Click to expand Q&A with @Xavierfreeway
1. Please revise your Team Members section, as specified by the AIP Draft Template and AIP-121, it will be compulsory to provide a description of team members (a brief âCVâ, previous experiences in Web2 &/or Web3). As your proposal would enlist âsmart contract developers,â âcommunity managersâ and âdata analysts,â please include their individual credentials here.
I will revise the Team Members section to include detailed descriptions of each team memberâs credentials and previous experiences in both Web2 and Web3. This will cover the smart contract developers, community managers, and data analysts.
2. Would you and/or the aforementioned team members receive any compensation from this proposal?
Yes, the team members mentioned in the proposal, including myself, would receive compensation for their contributions.
3. Your Steps to Implement #1 details include âDefine the eligibility criteria for long-term holders and stakers.â Who would be responsible for determining these criteria?
The responsibility for determining the eligibility criteria for long-term holders and stakers will lie with the smart contract developers and data analysts, in consultation with the community managers
4. Your Steps to Implement #3 details include âPresent the plan to the community, incorporating feedback to ensure transparency and address any concerns.â
a.) What communication channels or platforms would be used to convey this information to the community?
The information will be conveyed to the community through our Discord server, official forums, and social media channels like Twitter.
b.) If not the same as above, what platform(s) would the community be using to provide their feedback?
The community will provide their feedback primarily through the same platforms: Discord, official forums, and social media channels.
c.) This step also mentions âCommunity managersâ in the personnel line. Please identify these managers and how they have been (or would be) selected.
The community managers will be selected based on their experience and contributions to the DAO. They will be identified in the revised Team Members section.
5. Your Steps to Implement #5 details include âEvaluate the effectiveness of the airdrop, gathering community feedback and making adjustments for future initiatives.â What future initiatives based on this proposal are currently being considered?
Future initiatives based on this proposal include potential subsequent airdrops, staking rewards programs, and other community engagement activities. These will be detailed further based on the initial airdropâs effectiveness and feedback.
6. Your Overall Cost section states âAll development and operational costs are covered by existing funds.â
a.) Which âexisting fundsâ are you referring to here?
The âexisting fundsâ refer to the remaining budget allocated for DAO operations and development.
b.) If these funds are to be deducted from the 50% Ecosystem Fund airdrop allocation, please revise your Overall Cost section to include and detail these expenses.
If funds are to be deducted from the 50% Ecosystem Fund airdrop allocation, I will revise the Overall Cost section to detail these expenses accordingly.
7. Would there be any planned third-party audits of this airdrop smart contract outside of your team? Please provide details.
Yes, we plan to engage a third-party audit firm to review the airdrop smart contract. The details will be provided once the auditor is selected.
8. Youâve defined âAirdropâ as âA distribution of a cryptocurrency token or coin to numerous wallet addresses.â As many wallets long-term holding ApeCoin may be âdeadâ or inactive wallets, have you instead considered a âreverse airdropâ that would have holders initiate a claim so as to ensure those claiming are in fact active holders (as well as place the burden of gas fees on the claimant)?
We have considered the issue of inactive wallets and are open to the idea of a âreverse airdropâ where holders initiate a claim. This approach will be discussed further with the community to ensure consensus.
9. Given the large size of the requested grant, would you be open to receiving the grant in tranches?
Yes, we are open to receiving the grant in tranches to ensure transparency and accountability.
10. Would the funds be received in a multi-sig wallet?
Yes, the funds will be received in a multi-sig wallet.
a.) If so, how are multi-sig signers being elected?
Multi-sig signers will be elected from among the most active and trusted members of the community.
b.) Is there a legal entity representing the multi-sig that would be ready and capable of obtaining legal title to the grant amount?
There will be a legal entity representing the multi-sig, ready and capable of obtaining legal title to the grant amount.
11. Do you provide consent to apply updates to the relevant areas of your proposal based on your responses to the questions above?
Yes, I consent to applying updates to the relevant areas of the proposal based on the responses to these questions.
12. Do you provide consent to share these questions and answers with the community in this forum?
Yes, I consent to sharing these questions and answers with the community in this forum.
Edits have been made to this Topic, by the author, by the authorâs request, or with the authorâs consent. You can click the Pencil icon at the top of the post to see these edits.
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.