Ape Water Powered by ApeCoin

[ApeBeverages]

Hi @adventurousape we appreciate your thoughtful questions as it will help strengthen and refine the Ape Water proposal.

@adventurousape

Have you sought out legal advice regarding this?

In respect to legal we have two established law firms representing Ape Beverages who are experts in SEC regulation. Because our proposal is a brand awareness campaign there is no issues in respect to SEC.

@adventurousape

What do you do with user data? How are your user’s privacy protected? Are people protected from geo-fence warrants? Do you sell user data to third parties? Why should the DAO fund data capture?

User data is protected on AWS severs (AMAZON). Our privacy and guidelines are held to the same professional standards as Apple: For government and law enforcement information requests, Ape Water complies with the laws pertaining to global entities that control our data and we provide details as legally required.

The date is used for loyalty programs ie. (get a free Ape Fest T-Shirt if you experience the 5 Ape Coin AR instillations on site at “Ape Fest”. We also use macro data insights of IRL experiences about the audience to optimize spend and programs. Example, 35% of the last years guests return the following year for Web3 conf XYZ who have

Data capture always happening when we use a smart device and the APE DAO being able to capture users IRL is critical for any level of mass adoption. We capture the phone the number, time and location while using our web2 or App so the data is minimal by design.

@adventurousape

What percentage will remain on the ledger?

No more then 5% of Ape Coin will be stored on our ledger from our own direct transactions with customers. Will go through a review period every 12 months to revaluate company assets.

@adventurousape

Who will be designing the merch? Will the community have any input on the design and type of merch?

Ape Coin related merch will be designed in-house and we will allow 3rd party submissions. We will engage with the community every step of the way for feedback.

@adventurousape

Do the members of the DAO get a say on the branding?

We currently have an Alpha list of over 30 OG Apes who provide valuable input.

The 50% of gross profit from ApeCoin Merch will be distributed however the ApeCoin DAO chooses. Charity or otherwise.

@adventurousape

Could you explain more about where the QR code will be pointed? By ApeCoin branded assets, do you mean merch for sale?

The QR Code is dynamic and can be pointed to whatever the Ape COIN Dao community decides to maximize brand awareness.

@adventurousape

Do you have materials and resources for them to learn more once they hear about ApeCoin and/or the DAO?

The Ape Water Can at IRL events in the distribution tool to help educate. The materials and resources will be created collaboratively with the Ape DAO and Ape Beverages team.