AIP-488: ApeChain Hackathon Tour in Asia

PROPOSAL NAME:

ApeChain Hackathon Tour in Asia

TEAM DESCRIPTION:

Techub News
As a leading local Web3 technology media platform in Hong Kong, has successfully hosted over a hundred online and offline events, covering cutting-edge fields such as AI, DePIN, RWA, and Bitcoin L2. This fully demonstrates its strong capabilities and extensive influence in the technology media industry. The first Hong Kong Bitcoin Asia Summit, introduced by a partner of Techub News, was successfully held in Hong Kong, attracting the enthusiastic participation of over 6,000 attendees, further highlighting leadership position in the Web3 field.

Techub News has also hosted numerous exciting events, including the 2023 Huawei Cloud TechWave, ITA, 2024 DePIN Global Hardware Conference, Hack.Summit 2024, 2024 AI Developer Summit, Bitcoin Devcon, Big Demo Day, as well as the Singapore Crypto Dream Night and ​Southeast Asia’s Premium Blockchain Night. These events have not only attracted significant attention from within and outside the industry but also provided an important communication platform for the development and application of Web3 technology.

In the online domain, Techub News has actively carried out a series of special Space activities, including the 2023 Stablecoin Discussion, Online Debate, Bel2 Series Space, and VATP One-Year Anniversary Space. The VATP Space saw over 780,000 listening rate on the day of the event. This achievement reinforces Techub News as a trailblazer and a driving force behind the advancement of Web3 technology.

Our Team

Techub News is a dynamic and innovative team dedicated to advancing the Web3 industry in Hong Kong. x.com

At the helm is ALMA LI, the founder of Techub News, who also serves as a partner at Web3labs, Vice President of the Blockchain Association of ASEAN, and Vice President of the Chinese University of Hong Kong Alumni Association in Pearl River Delta. Alma is a passionate advocate for the adoption and application of Web3 technologies, significantly contributing to the growth of the Web3 industry in Hong Kong.

One of the partners at Techub News, Mr. Wong , is a seasoned technology leader with a rich background. He is the co-founder and CEO of G-Rocket Accelerator, as well as the co-founder and CEO of Web3Labs. Mr. Wonghas an impressive track record in technology investment and acceleration, having successfully invested in and incubated numerous tech projects worldwide. Additionally, he serves as the CEO of the Gaofeng Group Innovation Fund, overseeing the group’s venture capital efforts in the technology sector.

PROPOSAL DESCRIPTION:

The arrival of Apechain is one of, if not the most anticipated chain launches in the industry. It signifies a new beginning within the Ape Coin DAO and achieves a milestone that the whole community can be proud of.

Having a high profile presence at the biggest events in Asia puts Apechain and ApeCoin directly in front of our target audience and provides the perfect opportunity to encourage solutions to onboard onto Apechain.

  • This AIP specifically targets the Hackerthon culture at these events, ensuring there are no AIP crossovers. Hackerthons already attract so many builders within web3, now the focus will be to encourage them to launch solutions onto Apechain.

As ApeChain Mainnet goes live, it is important to build the brand presence in Asia
regions.

The fastest means of community growth and most cost effective way is to ensure a continued presence is established at the top Asia Blockchain events.

During these events, a variety of exposure techniques will be utilized to maximize the DAO’s resources.

BENEFIT TO APECOIN ECOSYSTEM:

The benefit derived from this proposal ensures value is created from these event proceedings.

By performing Apechain focused hackathons, we will encourage project founders to build solutions on Apechain, whilst attracting commercial and key infrastructure partnerships, which in turn, provide unique benefits and prizes to hackathon winners and participants.

Performing event keynote and panel speaking opportunities, while maintaining a large marketing presence will bolster Apechain brand and development awareness and provide key information spread within the community.

With each event, team and product inclusion in the Hackathon, successful winners and participation, it creates a huge marketing flywheel effect for Apechain and the DAO of continuous material and exposure which provides positive marketing positioning within the industry.

Events Plan:

IMG_2906

Once Ape Chain Mainnet is LIVE, it is imperative to have a dominant presence at the key events which draw the largest crowds for the first six months of operation between June and December 2024.

In order to ensure return on investment, the most effective way of increasing community at these events, whilst contributing value back to Ape Chain is in the form of hackathon competitions and promotional activities.

Attracting communities and builders of innovative solutions in a synergetic environment at the following events:

  • Korea Blockchain Week (KBW) - Hackathon 2024/09

Asia’s Leading Web3 Conference.

Founded by FACTBLOCK and co-hosted by Hashed, Korea Blockchain Week (KBW) is an annual global blockchain and web3 festival held in Seoul, South Korea, since 2018. It has been a gathering ground for the top global blockchain and web3 leaders and unifying diverse communities.

  • Hong Kong Fintech Week (HKFW) - Hackathon 2024/10

Asia’s Premier Fintech Event: Connecting 35,000+ Global Minds

Join the ninth annual Hong Kong FinTech Week, the city’s largest and most influential gathering of international leaders in finance and technology. Engage with 35,000+ attendees from 100+ economies to explore opportunities in Hong Kong, across Asia and beyond.

  • Devcon Southeast Asia (DSA) - Hackathon 2024/11

Devcon is the Ethereum conference for developers, thinkers, and makers.

Devcon’s goal is to push the boundaries of the possible in our mission to bring decentralized protocols, tools, and culture to the world.

Devcon;

  • Is for the builders.
  • Is not just for developers, it’s for the creators, thinkers, and makers who wish to improve this world through decentralization.
  • Is a platform to speak and discuss the topics you are passionate about.
  • Is sponsor- and shill-free, focusing on what truly matters.
  • Creates an environment to empower ourselves, and to learn skills relevant to using Ethereum.
  • Brings together innovative minds with the vision to build the new internet with Ethereum.
  • Hackathon Grant Commitee (HGC)

A grant committee consisting of Apechain core members and ecosystem partners will be set up. This is composed of Special Council members, Stewards, Horizon Labs, Arbitrum and other prominent industry leaders who are assisting with the infrastructure and build success of Apechain.

Prior to each Hackerthon, the HGC will decide the focus of the hackathon at the upcoming event and plan accordingly. This will determine the grant size within the specified budget, whilst ensuring the focus of the Hackerthon is inline with the strategic targets and scope of Apechain.

Marketing and Platforms

For each event, we will ensure comprehensive participation as follows:

  • Exhibition: Marketing and Promotional material strategically positioned for awareness
  • Speaker Slots: Dedicated panel and keynote speaker slots to present ApeChain and Ape Coin
  • Logo Display: Inclusion of ApeCoin’s logo on event materials
  • Side Event: hosting an exclusive side event for networking and community building

STEPS TO IMPLEMENT:

Key Execution Dates:

All planning and key bookings will be executed no later than four weeks prior to the event. Due to the close proximity of some upcoming events, we have already started initial conversations in anticipation of a successful AIP to ensure a smooth execution at our first event.

Budget breakdowns will be provided no later than two weeks before the event to remain fully transparent in our execution.

A comprehensive report of the event success will be provided within two weeks after the event closure, showcasing the community growth, hackathon participation and winners.

Key Performance Indicators:

  • Hackathon team registration
  • Hackathon community registration
  • Ape Coin DAO online twitter growth
  • Ape Coin Discord member growth

Project timeline is dependent on the scheduled events and costs associated. This AIP would be concluded no later than the end of December 2024 once all final reports have been delivered to the community post the final Devcon event in November.

Broken into three simple milestones designed for proactive planning and scheduling, locking in key activities before the venues. Eliminating risks and providing an adequate amount of booking flexibility.

Milestone 1

Start Date: upon receipt of funds from the ApeCoin DAO

Key activity scheduling and booking:

  1. Hackathon Venue Hire at KBW and HKFW
  2. Support Staff Hire for KBW
  3. Marketing for KBW and HKFW
  4. Hackerthon grants and allocation of prize pools for KBW
  5. Side Events and Entertainment for KBW and HKFW

Cost: $469000 USD

Timeline: Milestone 1 is complete after the budget report is provided no later than 7 days after the Korea Blockchain Week closing event.

Milestone 2

Start date: upon completion of milestone 1.

Key activity scheduling and booking:

  1. Hackathon Venue Hire at DSA
  2. Support Staff Hire for HKFW
  3. Marketing for DSA
  4. Hackerthon grants and allocation of prize pools for HKFW
  5. Side Events and Entertainment at DSA

Cost: $296000 USD

Timeline: Milestone 2 is complete after the budget report is provided no later than 7 days after the Hong Kong Fintech Week closing event.

Milestone 3

Start date: upon completion of milestone 2

Key activity scheduling and booking:

  1. Support Staff Hire for DSA
  2. Hackerthon grants and allocation of prize pools for DSA

Cost: $125000 USD

Timeline: Milestone 3 is complete after the budget report is provided no later than 7 days after the Devcon Southeast Asia closing event.

Estimated total timeline: 5 Months (Initial booking/scheduling to completion of final event)

REPORTING EXPECTATIONS:

All budget items will be clearly defined and released to the community post the event taking place to ensure complete transparency at all times. This is outlined clearly in accordance with the Milestones within ‘Steps to Implement’.

As the events progress, these completed budget items will provide an accumulative breakdown of the AIP budget progress.

Our aim is to maximize the community growth, event value and hackathon participation, executing a successful AIP within budget.

All hackathon events will be cross referenced with existing AIPs and working groups. Shared resources and budgets for specific events will be executed with transparency and efficiently to minimize costs in marketing and promotions.

This AIP is specifically targeting hackerthon activities at these events, therefore any activities relating to hackathons have no crossover with other AIP’s.

All funds which are unused, will be returned directly to the DAO on completion of the planned events outlined within this AIP.

At the conclusion of the third and last event, a full AIP budget breakdown and report will be provided to the community no later than two weeks after the last event.

Reporting and budget location:

ApeChain Hackathon Tour in Asia Budget

OVERALL COST:

Total amount requested from the ApeCoin Ecosystem Fund = $890,000 USD

On the successful approval of the AIP, these funds will be made available for immediate booking of resources to minimize expenses. All expenses will be audited and remaining funds returned to the DAO.

  1. Hackathon Grants: $300,000

Hackathon competitions will be organized leading up to the finals at each event. This provides the opportunity for Apechain to increase its technical partnerships and services within the ecosystem, whilst encouraging teams to build on Apechain and integrate their products/solutions.

  1. Side events and entertainment: $275,000

Side events play a crucial role in the social dynamics and awareness at each major event.

Hosting ‘official’ side events will provide the exposure needed to interact with the existing community, while attracting new groups.

  1. Support staff expenses: $75,000

For effective operation of hackathons and side events, the appropriate amount of support staff must be engaged for limited time periods.

  1. Hackathon venue hires: $150,000

Additional venue space may be required to perform the hackathons during events and provide the required level of Ape Chain presence.

  1. Marketing: $90,000

Banners, advertising materials bespoke to the events will need to be generated and transported to venues. Local material providers will be contracted to minimize costs. Online marketing and promotional materials will also be used during the promotional lead up to the events, during and post event updates. Custom NFTs, branded merchandise like t-shirts or caps, event-exclusive digital collectibles, commemorative badges or pins, limited edition artwork, tech gadgets branded with the event logo (power bank、charging cable). The Souvenirs will be given to guests and participants, and typically, commemorative certificates will also be handed out.

1 Like

I agree with this sentiment. China is blockchain forward. I don’t know enough about events to comment on the budget though I’d be curious to see some info on KPIs.

2 Likes

Bring builders to ApeChain, this is critical as we prepare to launch ApeChain. The Web3 Development WG should get involved here. Full support, full send.

1 Like

Hi @TF,

I’m glad to see this proposal!

As the author and lead organize of ApeCoin presence in WebX (check AIP-407), can you explain what’s the Hackaton WebX you want to include.

ApeCoin presence in Japan sync with multiple parties, include the foundation, will be wrong to operate another ApeCoin presence when it’s not sync.

Best,
-Mr. Hype :fire:

2 Likes

Thank you your support!!

3 Likes

This AIP is specifically targeting hackerthon activities at these events, therefore there is no cross over of AIP’s, as all expenses and activities are separate. Thank you your comment.

1 Like

Hi Mr. Hype :fire:,

A hackerthon event will be conducted at Webx Asia encouraging teams to build on Apechain.

Once approved we will reach out to all existing Webx Asia ApeCoin DAO operations to coordinate appropriately. Thank you your comment.

2 Likes

Sounds good for ape community & ape chain. I’m fully support!

2 Likes

Thank you your support!!

Hi @TF,

I suggest we discuss your proposal now, as there are significant opportunities to reduce costs for WebX. For example:

You mentioned $150k for venue hire for 3 events. We are planning a large side event in a big hall, which could allow you to include your operation there and save on venue costs. The actual cost for a venue in Tokyo is less than $50k. I can help you verify these numbers and assist with venue pricing.

The same applies to marketing and staff costs. It appears that, at least for WebX, the current plan involves unnecessary extra expenses and inefficiencies.

I’m happy to see your proposal and wish you the best of luck!

Best,
-Mr. Hype :fire:

3 Likes

Much to be improve in the costing section:
i) How the grant allocate? Hack topics or tracks?
ii) The side events should be separate from current hackathon grant proposal
iii) Hackathon venue can be sponsor by local collaborator, eg: university, gov
iv) Staff expense and marketing should have details spending
v) What to do with the unspent budget?

2 Likes

We may have a presence at Devcon at ETHGlobal Devcon, part of an extension to AIP-230. Its still early but keep that in mind so to not end up with an overlap. I will be the Devrel for Apecoin DAO at ETHGlobal Brussels during ETHcc next month so would love to help out if needed.

2 Likes

Hi @TF ,

The community feedback period for your proposal would be ending in less than 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

This topic was automatically closed after 7 days. New replies are no longer allowed.

Hi @TF ,

Thank you for your ideas [and the ApeCoin DAO community for the insightful discussions].

A moderator will reach out to the author to finalize the AIP Draft using the appropriate template.

  • Once the AIP Draft is confirmed by the author and meets all DAO-approved guidelines, it will receive an AIP ID number and move forward for Draft Analysis Review.
  • @TF - please see your messages for the next steps.

Follow this Topic as further updates will be posted here in the comments. In accordance with DAO-approved guidelines, if the author does not respond within 30 days, the proposal will be automatically transferred to the Withdrawn category, and the author can re-submit the idea.

-@Facilitators

1 Like

Hi ApeCoin DAO Community,

@TF has completed editing their AIP Idea to be their AIP Draft.

This proposal has been assigned the AIP ID Number 488.

Follow this Topic as further updates will be posted here in the comments.

Kind Regards,

-@Facilitators

Hi ApeCoin DAO Community,

Our team has reviewed and discussed @TF’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,

-@Facilitators