AIP-230: ‘I don’t hate apes, I just want them to fund public goods!”

HIGLIGHTS:
Author:
maariab

Abstract:

This AIP provides for $1,000,000 to fund crypto public goods through ETH Global and ApeCoin hackathons. The goal of this proposal is to 1) give back to the Ethereum community; 2) further development work around account abstraction; and 2) introduce developers to ApeCoin

Steps to Implement:

  1. $300k donation sent to ETHGlobal in USD

  2. $40k in USD sent to ETHGlobal to cover sponsorship fees prior to each hackathon

  3. $10k in APE sent to ETHGlobal to cover prizes at the conclusion of each hackathon

  4. $50k for operational costs will be requested as needed from the Foundation as those expenses are incurred. Receipts will be provided to the Foundation for expense reimbursement.

  5. Events will be coordinated by myself and at least 1 member of the Special Council

Timeline:

First program funded will be Scaling Ethereum in March. Programs will run through EOY.

The Foundation will coordinate with the Ethereum Foundation and ETHGlobal directly to distribute proceeds.

Operational expenses will be reimbursed after they are incurred to ensure the Foundation is covering only relevant expenses.

Each event will require separate coordination for attendees + marketing.

Overall Cost:

The estimated cost of this program is roughly $1,000,000 for 2023.

This includes:

  • $300,000 donated to ETHGlobal

  • $700,000 to sponsor 11 ApeCoin hackathons + at least 5 public goods initiatives

FULL AIP HERE: https://forum.apecoin.com/t/aip-230-i-dont-hate-apes-i-just-want-them-to-fund-public-goods/11280

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