AIP-227: Nothersight - Public goods for building DAOs based on islands in the Otherside

Final AIPs Rejected AIPs
16

Hi ApeCoin DAO Community,

In responding to our questions, @ayvee has provided consent to share them in this forum for the community.

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

Kind Regards,

@Lost.Admin

Questions (Click to expand)
  1. Are there any potential legal risks associated with the activities of this AIP?

No. There are only logos that will be used with permission.

  1. What are the Objective and Key Results which have been identified for your project?

Our OKRs for the first quarter after launch includes

  • 2 established working DAOs

  • 200 Monthly Active Users

  1. Please elaborate on the team’s expectations for the future.

Our vision for the project is to facilitate and help push the community to form DAOs to build and collaborate as the Otherside is gaining traction. With the release of the ODK, we see people building together on their island providing value for the ecosystem. To facilitate these DAOs, our platform will:

1. Have an aggregator (which will later transform into a marketplace) to display insight into these sub-collections (islands) with data on:

  1. Island trading volume

  2. Island trading activity

  3. Island floor price

2. Have a map that will help navigate the islands and give insights through mapping:

  1. Social aspects including data on how influential each island is based on data from Twitter such as following and global reach.

  2. Concentration of resources across islands

  3. Total ApeCoin that the members of each island hold

  4. Otherside Guilds territorial map

  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.

Retweeting a tweet or two when we are pushing our go-to-market strategy.

  1. Have you or your team identified any additional financial, operational, or brand risks associated with this AIP?

N/A

  1. Since your app would require token holders to connect wallets, what are the plans for security audits of the app?

At our current stage there will be no contract interaction as we will only provide an aggregator at first which will redirect the users to trusted marketplaces to complete the purchase. We will implement Warm Wallet to let the users feel more secure when connecting their wallet to our site. The following features would require users to sign:

  1. Updating their Otherdeed profile on the platform to configure things such as:

  2. Guild

  3. Desired island name (The Island will be named after the most chosen name by owners of otherdeeds on that island)

  1. Do you have any estimated costs for users to use the platform’s features, or any premium features ?

At the moment there are no costs as we aim for this to be a freemium tool for the community to connect and build together.

  1. Your proposal states that Nothersight would be “mainly a platform for managing islands in the form of DAOs”, can you elaborate on the implications and details of this statement ?

Otherside is formed in a way where Otherdeeds are grouped together in clusters of lands in which we call islands. We have found these islands to be a logical way of forming groups of builders to build together based on their geographical location thus we will build this tool to help facilitate forming and managing these DAOs for people on the Otherside. As Otherside will ultimately let people build on the lands, naturally people located close to each other will collaborate. Our platform will basically:

  1. Help people find Otherdeeds that are part of a desired island that they want to join.

  2. Let users set a desired name for their island. The most set name for each island will be the one displayed on the platform.

  3. Ultimately create a marketplace where people will be able to:

  4. Sweep Otherdeeds on a specific island.

  5. Bulk buy whole islands that have eg. 4 Otherdeeds that are on sale at the same time to acquire a private island containing 4 Otherdeeds.

  6. Get insight such as volume, activity, floor price, and amount of Otherdeeds for each island on the Otherside.

  7. A map of the Otherside to visualize the islands and let the users navigate to each respective island’s marketplace page to buy/sell Otherdeeds for that island.

  • Who would be facilitating governance of these “islands”?

  1. Our team will help establish the governance tools.

  2. Each DAO would need a council to lead the island in the right direction as well as setup a communication channel for the DAO to communicate before voting.

  • How?

  1. We will use snapshot.org for each of the islands as they form as DAOs.

  2. With us and the council as admins

  • Who would be participating in the governance?
  1. Users of the specific island will be able to participate in the DAO.
  • How?
  1. By voting through snapshot.org
  1. The DAO voted to approve a community Marketplace via [AIP-98] (https://forum.apecoin.com/t/aip-98-a-community-first-apecoin-dao-marketplace-proposal/8079)), how would the marketplace you’ve outlined in your proposal differ?

Our marketplace will aggregate the deeds with island data that are not available from the metadata of the Otherdeeds since this data has been gathered by our team (A good example would be how https://ens.vision/ aggregates ens sub-collections like 10k Club). The data includes:

  1. Island size (Count of Otherdeeds in the cluster)

  2. Island ID (Which island the Otherdeed is part of)

  1. Do you provide consent to share these questions with the community in this forum?

Yes we do give consent to share this with the community.

1 Like