AIP-224: Ape Protocol Extension (.ape domains )

Hi ApeCoin DAO Community,

@Evil has completed editing their AIP Idea to be their AIP Draft. It has been assigned an AIP ID of AIP-224.

Follow this Topic as further updates will be posted here in the comments.

Kind Regards,

-Amplify

3 Likes

Hi @Evil. Very cool proposal. Do you have any plan for ensuring that the APEjs package is incorporated by popular dApps? eg Metamask?

6 Likes

Hey Waabam! Ty for having a look at our proposal.
Honestly, cant say much about MM and other popular things like etherscan and more, but for sure this is in plan under marketing section.
Reaching out to not just wallets but marketplaces as well in order to integrate the package.
Sadly, cant ensure what the future holds but both dApps and centralized exchange is in our radar.

2 Likes

Hi ApeCoin DAO Community,

Our team has reviewed and discussed @Evil’s AIP Draft and have sent a list of initial questions. We await answers.

Follow this Topic as further updates will be posted here in the comments.

Kind Regards,

-Amplify

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Hi ApeCoin DAO Community,

@Evil has responded to our questions and they are in our review once again.

Follow this Topic as further updates will be posted here in the comments.

Kind Regards,

-Amplify

1 Like

Hi ApeCoin DAO Community,

@Evil has responded to our questions and has provided consent to share them in this forum for the community.

Click to Expand Questions and Answers
  1. The AIP says: “The stable price oracle inside of the ens repository will need to be maintained by the Ape Coin DAO these processes will be developed by Solidity.io 3.” Question: What does the DAO need to do to maintain the price oracle inside of the ENS repository?
  • Author: " Solidity will develop the price oracle as well and the method to maintain the oracle however ape coin will be responsible for the long term maintenance as oracles go down sometimes. The ape.js package will have little to no per dependencies and work in every place that end does. "
  1. Do you have any plan for ensuring that the APEjs package is incorporated by popular dApps? eg Metamask?
  • Author: To answer this, same as I’ve responded to the original thread by a community member. We’ll be reaching out to various wallets , both centralized and decentralized to make this happen under marketing only. This wont be limited to just exchanges and wallets but other popular medium like play2earn games and more. Also under 2. Maintenance and Deployement 's 3rd segment " Integrations Engineer " exist for the very same reason. That’s why we plan to have a dedicated engineer for such integrations itself.
  1. Are there any potential legal risks associated with the activities of this AIP?
  • Author: Discussed with team, there seem to be no potential legal risk around this and the AIP.
  1. What are the Objectives and Key Results which have been identified for your project?

Author: Objectives are to use $ape as a mode of payment for primary payment across this dApp and whatever events that will follow. A minimum required number of $ape to mint the names, as well as secondary sales. It ultimately depends on the buyer and seller. Another objective is to make the name mass adopt by the current active community as well as the new audience that will start exploring web3 and crypto all together. A way where each user can identify each other.

Key results will include how $ape can act as a primary currency, be it during price fluctuation, demand and other factors. As of now there hasnt been any services that has $ape has the sole way of exchanging products.

  1. Please elaborate on the teams’ expectations for the future.
  • Author: We expect and will work towards making APE extensions as name to be widely accepted by the community members within $ape and outside its ecosystem. I truly believe that .ape can become a mainstream name and domain service just like .com and .eth in both web2 and web3 environment.
  1. Is the Ape Foundation expected to engage in any of the steps of the AIP implementation? If so, please specify the step and elaborate how it is expected to work.
  • Author: No.
  1. Have you or your team identified any additional financial, operational, or brand risks associated with this AIP?
  • Author: We dont see any risk associated with this AIP as of now. Once pass, we will be working towards creating this as a brand of its own that came out of Apecoin DAO.
  1. Do you provide consent to share these questions with the community in this forum?
  • Author: Yes

A DAR package is being worked on and upon completion this AIP will move into Administrative Review. Follow this Topic as further updates will be posted here in the comments.

Kind Regards,

-Amplify

Decent idea but way too expensive

Hey @secengjeff !
Would love to know how and why you think this can be too expensive?
Compared these too other projects that usually receive funding to create such things are fairly high, also when we as a team were creating a budget, I took reference to current competitive salaries and still deducted 10%-ish from the specific roles.
My reference was angel listings.

1 Like

Hi ApeCoin DAO Community,

We have no further questions for @Evil. This AIP is now under Administrative Review.

Follow this Topic as further updates will be posted here in the comments.

Kind Regards,

-Vulkan

1 Like

Hi ApeCoin DAO Community,

After review, this Topic submitted by @Evil is ready for vote. The proposal will be posted on Snapshot at the next weekly release, which is every Thursday at 9PM ET.

Kind Regards,

-Amplify

1 Like

This proposal is live for Snapshot vote at Snapshot. The voting period closes next Wednesday at 9PM EST.

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimize for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

Hi ApeCoin DAO Community,

The voting has closed for this proposal and it has not been accepted.

This Topic will be moved to and remain in the Rejected AIPs subcategory.

-Vulkan

1 Like