Hi ApeCoin DAO Community,
Our team has reviewed and discussed @pink’s AIP Draft and have sent a list of initial questions. We await answers.
Follow this Topic as further updates will be posted here in the comments.
Kind Regards,
Hi ApeCoin DAO Community,
@pink has responded to our questions and has provided consent to share them in this forum for the community.
Click to expand Q&A with @pink
1. Since the budget is requested in ApeCoin, would the success of this initiative depend on the price of ApeCoin at the time of disbursement?
Yes
2. Is there an expected schedule for the distribution of revenue back to the DAO treasury?
About 3 months after initial launch
3. Is the individual/team/business entity prepared to facilitate the distribution of gross revenue back to the Foundation in a way which is compliant with both the relevant local regulations and Cayman regulations?
Yes
4. As per the ApeCoin General Guidelines, “proposals will not be put up for vote if they involve illegal activity, hate speech, pornographic material, or are at odds with the mission or values of the APE Foundation.” Can you ensure that the content on Bored Arcade would be in keeping with these guidelines?
Yes
5. Please provide a revision for your Steps to Implement section. As specified by the AIP Draft Template:
*** Include the project’s start and end dates.**
*** Detail any associated costs, personnel, and platforms needed for each step.**
*** State any requests directed to the APE Foundation for each step.**
Done
6. Regarding the Reporting Expectations section:
*** Identify where the reports would be made available.**
*** Include how long the reports would be expected to continue.**
Done
7. 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
8. Would your expectation be to keep complete ownership of all content produced from this proposal?
Yes
9. Since your app would require token holders to connect wallets, what are the plans for security audits of the app?
We will hire third parties to check and audit or contract to insure code security.
10. If you have already begun auditing the platform, please provide proof of the audit(s).
N/A we will definitely have audits done to the platform
11. Do you have any estimated costs for users to use the platform’s features, or any premium features?
The details of those cost have not yet been fully decided on but will have a cost breakdown for the use of features once we get closer to the dapp going main-net.
12. Do you have plans to protect any collected user data? Please elaborate.
Yes, when it comes to users data we will be using certified APIs directly from platforms like Twitter/X, Apple ID, or Google Play. This will ensure security and privacy of all user data.
13. For the avoidance of doubt, would any funds received from this proposal be used to provide liquidity for the launch of the $INSERT token? Please elaborate.
Funds acquired from the DAO will be used for development purposes only. Bored Arcade will provide funds for the liquidity of $INSERT token, once $INSERT token goes live.
14. Do you provide consent to apply updates to the relevant areas of your proposal based on your responses to the questions above?
Yes
15. Do you provide consent to share these questions and answers with the community in this forum?
Yes
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,
Hi ApeCoin DAO Community,
We have sent a list of follow up questions to the author.
Follow this Topic as further updates will be posted here in the comments.
Kind Regards,
Hi ApeCoin DAO Community,
@pink has responded to our questions and they are in our review once again.
Follow this Topic as further updates will be posted here in the comments.
Kind Regards,
Hi ApeCoin DAO Community,
@pink has responded to our questions and has provided consent to share them in this forum for the community.
1. In the previous interview round, you indicated that the success of this initiative would in fact depend on the price of ApeCoin at the time of disbursement. Considering your budget, would you prefer to denominate your proposal in USD valuation rather than in $APE?
No we would like it in APE coin as we could scale up if the price of the token were to go up.
2. As requested in the previous interview round, please provide a revision for your Steps to Implement section. As specified by the AIP Draft Template:
- Include the project’s start and end dates.
- Detail any associated costs, personnel, and platforms needed for each step.
- State any requests directed to the APE Foundation for each step.
[Updated]
3. As requested in the previous interview round, regarding the Reporting Expectations section:
- Identify where the reports would be made available.
- Include how long the reports would be expected to continue.
[Updated]
4. Do you provide consent to apply updates to the relevant areas of your proposal based on your responses to the questions above?
Yes
5. Do you provide consent to share these questions and answers with the community in this forum?
Yes
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,
Hi ApeCoin DAO Community,
We have no further questions for @pink. This AIP is now under Administrative Review.
Follow this Topic as further updates will be posted here in the comments.
Kind Regards,
This proposal is live for vote at Snapshot. The voting period closes 13 days from now at 9PM EST.
The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimize for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.
sorry i think i posted in the wrong chat
MCEmissary sharing our reasoning behind our vote
community voted
Against 77.66%
For 17.02%
Abstain 5.32%
Hi ApeCoin DAO Community,
The voting has closed for this proposal and it has not been approved.
This Topic will be moved to and remain in the Rejected AIPs subcategory.