AIP-328: AIP Idea: Apecoin Listing on COINHERO Crypto ATMs (ApeFest Hong Kong 2023) & ATM Installation at ApeFest HQ

ABSTRACT

1. To list Apecoin ($APE) on COINHERO’s Crypto ATM Network for preparation of ApeFest 2023 in Hong Kong.
2. To host an ATM machine at ApeFest HQ located at PMQ, Central, Hong Kong, during ApeFest 2023.

BENEFIT TO THE APECOIN ECOSYSTEM

This proposal aims to benefit the APECOIN Ecosystem by spreading its community and values to the wider community public through physical access to the token via ATM machines. Where most people are used to interacting with regular bank ATM machines, our crypto ATM machines provide a familiar experience, lowering entry barriers. Additionally, providing an ATM machine at ApeFest, allows event goers to buy $APE at a convenient physical location.

OVERALL COST

Token Listing: US$10,500 or Apecoin equivalent for 1 year. This listing fee will go towards technical integration and marketing for a period of 12 months.

Token Supply: 10,000 Apecoin. These tokens will be used for customer settlement on the exchange back-end during ATM transactions. These tokens shall be returned upon the end of token listing.

ATM Hosting (3 days during ApeFest Nov 3-5): US$500 or Apecoin equivalent per day. This will go towards installing the ATM machine and its daily management. [/quote]

Total (assuming $APE @ $1.22): US$24,200

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-328-aip-idea-apecoin-listing-on-coinhero-crypto-atms-apefest-hong-kong-2023-atm-installation-at-apefest-hq/18036

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.