AIP-36: Guy Oseary as ApeCoin Representative - Ecosystem Fund Allocation
HIGHLIGHTS:
Author: @guyoseary
ABSTRACT
This document proposes to make me, Guy Oseary, a representative of ApeCoin. This role will make it my job to support ApeCoin through impactful partnerships and initiatives. I will not receive any payment for my services.
SPECIFICATIONS
Up to 1% of the Ecosystem Fund as a budget for me to utilize on behalf of the APE Foundation.
This will only be spent on purchases and deals that directly benefit the APE Foundation.
Any ROI gained from deals I make will go back into the Ecosystem Fund.
Any ApeCoin from this budget that is not used during the specified period will be returned to the Ecosystem Fund.
I will not receive any payment for my services.
I will consult with the Board about potential deals.
Details on all purchases and deals that I make will be made fully available to the ApeCoin DAO community after the fact via quarterly transparency reports that detail how much was spent, on what, and why.
This is separate from the budgets allocated in AIP-3.
STEPS TO IMPLEMENT
Cartan to set up a separate Coinbase account and transfer 1% of the Ecosystem Fund.
Set up the account so that one of the ApeCoin DAO Board members must approve transactions.
Execute commercial services agreement with Ape Foundation.
TIMELINE
This would go into effect immediately if this AIP passes and would last until the next fiscal calendar closes at the end of 2023.
OVERALL COST
Up to 1% of the Ecosystem Fund, from when the proposal passes through Dec 31, 2023.
STATUS: As of 10/29/23 zero $APE has been spent related to this AIP (i.e. the $APE remains in APE Foundation’s treasury reserved for this AIP, but still unspent).
