Abstract Summary:
AIP ID #420 holds special importance within the crypto industry and the Ape community.
This proposal seeks to temporarily reserve AIP ID #420 to create a meaningful impact for the DAO. The proposal team would collaborate with the community to organize a competition where the winner is awarded AIP ID #420 and an ApeCoin grant.
Overall Cost: 420,000 ApeCoin
Related AIPs:
Timeline Updates:
4/1/2025: As part of the monthly progress reports, the authors report that the competition development remains an ongoing process, and more details are to be released at a later date. As yet, no funds have been released from the ApeCoin DAO treasury as a result of this AIP.
@Lost as a Facilitator in the forum. Please can you lead by example and give an update to AIP-399.It has been over 6 months since this AIP has passed.
It also stated this in the snapshot:
This proposal seeks to temporarily reserve AIP ID #420 to create a meaningful impact for the DAO.
While I understand the AIP does not give a specific time limit, more than using the term temporarily reserve. The term “temporarily” typically implies a limited time frame, yet the specific length is left open to interpretation.
It would be good to get other DAO community members opinion on how long this time should be?
As part of mandatory monthly progress reports, the authors report that the competition remains an ongoing process, and more details are to be released at a later date. As yet, no funds have been released from the ApeCoin DAO treasury as a result of this AIP.