AIP-298: Transforming Lives with a $100K Donation - Apecoin DAO and W3 Labs Take Action for Positive Change

ABSTRACT

“It is in giving that we receive.” - Francis of Assisi

The core of this proposal centers around promoting collaboration for the greater good of humanity and making a positive impact on individuals’ health and happiness.

W3 Labs, recognized for their development of dot ape domains on the Ethereum chain, actively supports the decentralized Apecoin token to facilitate transactions, showcasing their dedication to enhancing the utility of the ape coin community. They provide these domains as a means for individuals to establish their digital identity within the Web3 realm and seamlessly engage with popular decentralized applications (dApps).

As an expression of gratitude, this proposal suggests providing the DAO with relevant domains at no expense, along with a monetary contribution to an organization chosen by the DAO/community.

This proposal is simply about extending a helping hand to the DAO’s compassionate virtue, contributing a little from Labs for societal good, and securing digital identity for DAO as well. W3 Labs proposes to donate $50K from their side and would love the ApeCoin DAO to also match that contribution to a charity of DAO’s and community choice.

BENEFIT TO APECOIN ECOSYSTEM

• Community Goodwill: A donation from W3 Labs, matched by ApeCoin DAO, demonstrates our commitment to charity efforts and philanthropy goals.

• Helping Others: Empowering individuals in their time of need, providing hope for a better future, supported by the leading Web3 community.

• Increased Visibility: Collaborating with renowned organizations boosts global presence.

• Positive PR and Mainstream Attention: Engaging content promotes ApeCoin's values. Enhanced by custom creatives to highlight our actions across social and digital media.

• Transparency and Accountability: Financial Reports ensure trust in the $100,000 deployment in donation(s).

• Enhanced Digital Security and Identity: Free Dot ape domains on Ethereum improve user identity, security, and trust within Web3.

• Existing Use Case for ApeCoin: Dot ape domains powered by the decentralized $apecoin token adds extra utility to the ApeCoin ecosystem.

OVERALL COST

In terms of cost implications, we assure the DAO of our commitment to bear the entirety of the expenses associated with the creation, implementation and operation of this proposal. The DAO's contribution is solely towards matching the $50,000 donation, which will be triggered only after Dot Ape has transferred the equivalent amount to the DAO.

We genuinely believe in the confluence of professionalism, trust, and altruism as we venture into this journey. Looking forward to advancing our shared values in the realm of Web3, and strengthening the spirit of community and compassionate action.

"Thank you for your time and support. We, at W3 Labs, remain dedicated to making a positive impact and welcome your input."

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-298-transforming-lives-with-a-100k-donation-apecoin-dao-and-w3-labs-take-action-for-positive-change/16164

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.