Summary
Overall I am in agreement to the principal of this AIP. Owning certain high value or historically relevant NFT collections, which have shown historic high value is important.
Sub-Daos are a smart move both from a functional and legal POV.
If we are looking to represent web3 culture I think we should look at all of the top 100 or 150 collections on rarity.tools, which have the rights to their IP.
Mocaverse is an interesting Sub Dao with a large voting ability. However, it would be good if this initiative leads to 50 Community Delegated Daos NOT Sub-daos (with 10-100k ApeCoin delegated) from each collection that has NFTs acquired. They would become mini Mocana’s.
10KTF created a multi-IP or Multi-Collection offering and this type of reach could be achieved here with ApeCoin.
Personally I have suggested to the BullsontheBlock community to put 10ETH into Apecoin and use the snapshot with over 1.4k signed up to function more like Mocana.eth (Snapshot)
I used BOTB as an example, but this could be one of 50 collectible projects.
For disclosure, I hold many of them, though am not part of the NFT company running the collection. FYI I also hold many other NFTs.
Outside of this current AIP scope
I would be great is Apecoin DAO added 1m ApeCoin for communities that can match up to 10k ApeCoin per community (as long as they agree to put in a gnosis wallet and not sell for 12 or 24 months TBC). This could onboard 100 communities and hundreds of thousands of potential holders.
It would be good if the Art could be displayed in various Metaverse Museums. This is a simple example I did for BOTB in Voxels - BOTB Community Wallet Art Gallery - Apartment at 3 Marble Road - Voxels
Legal
If they are owned by the sub-DAO does this count as Economic Substance for the ApeCoin Foundation or not as the sub-dao operates independently?
Also are these to be held by the community forever? or will they be sold in the future? I assume the hold period will be over 2 years for legal reasons so are long term investments. If the community can decide to sell we will enforce minimum holding times on the NFTs?
Link to Animoca?
Maybe projects that have NFTs collected and those collections engage in the ApeCoin ecosytem may have the ability to be included in future multi-IP offerings by Animoca?