D-Day Delegation - BoredApeYachtClub Reactivation

**PROPOSAL NAME:

D-Day Delegation - BoredApeYachtClub Reactivated

**TEAM DESCRIPTION:

Every Holder of a BAYC and MAYC NFT Asset

  • Brief description of who you are
  • We are the Community
  • Include any relevant professional and academic history
  • We founded the most iconic Club of Builders and Creators , the BoredApeYachtClub
  • Share your preferred communication platform, including your username or other helpful contact information.

Twitter and Telegram

PROPOSAL DESCRIPTION:

  • Delegate 6.000.000 $APE Coin to the D-Day Delegation - BoredApeYachtClub Reactivation initiative

The initiative will setup a new Voting System on Snapshot.org to Vote in the ApecoinDAO via the 30.000 BAYC and MAYC Assets.

1 NFT = 1 VOTE

BENEFIT TO APECOIN ECOSYSTEM:

  • Reactivate the BAYC & MAYC NFT Holders to participate in the ApecoinDAO Voting

DEFINITIONS:

  • To honor the great invention made by the Mocaverse Community and to bring the same positive Vibes back to the BAYC & MAYC Holders

STEPS TO IMPLEMENT:

REPORTING EXPECTATIONS:

  • Weekly transparency Report will be provided

OVERALL COST:

0 APE

There are No Costs to the DAO

ALL funds will stay in Ownership of the ApecoinDAO

Initial reaction: Interested in this. Puts the Ape back in ApeCoin.

Anything that balances and democratizes voting in the DAO is a move in the right direction IMO.

Is 6M the right number?

Also, if we do this for the BAYC/MAYC community, what other communities should be allowed to receive a similar delegation of $APE? Can we make some criteria for that?

2 Likes

One question as MOCA has most of the delegation 6 of 6.3m from Animoca, to replicate this wouldn’t it make sense that Yuga was the one delegating their ApeCoin. Of course we can’t vote on what Yuga wants to do with its APE, just putting this point out there.

2 Likes

Do we know if Yuga can legally do this given the firewall in place between Yuga and the DAO?

I cant even pin point some things that will render this idea useless in this phase. Hopefully it will be updated with more insight. Some things in my opinion that should be considered:

#1 A large number of Bored Apes dont like the DAO or how its functioning at all.
#2 Assigning 6 million $ape would give the limited number of apes that are active a massive power trip. We know what happens when egos clash in DAO.
#3 Not many people are a fan of Moca delegation in the Apecoin DAO and its weightage over voting, its been brought up time and again.

There are many more like this, mostly on legal basis, the execution of this AIP process here is incomplete.
I seriously believe that Bored Apes and Apecoin should be consider entirely different entity and have been saying this since the very beginning of me exploring the DAO.

Suggestion: I think instead of this 6 million $ape delegation just like Moca Community, all of the interested bored apes can delegate their own $ape to one wallet to vote and follow the procedure you want to have. This way slowly and gradually every bored ape will be an advocate of $ape and its voting practice and in time it’ll grow. Maybe more than 6 million $apes. I’m 100% sure right now that directly giving 6 million $ape voting power to only a hundred Bored Apes and Mutant would actually disrupt the voting mechanism even more. You think 2-3 major whale wallets are power trip but imagine one more whale voting wallet with only few bored apes voting inside the DAO.

1 Like

Hi @Moca_Bond_007 ,

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

1 Like

Appreciate not all of the comments made are supportive, but I really think this is stroke of genius - to bring back the OG YUGA APES - especially with ApeChain launch rapidly approaching.

I do have one question @Moca_Bond_007 - will there be a quorum like Moca? If yes what are you thinking, and if not could I ask why? (Or tbd at a later date once passed etc)

(D-day title is :fire:.)

Many thanks.

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

Hi @Moca_Bond_007 ,

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.
  • @Moca_Bond_007 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