🟢 Implementation Update | AIP-404: ApeCoin DAO Metaverse Working Group Budget

AIP Execution and Transparency AIP Implementation Updates
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AIP Name: AIP-404: ApeCoin DAO Metaverse Working Group Budget

Implementation Status: Complete

Implementation Date: N/A

Author: @DIM

Abstract Summary: This budget request is to finance the first 6 months of operations of the Metaverse Working Group (MWG).

The operational guidelines for this Working Group are outlined in AIP-245. The proposal provides a comprehensive framework of Objectives and Key Results (OKR) aimed at ensuring ongoing growth and accountability and keeping the community informed about progresses. The Metaverse Working Group consists of a two-person team: David, based in Hong-Kong and Dim, based in France.

This budget allows the MWG to pursue their mission while keeping the flexibility to adapt to potential opportunities.

Overall Cost: $415,500 USD, payable in ApeCoin

Related AIPs: AIP-245: Working Group Charter - Metaverse

Timeline Updates:

9/12/24

We faced several delays on the legal entity creation that had an impact on the grant agreement. We finally received the budget at the end of July and I am currently working on a transparency report to publish by the end of the month.

Interview Q&A:

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A little update on AIP-404, the budget of the Metaverse WG:

We faced several delays on the legal entity creation that had an impact on the grant agreement. We finally received the budget at the end of July and I am currently working on a transparency report to publish by the end of the month.

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