ApeCoin

ABSTRACT

NFT Lab Magazine is a well-established physical publication that has distributed over 20,000 magazines through 4 issues spread across 1,000 locations, reaching over 35,000 readers. This proposal aims at promoting Apecoin and Yuga ecosystem news and projects to the existing audience base and beyond. Our strategy includes generating content that spotlights community projects, ApeCoin DAO news, Yuga projects and approved AIPs, thus enriching the ApeCoin ecosystem and drive mass adoptions, potentially increase the $Apecoin and Yuga collections value.

BENEFIT TO APECOIN ECOSYSTEM

As of right now, ApeCoin primarily revolves around Yuga Labs NFTs and their upcoming Otherside metaverse, but by promoting new use cases through NFT Lab, we can faster adoption for more real-world applications and mainstream adoption in Asia. We will also promote other approved AIPs including becoming an official mentor and collaboration partner with the other ApeCoin funded magazine project called Beyond The Swamp, which is releasing its first issue later this summer based out of North America.

OVERALL COST

To supplement NFT Lab existing operating costs, implementing this proposal to facilitate our proposed expansion, for one year, will be the equivalent of $92,000.00 paid in $APE.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-314-beyond-the-nft-nft-lab-magazines-plan-for-empowering-apecoins-global-community/17038

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.