AIP-554: Poker Dream x ApeCoin: Revolutionizing the International Poker Tournament Scene

PROPOSAL NAME:

Poker Dream x ApeCoin: Revolutionizing the International Poker Tournament Scene

TEAM DESCRIPTION:

Welcome to Poker Dream, where innovation meets the thrill of poker! As a trailblazer in the Asian poker arena, we have swiftly ascended to prominence, driven by a team of seasoned experts with over 15 years of experience in poker operations, event management, and the cutting-edge world of web3:

  • Wilson Lim - Co-founder. BAYC #6619, $APE Maxi. A visionary entrepreneur with a rich tapestry of experience across gaming, food and beverage, and marketing.
  • Rex Cheong - CEO. A luminary in Asian poker, Rex’s innovative leadership and player-centric approach have been instrumental in shaping Poker Dream’s success.
  • Ben Lei - Tournament Director. With a decade of crafting premier tournaments, Ben’s strategic prowess has elevated Poker Dream’s prestige and fueled regional poker growth.

Connect with Poker Dream:

  • Website: Poker Dream
  • Instagram: pokerdream_live
  • Facebook: pokerdream.live

Past events:
Poker Dream 12 @ Jeju Shinhwa World, South Korea
Poker Dream 11 @ Genting Highlands, Malaysia
Poker Dream 10 @ Hoiana Resort & Golf, Vietnam
Poker Dream 5 @ Asia Poker Arena, Taiwan
Poker Dream 4 @ Newport World Resorts, Philippines
Poker Dream @ Genting Highlands, Malaysia

PROPOSAL DESCRIPTION:

Since our inception in 2022, Poker Dream has been a beacon of transformation in the Asian poker landscape. We’ve redefined the tournament experience with our groundbreaking Multi-Level Buy-In system, hosting over 12 high-profile tournaments that embody our ethos: “Dream the Impossible.”

Our Vision with ApeCoin:
Imagine a world where poker and cryptocurrency collide in a spectacular fusion of innovation and excitement. By integrating ApeCoin into our tournaments, we aim to create a global phenomenon that elevates both the poker community and the ApeCoin ecosystem. Our initiatives include:
International series and Title sponsorship: Picture a poker tournament series that resonates with the ApeCoin brand, captivating audiences worldwide with its immersive experience and global reach.

The Ape Gallery: Step into an immersive exhibition that chronicles the evolution of the Bored Ape Yacht Club, introducing millions to the captivating Ape universe. Ape Gallery is an art & story gallery about BAYC and communities, The Otherside and ApeCoin in a designated space within tournament venue.

Boredega: A dynamic space where Made by Apes builders can showcase their creations, bridging the gap between Web3 innovators and mainstream audiences. The Boredega is an ApeFest Bodega-like marketplace for MBAs to show case and sale their IP products, in a designated space within tournament venue.

There will be free entrance for Ape Gallery and Boredega. Poker tournaments do have a buy-in fee that varies by category and location; details will be disclosed before the tournament about to start.

BENEFIT TO APECOIN ECOSYSTEM:

Integrating ApeCoin into Poker Dream’s expanding empire offers a treasure trove of benefits:
Mass Adoption: Introduces ApeCoin to millions of poker enthusiasts, driving real-world utility and adoption across diverse demographics.
Ecosystem Expansion: Attracts both seasoned poker players and crypto enthusiasts, broadening ApeCoin’s use cases and appeal.
Cultural Bridge: The Ape Gallery and Boredega initiatives create tangible connections between the Web3 world and mainstream audiences, elevating ApeCoin’s cultural significance.
Global Visibility: High-stakes, widely broadcasted poker tournaments featuring ApeCoin will significantly elevate its global profile, attracting attention from both gaming and investment communities.
Economic Stimulus: Generates substantial transaction volume and liquidity for ApeCoin through tournament buy-ins, prizes, and associated activities, strengthening its position in the crypto market.
By partnering with Poker Dream, ApeCoin doesn’t just enter the poker world; it revolutionizes it, creating a symbiotic relationship that propels both entities to new heights of success and innovation.

DEFINITIONS:

Multi-Level Buy-In: Poker Dream’s innovative system allowing players to enter tournaments at different stake levels, democratizing access to high-stakes poker events.

STEPS TO IMPLEMENT:

  1. Planning, Integration and Branding (1-2 Months)

    • Milestones:
      a. Design ApeCoin-themed tournament branding
      b. Develop marketing roadmap & strategy
    • Costs: $20,000
  2. Ape Gallery and Boredega Development (1-2 Months)

    • Milestones:
      a. Design and create Ape Gallery exhibition
      b. Design Boredega space and guideline, onboard Made by Apes builders
    • Costs:
      • Production and setup in 4 tournaments - $40,000
  3. ApeCoin Tournament Kickoff

    • Upcoming schedule:
      i. Kuala Lumpur, Malaysia (2025)
      ii. Taipei, Taiwan (2025)
      iii. Jeju, South Korea (2025)
      iv. Hoiana, Vietnam (2025)
    • Costs:
      • ApeCoin themed merchandise (from poker accessories to apparels, eg: poker card, chip, ash tray, bucket hat, jacket, etc) and operations - $30,000
      • ApeCoin titled marketing and promotion, social media and news - $50,000
      • ApeCoin Prize Pool - $100,000 ($25,000/tournament, total 4 tournaments in above locations)

REPORTING EXPECTATIONS:

We commit to providing transparent and regular updates to the ApeCoin community:

  1. Tournament Livestreams: Stream the tournament through Twitch or YouTube to showcase the results.
  2. Tournament Review: A thorough analysis of the project’s impact on the ApeCoin ecosystem, presented on the ApeCoin forum and Poker Dream’s Twitter.
  3. Reporting would conclude upon the completion of the fourth tournament, estimated at Q3 2025.

OVERALL COST:

Total amount requested from the ApeCoin Ecosystem Fund = $240,000

Breakdown:

  • Tournaments: $100,000

    • ApeCoin Prize Pool ($25,000/tournament, total 4 tournaments in above locations)
  • Branding and Marketing: $70,000

    • ApeCoin-themed design - $10,000
    • Marketing roadmap & strategy - $10,000
    • Social media and news ads - $30,000
    • Web2 & Web3 KOL Partnerships - $20,000
  • Ape Gallery and Boredega: $40,000

    • Ape Gallery design and artwork - $10,000
    • Ape Gallery material and setup - $10,000
    • Boredega Interior design - $5,000
    • Boredega material and setup - $10,000
    • Boredega operation - $5,000
  • Merchandise and Operations: $30,000

    • Design - $5,000
    • Production and logistic - $17,000
    • Operation - $8,000

Additional Requests to APE Foundation:

  • Assistance with event marketing on ApeCoin official channels

Funding Tranches:

  • Tranche 1: $70,000 USD - Upon Approval (Planning and Development)
  • Tranche 2: $70,000 USD - Third Month (Tournament Preparation and Setup)
  • Tranche 3: $100,000 USD - Upon Tournament Kickoff

Note: The Poker Dream tournament doesn’t rely on ApeCoin DAO funds for core operations or event execution. The requested funds will be used exclusively for marketing, additional ApeCoin prizes, and the development of the Ape Gallery and Boredega.

This investment will enable ApeCoin to revolutionize the IRL poker tournament landscape, driving ApeCoin, Web3 adoption and showcasing its potential on a global stage.

Hi @Lim031400,

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

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

Hi @Lim031400,

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.
  • @Lim031400 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

Hi ApeCoin DAO Community,

@Lim031400 has completed editing their AIP Idea to be their AIP Draft.

This proposal has been assigned the AIP ID Number 554.

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 @Lim031400’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

Hi ApeCoin DAO Community,

@Lim031400 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,

-@Facilitators

Hi ApeCoin DAO Community,

@Lim031400 has responded to our questions and has provided consent to share them in this forum for the community.

Click to expand Q&A with @Lim031400

1. As your proposal is requesting a grant in excess of $100,000 please structure your request for funding in tranches (or milestone-based disbursements). We are happy to help with this.

Upon approved $70,000 (Plan and development), third month $70,000 (Tournament preparation and setup), $100,000 (Tournament kickoff)

2. Regarding Reporting Expectations, at what point would your reporting end?

Upon conclude of fourth tournament, estimated at 2025 Q3

3. Your Reporting Expectations mentions conducting “A thorough analysis of the project’s impact on the ApeCoin ecosystem.” What key performance indicators and/or metrics would be utilized to quantify this impact?

Tournament (Sign-up, visitors), Ape Gallery and Boredega (Visitors, sales), Social media stats

4. Please update your Overall Cost, specifically by providing greater detail regarding how the funding for Branding & Marketing ($70k), Ape Gallery & Boredega ($40k), and Merchandise & Operations ($30k) would be allocated.

Branding & Marketing ($70k)

  • ApeCoin-themed design - $10,000

  • Marketing roadmap & strategy - $10,000

  • Social media and news ads - $30,000

  • Web2 & Web3 KOL Partnerships - $20,000

Ape Gallery and Boredega ($40k)

  • Ape Gallery design and artwork - $10,000

  • Ape Gallery material and setup - $10,000

  • Boredega Interior design - $5,000

  • Boredega material and setup - $10,000

  • Boredega operation - $5,000

Merchandise & Operations ($30k)

  • Design - $5,000

  • Production and logistic - $17,000

  • Operation - $8,000

5. Provide more details regarding your proposed “Ape Gallery,” including content, location, cost breakdown (as requested above) etc. Also, please note that Bored Ape Yacht Club is owned and operated by Yuga Labs, and any use of registered BAYC trademarks must be expressly approved by Yuga Labs in writing.

An art & story gallery about BAYC and communities, The Otherside and ApeCoin in a designated space within tournament venue.

6. Provide more details regarding your proposed “Boredega,” including content, location, cost breakdown (as requested above), and describe the ways in which MBA creators would go about having their goods/services displayed.

An ApeFest Bodega-like marketplace for MBAs to show case and sale their IP products, in a designated space within tournament venue.

7. Are there any costs for participants to join these four proposed ApeCoin-themed tournaments, and if so how much?

Free entrance for Ape Gallery and Boredega. Poker tournaments do have a buy-in fee that varies by category and location; details will be disclosed before the tournament about to start.

8. What kinds of “ApeCoin-themed merchandise” would be made available, and in what quantities?

From poker accessories to apparels, eg: poker card, chip, ash tray, bucket hat, jacket, etc

9. Do you have plans to sell any of this proposed ApeCoin-themed merchandise?

Yes

10. 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

11. Would your expectation be to keep complete ownership of all content produced from this proposal?

Yes

12. Regarding social media requests, the APE Foundation has introduced a social media request form to streamline the process of requesting tweets, retweets, and other social media activities. This form is currently accessible to approved AIP Authors, and requests would be considered at the discretion of the Ape Foundation.

Noted

13. 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 produced by Poker Dream would be in keeping with these guidelines?

Yes

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

Edits have been applied to the AIP, with the author’s consent. You may click on the pencil icon to view 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.

Kind Regards,

-@Facilitators

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,

-@Facilitators