
The AIP process as approved on AIP-1 specifies that an AIP DAR Package is prepared for review and final decisions are made by the Special Council. Upon their review, the Special Council deemed the AIP as “Return for Reconstruction” citing that the Ape Foundation will not participate in the multi-sig wallet when considering its current structure. Ape Foundation primarily provides grants - it cannot be expected to “oversee the activities to ensure transparency and consistency”.
AIPs may be resubmitted and you can get more details on this process here. Further information is available at Help and Resources to assist the community with the AIP process as well as clarify questions and misunderstandings.
Thank you for your participation and encourage you to continue sharing your ideas with the ApeCoin DAO Community.
-moderator