ApeCoin

ABSTRACT

The proposal aims to support the Community-Led IP ecosystem (CLIP), powered by ApeCoin, dedicated to empowering web3 creators, brands, and enthusiasts in the digital ownership landscape. CLIPStarter, our flagship platform, will serve as the innovation, fostering collaboration, and driving the commercialisation of NFT IP assets. Through crowdfunding for community projects, virtual exhibitions, collectibles, loyalty programs, and strategic partnerships, CLIP will pave the way for NFT IP to transcend mere collectibles and become powerful engines of commerce.

CLIP will be implemented based on ApeChain. While ApeChain is the infrastructure that scales $APE and support the growth of ApeCoin ecosystem, CLIP will become the IP licensing engineer on top of ApeChain and be among the first few dAPP on ApeChain with real business operations.

We will setup a dedicated APE Team to serve ApeCoin DAO and ApeChain:

1. Identify opportunities with new brands and partners to collaborate with ApeCoin DAO and ApeChain
2. Promote ApeCoin to all existing ecosystem partners to raise brand awareness and integrate ApeCoin into entertainment & lifestyle sectors such as movies, video games as skin, traits, characters, F&B, etc.
3. Proactively develop high-end collectables with existing brand partners, exclusively for ApeCoin DAO members
4. Develop pinnacle experience with brand partners, exclusively available to ApeCoin DAO members.
5. Connect Made-By-Ape (MBA) products with sales channels and promote brand awareness for MBA builders.
6. To encourage ApeCoin holders to migrate their $APE to ApeChain, our loyalty system shall provide a multiplier to our participants who holds $APE on ApeChain.
7. A CLIP ecosystem grant will be setup to provide initial funds for qualified creators if they are willing to
   • Adopt ApeChain as the core blockchain infrastructure technology to their projects, and/or
   • include and promote ApeCoin in their projects (subject to ApeCoin DAO final approval);

Any projects receiving the CLIP ecosystem grant will have to contribute a certain percentage of their Net Revenue to the Ape Foundation
 This will be able to attract high quality projects, as well as strong Web3 communities such as Mocaverse, Pudgy Penguin, etc., to the CLIP and APE ecosystem.

BENEFIT TO APECOIN ECOSYSTEM

CLIP will provide a platform for any builders to showcase and promote their IP and projects, fostering collaboration and driving innovation within the ApeCoin DAO ecosystem. By empowering creators and brands to leverage the power of NFTs, CLIP will attract new users and drive adoption of ApeCoin as a valuable digital asset. Additionally, by facilitating partnerships and collaborations, CLIP will enhance the visibility and credibility of ApeCoin DAO, positioning it as a hub for digital creativity and innovation. Since ApeCoin aims to be the leader of Web3, this platform powered by ApeCoin will help build IPs around it and make ApeCoin achieve its goals. This will also be a very powerful business applications running on ApeChain and help driving the growth of the ApeCoin ecosystem.

ApeCoin Foundation shall receive:

• 50% of the Net Revenue generated by the APE Team
• Branding Integration opportunities into all the CLIP’s featured projects that potentially will create millions of impressions, as a means to promote ApeCoin and ApeChain.
• Revenue contributions from projects supported by the CLIP ecosystem grant.
• 500 limited-edition branded collectables, licensed with Mocaverse NFT, will be distributed to ApeCoin DAO’s community members as exclusive rewards.
• 500 limited-edition branded collectables licensed with BAYC NFT, will be distributed to ApeCoin DAO’s community members as exclusive rewards.
• 50 conference tickets hosted by CLIP, providing ApeCoin DAO with opportunities to engage with industry leaders and stakeholders.
• All these collectables and tickets will be distributed to the top 1,000 active ApeCoin DAO’s participants based on the CLIP’s loyalty system. Anyone holding $APE on ApeChain will receive a multiplier.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund: 2,750,000 ApeCoin

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-417-ip-ecosystem-with-clip-powered-by-apecoin/22886

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.