PROPOSAL NAME: ApeCoin DAO acquires gaming empire
Swamp Gaming Proposal Video Presentation: https://www.youtube.com/watch?v=SwA4YZ7tWio
Meet Kungarna.pdf (3.3 MB)
This PDF fully breaks down our company, milestones, revenue breakdown, assets, and more.
Abstract: An initiative for the ApeCoin DAO, aiming to boost recognition and positivity for the Yuga Labs gaming ecosystem within the gaming and esports industry, while expanding its IP and bringing value back to the DAO.
This AIP is spearheaded by accomplished gaming leaders and die hard Yuga holders, this is a multi-year plan and an acquisition of a championship esports team and gaming content empire, already profitable generating seven-figure revenue yearly.
Motivation: Yuga Labs has committed significant investment and resources to the gaming and esports industry, developing projects such as; The Otherside, DookeyDash, The Forge, and Legends of the Mara. To ensure Yuga’s sustained success, it’s vital that our community makes full use of the ApeCoin DAO, an initiative set up by our leaders at YugaLabs, to reinforce their endeavors.
Rationale: It’s clear that the average gamer holds disdain for NFTs, blockchain, and Web3, largely due to scammers plaguing the Web3 space, creating distrust. Regardless of our personal views on gamers’ apprehensions about Web3, it’s fair to acknowledge their reasons for skepticism.
This AIP is designed to acquire an already established gaming entity in an effort to transform the perception of Yuga and reestablish it on a foundation of trust. Our plan is to place gamers and their communities at the forefront, slowly integrating the Yuga Labs gaming ecosystem into our outreach and promotional endeavors. We approach this path knowing it’s a marathon, not a sprint.
All funds will be transparently used and reviewed by the elected ADP (ApeCoin DAO Protectors). All company assets will be transferred to a new ADP controlled entity.
Steps to implement
1.Initiate a process to educate both parties about the limitations and capabilities of the ApeCoin DAO owning this entity and how revenue can be utilized or contributed back to the DAO.
2. Legally execute all necessary steps and ensure funding is secured in a multi sign wallet between our team.
3. Form a reliable and highly regarded ADP team
4. Execute a carefully crafted rebranding strategy for Kungarna that seamlessly resonates with the existing community while also generating viral buzz within the industry.
5. A rigorous 6-month organizational and recruitment effort, characterized by meticulous planning and selection, centered around hiring individuals who are not only forward-thinking but also capable of at least breaking even. This includes candidates for management roles, content creators, and professional gamers who share our vision and are willing to contribute to our mission.
6. Develop and launch monthly programs designed to nurture trust within our gaming community and gain recognition for Yuga Labs’ gaming ventures
7. Conduct an annual review with the ADP to assess what is effective and what isn’t, make decisions based on data, and implement findings
Our team is prepared to execute this acquisition as soon as the AIP is approved.
Team of 50+ highly engaged creators and professional gamers
100 million monthly impressions
Break profit in first 2 years
Ask- 9,000,000 ApeCoin
20% acquisition cost
80% operational cost spread across 5 years evenly sent at the beginning of each year