ApeCoin

PROPOSAL DESCRIPTION

We will launch an APE-themed hotel in a prime location in central Bangkok, Thailand. Our goal is to enhance the BAYC IP Exposure, visibility and utility of ApeCoin, and generate actual revenue for ApeCoin DAO.

This proposal combines IP application, the hotel industry, the arts, and the cryptocurrency field. The hotel will offer a variety of activities, including ApeCoin-themed exhibitions, an APE bar, various APE community-themed rooms, an APE swimming pool, and an MBA-themed exhibition area, fully promoting ApeCoin, ApeChain, and various APE communities. We will provide various benefits to the APE community.

BENEFIT TO APECOIN ECOSYSTEM

1.Revenue Generation:
50% of the revenues from themed rooms will be received by ApeCoin DAO for one year once these rooms are completed. DAO will receive revenue from all themed rooms, including APE, BAYC, Otherside, Apechain, Mocaverse. Funds will be returned to the DAO Treasury on a quarterly basis, and the hotel will handle the local compliance and settlement of the funds. We’ll keep looking for more opportunities to create other income.

[Images and Logos for Illustrative Purposes Only, All NFTs Held by the Team]

2.Real-World Utility:
Hotel rooms and bars will accept ApeCoin for payment, demonstrating ApeCoin’s applicability in the real world and encouraging circulation and usage.

3.Brand Exposure:
Through themed exhibitions, bars, and rooms, we will extensively promote ApeCoin.

4.Community Benefits:

1. Offer 50 room nights for free to APE holders. Total 50+ nights for the ApeCoin holders, max 1 night for each holder, FCFS.
2. APE community members can use the rooftop bar for events for free.
3. APE community members can access the MBA exhibition area for free. To verify holders, we will take strict measures:

• Show that they are Apecoin Forum members, increasing the number of Forum builders.
• Need to register Apecoin wallet and show Apecoin holdings.
• Need to post on Twitter and @Apecoin.

Process: Holders can book rooms through the hotel’s official designated channels. Upon normal check-in, show the following at the front desk:

1. Show that they are Apecoin Forum members
   • Logon any wallet holding Apecoin, show their wallet and Apecoin balance > 1
   • Verification could be done by trained hotel front desk staff
2. Check in and have fun
3. Post rooms on Twitter and @Apecoin before check out
   • Any Holder wishing for a free stay must tweet to get cashback, including pictures of the themed room and any positive experiences or feelings they want to share.
4. Receive the hotel’s cashback

5.Community Engagement:
Host events for ApeCoin members every two months, gathering the community and strengthening connections. The AIP team will handle event organization and venue setup, with no additional costs. Specific timings will be determined based on community sign-ups at that time. Since no extra investment is needed, there will be no KPIs for now.

6.IP Development and Diversity:
Create themed rooms for the APE community, including Otherside, BAYC, and Mocaverse, and promote the cultures.

[Images and Logos for Illustrative Purposes Only, All NFTs Held by the Team]

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 410,000 $APE.

• APE Community Themed Exhibition: 20,000 APE
• ApeChain Themed Exhibition: 20,000 APE
• APE-themed Rooms: 30,000 APE
• ApeChain-themed Rooms: 30,000 APE
• Otherside-themed Rooms: 30,000 APE
• BAYC-themed Rooms: 30,000 APE
• Mocaverse-themed Rooms: 30,000 APE
• APE-themed Pool: 50,000 APE
• Staff Costs: 25,000 APE
• APE Rooftop Bar: 50,000 APE
• 50 Free Room Nights: 40,000 APE
• Hotel Lobby Decorations: 15,000 APE
• MBA-themed Exhibition Area: 10,000 APE
• Equipments, Materials, Miscellaneous and Contingency Costs: 30,000 APE

We plan to manage the funds through a multisig wallet, with multisig permissions granted to team members. Additionally, we will publish a detailed report on fund usage every 2 months.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-448-apecoin-hotel/23961

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.