Hi ApeCoin DAO Community,
@Xavierfreeway has responded to our questions and has provided consent to share them in this forum for the community.
- Is the Ape Foundation expected to engage in any of the steps of the AIP implementation? If so, please specify the steps and elaborate on how it is expected to work.
The Ape Foundation is not directly involved in the steps of AIP implementation. ApeCoin Pets will independently handle research, development, manufacturing, marketing, and integration with the ApeCoin blockchain.
- How will the success of the proposed initiatives be measured and evaluated?
The success of our initiatives will be measured by increased user engagement within the ApeCoin ecosystem, as well as by tracking the adoption and utilization of ApeCoin Pets products by pet owners.
- Is the payment of $250,000 requested in your AIP upfront or based on milestones?
The payment of $250,000 is requested upfront to cover research, development, manufacturing, and marketing expenses.
- Do you have an estimated cost for this product or any premium features?
We have estimated costs for product development and marketing but are open to discussing premium features based on community feedback.
- Where would this product be sold?
ApeCoin Pets products will be sold globally through our online platform and potentially through retail partnerships.
- What type of pet is this product designed for?
Our products are designed for various pets, including cats and dogs.
- a) Is there any Web3 connectivity required?
Web3 connectivity is not required for our products.
b) Is there a security audit plan in place, and will you share the audit report with the ApeCoin DAO?
While we prioritize safety, a security audit plan will be considered, and the audit report can be shared with the ApeCoin DAO if deemed necessary.
- Do you have any early prototypes for this product?
We are currently in the prototyping phase but do not have early prototypes to share at this moment.
- Have you established any manufacturing or distribution partners?
We are exploring potential manufacturing and distribution partners but have not finalized any agreements yet.
- Would additional funding be required to bring this product to market?
Additional funding may be required for marketing and scaling production, depending on the initial response to our products.
- a) Can you please provide more details in regards to the ApeCoin reward mechanics?
ApeCoin reward mechanics will be based on pet interaction with our toys, where they ‘earn’ ApeCoins. More details will be provided in the final proposal.
b) Would an additional AIP be required to allow pets to accumulate ApeCoin rewards?
An additional AIP may not be required, as our integration with the ApeCoin blockchain can facilitate rewards.
- Would you require a licensing agreement for the use of the ApeCoin logo for the implementation of this proposal?
We are open to discussing a licensing agreement for the use of the ApeCoin logo if required.
- Would your expectation be to keep complete full ownership of content produced from this proposal?
We are open to negotiations regarding ownership of content produced from this proposal and are willing to collaborate with the APE Community on this matter.
- Do you provide consent to share these questions with the community in this forum?
We provide consent to share these questions and our responses with the community in this forum for transparency.
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,
-@Facilitators