AIP-580: Bored Angels at Token 2049 Dubai

Bored Angels at Token 2049 Dubai

Team Description:

FundSpring Capital connects groundbreaking ventures with the resources they need to grow, acting as an active investor, advisor, and private placement agent. Specializing in AI, Web3 and Blockchain, FundSpring provides verified deal flow to VCs, Family Offices, and Angel Investors, while ensuring startups are investment-ready with strong teams, technology, and projections. Successful ventures gain access to FundSpring’s extensive network, offering strategic support and valuable connections to drive dynamic growth.

FundSpring Website

Montriond, FundSpring’s founder, is an accomplished angel investor and strategic advisor with expertise in traditional finance, technology, and entrepreneurship. With over 20 years of experience spanning investment banking, hedge funds, venture capital, and private equity, Montriond has led high-profile financial initiatives and supported emerging ventures in blockchain and AI. As an active member of the BAYC & ApeCoin community, he bridges innovation with investment, contributing valuable insights to support projects at the intersection of finance and technology. His leadership in FundSpring reflects a commitment to advancing promising Web3 initiatives by fostering collaboration between startups and investors.

Montriond X account

Boring Yachts is an event production company and exclusive club connecting entrepreneurs, digital asset enthusiasts, and blue-chip holders through exceptional experiences in iconic global locations. Over the past two years, Boring Yachts has hosted more than 20 standout events at major conferences like Art Basel, NFT NYC, and Token2049, in venues such as the Burj Khalifa, New York City, and the Seine River in Paris. These events have fostered collaboration among numerous Made By Apes brands, including those from the Thank Ape accelerator program. Boring Yachts also played a pivotal role in the Ape Fest 2023 closing event in Hong Kong, reinforcing its significance within the Web3 ecosystem.

Boring Yachts Website

Founders Jack and Neo bring over six years of expertise in producing high-profile IRL events, managing teams of over 100 people to create tailored experiences for celebrities and prominent clients. They are active members of the MBA community, not just through Boring Yachts but also as the founders of Apes Game Club and GnomoLabs. Boring Yachts is set to expand its reach with the NFT Free-Mint Captain Hat and Secret Hunter Key, offering lifetime event benefits and opportunities to earn $APE.

Jack X Account
Neo X Account


Proposal Description:

Bored Angels is a proposed in-real-life (IRL) event to be held at Token 2049 in Dubai on April 29-30, 2025, one of the most significant blockchain and crypto conferences worldwide. This event aims to secure ApeCoin DAO sponsorship to organize a Shark T.-style pitch competition for Web3 projects, connecting startups with industry-leading investors and venture capitalists (VCs).

Bored Angels, led by FundSpring and produced by Boring Yachts, will feature a dynamic stage where selected Web3 projects will present their vision, tokenomics, and roadmaps directly to influential investors. The goal is to drive innovation within the ApeCoin ecosystem and Web3 at large, foster meaningful collaborations and expand ApeCoin’s presence in the Web3 community.


Benefit to ApeCoin Ecosystem:

  • Main Sponsor for $ApeCoin:
    ApeCoin will be the headline sponsor, aiming for prominent branding and visibility at Token 2049, reaching over +350 IRL attendees IRL and thousands more online through live streaming.

  • Web3 Startup Pitches:
    Ten carefully selected Web3 startups will present their projects to a panel of “The Angels” Each project will have a 5-minute pitch session, followed by live feedback and panel Q&A.

  • Meet the Angels:
    Four investors will listen, ask questions, and be able to invest in the startups. Three of them will represent important investment funds in the web3 industry, while the fourth Angel will be chosen by an open vote for 7 days for Apecoin holders. An open application form will be available for those interested in participating as the fourth Angel.

  • Spring Method Selection Process:
    Projects will be selected using the Spring Method, a due diligence framework that evaluates tokenomics, business models, and scalability. This ensures that only high-potential projects aligned with Web3 innovation are featured at the event. Only projects Made By Apes or directly related to Apechain/Apecoin will be taken into account.

  • Live Streaming and Global Reach:
    The entire event will be professionally live-streamed on Ovi, with simultaneous streaming on X, ensuring maximum accessibility for the global ApeCoin and Web3 community to participate and engage.

  • Live Fundraising:
    Projects that approve this feature, will have the chance to open a live fundraising round during the event, allowing the audience to invest in token presales or other opportunities, via live streaming platform.

  • The Community’s Favorite:
    A grant of 25,000 USD on ApeCoin will be awarded to the winner of a community vote held during the live stream, ensuring that the people’s voice determines the most promising project.

  • Exclusive VIP Networking:
    A premium VIP lounge curated by FundSpring will host key stakeholders, including investors, prominent ApeCoin holders, and founders, fostering strategic connections and discussions.

  • Public Attendance and Ticketing:
    A live audience will enhance the energy and interactivity of the event:

    • 80% General Admission Tickets: Distributed via Tokenproof, requiring a minimum holding of ApeCoin in attendees’ wallets. These tickets will be allocated on a first-come, first-served basis.
    • 20% VIP Tickets: Reserved for BAYC/MAYC holders, DAO members, KOLs, and investors, requiring wallet validation. VIP attendees will have exclusive access to the networking lounge and additional perks such as reserved seating and personalized merchandise.
  • Return Generation for the DAO
    For every successful investment made through Bored Angels, 5% of the invested amount will be retained by the initiative. This will be split into a 2.5% return for the ApeCoin DAO (distribution will occur once funds are received by startups, expected in May) and a 2.5% return for FundSpring, ensuring mutual benefit and aligned interests.


Defenitions:

OVI: Live Streaming Platform and Creator Ecosystem - ovi.live


Marketing and social media objectives:

To maximize ApeCoin visibility and engagement, the Bored Angels event will implement a robust marketing strategy focused on measurable KPIs:

  1. Participation in social networks:
  • Objective To increase participation in ApeCoin official channels by 50% during the event promotion period.
  • Track metrics like views, interactions, and shares on event-related posts.
  1. Audience reach:
  • Millions of impressions on Twitter, Instagram and LinkedIn through paid advertising, influencer collaborations and organic reach.
  1. Live Stream Metrics:
  • Achieve a highly viewed stream for the global Apecoin community who cannot attend the conference and event by making them a part
  1. Impact after the event:
  • Post-event video summary: We will produce and publish a video summary highlighting the success of the event, ApeCoin sponsorship, and key results.
  1. Use of ApeCoin and ApeChain:

*Projects will require investment in ApeCoin and development in ApeChain will be encouraged (selection will be prioritized). Increase ApeCoin usage and fund additional DApps on ApeChain.

Security and Data Protection:

  1. Ticket Distribution:
  • Both general and VIP tickets will be managed via Tokenproof, requiring wallets to hold ApeCoin. The first to claim will receive general tickets, while VIP tickets will require approval based on profiles, prioritizing BAYC/MAYC holders, KOLs, founders, active DAO members, and whales.
  1. Wallet Security:
  • Tokenproof will be used to secure wallet connections. Attendees will only need to whitelist their wallets after the event to claim their rewards, minimizing the risk of security breaches during the event.
  1. Data Protection:
  • All collected user data will be handled by Boring Yachts, with access limited to employees under NDA. This ensures the highest standards of confidentiality and data protection.

Definitions

  • Token 2049: global crypto event held annually in Dubai and Singapore, bringing together founders and executives from top Web3 companies and projects to discuss their insights and perspectives on the industry’s future.

Steps to implement:

  1. Project Start and Timeline

Start Date: 04/01/2025

End Date: 06/01/2025

Total Duration: 2 months

  1. Implementation Phases and KPIs

Phase 1: Planning and Approval (April 1-7)

:pushpin: TASKS TO COMPLETE:

  • Define the scope and specific objectives of Bored Angels within the DAO.
  • Open registrations for MBA and startups developing on ApeChain.
  • Visual strategy and conceptualization of OVI (Overall Visual Identity).
  • Planning and production of digital content for marketing and communications.
  • Marketing and outreach strategy:
    • Contact and coordinate KOLs, influencers, and the BAYC community for online promotion.
    • Create audiovisual materials and key marketing content.
  • Draft contracts for services, investors, and startups.
  • Book travel and accommodation logistics for key team members.

:dart: OBJECTIVES TO ACHIEVE (KPIs):

  • Official approval from the DAO to implement the program.
  • Secure the venue and start event production.
  • Launch the Bored Angels website.
  • Confirm the first three “Angels” as key investors.

:small_blue_diamond: Required Resources:

  • Approval and funding from the BAYC Council and APE Foundation.
  • Project coordination team (FundSpring + Boring Yachts).

:memo: Requests to the APE Foundation:

  • Validation and feedback on the program.
  • Initial funding allocation (1/3) for execution.

Phase 2: Development and Activation (April 7-14)

:pushpin: TASKS TO COMPLETE:

  • Build the participation structure within the DAO.
  • Open applications to select the 4th “Angel.”
  • Produce physical promotional materials (banners, NFTs, QR codes, etc.).
  • Create the event experience (branding, interactive activations, gamification).
  • Design the digital platform for voting, participation, and applications.
  • Secure logistics services: catering, merchandise, and event setup.

:dart: OBJECTIVES TO ACHIEVE (KPIs):

  • Conduct Due Diligence analysis for 50 candidate startups.
  • Receive 20+ applications for “Angel” positions.
  • Achieve +300,000 interactions and views on social networks.
  • Confirm catering and merchandise providers.

Phase 3: Project Selection and Event Preparation (April 14-26)

:pushpin: TASKS TO COMPLETE:

  • Filter and select the 10 most promising finalist projects.
  • Implement the investment bar on the website for project tracking.
  • Activate an online voting system for the community to select the winning project.
  • Book key production elements: lighting, sound, stage, and live streaming.
  • Final marketing campaign: launch of paid ads + organic content.

:dart: OBJECTIVES TO ACHIEVE (KPIs):

  • 10 selected startups with clear investment or support opportunities.
  • Confirm the 4th “Angel.”
  • Increase 50% in views and engagement on social media and the website.
  • Implement voting on the website for the $25,000 Apecoin prize.

Phase 4: Main Event at Token2049 (April)

:pushpin: TASKS TO COMPLETE:

  • Event venue setup with high-end production.
  • Coordinate speakers, investors, and KOLs for panels and networking.
  • Activate live streaming and media coverage.
  • Host the pitch event for the 10 selected projects.
  • Execute the voting process and award the $25,000 Apecoin prize.

:dart: OBJECTIVES TO ACHIEVE (KPIs):

  • +350 attendees at Bored Angels.
  • At least 4 investments made in participating startups.
  • Successful live streaming reaching a global audience.
  • Delivery of physical and digital awards to winners.

Phase 5: Post-Event and DAO Report

:pushpin: TASKS TO COMPLETE:

  • Production of post-event content (videos, photos, interviews).
  • Impact and metrics report for the DAO and APE Foundation.
  • Generate +30 reels and +150 photos for social media and event archives.
  • Distribute the $25,000 Apecoin prize to the winning project.
  • Plan the next edition of Bored Angels.

:dart: OBJECTIVES TO ACHIEVE (KPIs):

  • Publish the official post-event video.
  • Generate post-event engagement with the BAYC community.
  • Deliver a final impact report to the DAO.
  1. Contribution Requested from the APE Foundation
  • Funding for the creation and launch of Bored Angels.
  • Support in marketing and validation through official DAO channels.

Reporting Expectations:

  1. Monthly Progress Updates:
    We will share updates in the ApeCoin DAO forums during the Production & Marketing phase to keep the community informed about coordination, production, and marketing progress.
  2. Post-Event Report:
    A comprehensive report will be delivered to the ApeCoin DAO in May 2025, covering event execution, participation metrics, and outcomes, including social media engagement, user acquisition, and project success rates.
  3. Transparency Commitment:
    A comprehensive post-event report will be shared transparently with the community. This report will include key metrics such as event attendance, project presentations, investor participation, community engagement, and the impact on the ApeCoin ecosystem. All reports will be shared on the ApeCoin DAO forum, ensuring full transparency and community involvement.

KPIs:

  • Number of attendees.
  • Community engagement and participation in voting.
  • Total funds raised during live investment rounds.
  • Social media reach and impressions.
  • Post-event survey feedback and investor follow-ups.
  • Exposure and growth of MBA companies building on ApeChain.

Overall Cost:

Total amount requested from the ApeCoin Ecosystem Fund = $230,000 USD

Financing tranches:

  1. Tranche 1: $100,000 – Released upon approval of proposal to begin configuration, production and marketing.
  2. Tranche 2: $115,000 – Released upon completion of Production and Marketing and before the Execution of the Event.
  3. Tranche 3: $15,000 – Released after the presentation of the reports and after the event.

Bored Angels - Budget Breakdown

Total Amount Requested: $230,000.00

Budget Breakdown 31/03/2025 (Step 1) 14/04/2025 (Step 2) 08/05/2025 (Step 3) Total
Venue and Setup $35,000.00 $35,000.00 - $70,000.00
Live Streaming and AV Production $15,000.00 $10,000.00 - $25,000.00
Production and Merch $15,000.00 $10,000.00 - $25,000.00
Marketing and Promotion $15,000.00 $10,000.00 - $25,000.00
Logistics and Staffing $15,000.00 $5,000.00 - $20,000.00
Prize for the Community (25,000 USD in APE) - $25,000.00 - $25,000.00
Administration and Legal $5,000.00 $3,500.00 $9,000.00 $17,500.00
Report and Analysis of Startups - $6,000.00 $6,000.00 $12,000.00
Contingency - $10,500.00 - $10,500.00
Total Allocated $100,000.00 $115,000.00 $15,000.00 $230,000.00
  • $70,000 – Venue and Setup:
    This category includes tasks such as venue rental, catering, stage design and construction, branding elements, decoration, Wi-Fi and network access, and setup.

  • $25,000 – Live Streaming and AV Production:
    This category includes tasks such as streaming platform costs, audio/visual setup, multi-camera setup, audio production, technical support staff, and simultaneous broadcasting.

  • $25,000 – Production and Merch:
    This category includes tasks such as event décor and branding, event swag, custom VIP kits, printed materials, digital content assets, and prize ceremony arrangements.

  • $25,000 – Marketing and Promotion:
    This category includes tasks such as video editing, design (flyers, banners, flags, general), collaborations with KOLs, PR and promotional activities, creating digital content, social media campaigns, live editing and video switching, post-event video recap, event website, and voting platform costs.

  • $20,000 – Logistics and Staffing:
    This category includes tasks such as flights, accommodation, food, and transport for the event team.

  • $25,000 – Community Prize (25,000 USD in $APE):
    Dedicated funds for the community-selected winner, encouraging active participation and engagement.

  • $17,500 – Administration and Legal:
    This category includes tasks such as marketing strategy development, community communication, public relations and alliances, general organization and supervision, post-event reporting, ROI analysis, legal team support, financial management, and data protection measures.

  • $12,000 – Report and Analysis of Startups:
    This category includes tasks such as initial project filtering and evaluations conducted using the Spring Method.

  • $10,500 – Contingency Fund:
    Emergency funds reserved for unforeseen expenses. Any unused portion will be returned to the DAO.

Hi @Montriond ,

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

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

Hi ApeCoin DAO Community,

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

This proposal has been assigned the AIP ID Number 580.

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 @Montriond '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,

@Montriond 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

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Hi ApeCoin DAO Community,

Edits have been made to this Topic, by the author, by the author’s request, or with the author’s consent.

You can click the Pencil icon at the top of the post to see these edits.

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

Kind Regards,

-@Facilitators

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