PROPOSAL NAME:
We are thrilled to present TEA WITH APES, brought to you by Bored British Tea and powered by $APECOIN.
TEAM DESCRIPTION:
Bored British Tea is a UK-based luxury ea and coffee connoisseur led by John-Paul Nwodo (@jpnspy.eth), a highly skilled tea expert with a rich background at Harrods (British Luxury Department Store). With a Master’s Degree in Cybercrime and Digital Investigation, John-Paul is also a Web3 enthusiast and currently works as a cybersecurity specialist.
PROPOSAL DESCRIPTION:
Our proposal seeks funding to kickstart the Apechain-powered British luxury tea and coffee IP brand.
Bored British Tea aims to captivate new Web3 enthusiasts by creating awareness through the simple pleasure of a cup of tea and coffee.
Our strategy involves building brand presence by visiting UK universities, libraries, and Web3 summits to offer complimentary cups of tea and coffee while engaging in conversations about Web3 and our Apecoin-powered products.
BENEFIT TO APE-COIN ECOSYSTEM:
We’re excited to offer our wonderful products at a discounted rate when you use $Apecoin for your purchase.
Our goal is to contribute to the Apecoin ecosystem by selling our products on $ Apecoin-enabled platforms like Shopify and providing discounts and value-added benefits to Apecoin holders.
Additionally, we’ll be accepting Apecoin as a form of cryptocurrency payment on our website. We’re looking forward to enhancing Apecoin DAO IP assets with these initiatives.
Tea or Coffee, a hug in a mug. We believe that sharing a drink is more than just an act - it’s an experience. That’s why we plan to take our products to various locations, conducting and participating in workshops at universities, libraries, and Web3 summits in the UK and Europe. Our goal is to educate tea and coffee enthusiasts about $APE while making it our primary crypto payment option.
Furthermore, we aim to sponsor events and promote BoredBritishTea products and the Apecoin brand within relevant crypto/NFT communities, creating awareness through effective marketing strategies.
DEFINITIONS:
Not Applicable
STEPS TO IMPLEMENT:
We aim to provide free tea and coffee at Apecoin DAO-approved events in the UK for up to 100 people upon request, with the potential for international extension upon special request. We plan to support established events by offering and serving free tea and coffee, thereby creating opportunities for conversations to educate about Web3, $ApeCoin, and to grow BoredBritishTea sales.
Our inaugural event appearance will take place at ApeFest Lisbon in October 2024, featuring the Made By Apes marketplace.
REPORTING EXPECTATIONS:
We are committed to expansion and will provide quarterly progress reports for transparency.
OVERALL COST:
To initiate this project with full force, we are seeking funding for the production costs of 30,000 tea bags in 5 varieties: white tea, green tea, black tea, Oolong tea, pu-erh tea, and traditional ground coffee.
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PROPOSAL NAME:
We are thrilled to present TEA WITH APES, brought to you by Bored British Tea and powered by $APECOIN.
TEAM DESCRIPTION:
Bored British Tea is a UK-based luxury ea and coffee connoisseur led by John-Paul Nwodo (@jpnspy.eth), a highly skilled tea expert with a rich background at Harrods (British Luxury Department Store). With a Master’s Degree in Cybercrime and Digital Investigation, John-Paul is also a Web3 enthusiast and currently works as a cybersecurity specialist.
PROPOSAL DESCRIPTION:
Our proposal seeks funding to kickstart the Apechain-powered British luxury tea and coffee IP brand.
Bored British Tea aims to captivate new Web3 enthusiasts by creating awareness through the simple pleasure of a cup of tea and coffee.
Our strategy involves building brand presence by visiting UK universities, libraries, and Web3 summits to offer complimentary cups of tea and coffee while engaging in conversations about Web3 and our Apecoin-powered products.
BENEFIT TO APE-COIN ECOSYSTEM:
We’re excited to offer our wonderful products at a discounted rate when you use $Apecoin for your purchase.
Our goal is to contribute to the Apecoin ecosystem by selling our products on $ Apecoin-enabled platforms like Shopify and providing discounts and value-added benefits to Apecoin holders.
Additionally, we’ll be accepting Apecoin as a form of cryptocurrency payment on our website. We’re looking forward to enhancing Apecoin DAO IP assets with these initiatives.
Tea or Coffee, a hug in a mug. We believe that sharing a drink is more than just an act - it’s an experience. That’s why we plan to take our products to various locations, conducting and participating in workshops at universities, libraries, and Web3 summits in the UK and Europe. Our goal is to educate tea and coffee enthusiasts about $APE while making it our primary crypto payment option.
Furthermore, we aim to sponsor events and promote BoredBritishTea products and the Apecoin brand within relevant crypto/NFT communities, creating awareness through effective marketing strategies.
DEFINITIONS:
Not Applicable
STEPS TO IMPLEMENT:
We aim to provide free tea and coffee at Apecoin DAO-approved events in the UK for up to 100 people upon request, with the potential for international extension upon special request. We plan to support established events by offering and serving free tea and coffee, thereby creating opportunities for conversations to educate about Web3, $ApeCoin, and to grow BoredBritishTea sales.
Our inaugural event appearance will take place at ApeFest Lisbon in October 2024, featuring the Made By Apes marketplace.
REPORTING EXPECTATIONS:
We are committed to expansion and will provide quarterly progress reports for transparency.
OVERALL COST:
To initiate this project with full force, we are seeking funding for the production costs of 30,000 tea bags in 5 varieties: white tea, green tea, black tea, Oolong tea, pu-erh tea, and traditional ground coffee.
The breakdown cost would be;
Production Cost:
Tea
$10,000 for 5 varieties of teabags at production costs of $0.33 a teabag for (30,000 teabags ).
*40 teabags luxury boxes to comprise 8 packs of each tea variety to be retailed at $20 per box.
Individual 8 teabags pack of each variety to be retailed for $5 a pack each. (If purchased separately instead of the 40 teabags package).
Coffee
$12,000 for 3000 packs of 250g Ground traditional coffee at production costs of $4 a pack.
- Each traditional package pack will be retailed for $10 a pack.
Luxury premium packaging production cost;
750 - Luxury paper rectangular teaboxes @ $0.30 each ($225 total cost)
3000 - Luxury paper cylinder ground coffee boxes @0.30 each ($900 total cost).
Sales and promotion materials for workshops and events. (Booth signage, banners, stickers and T-shirts) costs: $500
Logistics and shipping cost: $400
Custom duties, Storage and miscellaneous costs: $1000
Total production costs breakdown: $ 25,025
===================================
The anticipated amount to be realised from coffee sales is $30,000
The Anticipated amount to be realised from tea sales is $15,000 - $18,750
Total amount to be realised from sales: $45,000 - $48,750.
Anticipated profit $15,000 (-$25,000 production cost, -$8,750 Apecoin holder discounts and promotional giveaways).
Total amount requested from the ApeCoin Ecosystem Fund = $25,000
Kapow! “A hug in a mug.” I like it 
