Hi ApeCoin DAO Community,
@MIKER has responded to our questions and has provided consent to share them in this forum for the community. We have no further questions, this AIP is now under Administrative Review.
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- 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.
No
- Please elaborate on how you expect to organize the OtherPage corporate structure.
Other Page is a DBA of CR3 Labs, Inc. (Delaware Corp).
If the structure has already been established, is it prepared to receive the request grant amount in full? Please elaborate on the existing structure.
Yes, CR3 Labs, Inc. has already undergone KYC/KYB with the ApeCoin Foundation.
- Have you obtained consent from all of the listed partners for the collaboration outlined in the Other Page proposal? Can you please share the consent?
Everything we’ve shared is public information and no formal consent is required to include integrations & partners that we currently have in our proposal. To elaborate on this a bit here is additional information on the various partnerships & integrations we have in the proposal.
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Magic Eden - partnership announcement x.com
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Rarible - partnership announcement x.com
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Zharta - listed as a partner on their site Zharta | Otherside Renting
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Otherside Wiki - partnership announcement x.com
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Apes+ - partnership announcement x.com
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Solidity - they’re a partner listed on our previous AIP AIP-326: Platform to Enable ApeCoin Powered Payments & Rewards for Apps & Games and currently building majority of the infrastructure that’s powering Canopy
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Thank APE - our partnership & integration will be a part of Season 6 and will be live by next week.
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Faraway - integration announcement x.com
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10TKF - see 10KTF announcement x.com that highlights our collabs on badges. The case study in the proposal is based on on-chain data that’s publicly available.
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Serum City - NFT & game data available in the Other Page app x.com
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LoTM - NFT & game data available in the Other Page app x.com
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Forgotten Runes - 3D avatar support available in Other Page app x.com, play with avatar Ozohr, the Guide's Eye. | Other Page by toggling the 3d icon at the bottom.
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Sequence - integration is in progress and will be publicly announced once completed, our AIP was shared with key stakeholders.
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Somnia / Improbable - integration is in progress and will be publicly announced once completed, our AIP was shared with key stakeholders
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Please provide details on the plans for compensating the advisors and members of the Rewards Committee.
Advisors listed on the proposal will not be compensated. -
Regarding the suggested Rewards Committee, have you already identified its members? If yes, please share who they are. If not, what will be the selection process for these members?
N/A: Rewards Committee element removed by author.
- a. Will the Rewards Committee have complete control over the distribution of the proposed 500,000 ApeCoin in rewards?
N/A: Rewards Committee element removed by author.
b. Who would ultimately oversee and control this distribution?
N/A: Rewards Committee element removed by author.
- If approved, is there a mechanism in place to remove the Rewards Committee or its members? If so, how would this process work?
N/A: Rewards Committee element removed by author.
- What criteria would be used to evaluate members or projects for the suggested rewards distribution?
N/A: Rewards Committee element removed by author.
- Will there be avenues for community feedback, oversight, or governance over the proposed rewards distribution process?
N/A: Rewards Committee element removed by author.
- How much influence will the Other Page core team have on the distribution of the proposed 500,000 ApeCoin in rewards?
N/A: Rewards Committee element removed by author.
- Based on the responses to the community in the comment section, it appears that you anticipate raising third-party capital. The preference of the Ape Foundation in the past has been to clarify this sort of information directly in the AIP, including who these anticipated third parties are, the expected fundraising period and any existing decks. You may provide the clarifications here for us, and we will help with applying them to your proposal.
We intend to raise a Seed round if our proposal passes but do not have a deck or any confirmed investors at this time.
- Your Overall Cost is listed at “1.3m $APE”, while some of your line items appear to be denoted in USD, totalling $1,620,000 USD total (or 1,372,882 $APE). Please clarify your Overall Cost.
At current APE prices ($1.20), our overall cost is $1.03M (858K APE) + 500K APE or 1.35M APE total. The APE price increased slightly after we submitted the proposal.
For future clarity, we’ve adjusted to break our costs and the APE rewards pool out separately. With our costs denoted in USD. We’ve also reduced the rewards pool from 500k to 100k.
- How do you envision the Other Page platform integrating with ApeChain? Are there any potential challenges or obstacles you anticipate in this integration process?
We will integrate with ApeChain in three ways:
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Rewards vaults will be created and accessible on ApeChain this will be done by deploying Safe contracts to Arbitrum.
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Badge NFTs will be minted to ApeChain.
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ApeChain RPC will be supported directly within Other Page and select NFTs on ApeChain will be supported within profiles.
We do not foresee any serious obstacles with the integration.
- Please revise your Steps to Implement and Timeline section. As specified by the AIP Draft Template, the Steps to Implement section of your proposal, it should include the associated costs, personnel requirements, and any other resources needed for each of the steps. This section should also indicate the expected start date and during which step this proposal may be considered finally implemented.
Updates are reflected in the proposal.
- A. Regarding any granted permission to use ApeCoin trademarks by the Ape Foundation, do you expect to maintain full ownership rights to the content and/or IP which may be created as a result of the approval of your proposal?
Yes we expect to maintain full ownership rights to content & IP that we produce. The ApeCoin foundation can use all public content that we produce for any promotional materials for the DAO.
B. Would your expectation be to keep complete ownership of all content produced from this proposal?
We expect to keep complete ownership of all content produced from this proposal except for SDKs that will be licensed under MIT/GPL open source licenses.
- Please clarify how long the monthly updates to the ApeCoin DAO would continue to be provided if the proposal is approved.
They would continue for the duration of our build plus six months after we ship the final deliverables.
- Do you provide consent to apply updates to the relevant areas of your proposal based on your responses to the questions above?
Yes. We’ve also made some of our own updates that we believe address most of the questions you’ve asked.
- Do you provide consent to share these questions and answers with the community in this forum?
Yes
Follow this Topic as further updates will be posted here in the comments.
Kind Regards,