AIP-395: .APE - Launching the Real .APE Top-Level Domain on the Internet

PROPOSAL NAME:
.APE - Launching the Real .APE Top-Level Domain on the Internet

PROPOSAL CATEGORY:
Brand Decision

ABSTRACT:

ICANN (Internet Corporation for Assigned Names and Numbers), the world’s authority on IP addresses and domain names, has permissioned the second-ever instance in the history of the Internet to apply for new top-level domains (TLDs). The imminent reopening for a limited duration and potential cap on applications adds a layer of scarcity and urgency to this opportunity.

This is a proposal to create the .APE top-level domain (TLD) as a real-world asset (RWA) during the upcoming ICANN application round, which we anticipate will open as soon as 2025. The application takes approximately one (1) year to prepare and is led by D3, a next-generation identity company focused on bridging the gap between traditional Internet infrastructure and Web3.

The .APE TLD has the potential to create a lucrative, perpetual source of revenue for ApeCoin DAO, enabling growth of the community through new .APE domains, and cement ApeCoin (and $APE) as a major real-world asset with interoperability and utility at its core. D3 plans to offer a patent-pending tokenized *APE (e.g. SAM *APE) as an immediate Web3 identifier for users, while in parallel submitting the ICANN application for the real .APE TLD to enable future interoperability and native resolution seamlessly across Web2 and Web3.

D3 has quickly become the official identity service platform for numerous top Web3 communities. The team is made up of experienced industry veterans that have received accreditation by ICANN as both TLD registry operators and domain name registrars, and has decades of experience acquiring, launching, and operating 40+ TLDs, including .XYZ, .INC, .TV, and .LINK.

With D3, the ApeCoin community has a unique opportunity to apply for and launch the .APE top-level domain (TLD) with the potential to generate multi-million dollars in annual revenue that can be utilized for the DAO. D3 commits to supporting the ApeCoin DAO to establish the .APE TLD as the next phenomenon on the Internet.

TEAM DESCRIPTION:

  • Fred Hsu - CEO, D3 (BAYC #7001): Serial entrepreneur, operator, and repeat founder with a 20-year track record for building multiple high-growth, fast-to-revenue, sustainable businesses – 3 successful exits over $2 billion in lifetime revenues. Founded Oversee (acq. private equity) and founded & led Manage (acq. NASD: CRTO) & Ember (acq. GALA Games). Hired over 450 employees and scaled different business models each from $0 to $100 million+ in annual revenues.

  • Shay Chinn - CTO, D3: Chief architect and former hedge fund quant turned developer, built and architected multiple successful startups including eToys ($11B IPO) and Bridg (acq. Cardlytics, $350m), Oversee (acq. private equity).

  • Shayan Rostam - CCO, D3: Veteran registry operator, instrumental in turning .XYZ into one of the most successful generic TLDs in the world. To date, he has operated and managed more than 40 TLDs including .xyz, .inc, .link, .game and more.

  • Michael Ho - VP Growth & BD, D3 (MAYC #20512): Former web3 venture investor representing over $600 million in assets under management, led 10+ investments in Seed/Series A companies across blockchain, fintech and internet. Previously worked at Goldman Sachs where he executed over $15 billion in IPO and M&A transaction volume in the technology, media and telecommunications sector.

  • Paul Stahura - Advisory Board Lead, D3 (BAYC #4415, 4797, 8296, and more): Influential entrepreneur and visionary in the field of domain names and internet infrastructure. As the co-founder and former CEO of eNom and Donuts Inc, Paul revolutionized the domain name industry. Under his guidance, Donuts became the world’s largest registry of new generic top-level domains (300+ TLDs including .org, .au, .business, and .email). Paul was elected to serve on the ICANN Nomination Committee by the Registrar Constituency, an ICANN Stakeholder Group representing ICANN-accredited registrars.

MOTIVATION:

D3 is committed to the long-term success and growth of ApeCoin and its community. Together as partners, D3 believes the creation of the .APE TLD for ApeCoin DAO can:

  • Generate substantial revenue and value accrual back to the DAO
  • Introduce new members to the ApeCoin community through .APE domain name distribution across hundreds of registrars and resellers (e.g. GoDaddy, Squarespace, Namecheap, Alibaba)
  • Lead to greater adoption of ApeCoin in real-world applications
  • Grow and promote ApeCoin as a relevant and cultural brand

Since its inception, ApeCoin and its community have fueled a massive cultural phenomenon through the BAYC and related brands by demonstrating power through unity, decentralization, and transparency. ‘Ape-ing in’ has become an iconic phrase and mainstream euphemism, ranging from arts to humor and Web3 culture. However, few initiatives have delivered substantial growth, let alone material recurring revenue, utility, and RWA (real-world asset) value back to ApeCoin and its community. There is an imminent need for a comprehensive, all-in-one solution that not only facilitates the growth of the brand and community, but also empowers decentralization that ensures real utility for users, all while strategically driving revenue growth.

BENEFIT TO THE APECOIN ECOSYSTEM:

D3 and its affiliates will leverage its deep industry experience and accreditation to apply for and launch the .APE TLD, on behalf of the ApeCoin DAO, in the upcoming ICANN application round for new top-level domains. The .APE top-level domain will provide perpetual branding, utility, and revenue generating potential for the ApeCoin community while expanding ecosystem adoption through D3’s innovative registry and registrar, focused on top Web3 communities.

Name Tokens – Accelerating Launch and Go-To-Market

Name tokens are D3’s patent-pending methodology to distribute and scale the APE community well in advance of the establishment of .APE as a real TLD by ICANN. They offer a wide range of Web3 utility, including being used as memorable multi-chain wallet addresses, cross-platform Web3 usernames, decentralized infrastructure identifiers and more.

D3 name tokens also act as expressions of interest for our domains, and token holders will have early access to the TLDs we launch in the future (such as .APE). *APE name tokens, or Ape Names, will be displayed on D3’s marketplace alongside other community name tokens partnered with D3 to pursue a TLD application. Just like purchasing a domain name, users will pay annual fees to own an Ape Name, creating an important evergreen revenue source for the DAO.

Importantly, unlike other web3 name services, name tokens are designed to accommodate D3’s application for the .APE TLD in accelerating revenue generation for the ApeCoin community while creating future utility. D3 is committed to providing the ApeCoin DAO a real-world asset in the .APE TLD.

Bringing Real-World Utility To ApeCoin

The Domain Name System (DNS) is critical Internet infrastructure that has been instrumental in the adoption, growth and accessibility of the Internet. The .APE TLD will unlock a multitude of real-world applications, combined with existing Web3 utility.

These interoperable identities will leverage D3’s extensive DNS distribution network, while allowing a user’s .APE domain to serve as a website and email address, as well as multi-chain wallet address, cross-platform user name, serve verifiable credentials and more. The DNS is a secure, well established source of truth that will combat the growing number of unapproved, Web3-specific .APE names that have sprouted recently attempting to cash in on the ‘Ape’ brand in bad faith.

This comprehensive approach leverages our domain expertise to not only advance ApeCoin’s recognition within the blockchain community, but also to position it as a versatile and widely adopted asset with relevance in both Web3 and real-world scenarios.

ApeCoin Community Growth & Brand Expansion

The Apes community is known for its strong bonds, and D3 has exciting plans to enhance this bond further. Upon approval of our proposal, D3 intends to provide each Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT holder with a relevant *APE name token (eg. MACHI * APE, 7065 * APE) as an immediate Web3 identity solution for users until the real .APE TLD is launched. Currently, Apes use numbers to identify themselves, but with Ape Names, they will have dedicated digital identities that add even more value to their existing personas.

In addition, members of the ApeCoin community will have the exclusive opportunity to gain early access to other *APE name tokens before they are made available to the public. Following this Right of First Refusal period, *APE name tokens will be offered to the public. These *APE name tokens will serve as representations of the ApeCoin brand and community within D3’s marketplace and across the globe.

Once we have acquired and launched the .APE TLD, real .APE domains will not only work with Web3, but they will also natively resolve on the Domain Name System (DNS) for mainstream functionality like websites and email. .APE will establish a lasting brand presence on the internet and create unique, universally recognized native identities across Web2 and Web3, which can take advantage of the inherent benefits of each. D3’s approach opens the floodgates to a non-Web3 audience, expanding ApeCoin’s reach and fostering adoption among a broader demographic, thus contributing to the long-term value accrual for ApeCoin.

Leveraging D3’s registrar network and Web2 distribution channels offers the opportunity for exponential market growth. D3 also specializes in enterprise adoption of domains by closely collaborating with the largest corporate agents in the world to educate brands on the unique benefits of our TLDs.

Long-Term Recurring Revenue Generation

Similar to .COM and .XYZ, .APE has the potential to create a new source of fast-growing recurring revenue while providing a unique, liquid, and tradeable RWA.

A few real-world examples highlighting the value of top-level domains and domains include:

  • .app acquired by Google for $25 million
  • .shop acquired by GMO for $42 million
  • .web acquired by Verisign for $135 million
  • voice.com sold for $30 million
  • NFTs.com sold for $15 million

Namespaces are incredibly attractive and strategic opportunities, as seen from the proliferation of the Ethereum Name Service (Web3 .eth names) which has registered over 3M names in its lifetime. Per Dune Analytics, ENS generated over $2M in revenue in Dec 2023 from registrations and renewals, implying an annualized run-rate revenue of $24M.

With the expertise from D3’s veteran team, the .APE TLD could become the next REAL, big domain extension, with the potential to drive thousands of monthly domain transactions that can generate millions in annual recurring revenue.

Illustrative Revenue Projection

Key Assumptions:

  • Initial ramp of 10% of ~130K APE wallet holders purchasing domains, growing yearly
  • Mix of standard domains ($10-30/yr) and premium domains (more than $100/yr)
  • Growth of registration base over time attributed to new user acquisition and ApeCoin community growth
  • Revenue accounts for new domain registrations and renewals

D3 will operate as the accredited web infrastructure partner and bear ongoing costs and rigorous requirements to operate .APE for decades to come, while allowing ApeCoin DAO to participate in the benefits and market the domain extension as a blockchain asset.

We recognize ApeCoin is community-first. D3 will pledge 50% of all net revenues generated back to the ApeCoin DAO.

KEY TERMS:

Domain
A unique, easy-to-remember address used to access websites, email, devices, or anything else on the internet that requires an IP address.

Top-Level Domain (TLD)
Last segment of text in a domain name, such as .com or . net. Also called domain extensions, domain suffixes, and URL extensions.

Domain Name System (DNS)
The root layer of the internet, which directs domain names to specific IP addresses, which browsers and devices use to load websites, resolve to networks, or direct any other type of traffic on the internet.

Registry
An organization accredited by ICANN to exclusively monetize and manage all operations for a specific TLD. Registries must maintain 100% uptime, proper security and infrastructure, personnel, and registrar connectivity to operate TLDs and facilitate DNS resolution of their domains.

Internet Corporation for Assigned Names and Numbers (ICANN)
The global, multi-stakeholder, non-profit authority dedicated to ensuring security, stability, and accessibility of the Internet via the DNS root zone (TLDs).

Name Tokens
Name Tokens (e.g. SAM*APE) offer a wide range of Web3 utility, including being used as memorable multi-chain wallet addresses, cross-platform Web3 usernames, decentralized infrastructure identifiers and more. D3 name tokens also act as expressions of interest for our domains, and token holders will have early access to the TLDs we launch in the future, such as .APE.

PLATFORMS & TECHNOLOGIES:
D3’s registry and registrar will require DNS and database infrastructure, along with software to facilitate domain management workflows and integration with each other:

Registry Scope:

  1. Compliant registry backend system
  2. Maintain DNS servers and zone file access
  3. Pricing and registration data services
  • Escrow and data protection
  • Monitor operations and generate abuse reports
  • Ongoing ICANN compliance requirements

Registry Technologies:

  • DNS servers
  • Database
  • Provisioning system
  • Monitoring and reporting tools
  • Security and cloud protection

Registrar Scope:

  • Provide registrar website and console
  • Manage customer and domain registration data
  • Integrate with registry system
  • Facilitate customer payments
  • Ongoing ICANN compliance requirements

Registrar Technologies:

  • Servers and database
  • Protocol client software
  • Web frameworks and payment gateway
  • DNS integration
  • Blockchain integrations

As accredited TLD registry operators, the D3 team will apply for and launch the .APE TLD on behalf of, and for the benefit of, the ApeCoin community. D3 will maintain recurring regulatory and reporting requirements with ICANN, the global multi-stakeholder, non-profit organization dedicated to the ongoing security and stability of the Internet’s Domain Name System (DNS). D3 will also incur and manage ongoing costs related to the technical uptime and maintenance of the .APE namespace.

In the highly unlikely event that D3 does not successfully acquire the right to operate .APE, owners of Ape Names at the time of notice will be eligible for a full refund on the primary registration fee associated with each token.

STEPS TO IMPLEMENT & TIMELINE:

D3 will tokenize and distribute *APE name tokens, which will immediately serve as Web3 identities. Upon ICANN approval, D3 will award .APE domain names to *APE token holders first, followed by general availability for the public. D3 will handle the costs associated with .APE extension growth.

Technical Process

  1. *APE name tokens will be minted on the blockchain as tokenized identifiers for existing and new ApeCoin community members.
  2. .APE domain names will be provisioned on the Domain Name System as native and resolvable internet addresses.
  3. Both *APE name tokens and .APE domain names will be minted on any EVM-compatible chain of choice (Ethereum, Polygon, etc.).
  4. Both *APE name tokens and .APE domain names are expected to have compatibility with Web3 applications (e.g. wallets, gaming, decentralized identities) to enhance. ApeCoin’s utility and accessibility in the evolving needs of decentralized technologies
  5. .APE domain names will have compatibility with real-world applications, including native browser and email support, digital identity solutions, OAuth2, etc.

Phase 1: Ape Names (2024)

  • D3 will be the exclusive ICANN partner with the ApeCoin DAO, mitigating and preventing name-collisions and conflicts in the global DNS
  • Co-marketing of *APE name tokens (e.g. SAM * APE) in partnership with ApeCoin DAO
  • Global launch of *APE name tokens with early access for ApeCoin community
  • Native wallet mapping for *APE name tokens and other Web3 identity applications
  • Secondary trading enabled on D3 marketplace

Phase 2: TLD Application and Approval (2024-2026)

  • D3 preparation of 500-page+ application ahead of upcoming ICANN application window
  • D3 submits .APE TLD application when the anticipated window opens (as soon as 2025)
  • D3 sets up 100% uptime technical infrastructure to ensure future-proof namespace, protection and security of end-users
  • .APE onboarding by mainstream distribution network made up of hundreds of registrars and resellers (e.g. Godaddy, Namecheap, Amazon AWS) to reach 5bn+ internet users.

Phase 3: Grow .APE in Web3, Web2, and Beyond! (2026+)

  • D3 launches .APE TLD on the DNS
  • *APE name token holders get early access to .APE domain names with underlying DNS resolution
  • Website and email hosting, universal browser and device recognition for .APE domains enabled. Web3 functionality continues without interruption
  • Promote .APE awareness and adoption through D3’s integrated registrar and Web2 distribution networks.
  • Proliferation of .APE as a leading domain extension and cultural RWA in the next generation of the Internet.

OVERALL COST:

3 million ApeCoin

All proceeds will be used directly to apply for, market, and launch the .APE domain extension:

  • ApeCoin DAO will receive 50% of all net revenues generated from the *APE name tokens and the .APE Top-Level Domain
  • Compared to .COM (160M domains) and .XYZ (13M), the .APE TLD could create a $M+ evergreen, profitable real-world asset for the ApeCoin DAO at a fraction of scale needed (proj. $5M+ annual recurring revenue within 36 months of launch)
  • D3 and ApeCoin DAO could represent .APE for a lifetime (10-year TLD rights, with auto-renewals)

D3 will incur on-going technical and operational costs related to managing the .APE namespace, with contribution from ApeCoin DAO for co-marketing into the masses.The below includes the initial budget for the .APE acquisition process (APE):

As illustrated above, the funding requested for this grant goes directly to supporting the acquisition and launch of the real .APE Top-Level Domain on the Internet. D3’s success and its compensation is tied directly to the revenue shared jointly with ApeCoin DAO from registrations and renewals.

Any remaining excess funds will be directed towards revenue-generating activities including performance-based marketing and sales.

CONCLUSION:

D3 strongly believes this AIP represents a collaboration with the ApeCoin DAO to create the first culturally relevant real-world asset in .APE, tangible utility and benefits for the ApeCoin community, and a sustainable source of revenue for the ApeCoin DAO. We are excited to hear your feedback and look forward to working together as leaders in Web3 innovation.

8 Likes

Just to clarify, our patent-pending name token allows us to offer tokenized *APE names (e.g. SAM * APE) as an immediate Web3 identifier for users, while in parallel submitting the application for the real .APE TLD to enable future interoperability and native resolution seamlessly across Web2 and Web3.

We are excited to work together with the ApeCoin community to launch .APE as a legitimate TLD!

9 Likes

This looks very promising!

9 Likes

Fred, congrats on submitting such a powerful proposal.

I didn’t realize it was such a lengthy and cumbersome process (500-page application :exploding_head:), wow.

The team you’ve assembled is top-notch and seems totally capable of executing.

Just a couple of observations and questions:

  • Brand Decision or Ecosystem Fund Allocation – I’m wondering if this should be in the latter as you are asking for funds
  • Glad to see the breakdown of expenses and it looks like $2m of the $3m goes to brand awareness and marketing. I’m a huge proponent of marketing, so I’d be interested to know what duration of time the $2m is earmarked for – is this for a year or longer?
  • Are there any reasons that this may not succeed?

By the way, great proposal – love the detail, love the graphics.

Look forward to your answers and the community feedback.

SSP :call_me_hand:t4::guitar:


PS – we really ought to be collabing on the IRL Clubhouse Network :thinking:

3 Likes

Thanks for taking the time to put together this proposal. You may have seen AIP-391: ApeDomain - the omni-chain name service for ApeCoin, which is currently in Phase 2 (AIP Draft).

Could you help break down for the community why they should choose your proposal over AIP-391?

2 Likes

You’re welcome. D3’s proposal offers a secure and compliant approach to launching the real .APE top-level domain (TLD) for the ApeCoin community. AIP-391 and 5 other projects offer “.ape” which is limited to web3-to-web3 interactions. D3 ensures the TLD is accessible to a wider audience, not just within the web3 community.

Our approach aligns with ICANN rules and draws on well-established industry best practices with a team that has created over 300 TLDs including .XYZ, .INC, .LINK, and more.

With D3, ApeCoin can establish a real .APE TLD top-level domain that’s not only secure and credible but also accessible to a broader user base of 5bn+ users for decades to come.

The fact we’re also providing a multi-million dollar a year revenue stream based on well-established TLD businesses we’ve created, owned and operated for over 20 years, goes to show we’re trying to accrue real value back to the DAO which we know is desperately needed.

I hope this helps!

8 Likes

Thanks SSP! Michael here from the D3 team. :wave:

Owning and operating the .APE TLD will allow us to control a critical part of our brand identity and broader messaging in the web3 space. We see .APE as a potential core ApeCoin branding and marketing asset, which warrants evaluation as a Brand Decision.

That being said, we understand the significant resources required for this endeavor, however, we believe the long-term benefits of launching .APE and shepherding its ecosystem far outweigh the upfront costs.

A robust multi-channel marketing strategy will be critical for driving discovery, awareness, and adoption of .APE at the outset. The outlined budget will enable D3 to stand up .APE entirely from the ICANN application, community formation, to the TLD delegation, which we expect to occur over the next 24-36 months. We expect to utilize a combination of digital and real-world activations to achieve critical mass adoption and usage of .APE names and domains. Similar to TLDs we have operated in the past including .XYZ, .INC, .LINK, we are confident .APE can become a self-sufficient asset with ApeCoin DAO’s commitment.

There are a small number of risks mainly associated with the submission of the TLD application. However, we are confident that D3’s application for .APE, on behalf of and for the benefit of the ApeCoin DAO, represents the strongest choice as D3 and its affiliates represent ICANN-affiliated entities with proven experience submitting successful TLD applications (.XYZ and more).

8 Likes

Thanks a lot for your proposal. We all know that Web2 Domain registration takes a long time, at least 3yrs, with lots of uncertainty. There are several points to clarify.

  1. The investment of 3million $APE is huge. The community would love to know when this ecosystem fund allocation can be collected through the revenue sharing.
  2. The team said that 50% of all net revenues will be generated back to the ApeCoin DAO. This is great. But you still have to clarify what net revenue means here. Any deduction from the gross revenue?
  3. Ape extension might be used in Web3 Applications first. How many partnerships have you made across L1/L2 so far?
6 Likes

The plan to issue name tokens as NFTs is innovative - that would allow .APE names to have additional features and utility built in, beyond just resolving domain names. And being able to generate revenue from registrations and renewals would provide ongoing funding for the DAO’s initiatives.

4 Likes

It’s also great to see that D3 seems truly committed to delivering this asset to the ApeCoin DAO if awarded the TLD. That level of commitment to giving back to the community is admirable.

5 Likes

Interesting and thank you for all these details.

I could not imagine the complexity of this implementation and even less the long delays.

This was suggested in a previous comment, but it is true that it is important to give in your presentation the advantages of your solution compared to all the other proposals already submitted as an idea and now advanced to the stage of draft.

This is also valid for all so-called “twin” AIPs.

Either way, an idea worth exploring !

3 Likes

Hey Ervin,

Thanks for your note.

  1. Domain registrations in Web2 are nearly instant. Regarding the TLD application, it takes over a year to prepare and submit the application, consisting of over 500 pages SSP noted above too… This can only be done when the next ICANN application window opens, and it’s a rare opportunity. Our experienced team and advisors have successfully managed over 300 TLDs, giving us confidence in securing .APE.

  2. The $3 million $APE investment will be used primarily for a robust multi-channel marketing strategy, crucial for Ape name adoption. Our team’s marketing expertise, along with dedicated skilled staff, will maximize return on marketing spend over the next 36 months.

  3. Net revenue refers to gross revenue minus deductions, including payment transaction fees. The .APE TLD opens doors to the larger Web2 market with over 350 million domains and 5.3 billion users, projected to grow 7.1% CAGR to over 750 million domains by 2030. Global Domain Names Strategic Market Report 2023-2030 - U.S. Market is Estimated at 131.8 Million Domain Names Registered, While China is Forecast to Grow at 12% CAGR

  4. We have signed seven partners to apply for and manage their TLDs, including one major exchange and six large L1 ecosystems. We expect to significantly increase this number by the end of Q2 2024.

Hope this clears things up.

8 Likes

Thank you for your feedback @dyorjdr!

The core distinction we’re aiming for with D3’s AIP is creating a widely accessible .APE top-level domain on the DNS that can reach billions of internet users, not just those in web3. Our goal is to grow ApeCoin’s brand and cultural relevance by making .APE domains universally compatible across devices and browsers without needing special integrations.

We’re prioritizing broad mainstream adoption, enhanced by web3 utility, which we believe will ultimately benefit the long-term sustainability of the ApeCoin community. I’m grateful you shared your ideas - please feel free to provide any other suggestions you may have. Community input is invaluable as we work to refine this proposal! :saluting_face:

4 Likes

lmao

Also went to AIP and failed : AIP-224: Ape Protocol Extension (.ape domains )

Apparently there was one more such site that gave the names.

3 Likes

@Evil, absolutely you were headed in the right direction! We hope to make your dream come true by creating a truly interoperable .APE on-chain, and on the Internet. Tech will be just as critical as marketing and distribution here, and we hope to do this the right way by creating real value for the DAO.

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Good luck ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎

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For those of who have been in the traditional domain space for decades, we understand that to bring a TLD to market it takes a tremendous amount of work and knowledge to make this happen. D3 is one of the few companies that can actually make this happen. The other proposals are not the same. There is a big difference between creating a blockchain entity and a ICANN official tld or name string.

The founders and people at D3 are legends in the traditional domain space AND understand the Web 3 component that can add additional utility to traditional assets. For the last 3 years, users have traded ENS wallets but eventually users realized the utility of creating a website or useable email didn’t come as planned. The reality it never was going to happen. They hinted at rumors of buying the .eth from Ethopia but those who knew always knew that wouldn’t happen. It’s not that easy.

Here is a proposal from a team that DOES understand that process and has as good of a chance of making that happen as anyone. Not creating food or a come and go technology but a chance for a fully functional tld that represents the Yuga ecosystem. A functional business that generates revenue that feeds back into the DAO. It’s what ENS owners have wanted for years. Apes have a chance to do it first.

12 Likes

Looks very promising. Do you have any thoughts on how the pricing (registration and renewal fees) would be?

Relative to say .com, .xyz or .io?

6 Likes

Hey @bigbull - appreciate your interest in .APE! The full pricing structure will be finalized based on growth strategy and budget for the TLD, however we aim to be competitive with existing domain extensions that provide value, longevity, and security to users. Extensions like .COM and .XYZ are absolutely the right comps as we view .APE as the next biggest phenomenon.

Our goal is to price name tokens and domains fairly based on the benefits and features we will provide end users. For example, standard registrations may start as low as $10-30, with premium, highly demanded names (e.g. words, names, numbers) priced according to demand. Affordability is important for adoption, and rest assured we will have competitive rates and multi-year registration deals to incentivize mainstream adoption.

7 Likes

Hi @staypuft,

The community feedback period for your proposal would be ending in roughly 24 hours.

  • If you’re content with the feedback received, your next steps are to finalize your proposal using the AIP Draft Template.

  • A moderator will reach out to the author to finalize the AIP Draft. Upon receipt of the final Draft, we will review and provide instructions on the next steps.

  • Are you ready to proceed to the next phase or do you wish to extend community discussion for another 7 days?

We look forward to hearing from you.

-@Facilitators

2 Likes