ApeChain: Build an ApeChain - Vote For or Against

PROPOSAL NAME

ApeChain: Build an ApeChain - Vote For or Against

PROPOSAL CATEGORY

Process

ABSTRACT

This vote is to decide whether or not to proceed with the results of the proposal titled “ApeChain: Selection of proponent to build ApeChain”, which aims to select a proponent to build ApeChain, a dedicated ApeCoin blockchain that scales $APE and supports the growth of the ApeCoin ecosystem.

BENEFIT TO APECOIN ECOSYSTEM

The potential proponents will be the providers who chose to apply and qualified for the Request for Proposals (RFP) advertised here:

STEPS TO IMPLEMENT

Voting FOR = Approve the continuation of voting of ApeChain: Selection of proponent to build ApeChain

Voting AGAINST = Disapprove the continuation of voting of ApeChain: Selection of proponent to build ApeChain and delete the Snapshot

VOTING PERIOD

6-days

OVERALL COST

$0

14 Likes

Thank you to all of the team members that worked to quickly make this possible. Being nimble and adapting to feedback was the right move. :handshake:

15 Likes

Proud of you, ApeCoin.

Now let’s kick off 2024 :fire: :apekinlfg: :fire:

12 Likes

Thanks for doing this. I know it was definitely a hot topic, but we will be made better because of this.

9 Likes

Finally! ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎

5 Likes

Also, I wanna put forward my own opinions on why we dont need Apechain at this moment. This is not against anyone or any group.

#1 $ape currently dont have a vast variety of users/holders compared to fully functional chains.

#2 We as a DAO ourselves rarely use $ape as a means of exchange, only during special events like giving special offers/discount if paying via $ape, accessible content like voting or proposing which is token gated etc.

#3 There are 10k Bored Apes, 10 Mutants and so on… maybe like 150k holders for Apecoin, out which only a small; very small amount of people vote, even less participate in active governance, way less actively speak and raise issues. In all of this, even less number of people offer services against $ape.

There are many such reasons but hopefully these 3 will help people understand why Apechain is a waste of time and energy. Some just wanna use the DAO as a means of exit liquidity, some just wanna leverage the influence and power Apecoin holds in the NFT culture and some just wanna use it to become relevant again in the vast blockchain market.

2 Likes

In alignment with the ApeChain RFP process, the APE Foundation is putting forth this proposal which will run concurrently with the Snapshot vote selection of a proponent.

This proposal is live for Snapshot vote at Snapshot. The voting period closes 6 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.

1 Like

Thank you to all of the team! It’s amazing! :star_struck:

3 Likes

Important step, don’t forget to vote. Approx. 24 hours to go.

1 Like

The more usability and functionality for the ecosystem as a complete whole, I think it’s interesting!

2 Likes

Hi ApeCoin DAO Community,

The voting period has closed for this proposal and it has been accepted with a 91.85% pass rate. The proposal will be passed on for implementation.

As a result of the voting, the selection of a proponent to build an ApeChain continued and AIP-378 was approved by the community.

Follow updates related to this proposal under the AIP Transparency and Execution Category. A new post has been created here, Implementation Update | AIP-378: ApeChain Bid // ApeChain Developed with Arbitrum Technology with Growth Led by Horizen Labs, and further updates will be posted.

Thanks,

-@Facilitators

3 Likes