Bulls on the Block

Disclaimer: Due to the recent approval of AIP-436, all AIPs requesting an allocation denominated over US$250,000 will require a super majority approval of 69% of the total number of votes cast. The Foundation has already begun coordinating to develop our new Snapshot strategy to automate these new decision making guidelines, however, we will ensure compliance with this guideline manually in the interim.

This AIP falls above that threshold and will require 69% of votes to be approved.

PROPOSAL DESCRIPTION

Bored Arcade is set to redefine the gaming experience with a degen twist! The BAYC/YUGA-themed arcade will be exclusively native to ApeChain and powered by $APE coin. Our mission? To craft addictively fun games that are straightforward yet compelling—like the beloved “Dookie Dash.” We get it: The everyday non gamer as well as Web3 aficionados crave games that are both easy to grasp and a blast to play, and most importantly you can win a ton of dope stuff!

At launch, players will dive into mini-games designed for everyone from casual dabblers to enthusiasts. You’ll use $APE coin to snag $INSERT tokens, which are your ticket to gameplay. Like those old-school arcades, you’ll collect raffle tickets to score insane prizes. Our simple-to-play, yet addictive games are sure to draw a diverse crowd of gamers, memecoin degens, and even everyday apes.

Bored Arcade isn’t just fun and games; it showcases cutting-edge blockchain gaming tech, spotlighting ApeChain’s potential. This could spark further developer interest and investment in the platform. And with community engagement at its core, our chase-based prize draws, and engaging gaming will foster a dynamic community within the Ape Chain ecosystem.

With raffles and prizes, players will be rewarded daily and weekly. Prize pools will consist of $APE coin contributions and other assets, with 70% going to the winner and 30% allocated back to the platform for buy-backs, airdrops, and a portion of the proceeds going back to the APE Coin DAO.

We’re ramping up perks for BAYC holders too. They can bring their PFP avatars into the games, scoring 1.5x more $INSERT tokens and boosting their chances at raffle winnings.

Bored Arcade’s in-app wallet simplifies account creation and user management. This feature integrates an EVM wallet function for depositing $APE coin, exchanging it for $INSERT token, managing raffle tickets & prizes, and authorizing micropayments for in-game items while playing the games anywhere you want with your mobile. We understand the best tool is the one in your pocket so expect Bored Arcade on Apple App Store and Google Play Store.

Last but not least our Mini-game Generation Engine, Bored Arcade will establish an innovative game generation engine, equipped with a set of versatile templates designed to streamline the creation of minigames targeted but not exclusively to meme coin projects

These templates enable the rapid development and deployment of new games, significantly enhancing our ability to deliver products regularly, to expand the Bored Arcade platform, and the ApeChain ecosystem.

Welcome to Bored Arcade, where we play hard and degen harder!

BENEFIT TO APECOIN ECOSYSTEM

Bored Arcade is giving back 10% of gross revenue to the ApeCoin DAO treasury, expected to begin about three months after the initial launch.

1. Increased Utility for $APE Coin: Bored Arcade uses $APE coin as the primary currency for gaming transactions, enhancing its utility and circulation within the ecosystem.
2. Community Engagement and Growth: The platform’s engaging, chase-based prize draws and addictive games are designed to foster a vibrant community within the ApeChain ecosystem and beyond, increasing user engagement and retention.
3. Showcasing Blockchain Capabilities: Bored Arcade showcases the innovative possibilities of blockchain-based gaming on ApeChain, potentially attracting further interest and investment in the technology.
4. Incentive Mechanisms: The distribution of raffle prizes and the special benefits for BAYC holders (like increased $INSERT tokens) create attractive incentive mechanisms that can drive participation and investment in the ecosystem.
5. Diverse Audience Reach: By targeting not only expert gamers but also crypto enthusiasts, memecoin degens, and casual mobile users, Bored Arcade can significantly broaden the user base of the ApeChain ecosystem.
6. Minigame Generation: The platform’s sophisticated capabilities allow for accelerated game development, providing value that can be used to optimize the ApeChain experience and drive further ecosystem growth.

These benefits strengthen the ApeCoin/ApeChain ecosystem, making it more attractive to users, projects, and investors.

LIST OF FEATURES:

1. Yuga/BAYC-themed arcade games
2. $APE coin integration
3. Daily/weekly raffles and prizes
4. BAYC PFP avatar integration
5. In-app digital wallet system
6. X/Twitter login integration
7. EVM wallet functionality
8. Micropayment authorization for in-game items
9. Available on mobile iOS and Android
10. Reward tracking system
11. Accelerated game generation
12. Ready-to-go game templates

PLATFORMS & TECHNOLOGIES:

Key Components:

• Mini-Game Catalog
• Prize Distribution System
• Wallet and Payment System
• Community Management
• Mini-Game Generation Engine

These core elements are designed to turbocharge the ApeChain ecosystem and the utility of $APE coin.

Dive into our expansive BAYC/YUGA-themed mini-game catalog, tailored for every type of player—from the casual to the experienced. Coupled with our enticing prize distribution system, gamers will be motivated to log in daily and eager to play and win.

Our seamless wallet and payment system is crafted to effortlessly onboard gamers. With this system, players can smoothly navigate the platform, effortlessly buying $INSERT tokens with $APE coin, managing their raffle tickets, and exchanging assets, all on iOS and Android. To further enrich the player experience, we’re incorporating a community tab to foster discussions on game strategies, raffle tactics, and other related chatter.

Last but not least our mini-game generation tools will help foster a new kind of degen that will come to ApeChain to receive a template game of their choice or a custom-built game using $APE coin. We want to bring fun, addictive, degen-like, mini-games to the masses and feel that ApeChain is the best place to do so.

Bored Arcade is not just ready—we’re thrilled to support the ecosystem by crafting degen games for the ApeChain native platform. Let’s game on!

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 800,000 APE

3rd Quarter 2024 Budget - 200,000 APE

• 3 - 4 mini-games live at launch
• Accelerated Mini-Game Development

4th Quarter 2024 Budget - 350,000 APE

• Launch Raffle system & Wallet system
• 3 additional Bored Arcade mini-games
• Catalog system launch

1st Quarter 2025 Budget - 150,000 APE

• Launch Community system integration
• Bored Arcade Listing
• Additional 5 mini-game templates launched
• Additional mini-game engine development

Marketing Budget - 100,000 APE

• Contests
• Giveaways (SAF spaces, raffles)
• Quests
• Video content
• IRL marketing
• Ads online (explorers, scanners, tg bots, etc)
• KOL campaign
• Gorilla marketing
• Apple App Store and Google Play store marketing

Use of Funds:

• Initial Mini-Games Launched
  • Description: Bored Arcade will launch with 3 - 4 mini-games to ensure instant use of APE.
  • Budget Allocation: 100,000 APE
  • Timeline: 3 - 4 weeks (Q3 2024)
  • Details: 3 - 4 unique mini-games that accept APE coin, collecting airdrop points for the raffle system.

Disclaimer: Due to the recent approval of AIP-436, all AIPs requesting an allocation denominated over US$250,000 will require a super majority approval of 69% of the total number of votes cast. The Foundation has already begun coordinating to develop our new Snapshot strategy to automate these new decision making guidelines, however, we will ensure compliance with this guideline manually in the interim.

This AIP falls above that threshold and will require 69% of votes to be approved.

PROPOSAL

Link to the full proposal: (https://forum.apecoin.com/t/aip-483-bored-arcade-the-ultimate-degen-arcade-mini-game-creation-factory/24563)

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.

------------ Important Note for BOTB NFT voters --------------

IMPORTANT NOTE: Unfortunately, due to the character limit of the BOTB Snapshot, the AIP contents on ApeCoin DAO Snapshot could not be fully duplicated here.

Therefore, please read the full AIP contents on the ApeCoin DAO Snapshot and Discourse before casting your vote on the BOTB Snapshot:

ApeCoin DAO Snapshot link: https://snapshot.org/#/apecoin.eth/create/0xa3b7c1f71e8c03e40bc120945ffadcdbebe65e2be0f678b5d98009071840dfc4 Link to the full proposal: https://forum.apecoin.com/t/aip-483-bored-arcade-the-ultimate-degen-arcade-mini-game-creation-factory/24563 Thank you very much for your kind understanding.

IMPORTANT NOTE: The BOTB Snapshot is a mirrored version of the ApeCoin DAO Snapshot.

Members will vote with BOTB NFTs on our BOTB Snapshot. Delegated voting will then be done on the ApeCoin DAO Snapshot with the botbape.eth wallet.

Read, research, discuss - See what you think, fellow BOTBs! Make your voices heard