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Apechain Monthly: Vision, Elections, Candidates, Projects
Recorded: May 29, 2025 Duration: 3:08:25Space Recording
Short Summary
In a dynamic discussion, ApeChain leaders outlined strategic partnerships, project launches, and funding initiatives aimed at driving growth and utility for ApeCoin. With a focus on community engagement and innovative solutions, the conversation highlighted the importance of adapting to market trends and securing capital for future developments.
Full Transcription
Hello. Yo, is my mic working?
Yes, yes, is Mikey working? Yeah, just waiting for the other co-host
show up grateful of course it's late as always no he has a space so he'll be
he'll be here in a couple of uh in a couple of minutes
testing one two three testing testing one two three rita can you hear me i can hear you i can
hear you mr k Kyle perfect awesome super
excited to be here man thank you for having me the big boss is here there he is
you Thank you. Good afternoon, Ryda. What's up, buddy?
What's up, Gutierrez? I sent you the co-host request.
Accepted. It's going to be a good conversation today.
Thank you, sir. Thank you.
Welcome, Tom. Welcome, Spencer.
Blue-white queen, All-City,
Ernest.
Jim,
what's good?
I'm going to apologize
in advance. I've got to be off
the mic for two hot seconds.
My kid decided now is the time for a diaper change.
So first space is my
kids joining, and that's how they show up.
Yeah.
Good timing on that part.
Blue here. What's good everybody?
Thanks for having me.
Super cute, Cam.
Appreciate that, Blue.
Miss getting to work the everyday how you been
oh that's sweet miss you working every day too i love that you're a girl dad
it's amazing keep doing all the things love ya you too blue
somebody was in there it was live fast live was in Aaron's spaces the other day.
I don't have any kids, and I learned for the first time that you potty train them with what?
Aaron, what was LiveFast using? He had like a sheet.
It was like he was going to kill somebody in his living room or something,
and they were just pooping for like a weekend, like three days straight.
Yeah, he tarped up his whole living room Dexter style.
Waiting for Wabam to show up, then we can get started.
I'll shoot him a note as well.
Yeah, Wong is on a call and he should be showing up shortly as well.
You know what I love the most?
Ernest, forgive me.
We've got one orange
on stage. Finally.
I can fix that.
I can fix that.
But you know what, Ernest? When I look at
Ernest PFP, I don't see orange.
I see a genius. This guy is so smart.
These other guys, I don't know, man. You a genius. This guy is so smart. These other guys,
I don't know, man. You gotta watch out for these other oranges
though, I tell you that right now.
Ernest, I thought you were,
well, glad you were doing
okay after the operation.
I thought you were recovering. I didn't think you would show up.
Yeah, Ernest is just
smart here. yeah, Ernest is just just like
see, right when I talk about these
dangerous, when I say dangerous
oranges, we got the most lethal
one of them all that just came up here
bro, there's no shot
you could be out in the middle of the desert
celebrating Burning Man and try to say something about
orange, I'm popping up immediately
thanks for having me
good morning you know that gif where it's like magic and the guy does something with his hand
sorry i didn't mean to cut you off so that's what that reminded me of sometimes i think in gifs
now welcome aaron and von doom as well hey hey thank you very very much
on doom as well hey hey thank you very very much okay so because i'm the worst uh host space host
and everything uh i got all the questions from the community uh i punched them into gpt and
structured them it seems a lot more professional than we removed a lot of swear words that were directed to you lost actually
Appreciate that. Thank you. My boss is here, you know
All your bosses are coming showing up. I have I'm actually damning all my complaints
It's a short list it's a short list of bosses or of complaints. No, it's a long list. It's a short list. Of bosses or of complaints?
No, it's a long list.
There's Wabam.
Welcome, Wabam.
God, what a strong group of people up here speaking.
The silence is almost eerie.
I know, and with the worst possible host.
I'm like, I'm crap at this.
I'm surprised I even have the mic working right now.
And then you doubled down on the terrible host by having me up here.
So, Bored Gazette.
Yeah, it's all on you, Kyle.
Oh, geez.
We're going to have a rough show then today, guys.
I'm sorry. I was so excited.
I was like, okay, cool. I'll do this.
Then Rita sends me a bunch of questions right before
it, like 10 minutes. I'm like, oh, okay, great.
We were supposed to make questions for this thing.
So, it's all on the fly today, guys.
So, we're all going to do our best.
Just get Kyle a couple of Diet Cokes and a couple of Starbucks cold brews, and he's good to go.
You know, I've been waking up early this week. I don't usually wake up early.
Usually my day I start around like, you know, 11, 11 a.m.
And this week I'm waking up every day at like 8 a.m. for whatever reason.
So it's been super early, so I'm already like three or four Diet Cokes deep.
Actually about to crack open another one.
I don't know if you guys heard it, but there we go.
So we're ready to rock and roll.
Well, you know, coming from a campaign side,
it's been a very long time since I've done a debate like this online.
So if you are having the nerves, just so you know,
it's trickling into the panel, let me tell you. you're a good queen you're a good queen uh no anybody
debates with blue i'm coming after you now i'm just putting i think i think you guys are safe
today debates are coming down the road maybe like maybe in like a week or so.
No, so we decided to โ the community had a lot of questions and a lot of comments, like I said.
So we'll try to dish those out and get them answered as much as possible.
It's quite a long list.
So if we don't manage to get them all done,
I'll send the questions over to you guys.
Maybe we can answer them in the future.
For sure. Appreciate it.
And just, you know, top of the call here,
I just want to, you know, Rita, thank you,
and Guchita, Kyle, thank you guys for bringing it together.
You know, I think it's the same way, Rita,
when you, you know, sort of, you know you mentioned on the timeline the feeling that the leadership team here, myself, Wubam and One aren't on the spaces enough.
I think the cure all for it is being on spaces.
I just want to thank you guys for setting up a new one here, giving the candidates a chance to speak, giving the platforms that are here a chance to show off, but also giving us a chance to chat more directly.
I just want to say thanks to top yeah no like i said we'll ask the questions the community had
um i'll try to book a call for some other time for my questions and then maybe the candidates
had some questions for you guys as well and then we'll go through the candidates and their and their
for you guys as well.
And then we'll go through the candidates
and their campaigns and their pitch.
Dim, you here?
Wabam and Dim, I didn't check the mics.
Yes, I am.
Wabam is there?
You guys can hear me as well?
Yeah, we can hear you, man.
All right.
So, it came down to governance and foundation structure, ecosystem developments and partnerships, operations and strategic management, marketing, ROI and transparency.
And then there is a bunch of questions under each one of these sections. Thank you, Chad GPT.
then there's a bunch of questions under each one of these sections.
Thank you, Chad, GPT.
All right, so first of all, I'll let you guys choose who will answer.
Between Wabam, Cam, Spencer, Lost, I think you guys can answer most.
Wong will be joining soon, shortly, he said.
So the first one is, has the Ape Foundation or Banana Bill team
reached out to individuals
encourage them to run for the special
council?
I think I'll
give my answer for me personally.
I think it's
gone both ways. I've had
a lot of people reach out to me saying,
hey, do you think I should run for social counsel? Would you back me?
You know, and I haven't, you know, as quit, I think said earlier today, like, you know,
not putting my thumb on the scale that way, you know, and then when I've talked to other people
and they're saying, what's this about? Is this different? You know, I have shared, Hey, you
should apply. You should, you know, you should absolutely, if you think, you know, you're, again, from my opinion, if you're, you know, a killer on BD side, if you're able to represent and be that ambassador for the community, you should absolutely run. You know, I have met a lot of people in the community. I think there are some that I've met who are super strong on the side, and I've definitely encouraged them, you know, to run, get their voice out to the community and, you know, and let the community pick.
Can we can we back back up a little bit?
So, Cam, loved. OK, so I love the tweets you put out recently, you know, talking about how we're shifting right from like special counsel to this like business development role.
from like special counsel to this like business development role. So, you know, you've only,
you know, tweeted about it and that's been very helpful, but maybe it'd be, maybe it'd be even
more helpful if you could talk briefly about like, um, why the change in that role and what,
you know, like define this killer, like what, what do you, what are you looking for out of,
um, the selected position for this like business development role? Like what, what are we trying to get out of the selected position for this business development role?
What are we trying to get out of the community here for this role?
For sure.
I think it's a good foundational question for the conversation today.
So from my perspective, being at UGO for all those years, you know, sort of running in parallel
to what, you know, the foundation and the community was doing, you know, I was able to at least keep
an eye on like, what's the trajectory? You know, what direction is, you know, the community going?
And I think that looking at, you know, AIPs and decisions over the last year, you know,
whether that starts with a banana bill or other
sort of investment projects before that, right. You know, the, the, the top level domain investment,
whether it's governance revamp, you know, to me, I see that all as like a very clear arc that says,
Hey, in order for our token, in order for our chain, you know, to succeed, to go up in value for the people that have been putting their time, their effort, their money, their blood, sweat and tears to make that all worthwhile.
We need to compete differently than we've competed in the past.
You know, we've tried, you know, very decentralized systems, whether those were working groups, whether that was special councils,
whether that was changing administrators at the foundation, you know, and even when I look at,
you know, the governance revamp AIP and the language of it, you know, it was, it's proposed,
you know, as being ambassadors. And I, you know, when I talked to people in the community, when I talk to, you know, you know, the people
at Yuga, when we were trying to understand it all, you know, we looked at the word ambassador
as an external facing, right?
The language there says, like, you know, to be a resource, not only to the internal of
the community, but to people who aren't part of our community yet.
And so in a lot of ways, like what I'm highlighting is not a change in the role at all.
You know, to me, it's a prioritization of what the role is bringing to the table.
There's no part of this that is myself or, you know, the leadership team here saying,
hey, if you are a candidate and you don't want to do business development, that you're not eligible to run.
Of course you are. That is, you know, there are a few pieces of the AIP that show you will have, you know, a hand in
the governance, you know, going forward. But if we look at these people as, you know, representatives
of the community, ambassadors, you know, and I think about the time distribution, how much time
they're going to spend on these roles. To me, it's overwhelmingly clear that their best skill, the one that they need to prioritize is being that external ambassador.
And to me, that's about business development. You can call it other things, right? You can,
you call it marketing, you can call it publicity, attention, right? But it's really about being
an external face. And so for me, in sort of suggesting the retitling, it's not some sort
of governance change of, well, this role no longer exists and the powers are changing.
It's very much trying to, you know, clear up the confusion that I saw all over the timeline of,
well, wait, isn't special counsel the one, you know, who runs this? Don't they make all the
decisions? And the truth is that's changed. And think we need clarity as as to what the role is and how to prioritize so that's do we do we think that
role oh sorry cam i didn't mean to cut you off buddy no no jump in yeah so do we think that that
that chatter on the timeline was particularly relevant to when you put that threat out or was
that sort of like a miscommunication or a
misunderstanding maybe like two weeks ago, or not even a misunderstanding, just like when the forms
went out, right? Because it felt like people sort of knew what was going on, right? And then I'll
take a breath. I do recognize and also agree with Cam here that anybody who who had looked at the role before
cam's thread the other day would see it's a bd role i think it's just sort of like the way things
have been wording uh wording but yeah just yeah i'm just curious well i think you know for us as
the leadership team like you know i i heard you know the criticism and frustration you know the
other day about us not being present and not being aware.
And it's like, I think this is actually reflective of the fact that, like, we are deeply aware of what's going on.
You know, maybe sometimes it's in a lurking role when it should be more visible.
So absolutely, like everything that I'm, you know, that I put out, all the, you know, the threads that I've been sharing is about me trying to communicate openly, clear
up things that I'm seeing on the timeline, braise to, you know, to the community, what
the conversations, you know, I've been having, you know, in the 50 days or so that, you know,
since I've taken this role, you know, what the, truthfully, what the whales are saying behind the
scenes to me, you know, people that are saying like, hey, I'm not on the timeline, but like,
I have a hold of hold a big bag. And this is what I think is going to take to win. You know, that is me communicating real time. And so
I think when I took the role, you know, we, we always felt like, yeah, we're gonna have to hire
BD. I think I've seen a lot of sort of comments like, hey, why don't you just go hire? Like,
of course, we're hiring our own BD team. Of course, you know, Spencer's leading that and one is leading that. And like, we have our own
team. But this is a chance for the community to scale itself, to pick its leaders, to say,
these are people we trust, you know, to go out there across the globe and help grow this. And
we've already allocated the budget. And so to me, I think I'm with you all to be like, it was clear as day in AIP to me. This is me just trying to put, you know, the nail on the head.
role was more heavy towards like being that ambassador. But, you know, when thinking about
this role through this, this slightly different lens, I'm thinking like, okay, so who it's,
it's a completely, it's a, it's, it's, it's adding a different quality to this role. And with respect
to like, all right, we'll be this ambassador, but like, bring us, you know, bring
us a kill, like, like bring us, make it rain, like help us with, uh, you know, onboarding. Like,
and I think, I think if we can find community members that take on this role that can, that can
like pay for themselves by bringing in partnerships, like that's the
best case scenario.
And so it's a, it's a more evolved role and it's asking a little bit more, but look, in
the day, we're, they're, they're being paid.
Like it, you know, we, we, we should get that out of, out of a community member, you know, we should get that out of a community member. You know, like they're getting paid with money from the DAO.
And so I just like this conversation.
And I think it's going to really help play out as this campaigning unfolds.
Hey, yeah, this is a great conversation.
And Cam, thanks for being here and RIDA and everybody, thanks for setting it up.
If I could just ask for a couple of pieces of clarification from Cam. You're the executive director of the foundation.
And so when you're making these suggestions, is it a suggestion in your role? Are you expecting it to be sort of adhered to,
or is it just a suggestion?
And what is the difference between the foundation that you're the executive
director of and the DAO itself?
Are they, I mean, I'm asking, I know they're two separate entities,
but how does something like, you know, your tweets this week, where you're saying it's business development council, et cetera.
What is the, what does the Dow need to do when you make a decree like that?
Yeah.
And I want to just clear something.
I know, Ernest, you know, you've shared this, I know, Aaron, you said this, like the Dow is not an entity, you know, it's a collective, you know, and it voices an opinion,
you know, from, you know, that I would say is most similar to like a policy referendum,
right? We do not publish 1000 page, you know, laws, so to speak, that the Dow votes on,
you know, the way that Congress does. What the Dow votes on is an ideal,
an outcome, a proposed plan. And then in all of these AIPs, it says, and all the way back to the,
you know, the formation of the Dow, which I was a part of, it says the foundation will then be the
one that has to implement that. And implementation requires a lot. It requires, you know, a decision
in a hundred different ways of how to best affect the policy referendum, so to speak,
of the Dow, right? And so I think there's a lot of good questions about, hey, you know,
are there conflicts that happen? You know, are decisions ever made that contravene the Dow? And
I don't think that's the case, but it's definitely good to ask but at the end of the day like
the dow's position is something that like it's my responsibility it's what bam's it's ones it's
spencer's so on and so forth to actually bring to life and so again like when i spoke out this week
about the bd council the naming like look i'm not sitting here being like, I'm going to go inscribe in the governance documents of the foundation a change to the name.
I'm talking about the purpose, as I understand it, from the referendum, right, from 582.
What does it say?
There is no, there's no part of that that says, okay, they work 40 hours a week.
They get this paid.
Here's what their mission is. Here's who they report to, here's their geographic territory.
There's none of that.
And so that has to be filled in by us.
So just for clarification, you're saying that when the Dow passes an AIP, that is simply a suggestion of what the foundation should implement, but the foundation doesn't have to follow it word for word. No, that's not what I'm suggesting. It's a framework,
but there aren't enough words and prescriptions in there, right? And so they have to be filled
in. And it says it in every AIP that the foundation is going to implement this and to the extent
necessary can make
immaterial and material changes so long as then they're then communicated.
And so every AIP has always expected the foundation to say, hey, thanks for the framework.
We want to do the best we can to implement that framework, to make it a successful framework.
And then we try to actually go and do that.
And what do you think bringing visibility to community feedback and surfacing real-time insights, how would that be implemented by the special counsel or the foundation?
I think it's...
That's from AIP582.
When I said that the special counsel, BD counsel, again, I think the name here is more about expressing an expectation clearly rather than a formal title.
I said very clearly, the expectation is or Electro or Vi on my team who do that every
day.
And we take all of that feedback into account, right?
We try to make decisions differently.
We think critically.
I know that, you know, given that we're all separated, we're behind computer screens,
I know that it doesn't always feel like people are working their asses off here.
But like, my team works its fucking ass off to try and make decisions, you know, evolve
to the community, evolve to the timeline, evolve to the market.
And having the community be able to be a part of that, whether they're in a BD council role,
whether they're informal, there's plenty of community members that reach out and share thoughts and feedback, both, you know, anonymously and
otherwise. And then there's people on my team doing the same thing. So none of that changes.
It just gives us more people who can raise their hand and say, Hey, if you, if you need to share
information, if you need to express a sentiment, here's another path to doing it. But again, I just
don't see that as like the primary role based on the AP,
but that's my view.
Yeah. And that's amazing. And team, I love team of killers. That's great.
Hopefully not convicted, just, you know, awaiting trial. But, um,
last question for me, I promise Rita is that, uh,
yeah, I'm going to kick your ass, Aaron. It's okay.
The transparency coming from your team and from the DAO,
are you looking to improve that so the community can stay more informed?
And I swear that's the last question I'll have for a long time.
No, it's not because of that,
because I'm trying to get the community questions answered.
Aaron, I mean, you can answer that, Cam, go ahead. Sure, sure. This is the last one. Aaron, I mean, you can answer that, Cam.
Go ahead.
This is the last one.
Aaron, I kick your ass.
Yeah, no, and Aaron and Ernest
and a couple other guys I know
from your delegation,
we're all set to speak hopefully next week,
maybe even join in other spaces.
So happy to pick this conversation up then as well.
I mean, again, I look at the trajectory
that the Dow has voted to set,
which is move towards
a corporate and commercial focus, you know, be able to compete with how all of our competitors
are competing, right? Base, Monad, right? Abstract, Anime, like none of them have teams that are sort
of, you know, reporting back to the community about every little decision. And so I think the level of transparency, you know,
obviously the banana bill, there was prescription in the AIP,
but overall, like, we are trying to be as transparent as possible
without giving away strategic sort of, you know, initiatives,
without giving away opportunities, you know, without tipping our cap.
And so, you know, there's a balance here.
And I think that, you know, we're open to feedback, you know,
and trying to sort of, you know, think's a balance here. And I think that, you know, we're open to feedback, you know, and trying to sort of,
you know, think of ways to give more transparency.
But again, like, this is mission critical.
And, like, we need to win as a business.
And, like, businesses don't give away information for, you know, for free.
Thank you, Ken.
Thank you, Aaron, for taking up the community's time and asking your own questions. Community, please hate on Aaron. It wasn't me.
I, for one, think this has been great so far.
I mean, hearing Cam come on here and just kind of explain, like, his tweet was less of a decree from on high and more of a, hey, this is how I interpret the role.
This is what I think it should be going forward.
Now, last night, Cam, you went online and you posted four questions that you would like basically to ask every single candidate this year when they're running.
For anyone who didn't see it, basically the questions are, who is your top 10 connections? What's your
one line pitch to them about ApeCoin and the likelihood of success? And then what their focus
is if it's not business development. Now, I guess my question for you is, why did you pick those
questions? And then there's a community question here on Rita's list that kind of ties in.
Will the Ape Foundation and the Banana Bill actually be voting? Or will you simply just be making recommendations on candidates to the community?
Yeah.
I mean, so first, like, those are four of what will likely be more questions.
I just want to be clear.
You know, I'm not, you know, limiting the team, you know, in their ability to sort of
root out, you know, what the upsides and downsides are of, you know, any specific
candidate, you know, but we look at those as essentially litmus tests, right? I know there
was a lot of people sort of, you know, being a little glib on the timeline saying, oh,
Bill Gates is, you know, in my network, like, you know, pick me. But like, look, I think we all know
like when somebody is able to actually say this person's in my network. And if my follow-up question in that meeting is great show me them in your contact book on your phone
if they don't i know you're full of and that tells me a lot about you and so there's you know these
are simple questions to sort of get at like very complicated uh you know sort of considerations
for what i think is important in the role. And I plan on sharing my recommendations
based on that. Like, hey, these are people that I think actually are presenting something
really interesting. They have the connections. They have interesting productization or strategy
thoughts around it. They're pretty realistic in their assessment of the market, the market condition, the market position of ApeChain,
their ability to sell a pitch.
Like, because at the end of the day,
like if that's what an ambassador's doing,
if they have their head sort of in the clouds,
like we're not going to win anymore
even if they have the best network.
Or if somebody has a really good pitch
and a really good understanding of how to execute on a pitch
but doesn't have the best network,
we might still be able to succeed.
They just haven't built it yet. And I think also that you
posted on the timeline, like a lot of this comes down to like, not just who's in your network today,
but who are you willing to go fight to get into your network tomorrow? And I do think that's a
great point. So on your second question, no, I mean, banana bills, you know, we're not voting on,
on, on this, the foundation, I don't believe has ever voted. You know, I could
check with, you know, prior special council members and, you know, them, but like, we're not voting the
foundation's tokens. Like this is, you know, these are three people. And then the next election will
be two more people that are voted by the community, you know, by the token holders, you know, not us.
So my recommendations are, are just that, you know, and I think for me, I'll be honest, you know, in sort of a vulnerable way, like, look, I'm hopeful the community trusts my recommendations because that's a reflection of how much does the community believe in me?
And any good leader, you know, isn't going to stick their head in the sand there.
If the community doesn't believe in you, you got some fucking work to do.
Awesome.
Appreciate that, Cam.
Quick,
I need to
get somebody down
so I can get one up in here.
And then everybody requesting,
I'm trying,
but the stage is full.
So I'm going to kick an orange background.
I'll just kick Lost.
Is that okay, Lost?
Oh, my mic was muted.
Yeah, that's why I'm here.
I'm literally just here so you can kick my ass.
That's great.
All right.
Now, where is Wong?
Let me find him.
You want to request Wong?
That was our secret move move to bounce the orange
exactly there he is
oh we have this awkward silence
Pam thank you for being here
thank you for the invite, Ryder.
Really appreciate it.
This is Ernest.
It's your orange background.
I have a problem.
Ernest, how are you feeling, man?
I'm feeling fine.
I'm just recovering.
I'm all hopped up on drugs, but I'm doing all right.
They give you good ones or mediocre ones?
Mediocre ones because I have to monitor my intracranial pressure.
So they can't give me a lot of good pain meds.
So I'm here.
Hang in there, obviously.
Thanks, man.
Wishing you the best there.
Thanks.
I'll be back at it in no time.
Thank you, Ernest. Yes, wishing you the best there. Thanks. I'll be back at it in no time. Thank you, Ernest.
Yes, sir.
And welcome back.
Thanks.
And one one is up in here.
And the other question was answered with a foundation
of the team be participating.
The next section is legal governance framework.
Will the foundation publish its article of association?
If not, could the foundation clarify how DAO governance is legally structured, protected,
and enforced? Yeah, I mean, I think that's where you want, right? This one, I think, is going to be
on mine as well. Look, I, you know, as I said, like, the DAO, you know, when they vote, it provides,
you know, sort of this policy referendum that sets up a framework, like, you know, and in every AIP, it says it can be changed
immaterially or materially, you know, based on a number of factors, you know, by the foundation.
So like, that's what our governance model is. You know, there's a bunch of sort of just normal
Cayman stuff otherwise than the AOAs. And like, you know, I think it's easier to explain it that
way. You know, just like I did a little bit ago, I think James might have sort of misquoted me
slightly. I'm just going to call it out. I think I saw him on the comments here on the spaces.
It's not that the foundation, you know, can, but is not obligated to follow. It's that, you know,
it has two things. One is, you know, it has the mission
to carry out the framework, but there's a lot of details that it needs to add. And two, that it's
been given the authority to change it, you know, under the AIP as necessary, you know, and there's
language always, you know, always at the bottom there that I can always pull up and, you know,
share again. So this isn't like a, this isn't a choice so much as saying we
just don't want to follow it. You know, it's about how do we follow it? Is that legal? Is
that ethical? Are there security risks to doing that? You know, et cetera.
Just got a follow up question about the voting. Will the Banana Bill use their ApeCoin and Yuga use their ApeCoin to vote for this or not?
On the Banana, I can sort of repeat on the Banana Bill side.
Like, Banana Bill is not voting, you know, it's ApeCoin here.
I don't know about Yuga.
You know, I'd have to text Greg or, you know, Peep Man or someone over there.
You know, I just have to text Greg or, you know, Peep Man or someone over there. You know, I just don't know that.
Great. We'll send that question over there.
Thank you for the silence, Kyle and Gochita, but moving along to the next one.
along to the next one um dow versus protocol structure now that apecoin is a native token
Dow versus protocol structure.
on ape chain token on a chain a dow funded initiative and a regular regulatory clarity
regulatory clarity has improved improved is it time to consider separating dow governance
from protocol development and branding
to be honest i i think in a lot of ways that's already happened, right?
Banana Bill was an initiative to, you know, to kick off and incentivize development, you
know, of a chain that is, you know, sort of a cabin structure, you know, that the Dow
already approved, you know, and funded and, you know, has, you know, clarified, you know,
in the AIP what the transparency reporting requirements are. Um, I think by, you know, approving 582,
setting up a corporate structure here, hiring, you know, myself and me, you know, having the
ability to hire a leadership team and, you know, operate this, uh, as more of a company, like,
I think that's already happening. Um, and I, and that's what I keep going back to with the
trajectory is I see it from the, the community like it feels to me the community
has been pretty clear now for you know for many months of like the direction it wants to go
you know and what it believes is going to be in the best interest you know long term of ape coin
and ape chain uh you know so does that raise the broader question i know i've seen people
on the timeline saying like should there be a dow a Dow? What, you know, what is the Dow? You know, all that, like, you know, I guess it's probably for like a longer conversation here. But, you know, to me, like, if we want to keep competing with our biggest competitors, like, we're going to have to operate as nimbly and, you know, agile as they do.
agile as they do.
Cam, real quick.
You touched on that real quick.
I've seen a lot of noise on the timeline
about people saying that we should dissolve the DAO
and then hand all the funds to Yuga.
As the CEO of the Ape Foundation, can you just
give us a quick pitch like why we
need the DAO, why the DAO should stick around?
What's your response to all that?
Well, I think
one, there's a lot of complications in in sort of dissolving this type of system, you know, handing money over to another entity.
Like to me, I think it's, you know, we've already sort of demonstrated the power of choosing where, you know, where our authority goes, right? There's still a lot of
value in having a strong community. Like our biggest strength, all the way dating back to
the progeny of BYC, has always been the community, the network that comes with the community. That's
really the value proposition. And so, you know, continuing to hear those voices, continuing to have buy in from those people is super important.
Whether or not the community votes on like every dollar spent, I think, is more of a question of like what will make us most successful.
But like handing it all over to Yugo or to another entity like, you know, as a former M&A lawyer, like, you know, doing international deals like it, there's a lot that goes into there.
And I think we should continue to think about how can we be successful without deconstructing everything and potentially taking on risk or liability that, frankly, none of us want.
Awesome. Appreciate it. Back to you, Rita. back to you rita back to you uh no i was gonna follow up on that one but
if you're saying you want to act as a company uh then there's two two candidates that have gone
through one is better than the other uh but the the less the less skilled one gets more votes
how is that in the best interest of the company or of the chain?
Well, I think that's the question for whether BD Council or Special Council,
if the DAO even feels there's value there.
Like, you know, I think I responded to somebody, you know, the other day
who was saying, why are we doing this at all?
And I said, it's because it's still part of our system.
The DAO has said, you know, here's a role and responsibility. Here's what they're
going to do. Here's what we're going to pay them. And so we're carrying that out. But at the end of
the day, to your point, Rita, like, let's say, you know, we go through all these interviews and,
you know, there's a few people who are just killer and I recommend them to the community.
The community says, nope, we don't care.
I sure as shit might hire them, right?
Or find ways to bring them under the fold and, and, you know,
work out BD deals because at the end of the day,
my job is to make the chain successful, to make the token go up. And like, I want to work with whoever, you know, can make that happen.
Even if the community disagrees, you know, in that way.
Quick question.
But if you're going to hire him anyway,
why don't you just hire him if he's really good
and he's from the community and he's a killer BD,
why don't you just hire him?
For sure, we might.
I haven't gone through those interviews,
so I mean, I can't like jump the process
and say I'm definitely hiring, you know,
anyone or specific people.
There's also other ways to work, you know, in this sort of BD world that isn't just a
pure hire, right?
There's a lot of sort of, you know, farm and fish deals that you can do, you know, and
it's a conversation I've had before all of this with a number of people.
And so, you know, to me, there is no real way that there's a loss here.
You know, we hopefully will have three new people as part of this council that
are out there, you know, day in and day out fighting to make us more successful. We as a
team are going to continue hiring the best people we possibly can, or, you know, arranging, you know,
deal flow with the best people we possibly can. Like it is only, it only behooves us to keep the
doors as open as possible rather than closed.
I think Cam just sort of answered what I was going to hop in there real quick.
And I was going to ask for clarity on that if there's a differential between, because Cam, close to the top of the spaces you did mention.
Okay, well, we're, of course, we're hiring a BD team. And then you're talking about the separate BD council, special council, ambassador council, whatever it's called.
So I think you answered that, though, that there will be different mechanisms in place.
My question was going to be, is there going to be a separation between those two?
Like, is this new council going to be looked at, handled, tasked differently than, say, an official BD team or whatever?
But I think you sort of answered that.
If you've got anything else to add, though, I'm listening.
I mean, I think it's about using all the resources that we have as effectively as possible, right?
You know, let's say somebody, you know, is deeply, you know, entrenched in a particular community
or a particular industry or sector or segment, you know, and they're on the council
versus, you know, hired directly as part of my team. Like to me, I think it's just trying to
unlock them in the best way possible. Like, you know, if that means they work autonomously,
great, let's do it. If they have to work hand in hand with my team, great, let's do it that way.
So, you know, again, I just, I feel like oftentimes in these conversations, there's a desire to put specific parameters and say, like, this is the box everything's going to perfectly fit in.
And I'm saying if we want to win, we need to be nimble.
We need to be agile.
We need to have as many boxes or circles or squares or ovals as needed to have the right people part of the conversation.
Yeah, I can dig that.
And just to be clear, I think it's more just about clarity, right? But yeah, I like it.
I've got a question. Maybe we can throw it out to Juan if Juan wants to come up and speak. And
Cam, I hear you're a little baby. And that's so cute. Thank you for juggling everything you're
doing. I know you guys are super hard at work, but question, a question I have in evaluating the candidates just by knowing these community members, you know,
I, I, over the years, I kind of am, you know, I know some of their strengths. I know kind of an
idea of like what their contact list might be, for example. And the question is, is like,
what type of partnerships do you think like Ape Chain sees as most critical for expanding the
ecosystem? Because, you know, these candidates are going to have a different contact list. Some
might be real techie in the DeFi, some might be into gaming or dApps or some might be in the like
physical product partnerships. And, you know, ApeChain's been kind of casting a very large net.
So in what direction of partnerships are you guys recommending is something that ApeChain
should go after.
Yeah, I'll hop on.
Can you guys hear me?
We can hear you.
Awesome.
Awesome.
Yeah, I don't have a cute baby in the background noise.
No, good to see that.
I appreciate that. I think, you know, to build off what Cam has mentioned,
obviously, you know, if you think about even, you know, to build off what Cam has mentioned, obviously, you know, if you think about even, you know, some of the questions that we would ask, right, that template maybe that he shared.
And I think you guys touched upon that already of like, you know, who's in your network?
You know, what's the, you know, what's the actual contact that you have, the likelihood that you could close?
contact that you have, the likelihood that you could close, like that's like facing off
of how true is your actual network and your reach and your ability to bring business in
quickly.
The others and maybe Kuchira, this is kind of what you're maybe alluding to is like,
how do you also understand the importance of what ApeChain is trying to build from a
partnership standpoint.
And so some of those factors would be regional. Like, I mean, we want to be a global chain. And
so some of those things that you have in your network has to be beyond just a localized, hey,
we're just a US-based chain. No, it's not. We're a global chain. And you can even just see by,
chain. No, it's not. We're a global chain. And you can even just see by, you know, this space
right here, how global we really are. And another part of it is, you know, that's some of the things
that we've been talking a lot about. And you've seen this if you're following, you know, Ape Chain
and some of the things that we've been doing. It's like culture is really important. And you
think about the projects that we funded in the last transparency report, it's pretty well distributed, right, across infra, media, you know, even AI and things of that sort.
But we're not just going to go, hey, we need more of, you know, infrastructure, or we need more of media, or we need more of DeFi.
more of media or we need more of defy it's one of those projects or partnerships that we want to do
that actually builds out the larger thesis which is when you think about cultural impact and the
importance of network effect does that happen on 8 chain and what are those partnerships that will
continue to build that and i think that's a little bit of the stronger focus that we have in terms of some of the partnerships is like, how do we start bringing even a larger adoption, a larger consumer base onto ApeChain?
And not just the apes that we love and folks who have PFPs, which we love, but even beyond that.
And to do that, you have to imagine these partnerships are going to be larger Web 2 brands, larger 2.5 brands.
Those types of partnerships will be super important.
Juan, I've got a quick question for you on that note.
Are we doing anything to sort of create ambassadors in these outside communities?
I see all the great work you guys are putting in and all these big brands you're bringing in.
I love it.
I'm a culture guy. I grew up skateboarding. Still paint graffiti.
Don't tell anybody. But I do worry that sometimes it's a little bit of spaghetti at the wall.
And so just to sort of reiterate, do we have boots on the ground with these communities?
Are we putting in efforts to make sure that
these community members from these brands that we're working with, they get ApeCoin? It's not
just sort of like our label there for a minute on some random sort of advertisement. Just curious.
No, that's a great question. And the way, you know, we're approaching it is,
you know, I think Cam mentioned it. I mean, we're two months in and part of it is taking a
look at what's been happening, things that maybe have been grandfathered in, and then others that
when we build it, we build it with a lot of intention. And so we don't want one-offs. We want,
a lot of these partnerships also want long-term partnerships and things that can be not just a one-off campaign. And so to do that,
we do have to convert folks that really believe in ApeChain and the ApeCoin ecosystem.
And so part of that will be, who do we win as champions on those brands? And this is something
that I've talked about before is like, when we get large brands, when I was at Yuga, it was literally you have to have one champion who believes it internally, who gets it.
And then they become the proselytizers across their institution.
We need that for sure.
But we also need folks who become ambassadors, not just paid to play and paid to play and paid to like do our, do our work,
but believe in it. And, and I think Cameron has probably mentioned this before internally,
but it's something that I've, I've really taken in. I've probably shared this with a few people
on calls. It's like, we want missionaries, not mercenaries and, and people who really
believe in the mission of what we're building, believe in the future of the Ape
Chain, blockchain and ecosystem and ApeCoin as well.
And so that's also kind of things that we need to make sure that we get that mission
out clear.
And that's something we're also working on.
Well, I don't know.
A mercenary is a killer.
But they kill for money, right? And once they get paid, they say, I'll kill again if you pay me again.
And I think one of the things here is who's willing to kill because they want to and because the money then follows as well.
Cam, you've got to watch these comments, bro.
I'm a Canva whiz, and I will meme.
This is a rap album cover waiting to happen
i'm telling you right now don't i hope i'm cautioning the killer tough bro you know but
no and i don't whoever's sorry i just want to i do not endorse any killing yeah um yeah just so
everyone knows we need a parental uh advisory on on the council. Ernest, if I could send you a dollar just in advance here just to make sure I'm all covered in case I need.
But I just want to respond to one other thing.
You know, I think also you said, you know, sometimes it feels a little spaghetti on the wall.
Right. And I think, you know, from the outside looking in, I totally get why.
I think, you know, from the outside looking in, I totally get why.
And, you know, to us, I think there was an expectation when it came to ApeCoin or to ApeChain that the token or the chain themselves were the product, right?
You could simply market that product.
But, like, the competition has moved past that.
They all have tokens. They all have
infrastructure. You need to actually have productization of those pieces to get new
entries into this space. And so for us, like you literally, well, bam, one and I, you know,
have met in person a number of times here in front of like a giant whiteboard. And it looks,
you know, a little crazy when you see all the
lines drawn, but like we are really intentionally testing out theses around why people are acting,
what will they respond to, what is sticky, what is not sticky. And so yes, on some level,
you have to try. And like two weeks ago or three weeks ago, you know, little, little bit of
a laugh on the timeline, seeing like the make eighth grade again, or whatever, you know, page
that we had made on ApeCoin that, you know, and some people like, what the hell is this? It looks
so dumb and cheesy. It's like, it was a test. We needed to find out what people respond to
in order to understand our market segmentation, our market positioning,
how our market position has moved in the last three years from when we were totally tied to
Yuga and now we have our own, you know, sort of path. And so appreciate that, like, it feels
scattered sometimes. Also appreciate the call for like, well, hey, just tell us what you're doing
and we can help. There is a hard balance that we're trying to strike here that the more we telegraph,
the more we see show up on our competitors' chains.
It's happened a number of times.
You can ask one in a BAM.
There are a couple of competitors that I'm like, do they have a mole?
Because that was my idea.
You heard me say it.
Like, how are they figuring it out fast enough?
So, you know, I'm hopeful that we can share more.
But like at the same time,
we need to sort of hold some of this back until we can actually show what that productization looks like and hopefully make everyone here proud.
All right. If somebody else doesn't like the community and is not letting the community
the community ask their questions i'm going to report you to the community and get you guys lynched
ask their questions, I'm going to report you to the community and get you guys lynched.
so uh since one is here um next part is audit and oversight has the audit committee been formally
established as part of the government governance revamp if so who are the members and have they
conducted any audits or oversight activities if not what actions are being taken to to initiate and activate the committee yeah i can i can probably
answer that one quickest um yeah i mean it was formed you know essentially right away i mean
there's only you know two parties give or take that um at least that we're aware of that are
participating you know it's animoka as everyone you know uh has known has been a long you know
long driving force here it's yuga has you know, has known has been a long, you know, long driving force here. It's Yuga has, you know, hold.
Is it me or did he just?
I think he dropped.
I think he dropped.
So the ball comes to you, Juan, to answer that question. I can probably fill in the gaps there a little better.
The audit committee is formed.
The only two people that are on it are Animoca and Yuga,
and they've been meeting from the very moment that the AIP 582 was approved
and I believe they have regular
I think every week or every two weeks
they have a meeting with Cam
where they're
exercising their oversight
and having that direct
line of communication with him
so yeah
while we wait
thank you for that
Reid I was going to say, well, here's an, oh, go for it.
No, no, go ahead.
I was going to ask the next question.
So if you have a follow up to that.
Oh yeah.
I was looking down at the community questions that they also had.
And while we wait for cam to come back, I thought, uh, asking one real quick, this would
be perfect.
So earlier we were talking about bringing in those bigger brands and like, you know, trying
to get people in and like kind of finding those partnerships.
Some of the community members had questions about grants for native projects
and go, so basically, is there any plans to kind of look back and go,
okay, we want those big brands, but what are we doing for people who are already here?
And then what is ApeCoin's plan to keep
the NFT engagement up
so two questions um i think for the first one uh i mean i mean i think we've been clear like i mean
we're we're open to and that's one of the things that i think all of us on the team are
doing is taking as many calls as possible especially for native uh community driven
partnerships and ideas and opportunities so that's that's never going to change i think you know it's
it's a conversation i had even this morning uh with someone launching um a pretty large partnership opportunity
where immediately, right off the bat, you're like,
oh, man, this would be perfect for so many of the different brands
that we already have on chain.
It's like, oh, can you do the streaming through,
live streaming through OV?
Could you do this through this?
And, like, that's one of the things that, you know,
Dilly and I talk about a lot, you know,
as kind of like partner success managers,
like what do we already have on chain right now,
folks who've built in and kind of brought the best
of the best into ApeChain.
How do we put those together
with these large partnerships and brands?
And I think that's the beauty of Ape and that's something that is very different from my time at Yuga is
just like you go you know exactly what you got lined up you got the IP you got
you got other side you got ape fest you got you got a few things and few levers
that you can pull and a partnership or a brand has to fit into that, right? With us, we kind of have a very open playbook here.
And some things that you guys are building might make sense for a large brand.
And now we're not just pitching one thing like, oh, come on, Jane.
We have an amazing community.
We have, you know, all these other things going for us.
No, we also have things built in already in the infrastructure that might even support you even better and so we don't have to almost like reinvent
certain wheels with larger partnerships so that excites me uh and hopefully that answers a little
bit of that first question what was the second one no one the question is uh funding and helping out
the small projects that have applied for grants. I think that's what
Carlos
answered.
No, you didn't. You were talking about
partnerships, bringing big partnerships
to these
projects and connecting
different projects together.
The first part of the answer was yes,
that's still
available and still things that we take calls all the time and we're open to that.
Because one particular project had sent one of those questions and they were asked, they were rejected and they're saying we never understood why we were rejected.
Nobody gave us a reason for the rejection, basically.
Pretty much that sums it up yeah yeah I can't obviously answer that specifically until
the details but please let them yeah DMS conversation yeah I'll connect you
and sorry for dropping off early I don't I was answering the audit committee
question I don't know where it dropped off. I'm happy to sort of pick up. We still want to cover it. Wabam covered it.
Wabam covered it.
Amazing.
Appreciate it, Wabam.
All right.
Again, with the audit section,
is the banana bill AIP being audited
the same way as other AIPs
that didn't deliver what they were supposed to?
For example, regional advisors
and other sections that were never delivered.
So is the banana bill being audited?
Yeah, I mean, we're still held accountable.
We publish what we do.
We're still working on, even though it's completely tardy, what a regional advisory committee
looks like.
How does it fit into the mold of, okay, if we have a BD council here, what's the role and responsibility of the regional advisory committee? Is it an extension of,
you know, a similar aim? Is it more for boots on the ground, live attendance? So, you know,
I think that we are still trying to work through that. I know there were other things we had
proposed, you know, in our, by our own choice, proposing things we were going to do that we
haven't necessarily followed through on that. Like, yep, they are still on the list as well, right? A sort of a global BD, you know, network
is very much, you know, intended to be an extension of what this BD council ultimately does.
I would say, like, when we use the word audited, like, we don't have milestones for funding that
are, like, specifically tied to that. So I think, you know, for us, it is, you know, we are accountable in the sense that like,
I have to stand up here and say,
hey, I failed in that and I need to make sure
that I, you know, go through and actually,
you know, complete it.
On the other side of the house,
like is our reporting the same or anything like that?
Like, well, the AIP itself
had a standardized reporting requirement.
And so like we report in that way, you know,
other AIPs are required to report differently.
Some have to share evidence of when their milestones are met.
Some have to share updates, you know, on the website, et cetera.
So like we are also required, you know, to report.
So, but isn't it, wouldn't that make it unfair for other AIPs
that the banana bill gets treated differently?
I don't, I don't agree it's treated differently, I think is the point, right?
I mean, we look at all AIPs and say like, what's the, what's the big value driver?
What's the intention of it?
You know, how do we prioritize fulfilling that?
How do you try to fulfill as much as you can, right? Would we think that it's right for an AIP, you know, who failed to publish a
report on the website, you know, but otherwise met, you know, a number of their goals to like
not receive their milestone funding? Like, you know, we are trying to balance sort of what the
intent is with the literal execution. I think, you know, my interpretation of the banana bill
is that like the majority of the value that's being driven is by like the ability to invest in commercial deals, dole out user incentives, you know, and looking for ways to work directly with the community to do that.
We're eight months in.
We still have 14 months or my math, not great.
You know, nine months in.
So 15 months left.
Like there's still plenty of time for us to make sure that like the community is an extension of that and i so i i don't think we're actually acting
you know differently but it's a two-year it's a two-year project right the banana bill right so
i think we're about nine months in so yeah we got about 15 months to go
or yeah so we don't have too much we don't have too much time, like you said. Sure, yeah, no, I agree with that.
There's no time to waste here, for sure.
All right, the next one was, what accountability measures are in place to ensure the approved
proposals are implemented faithfully?
And that one, again, connects to that.
If things aren't being implemented on that aip why would we
uh why would it be okay to to implement it to others
again i think there's been a lot of aips that have been given passes you know long before
bam or you know one or i joined right for for elements of their aip that maybe weren't completed
but like weren't necessarily like the key driver
of value. And again, it's trying to balance like, what's the intent of the community in passing an
AIP versus what's fair and what's manageable with the team you have. And so, you know, I do think,
you know, in stepping into this role, we're backwards looking at like what AIPs should be held accountable for flagrantly failing?
Where have we looked at AIPs and said, hey, you know, you didn't complete it the way that we had expected.
You didn't complete it in the timeline we expected, but like you completed it, you should
still get paid or you met certain milestones, you know.
And then where do we look at it and say, you know, if we're not willing to hold one person
accountable, you know, we're not going to hold, you know, if we're not willing to hold one person accountable,
you know, we're not going to hold, you know, anyone else accountable for the same thing.
There should be no favoritism, right? I think I was pretty clear when I, you know, indicated that all existing AIPs, you know, right now will move to the on-chain governance model. And that is a
direct reflection of the fact that the community has just demanded no favoritism here. And I don't
think we are actually giving favorites or we're treating anyone differently
in the accountability process.
Right, the next question is a bit touchy,
but I'm gonna ask it anyway.
It's my responsibility to ask people's questions.
Is it considered appropriate for one individual
to simultaneously hold multiple influential roles,
such as serving on the special council,
holding an executive position within the foundation,
and advising initiatives like Banana Bill.
Again, it's...
For sure.
Look, I think we all know it's being directed at one person.
I will say, before ever working directly with, with Wabam, like,
you know, I had the chance to learn that like the dude is more committed, you know, has
a greater determination and grit for this community and is, you know, as honorable as
they come.
And so anyone who sort of has a feeling like there's been something untowards done here,
you know, about him specifically, they can fuck the right fuck off.
You know, that's how I feel about that.
Now to the overall question as a principal matter,
you know, taking a step back,
I think as long as those positions
are each working for the same purpose
and that we are not double and triple counting
people getting paid,
then like it's actually saving the community
a lot of opportunity, you know, from a financial
perspective to have one person who can support across. And so we don't have to work through
additional layers of strategy. You know, we don't have to explain nine months of history.
We don't have to, you know, bear another salary. Like that is actually us working
in a more streamlined fashion, which is what I hear calls
for. People are saying, why can't you do things more efficiently? Well, this is efficient.
Here again, just finishing it up, could this concentration of responsibility
limit broader participation or create potential conflicts of interest?
Well, we have conflicts of interest policies that the
foundation has been at a level, right? So like from a traditional conflict of interest perspective,
you know, if you have a personal interest or if your family member has a personal interest or an
entity in which, you know, you have substantial ownership has, you know, interest, then like,
that's something that needs to be disclosed. You need to recuse yourself from, you know, the opportunity or the vote. And like all of that is, is, is taken care of in like a
very traditional, you know, sense. I, I don't sort of see what the other conflicts of interest
might be, but maybe sort of to answer the first part of what you asked, like,
you know, does it limit the opportunity for, you know, uh, community members to, to participate?
I mean, I think that's just a measure of time. Like when we voted, you know, for the banana
bill, when we voted for the governance revamp, like there was plenty of opportunity for us to
say, Hey, anyone who's involved in one or the other needs to pick one. Like, you know, but it
felt like to me, the community was saying, Hey, there's value in people, you know, having, you know, significant roles that tie together here. And so I think what BAM
rolls off special counsel, like six months from now. So like, if there is a miss in the sense of
one person, you know, that's one role the community could have filled. Well,
it gets filled in six months in accordance with the community voted for.
I kind of disagree here with this.
I think, and look, I go back a long time with Wabam,
and I'm not here to suggest that there's anything funny going on
in terms of, you know, pay or whatever.
That's not, I think it's a missed opportunity right now.
Like, we're talking about this rule.
I just don't think it makes sense.
I think if somebody gets a bump, you know, CSO is a very significant position.
I think, you know, in terms of what Webham's put into Ape Chain and the Dow is itself,
I think it made sense in how close he's working with UCAM and the team.
But I think to maintain, I think it's almost just sort of like assumed that these other positions are going to sort of just be wrapped up in that CSO role as a senior executive position.
And, you know, we could potentially be getting some different eyeballs in different directions.
Now, if it comes down to saving the Dow money, I get that too. I think particularly, though,
where it sort of comes into effect is for this council role. And again, I'm not trying to put
you on the hot seat here. I'm just sort of voicing my opinion. If I was in Wabam's seat, doesn't matter. I mean, this is just my opinion. I would certainly have stepped down from the special counsel role and I would have enabled another sort of body to come in there and another set of eyes. That's my take.
Yeah, I mean, I'm happy to chime in. I think Cam's implied it, but I'll say it explicitly. I do not get paid as a special council member. I haven't gotten paid as a special council member in a very long time.
the project director for Ape Chain.
I also don't get paid for Banana Bill.
So, you know, I'm just doing all this work for Ape Chain
and for the ApeCoin, you know, because I have, you know,
now the chief strategy officer role.
You know, in terms of stepping down,
like when we were doing the governance revamp,
there was a desire to have some continuity
like the reason that um the my term was extended by six months was so that we didn't have
the entire special council all rolling over at once um you know during this election that was
also why why mo was extended um so you know that was also why Mo was extended.
So, you know, that was the logic there.
I hear you all, City.
I think some fresh blood is going to be great.
We're going to get some fresh blood, you know, next month,
and we'll get even more later this year.
And I appreciate the explanation on that.
And, yeah, I just kind of wanted to say that.
I think it's good for everybody to understand, too, the the pay dynamics didn't affect me in terms of my opinion well bam i know on that side of things certainly no question there so i do appreciate the answer okay
no uh thank you for cleaning that up and thank you cam for cleaning that up uh the next section
is uh ecosystem development and partnerships some of this has been answered, but I'll still ask it anyway
so that I don't leave anybody out.
Is the Ape Foundation directly responsible for ApeChain's development?
If not, who is leading that effort?
Short answer is...
And what is the vision or roadmap for ApeChain
over the next one to three years?
Yeah, so short answer is yes.
It falls on
the foundation to develop. We obviously have partners on the tech side. We have an incredible
group of partners that have chosen to build. And so in the sense that there's a collective of
building happening here. I think one touched on the forward-facing strategy here. And I've also
touched on that. I want to be a little careful as to what we share. But the goal here in a lot of ways is to express
the chain as a measure of like the personality of its users, right? You know, we have a saying
sort of internally, I'll give spicy credit for it, you know, from Yuga, you know, there's a lot
of people external to our community who are like, oh, it's just the BAYC chain, it's never going to
grow, people hate apes. And it's like, we talk just the BAYC chain. It's never going to grow.
People hate apes. And it's like, we talk about how BAYC is our heritage, not our baggage.
There's a reason why, no matter what, no matter what community says that they're more well-known
than the apes or they're better than the apes, like it is unequivocally false. You just Google
it, Google NFTs, right? Just, you know, bored apes are still far and away the cultural standard
bearer. And that's just what we want the chain to board apes are still far and away the cultural standard bearer.
And that's just what we want the chain to feel like. We want it to be a cultural standard bearer.
There are others going after that same mission. Now, whether they're directly competitive from
like a demographic perspective, from a geographic perspective, you know, some are, some aren't,
you know, and we're not sort of entering new territory and saying that, you know, we want
to be that. But like, for us, it's very important that territory and saying that we want to be that.
But for us, it's very important that the signal that our chain sets is that we know what's interesting, what's experimental, what's cool, and at the end of the day, why people want to be on the internet together.
So our goal, depending on what token your website you're looking at, our goal is certainly for the token to be where it once was, you know, far up in,
you know, into the two digits, you know, our goal is for the chain to be like easily the
most successful on, you know, our good friends, Arbitrum, you know, shout out to Steven and AJ
and, you know, and the whole team, you know, over there, like it is to be better than any L2 that
we are competing with. And, and there's a lot of work that's's a lot of work that we have to do to actually get there.
But that's the bulletin board for us.
We go into the locker room.
That's what's on the wall.
Derivator had to bounce.
He's got a family emergency.
It looks serious.
So thoughts are with Derivator.
That's praying for Derivator.
Guys, I want to keep moving around.
Rita, this has been really good just going through these community questions, making sure these are all getting answered real quick.
If you don't mind, I'll ask the next one.
Yeah, go ahead. Oh, I'll just ask the getting answered real quick uh if you don't mind yeah go ahead oh i'll
just ask the next one real quick um there somebody was asking specifically about the moon birds
like project connection with um ape chain so back in the original banana bell transparency report it
was i believe it was that or it was another time but like i guess uh the ape foundation or um the
banana took over some of their coins.
Can you guys just tell us a little bit about that and how that's going right now?
For sure.
You know, I think there's some irony here that, like, on one hand, you know, there's frustration about, you know, Bananabil or the foundation not supporting, you know, community-led initiatives on Ape Chain.
On the other hand, people nitpick, hey, you supported this one. Why? On others, it's, well, why'd you support this one over me? Like, at the end of the day, you know, there are a lot of functions of the decision-making process, right? At the time,
the Moonbirds deal, like, memes were feeling good on ApeChain as they were elsewhere. We had,
you know, a burgeoning meme coin market, you know, OG NFT collections were having
sort of, you know, a moment in the sun. They were stepping back out. A lot of the, a lot of the
projects were saying, Hey, we're, you know, we're going to move to L2s and we're going to, you know,
actually be able to do things. Hugo was, you know, talking about what Moonbirds would, you know,
the role that they would play in the future in the metaverse, you know, and for us, we looked at a
small, you know, a small investment and said, Hey, like this could, this could kill a lot of, you know, for a terrible pun here, you know, kill a lot of birds with one stone.
And so, you know, yeah, look, memes on ape haven't succeeded in the way that we all hoped.
You know, the Moonbirds one, you know, hasn't, hasn't gone, you know, the way we wanted.
So like, you know, it's from an investment perspective, you just have to openly say, hey, we write, we write down that loss. You know, I actually believe we might, you know, Drew may
have even returned the funds or there was even a question of whether, you know, we sent the funds,
you know, and whether he sort of traded the token. So like, I don't actually know if there's anything,
you know, from a financial perspective that's been lost, but like, you know, it is our effort
to balance desire to support the community, be in the meta the meta you know and figure out what is worth
the dollars of banana bill i think you kind of hit the nail on the head though right there cam
because again like i feel like there is a lot of people like especially going into this space today
these are a lot of questions i rita sent me over a list of the questions and my god i didn't count
them all there must be like 30 or 40 of these things so i feel like maybe like in the future
again not not i don't think we need to be like doing like monday morning quarterbacking going
oh why did this play happen why'd that happen but like you know i feel like maybe like if we were
doing these spaces a little bit more regularly everybody could be like there wouldn't be like
40 questions it'd be like yeah meta change next question you know and it's like that's a silly
question but now it's like people are like and this and this and this and it comes off like very
like whoa okay where's all this coming from but it's like i feel like people are just like have
been asking and like wondering like about this and then it comes off like as almost like a crazy like
i have 50 questions and it's like you know i almost just feel like these conversations would
almost be better if we were doing them a little bit more frequently with everybody because then
it would be like hey how's it going what's new instead of like and this and this you know what
i'm saying does that make sense?
Well, if you look at the title,
it says 8 Chain Monthly, so
maybe we'll start a chat.
Yeah, if you guys agree,
we can do this monthly. We can do this even
weekly if you guys are done.
Fuck it, let's do it daily.
Let's do it by daily.
Bro, we have Baka for that.
I'm not doing it daily
for 24 hours. Look, we have Bucca for that. I'm not doing it daily for 24 hours.
Look, we're happy to lock in, you know, regular spaces.
You know, I think that the one sort of commitment that I'll ask for, right, is, and this is,
I think, one of the ones that's the hardest part of the job.
There's no criticism of any one particular individual. You know, I think anytime you're mixing passion and finance and friendship, you know, and a sense of self-identity, emotions run hot.
Right.
and we're talking about a potential deal to support a community where the threatened crash
out is sort of if the deal doesn't happen, you know, I'm going to sell, I'm going to leave,
I'm going to go our biggest competitors and, you know, rock my ape on their chain.
It puts us in a really hard position. And I think we probably have gotten a little defensive,
you know, and it's why oftentimes we don't want to say the hard word, which is like,
we just didn't believe in the moment this was the right move.
We didn't believe that the product was going to succeed the way your projection said.
We didn't believe that like you had enough of a moat.
We didn't believe that the meta was in your favor.
Like we've probably shied away from that.
And that's not right.
That's, you know, that's a, you know, I have to, I have to own that and say like, Hey,
am I doing, am I doing the fair thing?
Am I doing the just thing? You know, but when you hit the waterfall and it's just sort know, that's, you know, I have to, I have to own that and say like, hey, am I doing, am I doing the fair thing? Am I doing the just thing?
You know, but when you hit the waterfall and it's just sort of pouring on you, I think sometimes, you know, you take the step back.
So we can take a step forward here and say, hey, we will do a better job of directly communicating when deals aren't happening.
And we will also do a better job, you know, of sharing where we can with the community in an open space like this.
What I ask the community is to help us enforce the fact that, like, we are only a community if, like, we are all here, not for, you know, not for me, but for we.
And so just because a deal didn't come through now for someone doesn't mean there's not one later.
but if you're going to bail on us right now because it's not a deal,
But if you're going to bail on us right now because it's not a deal, then it's also hard to say you're part of the community.
then it's also hard to say you're part of the community.
Just like I took questions from the community and passed them on to you
and you've been answering them, the whole team has been answering them,
if you guys have something to say to the community, send it over,
I'll say it in the most direct way possible, just like I'm doing it now.
So it works both ways.
If you guys have something to say, let me know.
Let us know.
We'll do it for you.
We are a community.
I mean, there's none of these questions.
Well, some of them are just sick questions,
but there's a lot of questions that come from Tasha.
Totally.
And we appreciate that.
And, you know, look, we're trying to do a better job, you know, of making sure we have as many direct, you know, connections within the community as possible.
You know, I know I don't have as many as, you know, what Bam or One do, you know, did because I'm coming sort of from historically the Yuga side, you know, in a role that didn't let me be community facing.
But like I've said it before, I'll say it again, you know, DMs are open, right?
We will answer. We will find an opportunity to talk. We will figure out, you know, how to best be supportive.
We will listen to feedback. We will try to adjust. It doesn't mean we're going to make a decision
and change everything just because somebody says, I don't like what you're doing, but like,
we want to listen. We want people to be heard. And then ultimately, you know, we want to,
we want to do things that, you know, at the end of the day, the community said, hey, we think, you know, we think the right decision was made. So,
appreciate Rita, you, you know, you being a voice in that, you know, in that way. You know,
I want to shout out, you know, Captain Z and Steve, you know, they've reached out saying,
look, you know, we will be, you know, people in the space that, you know, if there's frustrations
in either direction, you know, we can help sort of, you know, smooth it out. I know there's a lot of people on the line right now listening who would offer to do
the same thing or have offered.
So, you know, that is a testament to the community.
That's why we're trying to be as open as, you know, we have been, you know, so we, you
know, we appreciate that.
With that long spiel, I'm going to apologize to everyone on this.
I have to drop, you know, for the next one.
We went over just a little bit, but like, like I said, we will definitely have more regular spaces, you know, whether, you know, Rita, you know, you schedule
it, you know, or we, you know, we rotate through spaces, we'll make sure, you know, we commit
and follow through on that.
Thanks, Sam. Juan and Wabama, you guys are still here. I still have a bunch of questions.
I've got about five minutes before I got to jump on a call I'm good that was me that was one I'm good
for for ten minutes guys like I can stay till till 2 30 Eastern here Rita speedrun him yeah speed
right it's all you know whose fault it's Aaron's fault anyway but i'm gonna keep on going um
in the eight is the ape foundation director is no no we did that
how is a team being integrated with the other side to increase ape utility in the metaverse
um probably more directly a question for folks at yuga, but, uh, like it's, it's, it's gonna,
my understanding is it's, it's everywhere. Um, every transaction in other side runs on ApeChain,
they're going to have tipping. Um, and my understanding is that's going to be live
come, uh, like the, you know, the first persistent instance come, you know, uh come later in June or early July.
So those tips will be on ApeChain.
Every transaction will be on ApeChain.
Every purchase will be on ApeChain.
So yeah, the other side is on ApeChain.
And you thought this was all just about that BB Council.
We're trying to get that alpha today.
I like it.
Everything I just said
came from the board gazette,
just to be clear.
But you
started talking, so we're going to have to do
a couple follow-ups here.
Now you're making me want to pin my
post from yesterday about this.
Gutita, I'm following up saying
that was cited by boardored Ape Gazette.
Yeah, I saw that.
I saw that. But we're just greasing the
wheels. We're getting you guys comfortable
starting to share
some special
little secret sauces, and we're going to get
a little bit more out of you, maybe. I don't know. We'll see.
Anything we say
going forward is from the Bored Ape Gazette
or Cockroach with Captain.
All right.
Moving through, Banana Bill Charter Transparency.
Can the DAO review the Banana Bill Charter as required under AIP 454?
Has the DAO considered engaging recruitment firms or professional talent networks to support hiring through key roles?
professional talent networks to support hiring through key roles?
We have retained recruitment firms to hire roles.
We've done that for a few of the roles that we've hired for,
on Ape Chain, at least.
We were even going to do that for the executive director role,
but Garga basically came in and said, no, we don't want you guys to do it that way.
But yeah, we have hired for, we do have a recruitment firm on retainer.
And the doubt review of the banana bill charter as required under AIP 454.
I need to take another look.
I thought that we did share that.
But I need to get back to you on that, Rita.
Alright, as the Dow grows into a more complex and businesslike entity, is the current governance model still the most effective?
Has alternative or hybrid structures been considered to improve decision-making and execution?
I mean, it's sort of a question for the community, right?
Like the DAO, we're all, the DAO changes based off of how the community puts up proposals and votes.
I think the Dow is changing all the time.
It evolved, you know, it evolved with the Banana Bill AIP.
It evolved with the governance revamp.
It's going to continue to evolve.
It'll evolve a bit with these elections, but, you know, mostly it'll evolve based on how people put up proposals to make changes.
So, like, if you want my personal
view, like, yeah, I think it does need to continue to evolve. You know, Cam alluded to it earlier,
but like, you know, we are, the foundation is running a business. The foundation is running
ApeChain. We're all collectively here invested in that. We're all, you know, Ape holders,
ApeChain users, and we all want that to succeed. And we need to make sure that, you know that we're all you know ape holders ape chain users um and we all want that to succeed
and we need to make sure that you know we're operating in a you know conducive business
environment that's competitive with our competitors right we you know we want to make sure that we're
not being held back against fighting against base and against fighting fighting against abstract and
against fighting against you know anime chain when
it comes out in solana um so uh yeah i think the down needs to continue to evolve so that we can
stay competitive with the times all right speed running speed running there's been ongoing discussion
there's been ongoing discussion about the token price and the role. Yeah, who's that?
Who's disturbing you?
Who's disturbing me?
I'm disturbing you.
Sorry, Rita.
I was trying to get you before you got on your role.
Going on.
I just wanted to thank you. Thank, obviously, Kyle and Kuchita.
Thanks for hosting.
Thanks for everyone tuning in.
Keep your eyes peeled for this week, next week,
and some big announcements coming out,
some big fun things for all of us to participate in.
If you're going to be at NFT NYC, kind of book those dates as well.
We'll be doing some fun things.
Ape Chain, obviously, we launched an announcement with Staple as well,
so we'll be doing some fun things at the Staple store.
So keep an eye out for that as well.
Appreciate all of you.
DMs are open as well.
And see you next month.
Thank you for that one.
Thank you for showing up.
Wabam, this one.
There's been ongoing discussion about the token price and the role the incoming
council might play in improving it however how can a newly erected elected group be held accountable
for current market conditions before they've officially started more importantly what is
currently being done by the foundation or other existing teams to support Ape value, utility and long term growth.
Yeah, I mean, everything in my mind, everything that we're doing, the Foundation's doing, ApeChain's doing, and hopefully
that these new special council members are doing is all going to
be about growing the Ape ecosystem and increasing the
token price, right? Like that's what we wake up every day. You
know, we look at the chart first thing you know
and we want the number to go up more than anybody um so you know i don't think the people the uh
uh the special council members coming in are being expected to you know to know or to like to be held
accountable for what's happened to the price of ApeCoin previously. But we want everybody
to be helping to grow the ecosystem, to be using the network, to bring new deals, to bring new
opportunities, to put ApeCoin on top. And we all hold ourselves to that standard. We're all pissed
when ApeCoin lags behind.
We're all excited when it catches up.
And we're going to do everything we can to get ourselves back in the top 100, you know,
and back competitive with all of the top chains and L2s in the ecosystem.
The devil has joined us.
Monty, big brother.
You mean the fucking savior. What the fuck are you talking about? The devil. What, you mean the fucking savior?
What the fuck are you talking about?
The devil?
What are you guys talking about?
Was that all city?
This motherfucker.
You know it.
Yeah.
Only guy older than me in the border.
Oh, I don't think.
Yeah.
Dude, that guy's retired.
I don't know why he's come out of retirement trying to run for shit, man.
I don't even know why he's up here.
It's all good.
I'm not running.
I only got one thing to say, man.
Everybody's asking for my support and fucking vote in the fucking DMs.
I don't know what the fuck you guys are thinking.
I'll tell you exactly what you need to do to get my support and my vote.
I even buy like a million Bitcoin to back you.
You need to do the fucking micro-sailor strategy, micro-strategy for fucking ape chain and BAYC.
You got to take the ApeCoin, you buy more Bored Apes.
You stick the Bored Apes in the treasury, you buy more Bored Apes.
And keep doing it.
And as the price of the BAYC go up, the value of the ApeCoin goes up.
Don't be stupid.
Don't think you're going to do DeFi because now you guys know DeFi except for me.
The rest of you motherfuckers want to bring back the NFTs,
want to bring on Bayc a point do exactly
that check out what joe lubin did with the fucking s bet man look at s bet go off look at eath go off
it's starting to come back on on bitcoin just do that guys apes are stupid stick to a simple strategy
guys i gotta jump in but i gotta give a little. But I got to give a little bit of flowers. I got to give a little bit of flowers to Machi before I jump
because that AIP for the dam, one of the most controversial AIPs
like in the period leading up to it and, you know,
even in the period following, you know, a lot of, you know,
community pushback and questions about whether it was the right thing to do.
You know, we still get funded in some circles.
The Dow still gets funded in some circles for that.
But you know what?
Those apes have held value like really well.
Like if you look at the damn holdings and you look at their current value,
I would actually say it's one of the most successful AIPs that we've ever had
in terms of actually having a return, probably the most successful AIPs that we've ever had in terms of actually having a return,
a return, probably really the most successful AIP that we've ever had in terms of actually,
you know, retaining value, uh, you know, and not just being a, a fucking hole of money.
So a little bit of props to Machi on the way out.
All right. Double down on that motherfucker and write an AIP to do the ApeCoin strategy, B-A-Y-C strategy, man.
If you guys don't know how to do it, ask Lumberg.
He'll help figure it out.
And I'll support anybody that does that, and I'll vote for them for the ApeCoin Council.
When I said clip that, I was completely disagreeing with everything that Wabam just said.
That Manchi proposal is insane.
Oh my gosh.
Come on.
Are we serious?
Article coming soon tonight, guys.
Lots of articles on that.
Lots and lots of articles.
I love my dog, but Jesus.
Hey, man.
Just go to OpenSea, type in the damn wallet, look at the amount of value it's worth,
and then show me another proposal that's that's retained
that much money i think you'll have a hard time doing it sorry to drop uh to drop on a mic drop
controversial moment but i i really appreciate uh rita for hosting us uh gucci to kyle you guys are
the best thank you everybody for being here we should definitely do this more often you know cam
said it one said it we're happy to do it every month or, you know, on some other schedule we can all figure out.
But really appreciate all your interest.
ApeCoin is awesome because we are all here.
We all show up.
We all care about this.
We care about it more than fucking anybody.
And we appreciate you all.
So thank you.
Thank you, Waban.
And Spencer, you think you, like, managed to stay quiet the whole space without answering
any questions i left all the hard i was so i was so excited i was so excited bro you didn't say a
word you think you're getting away from it i kept the hard ones for last yeah on that now now that
my bosses are gone i give my honest opinions on things right I'm just kidding. Happy to answer anything that I can,
but, you know, like, obviously,
those guys are the guys,
so you'll forgive me if there's stuff that I can't answer.
So what are you doing here, Spencer?
What am I doing here?
Yeah, but I'm good.
You don't want to answer questions, man.
Just vibing.
I have, like, three or four questions't want to answer questions, man. Just fighting. Let's see if you can.
I have like three or four questions.
Kyle, do you see any others that haven't been answered?
Spencer is here for two reasons.
Number one is Spencer.
He's the best.
No, no. Just one second.
Better than anybody.
Okay.
Okay.
Kyle, did I miss any or I think we're all done here, right?
I think you got all of them.
I'm looking through real quick.
I don't see any more that you haven't hit.
You did a very good job speed running there, Rita.
They both said they had like five minutes, ten minutes left.
And I think you hit or at least said every single thing that the community wanted you to say to them.
Yeah, let's try this one.
Spencer, maybe you can answer it.
It's like three or four mixed up.
And I'll ask all three,
but the answer, I think, is the same one.
What are the goals of success matrix for major marketing efforts like the F1 sponsorship?
And then how are we measuring ROI, and are the strategies in place
to convert visibility into meaningful partnerships or investments?
And then what kind of ROI is the Dow aiming with treasury from the
dinosheets?
Can you answer that?
So the second one is definitely a question for Webam.
And I can check with him and get, you know,
the answer on that on the Dow side.
You know, I mean, I don't touch, honestly,
the Dow side all that much from my position.
And for those of you who don't know me, I work on, you know, partnerships and integrations and business development, you know, for the foundation.
But, you know, what I will say is that with all the partnerships on that side, I assume that they're very similar to what we're looking for on our side or what we're shuttling to the banana bill, which is that, you know,
we want to both obviously boost social metrics
and blah, blah, blah on one side
to bring more people into the Ape Point
and into the Ape Chain ecosystem.
And that's what those have to be
and that they have to be two-way partnerships.
You know, they can't just be something
where we're giving kind of the Ape Seal of approval
to something else.
They need to be driving value and users and new community members back, you know, into the
ecosystem and getting ApeCoin and getting onto ApeChain. And I know that's sort of like a broad
answer to that, you know, and like I said, I'm sure that Webam and Cam can give more concise
or clearer ones, but that's generally what we need to do.
Thank you, Spencer. Thank you for trying to answer that.
I think we're good.
Guchero, Kyle, do you see any questions that weren't asked?
Let me know.
I guess we'll move to the candidates if you guys are still down.
I got nothing but time, Rita.
Let's move to the candidates.
Yeah, I'm asking the candidates.
You guys are still good?
Yeah.
You still here?
Yes, GM. Still here.
Loving it. Let's bring the energy.
Come on, candidates.
Thank you for
being patient.
Except All City and Aaron for disturbing my questions.
I'm going to let the community know that you guys fucked up.
It's true.
It's true.
Sometimes it's important to just take the initiative and talk even when when it's not your turn i'm sorry
sorry sometimes i usually i take my turn sometimes i don't i'm sorry rita i'll i'll not answer any
questions this hour to make up for it i get feet pics from this guy at all hours of the night
and he's giving me a hard time post them in the comments but erin i i do have a question for you I'm going to start with you uh are you running
for the BD position or the special counsel position special counsel and um you know while I do think
it's important and listen I loved uh a lot of Cam's answers here today they were clarifying and
and and I found a lot of them to be good answers, right?
Sorry, my son was cuddling with me, and I had to sit up there.
You'll be running in six months, correct?
No, I'll be running now for special counsel, because it still is special counsel, no matter what anybody wants to call it.
And I do still think it's important to have transparency between the DAO and the foundation, meaning the public and the foundation.
And so this will be a thing where if people are sort of frustrated with the process of AIPs, of getting information from the DAO, well, Ernest and I are running together as those people.
If everybody feels like they want three BD killers on there, well, yeah, that's probably
not me.
And that's okay, by the way.
I'm okay losing.
Sometimes you run for the thing that you believe in, the thing that you think is very important.
I think it's very important to support AIP authors.
I think it's very important to have the DAO understand what's going on.
I think it's very important to make sure that as we go forward, it is not another year, another two years of members being incredibly frustrated, not having any information.
And, you know, it's not a small thing to have a DAO that is allowed to have AIPs as allowed to vote on
things not be allowed to vote on them and then have those things be stonewalled for reasons that
never come to light and we're about to have the same thing happen with on-chain governance because
we've just been informed that the interpretation uh coming from is that phase two, and I know I'm getting a little
wonky here, okay, but phase two of the on-chain governance is meant to be a 14-day period where
the AIP author meets with legal from the foundation to try to strike a deal. And we were told, Ernest and I, we worked in a volunteer capacity to help
Wabam and Mo mostly edit and get AIP582 ready for a vote. We were told on Spaces, we were told
publicly and privately that if the two parties didn't come to an agreement within 14 days
the vote would immediately move forward in the process and the contract would be uh figured out
later but they would be allowed to come up and and go for a vote now the interpretation is that they
will not be allowed to go for a vote unless legal says that they can. And those discussions are going to be privileged discussions under NDA, which means that nobody's
allowed to talk about it.
So we're right about to have admin review 2.0.
And I'm sorry that that bothers me.
Ernest and I have always worked for AIP authors and always worked for the DA to, to try to support the little guy. And so, yeah, you know what, uh, get another BD killer. And, and, and by the way, Cam just said, if the BD killers that was a great name for a band, by the way, if the BD killers that, you know, he wants aren't elected, he's just going to hire him.
that he wants aren't elected, he's just going to hire them.
Okay?
So, you know, we just gave the foundation 25% of the Dow Treasury,
which at the time was over $130 million.
Don't cry for me, Argentina.
Hire your BD killers, but then get a couple of special council members on board
that are going to look out for the interests of the Dow.
We can do all these things at the same time.
He's going to get his BD killers one way or another.
Let's make sure the DAO is actually working for the DAO and the foundation is also working
for the DAO.
We can do both these things.
So yes, I am running for special counsel.
Okay, I'm getting wonky now.
But if I understood what he said said especially when he was talking about what
about he said that term is over in six months right right but sorry he i like cam a lot and
he can have the opinion that his implementation means that he can potentially change the the
meaning of an aip but you can't change the meaning of that AIP it is for
the role of special counsel so there are three special counsel seats open he can say that he
would like it to be business development and the voting public can definitely go along with that
and not vote me into office but there is a election. There is an election coming up for special
counsel. It is this current election. You guys can call whatever you want to, but it
is special counsel. There are three seats coming up now. And at the end of the year,
there are two seats coming up. That's going to be Wabam and Mo. Wabam is going to be
termed out. He won't be able to run again. And Mo can certainly run again. And I'll vote for him
because I think Mo is amazing. Mo is probably the first special candidate, sorry, special council
member in years to come out and be transparent about the process and about the problems with
the process. And then we'll bam, follow him. You have to give a bang credit as well. So Rita,
we can call it whatever we want to, but check out AIP582, which again, Ernest and I are not co-authors on it, but we did have a working document with the special counsel where we went over every single line and brought up things that they had missed or things that they didn't understand the ramifications of.
Not because they're not brilliant, because they are, but just because you need other voices out there. You need other heads. I stopped because I saw you on mute. So I
didn't know if you wanted to break in there. No, no. So what are we doing? What's the solution?
The solution is the doubt can vote for whoever the hell they want to. If they want to vote for people to try to make sure that there's accountability and that there's transparency.
And I agree with Cam.
We're not talking about transparency on every little thing, right?
But at the same time, we have AIP authors who have their AIPs held up for a year.
Literally a year with no information about why it's held up, which is not supposed
to be the way the Dow is going to run. So listen, if people are tired of my bullshit
about talking about the Dow is supposed to work for the people and it's supposed to be
here for everybody, then don't vote for me. That is okay. I also agree with Cam's perspective
that we want the price to go up. I hold not a lot of ApeCoin compared to some of you,
but I hold enough that it'll be life-changing for me if ApeCoin goes up to an all-time high.
I want ApeCoin to go up. I'm one of the founders and creators and innovators on ApeChain right now,
just like you are, Rita. I mean, you and I are here in this ecosystem every single day,
all day long. So when I say that I'm running for special counsel to help all of you who aren't
institutional investors, make sure the Dow is also working for you.
That is what I'm going to do.
If I'm elected, other people could be the BD killers.
I'm going to be the special counsel member along with earnest.
We're both endorsing ourselves that are going to work for the people in the Dow,
just like we have unpaid for a couple of years now.
Yeah, I'm on the team.
Well, I have a question.
Why do we feel the need to split those roles
into separate principles or values, right? Like I can believe in transparency
and working for the community and helping AIP authors and making sure that current projects
that are funded benefit from new sponsorships, but still have a BD first focus mind, right?
Like I don't think those things have to be mutually exclusive.
And to say I'm a transparency only candidate versus a BD only candidate seems a little weird.
Like, if you're working for the chain, you're working for the chain. And I think you can hold
both those values simultaneously. It goes to the history of the position that there has not been transparency for years. And so everybody
runs and they run on transparency, then they get sucked in with the NDA and they never hear from
them again. And so it's not weird if you understand the history of the DAO. I completely agree with
you. We should have business development, okay?
But there needs to be somebody that comes in and actually takes a stand and make sure the other parts get done as well.
And that hasn't happened yet, Ryan.
And so that's why I'm speaking the way that I'm speaking.
Just to jump in real quick, because the guy who's obviously been around for a long time, Ryan, I completely agree with what you said.
Aaron nailed it, though, in his sort of explanation there.
And I do think that they sort of had it right to start with as sort of an ambassador role.
Now, by default, you are doing business development, ecosystem growth as an ambassador. But I do think that there could be sort of a more definitive line where, hey, this is the BD team.
We are hiring these guys.
This is special counsel.
They're sort of community liaisons, ambassadors, sort of that bridge.
That being said, too, it's important not to necessarily look behind all the time.
And not saying that Aaron is. This is Aaron's old school and what aaron's standing on um i both respect understand and um you know
to large part agree with in some senses as well right but look they are making it clear that the
role is shifting and that this is what they want so um i think uh i think it's just sort of
understanding both sides right i mean can we can we talk about the reality of the situation though for a minute?
Because we're, we're talking about a lot of past history and not that that's not important.
I'm not trying to say it's not, but what I think we need to think about is the next 15 months,
because if this shit doesn't get together in the next six, there probably won't be anything in 15 months okay that's why i'm fully
into the idea of this focusing on bd we could do all of the governance and all the other stuff
but it should be more about getting the work done than having meetings about getting the work done
this is what drives me crazy about these processes yeah but Vandum what Aaron is saying
is yes we need BD
and yes we need
special counsel
and they should be separated
they should both be running now
if I understand Aaron
I usually don't understand Aaron too well
we never get each other
listen I agree that there should be business development,
and I think that Cam and his team are completely capable of doing that.
It would be great for special counsel to do it as well.
If I get elected, yeah, it'll be a focus.
I don't have meetings about meetings.
I get shit done and things happen.
I'm talking about that work getting shit done
is also making sure that people in the
Dow that don't hold millions and millions and millions of ape coin also have a voice and also
have the ability to participate in the Dow just like everybody else does. And right now, of course,
but if we don't get, if we don't get really amazing things built out on this on top of other side within the next
six to ten months we're not going to get back to where we were we'll never be anywhere near it
the next year is the most year in the history yeah absolutely we should be doing both but i do
think that the main focus should be on bringing in things that are going to be token
syncs.
What's the problem right now with ApeCoin?
What do you do with ApeCoin?
You turn it into ETH or USDC, right?
There's no syncs.
We're about to open up a bunch of syncs with other side.
We're about to open up a bunch of other syncs with other stuff that's going to launch.
But outside of NFTs, there hasn't been a whole lot of things popping off on the chain.
there hasn't been a whole lot of things popping off on the chain so we have to focus on getting
whatever the next thing is that pulls attention into ape chain that's the only way we survive
for the next 15 22 months it's it's not the time to uh focus on the ap authors that are waiting in the wings no did i did i say that aaron no i
didn't say that what i'm saying is the focus needs to be on bringing things in there's probably some
really great stuff that's been written up that might be sitting that's in the process of being
written up now that um could also fall into that category to fit into the things that I think people need to see on the chain to do transactions.
If we don't get more transactions, it's over.
It's that critical.
But we have the resources to do both, I think.
I hope so.
But if we don't knuckle down and row in the same direction now, we're totally fucked.
I think this is a good segue, too, to start locking into this side of things.
Aaron, I mean, we know the platform that you're talking about, respect it and all that.
But I do think that there is an opportunity here to talk about sort of the more business development role as a whole.
But, you know, not to try to just, you know, shuffle that off.
But I think the conversation has
been had, right?
And I think it is important that we're talking about sort of like what we plan on doing next
and how we're going to drive this chain, how we're going to drive the value of the token
too, right?
Quick one, Old City.
And this is for Aaron, right?
You said you're planning to run together with Ernest.
This big bull here.
You said you're planning to run together with Earnest.
I'm just wondering, does that mean that you're both going as separate candidates?
Or it means you want to be trying to put yourself as one candidate with the comp shared between two of you?
What does it mean when you say you're running together?
It means you're both running for two out of the three seats.
But we certainly would run for one seat if it was legally allowable.
We don't have a problem splitting the โ we're not in it for the ApeCoin.
I'm just wondering what you mean by that.
We're endorsing each other, and we both have a similar view of how we want to help the DAO.
There are three seats available, and as opposed to running against we're
endorsing each other and running together and uh in terms of splitting compensation um yeah i mean
i i can't speak for ernest but fine i don't care that's okay but basically yeah you're running for
two seats and that's okay that's what i'm just gonna clarify and the other thing was i noticed
there's two you know we're all talking about, and Old City mentioned this,
switching from the previous special counsel role
to this new special counsel slash BD role.
Now, what happens to the either two,
the two people,
well, there's one person who may get reelected,
but the two people who are not up to be reelected.
And does it mean that their role and title changes?
Oh, is this regarding Waban Big Bull?
Yeah.
I mean, effectively, they're saying their new roles is this, but I never saw anywhere sort of saying that basically the two people there, they will be switched to the same terms effectively.
Kyle, were you going to chime in here?
Oh, I was just going to say, these are great questions, Big Bull.
I'm not 100% sure on any of that.
But I was thinking I would love to
try to get some of the other candidates kind of into this conversation. And I was going to try
to see if I could steer us in a kind of a more fun direction real quick. I want to kind of play
a game real quick. So Cam said that he's going to be asking all of you who are running to make
kind of like your pitch, your ape chain pitch to companies or like, what would you actually tell
a company to get them over here? I think it'd be fun to go around a room real quick
and get a quick 30-second elevator pitch,
why Ape Chain go, from all of you.
Because Cam's going to be asking you,
he's going to make his recommendation eventually,
whether you guys like that or not.
So I think that'd be kind of fun to go around.
Rita, do you think that'd be fun? Can we do that?
Yeah, I really need Blue-Eyed Queen to chime in here, so any way you want to do it.
Well, great. We're starting with Blue-Eyed Queen then. Blue-Eyed Queen, if you were going to make
a pitch on Ape Chain. Okay, pretend I'm big Fortune 500 CEO. You got an audience of me. You
hit me up on LinkedIn, and believe it or not, it was that easy. Now you're in my office in New York.
Tell me, what's this Ape Chain thing? Why should I come and check it out?
All right.
I'm Blue Eye Queen.
Hello, folks.
Okay, so Ape Chain is more than just infrastructure.
It's a home for culture, ownership, and real-world connection.
We're built to empower creators, builders, and communities with on-chain tools that reward action,
whether that's minting, gaming, streaming, or just showing
up IRL. Everything is trackable, transparent, purposeful, and meaningful, as well as accessible.
For me, it's about the access. ApeChain is where we can bring in new voices, artists, developers,
educators, uniquely abled leaders, and give them tools to come in and build future on-chain.
With the right partnerships,
we can be where the future is going and where it's already being built. That's how we go from hype to longevity with on-chains and the right partnerships.
LFG.
Blue Egg Queen, that was great.
I like that.
That was really good.
Did you already have that planned out?
Were you already prepared with that elevator pitch or was that right off the fly?
I've been doing both.
I have an intro if nobody knows who doing both. I'm so, I have like an
intro. If nobody knows who I am, I got that ready. You know, anytime I'm coming up to do something,
I outperform, I outwork, I outdo. I am a perfectionist to a T. It's just because I
lead with intention and I want to make sure that every second counts. And that's why I'm so proud
to be up here with the rest of y'all. And it was so good to see former teammates as well.
Everybody that's speaking and they're running, you know, congratulations and good luck.
And we're here to help each other grow.
I think I broke the space.
I'm not able to bring people back up.
Can you try?
I've been trying to bring Aaron up.
I've been trying to bring Aaron back up that entire time.
Unfortunately, it is not letting me.
I keep hitting add speaker, and then it says they can come up,
and then it says they can speak, and then eventually they get knocked.
I think we need another co-host.
I'm trying to bring up another co-host.
But NGB, do you mind just taking the co-host for two seconds?
Yeah.
Then NGB, while you do that,
let's keep going around the room with people we have here
and we'll keep it moving.
Ryan, what's your elevator pitch?
Give us your 30 seconds.
You're in my office.
We're in New York.
Why Ape Chain Go?
Yeah, I mean, look,
I think we're all going to spit the same things
about tech, culture, community, app layer,
blah, blah, blah, governance.
You know, it's going to be about what you do as a Fortune 500 CEO and what's in it for
you.
So I'll give an example of, I actually, you know, I'm not even in the role yet.
I was the one that made the introduction to Jeff Staple for the Staple Ape Chain activation.
So my pitch to Jeff is, look, you're opening up your new retail store
in 21 Mercer. You've been looking for Bigfoot traffic. You want to recreate that riot experience
of dropping the first pigeon dunk. Like Ape Chain, apes might do it for you. Like apes might
actually riot in New York, right? So for him, it was, you know, how do I get a culturally relevant group in person in the
store? And for Ape Chain, the other side of it was how do we get into more of the hypebeast area?
They're doing the cool kicks thing. They're doing this. And look, I had the connection with Jeff. I
was willing to open my Rolodex even prior to being in the role. Like, I don't get a cut of this deal,
like nothing in it for me. It was just what I did. But that's going to be the pitch to everybody is like,
what do they want as a Fortune 500 CEO that Ape Chain can give them? Sometimes it's going to be
a rabid community of people ready to consume something. Sometimes it's going to be our
connections to another part of our network, things like that. But that's what's going to sell a BD pitch, not necessarily like ApeChain is a new blockchain
and blah, blah, blah.
Like, that's a great pitch.
But like, to get people to care, it's all about revenue, you know, things like that.
Brian, are you running?
Yeah, Rita, I keep posting under your posts.
I don't know if it's because I'm on top of you of the cookies leaderboard.
You're trying to limit my mind share or something.
But hell yeah, I'm running.
And notice something.
Only non-ape up here.
So we looking to bring people outside of Ape Chain into Ape.
Bro, I swear I did not see it.
I'm very sorry.
I'm very sorry.
I did not see that.
But hey, now you're up. Now you're up.
I'm up. Yeah. No, I appreciate it. Appreciate everybody being here and allowing me to speak a bit.
Ryan, you brought it up real quick. When is that event?
You're up for the chain, Ryan.
Ryan, real quick. You're up here. Can you just give everyone a real quick, when is that event and how can people attend?
you're up here can you just give everyone a real quick when is that event and how can people attend
yeah that event is uh you know i'll have to look at the exact dates in in june but uh those are but
it's two days um uh details on like attendance isn't you know really shit that's all going to
come from the ape chain team i just made the business development introduction baby so they're
doing all the partnership work so i'm actually you know some of these details the you know spend will have more of them than i will
let's do it yeah the event will be taking place on june 25th and 26th at 21 mercer street so at
jeff's staples store regarding attendance please keep your eyes peeled to the official ape coin
handle and ape chain hub and we'll have that information rolling out very shortly.
Awesome. Appreciate it, man.
Proof of Alpha, I know that you said you're running last week on Spaces with Me.
So, you know, do you want to give us your quick spiel?
What's your business development pitch?
What would you say to companies?
How would you try to sell them ApeChain?
All you, my friend. Floor is yours.
you my friend floor is yours yeah thanks for having me up uh thanks for allowing me to come
Floor is yours.
Yeah, thanks for having me up.
Thanks for allowing me to come up, man.
up man it's a it's a uh it's a wonderful time to come up and uh i guess to get this thing going so
i would i would go by going that ape chain is the power behind the perpetual groundbreaking
platform that you know is going to incorporate the likes of YouTube, Twitch, Twitter, streaming, and all types of commerce.
I would definitely go at that angle.
And because these companies see where the money is going, where it's made and where it's going.
And with the crypto friendly administration that we have that just came in in the United States, we're getting more and more exposure.
And it's on the news.
It's everywhere in the world, regardless of if more exposure. And it's on the news, it's everywhere
in the world, regardless if it's good or it's bad, these are conversation pieces. And so I would
definitely put that out and dangle that in front of them and let them know that, hey, we need you
to be a part of this. And the smart companies that do their due diligence, usually they are a part of
it. So here we are in the office
to try to get you before those other companies, BlackRock and whoever else comes in and say,
we need a 51% so we can run it ourselves. And that would be my 50 second, 30 second elevator.
Love it. Appreciate it, man. And thank you so much for coming by today.
Ernest, let's go to you. You're running. What's your pitch? What's your business development
pitch? What are you thinking? I am you. You're running. What's your pitch? What's your business development pitch?
What are you thinking?
I am running.
I'm running for special counsel.
I am endorsing Aaron Haber
for special counsel as well.
And I do appreciate
the business development side of the role.
I'm just looking at AIP 582
to see that the special counsels
are ambassadors to the ApeCoin Dow.
And I would assume that business development is part of that.
But I gave the same pitch I gave twice now in the last two months
to investment funds that have called me and asked me to advise
on their investment into ApeCoin.
There's a lot going on with ApeCoin.
It's growing.
We have less supply, less supply, more demand.
We're doing a lot to increase demand.
Less supply, more demand means increased price.
That's where you are.
You get more of these investment funds in.
I know everybody hates investment funds,
but if you get more of the investment funds in,
sucking up liquidity,
you're going to see an increase in price.
You get more market adoption and more utility to ApeCoin, and you're going to
see an increase in price. You need to do those things that increase price so that investors look
to get in so they can be there for the long haul. We also need to work on, I don't know how much
we're doing on the lobbying side, but there's been talk about including ApeCoin on that list of
U.S. digital assets, U.S.-based digital assets that will not be subject to capital gains.
We need to work on that because that'd be huge for ApeCoin.
And so that's what I see on the business development side.
That's what we need to do.
I'm going to be honest.
I didn't even know there was a list of that was even being pitched out there.
That is insane.
Yeah.
How do we get on that list?
Who is getting us on that list?
Who's building that?
Well, what's funny is it was put out by the Trump administration.
It was a list of a number of digital assets, crypto assets that were U.S. based, even though ApeCoin technically were what came in base.
But we were put on that list and we need to follow up.
We need to stay on it.
We need to have someone lobbying for that. So if I'm elected for special counsel, I'd be willing to
make those connections. 100%. Ernest, can you please send me over wherever you saw that? Because
I would love to look at that later. Appreciate that, man. Big Bull, we'll go to you. Big Bull,
are you running this year too? I'm in the process of thinking about these questions.
So it's highly likely, but I'll give you my answers first.
So I've been thinking about this.
And the first step is I'm actually going to reach out to a few major companies.
One's a $5 billion revenue company.
I'm going to talk to their CEO next week about it.
And then another one's a family office with a hundred families, right? And each one has like at least 30, 40 million dollars per family in there.
And then a large fashion house that has, I'm not going to say the name, but one month in their
history, they did more sales in LV and then a hotel retail group and an artist that has had
paintings sell for up to $5 dollars right so these are various people
however what they're going to think is a very different approach like nike with clonex has
people potentially suing it like or we're trying to sue for five million dollars so the first thing
that they're going to think is what are the risks because if you're talking about this kind of size company, the revenue they're going to generate is tiny relative to the risk that they take on.
So for most of them, they just see this as how can we explore something new without having brand reputation or legal risk?
So that's what they're going to first want to have clearly clarified.
Once you can understand those risks, understand which markets they're in, understand, you know,
are they allowed to, you know, promote crypto in their core markets or not? Because not every
one of these people is US-based. Some of them are based, you know, the ones I listed out here,
you've got ones in Italy, Switzerland, China, you know, Hong Kong, you know, they're all over
the place, right? So there are many large companies around the world that are non-US-based. So US is
super important and it's very critical to grow the US and the agricultural environment is
quite positive now. But I think we need to think
globally in those other areas, understand their needs, understand how they can dip their feet in
to this, to have positive brand exposure with limited downside.
Love it. Appreciate it, Big Bull, and thank you.
And if you run, please let me know.
I think you should run.
I think everybody should run.
Anyone that was out there who was wondering
if they should run should definitely
throw their hat in the ring.
Yeah, if you're running, please hit me up
and let us know.
Sorry, Alphandijan as well.
I didn't know you were running either.
And apologies again, Ryan.
And also Baka, and I had to let some people down
just to give some space to the candidates.
I'll let you book guys up in a bit.
Aaron, welcome back.
Did I use up my quota of speaking before into the app?
No, no, no.
Just naturally kept me off.
Bro, if it was speaking quota,
Alpha Dijan has used his speaking quota in one space.
He already used it for two years.
No, bro.
I saved it.
Yeah, go ahead, Aaron.
You dropped off.
I think you were saying something before.
Or do you want to ask Kyle?
Do you want to ask him the same question?
Yeah, Aaron.
Same question. Let's Aaron, same question.
Let's go to you now.
We got you up.
I don't want you to drop off again,
so the floor is yours.
What's your pitch?
What's your BD pitch?
For me, I mean,
my contacts are mostly in entertainment.
I think it would be
promoting ApeCoin and ApeChain
in front of many, many, many people with product placement
and other types of advertising in terms of movie theater chains, streaming services,
et cetera. That's sort of where my experience lies. I kind of want to go the opposite way.
I agree with Big Bull about how these companies need to feel secure now that they can actually talk about or utilize blockchain technology and crypto. the position that Starbucks did, which was to have the underlying technology usable to
their millions and millions of users. But from a seamless standpoint, we don't need everybody
to understand all the technology like we do. I want to come in and pitch them that we have
the infrastructure, we have the ability to give their customers that
seamless interaction. You and I, Kyle, both cried tears when Starbucks Odyssey closed down.
I think they got the closest to what anybody did to onboarding literally tens of millions of people,
but I want Ape Chain to be what they're using. I want ApeCoin to be the currency and the gas that they're using.
And if we bring on a company like that, or any company, and they're using our technology in the background,
yes, we want people to know it's Ape Chain and ApeCoin, but we mostly really want them to fucking use it.
but we mostly really want them to fucking use it.
And so that is the position that not only am I going to try,
but Ernest and I are already in conversations now with entities to help us do that right now.
Absolutely love it.
Yeah, I miss Starbucks Odyssey a lot, man.
That is probably one of the saddest things that ever happened to me.
I'm rugged i'll pour out
i'll pour out some with my pumpkin spice tumbler that i won from uh starbucks odyssey
can't wait for pumpkin spice we're just a couple guys just follows right around the corner we are
like two months away from fall and pumpkin spice season again we're gonna keep it moving appreciate
you aaron uh all city we're going to you what's your b BD pitch? Well, look, I think everybody's kind of
talking about the same stuff here, right? What I'm going to do is I'm going to tell you why you got
to vote for me. You want to get shit done? You come to All City, right? Look what happened with
the GWG. There's no fucking off switch here. All right. Talking about BD, there's two protocols
coming that haven't launched yet on Ape Chain. That's me. Brought those over there. How many
protocols have I advised on that are now on Ape Chainain? Blavver, ApeExpress, all early advising. Ride. I help ride out all the time.
Look, a lot of flashy stuff that people are going to be talking about right now. Okay,
I'm going to talk to this guy. I'm going to talk to this group. I'm this and that, blah, blah, blah.
I'm a great guy, right? I'm a great guy. I'm going to be the guy all day long in the trenches getting Ape Chain adopted on these exchanges.
These deals take a long time to do. We need Ape Chain adoption on these exchanges.
Right. They've got the token, but we need to get Ape Chain on there.
Oftentimes they look at these like it's a new deal.
Extensive history in Hong Kong, all sorts of stuff going on out there.
I don't think that we're looking nearly, nearly hard enough in the East.
A lot of great people, a lot of great things happening over there.
There's all sorts of government incentives.
Bored apes are also massive in the East.
Everybody knows what an ape is in Hong Kong, in Singapore, in Taiwan.
How can we leverage that, right?
How can we get more adoption there?
I think we need to be looking at the Arab ecosystem. That's a beast. That's our big that, right? How can we get more adoption there? I think we need to be looking at the Aุฑุจ ecosystem. That's a beast. That's our big brother, right? We need to be onboarding
more protocols from over there. That's easy. Let's catapult that network effect, right? The
other thing I want to do right away is open up a clear lane of communication to the community
for everybody in here who has their own networks and their own opportunities to come
to us, right? We need a vessel for that. We need a process for that. We need a system for that.
How can we explore your opportunities? Because how many great builders are in this ecosystem?
It's a very small team right now when you think about the grand scheme of things,
working on Ape Chain. So I want to hear from you. I want to be your guy, your point, your point man, your contact.
Hey, man, I got this idea.
Let's explore it.
Let's explore it together.
That's really what I'm driving on, man.
It's really those key facts, really not so much of the flashy stuff.
We got lots of people that are going to handle that.
I'm a great guy.
And again, no off switch
you want to get shit done you come to all city let's go absolutely love that thank you all city
and last but not least we got crypto von doom crypto von doom the floor is yours my friend
what's going on what are you thinking what's up what's your bd pitch i mean look all pitches are
different depending on the situation right so i think you know obviously we're going to position this as culture. This is where culture and entertainment meet utility. This is the best
community, et cetera, et cetera. All the things that everybody else would say, right? But I think
what's important on top of that is that we set up some type of like launchpad pathway, right?
So a clear program to onboard and support aligned founders with access to the network, right? The network is the most powerful thing that we have collectively, right?
That's why everybody that doesn't have, you know, an AperMutant in all the other communities
wants an AperMutant so they can get access to that network.
So I think it's about really just grinding it out, finding people that get it and bringing them in based on the community and based on the network.
And I think a Launchpad Pathways is critical to support the stuff that decides that Ape Chain should be their home.
Absolutely love that.
Now, Von Doom, I wanted to go to you last because I also wanted to ask you a couple questions about Bathroom Blitz
because we got you here.
You were talking about syncs.
You were talking about ApeCoin syncs with Aaron.
And again, without giving anything away, I'm not here to ruin your game
and force everything out of you today.
Yeah, I can't break my ADAs, but yeah, go ahead.
Will Bathroom Blitzitz have sinks in it?
I think if you think about the evolution of a game, right?
And if other side is built on Ape Chain, which we all know it is, right?
I think that you could draw a pretty straight line to the obvious answer.
How'd I do there?
That was pretty good without
answering your question i answered your question i know i'm master stroke i guess now the gate look
the game is fun as hell i mean seriously it is absolutely ridiculous when when i first started
talking with garga about what command line can do and you know we started
having a couple meetings he literally shot me over this deck um that him and that him and gordon
built out it was it was an idea that they generated and i mean we really just wanted to
both you know honor the legacy right because when you think about the history of bayc right everything started
in the bathroom we used to go and log into the side and wallet connect and try you know basically
we were drawn you know it's like i said in in the quote for uh the gazette it's like we we started
drawing dicks on the bathroom wall right that's where it all started so the fact that like the first experience in
other side is going to be this game that like my team built over the last 10 months and it is you
you're going to find so many fun easter eggs in this game i mean when we when we were doing it
we were just laughing our asses off because like the timeline is going to erupt with screenshots and and you guys
are going to find some random hysterical ass shit guaranteed it's it's it's fun as hell you know
there's a lot of things that are going to come you know post-launch that we want to add into it
um you know we've already got a phase two and a phase three kind of planned out. And I mean, I will say that's not the only thing we're building without giving away anything else.
Now, Von Doom, real quick, while we got you, and I know we were talking about the special council slash business development council, but guys, we got Von Doom here.
I want to ask him real quick.
So you built this whole thing on the odk with the other side development kit
that everyone will get eventually correct correct yes and how was that was it easy like for people
out there who haven't had an opportunity to check it out yet like and they're pretty savvy like what
should what should they know going into it like what's it similar to what can you tell us about
that i mean look you know the team you, my team has built about 300 projects globally.
Um, you know, a ton of those have been enterprise based.
So stuff ranging from the Hollywood hard rock, uh, hotel, the 30 or 40 story guitar, you
know, we were on that for 18 months.
We've been working on stuff in Saudi Arabia between the line and a couple other projects.
Interiors of Gulfstream Jets, you know, like tons of high level, high fidelity things.
Right.
We opened up the gaming studio two years ago when Epic, I mean, we're also the first
Unreal Engine Epic Games enterprise partner in North America.
We were an early nvidia
partner on top of that so we've been working with both those companies for it'll be 10 years next
year um you know epic asked us to like start looking at fortnite about two two plus years ago
when uh uefn came out and it gave us the ability to actually import models in because look i i've i've been a metaphors i've been a metaphors guy forever okay you know growing up reading snow crash by neil stevenson gibson
philip k dick all this stuff is like just a part of my dna so when we started that company one of
the first things we did was we wanted to make sure that we owned all of our models right so out of
a hundred percent of the projects we've done we probably own eighty percent of the sure that we owned all of our models, right? So out of 100% of the projects we've done, we probably own 80% of the things that we created.
Because part of my background, too, is entertainment and music industry.
So I knew that if we owned all our IP, we would be more metaverse-ready than the next guy.
And in order for us to be more metaverse-ready for the next guy, we had to be kind of shovel-ready
with thousands of models.
Right. Not just dozens, but thousands of models built over time.
So when we got into the ODK, you know, we were obviously pretty excited.
Look, for my team, like we, you know, perspective here, we did like an 18 month project with Epic Games right after COVID hit.
They had opened up a Detroit office that was
scheduled to open, unfortunately, in April of 2020. Well, in March, we were all sent home,
so that office couldn't open. So we're talking with the lead there that we were doing a bunch
of work with and kind of going over ideas of how to address the Detroit business, which is
obviously automotive, and how to get them more know, the Detroit business, which is obviously automotive,
and how to get them more involved in Unreal.
That's why that office was opening.
We got pulled in to build out essentially an internal and external metaverse for Epic Games, right? So part of what we were tasked with was building that metaverse, which is,
and I could show you the video at some point too,
I'd be happy to, um, because our reel is insane. Um, part of that was we built, I would say,
I think it was six scenes, but we probably built it eight times with eight different stacks,
right. Of, uh, I would say like the plumbing and the electrical, right. Multiplayer doesn't just
work. It has to be created, right?
So you have to have a lot of protocols written and a lot of code.
And there's companies out there historically that have been doing this.
And basically we were the ones evaluating these companies for Epic,
for Epic to decide, you know, are these guys,
are these guys doing a good job?
Is this something you'd work with on your own for clients or build on top of?
Most of it was trash.
A couple of them were amazing.
One of them got a bunch of funding, partially probably based on our recommendations of these guys actually know what they're doing.
We're still working with them today on stuff on the enterprise side of the business the odk uh we were already familiar a bit with um
with with m squared and with that team um it was good you know it's still in a growth phase
it still uh has versions coming out that with important updates for my guys it wasn't hard
because we've done this for a decade um for new people looking to jump in, and Rita could attest to this too,
there's a lot of things that people need to learn.
And we're trying to come up with things to make it easier for people.
You know what I mean?
Because we want a healthy developer ecosystem.
What other side needs is it needs three success stories.
One is an anomaly, right?
Three is a pattern, and everything works on patterns.
Skills-wise, I mean, start learning Unreal Engine
if you want to get involved.
Start learning Unreal 5.5 at a minimum.
It's a great system.
It's modular.
You don't have to build it.
So if you've ever done
stuff you know when you know at any point in your life where you or you were teaching your kids how
to code and you're using scratch it's all modular a lot of the stuff with unreal is modular like we
early on we were unity and we switched to unreal because at that point in time we didn't have the
crack devs that we have now and we switched to Unreal because it was easier for us.
It's the easiest path for people that want to develop.
We've been bleeding Unreal blue for years.
So Unreal, and obviously, like, if you can code, you know,
Verse, C++, the ODK doesn't have code exposed yet.
I'm hoping at some point it does.
So you could really go crazy.
But it has the ability to
turn a lot of things on and off
and then build on top of it.
Love that.
Karida, why are you crying?
The pattern?
That was good. Thank you.
Three's a pattern.
Three's a pattern.
One is an anomaly. Anybody
can have a single hit, but can
you have multiple hits over time?
That's good. That's good. Rita,
what were you going to say?
Rita? Maybe Rita's rugging.
Rita's rugging. Oh, shit.
Kyle, you're host now. Congratulations.
Oh, no. You've been promoted.
All right.
So, I mean, I guess...
Did I answer enough questions on Bathroom Blitz for you?
100% Von Doom.
Now, last thing.
When can people expect to start playing that?
Well, Garga said late June, early July.
So, my guys are working overtime.
Good answer, Bob.
We're here for it.
I was hoping I could get you real quick on a, oh, this day.
Yeah, no, we're not going to nail down a day yet.
We'll let you know.
We will let you know.
I'm hoping that we can start having some wider play tests.
We've done, I mean, our team's done a ridiculous amount of play tests already of
course we've you know yuga's done it as well um we did i think it was maybe three or four weeks ago
we did like a company-wide play test between our team and their teams and it was a blast it was
ridiculous you know and we were all on a google meet together so just like seeing people's faces
like laughing their asses off at some of the stupid stuff that we put in there was a blast.
Love it. Now. Okay, guys, I got another fun question for everyone here who's running for special counsel slash business development. All right, we're gonna play a game. You won, you won your race. You're now business development slash special council member.
Okay. Your first order of business is what? And then what company or business are you calling to try to onboard onto Ape Chain and why? So let's go around a room real quick.
Who did we start with last time? We started with Blue Eyed Queen last time. So All City,
you're a big talker. Let's go with you. What are you doing? What's your first order of business
you want? And then who are you bringing on? Who are you calling to try to get them on ApeChain?
Well, let's be real, right? I mean, I cast a big net. So, I mean, it's not one target. And again,
I'm really, my day-to-day is going to be locking in on exchanges. That's how I view this, right?
You know, the other thing that I didn't mention is the NFT market. You know, Aaron, I was on a great spaces with Aaron or no, it wasn't
Aaron's space the other day. It was a Dutchies and a guy named Jeff, you know, he's, he loves
Abe chain. He's got all these concerns about mint prices. And I'm like, man, I know it's these
optics. So a lot of my strategy really does revolve around data.
I know it's not all that sexy, but I want to know what founders are thinking.
I want to know what founders are thinking in our ecosystem right now and outside of our ecosystem.
How can I get them over here?
So, you know, to be kind of boring, the first stuff that I'm going to be doing is building my systems building my outreach and conducting that outreach and then basing what i'm going to do next off of that but
again big net um you know cam kind of touched on it earlier about his tweet yesterday in my comment
on that where it's not necessarily about although i'll go toe-to-toe on contacts with anybody any
day of the week but it's not always about who's within arm's reach. It's about that grind to get everybody that you can to make those contacts, right? And to reach
out to them and to follow up. I mean, that's sales, right? So, you know, kind of a boring answer,
but it starts with outreach. It always starts with outreach and then, you know, looking at that data
and then going from there, building out from there. I'm making coffee. That's it.
Awesome.
Appreciate it all to the end.
You know, boring answers are good.
If that's your answer, that's your answer.
Proof of Alpha Degen, let's go to you.
You won.
Who you calling?
Who you trying to bring on the Ape Chain and why?
Go for it.
I don't think I'm necessarily looking to see who I want to bring on the Ape Chain.
First thing I want to do is I want to look at inventory of what we actually have, you know, the aftermath of what's been going on. Let's try to straighten that out.
And let's look at that and see what's bleeding and what's not. Let's see what losses we're going
to cut because at some point you cut the bleeding and then you move forward. So then we tidy up our
home front first and foremost, and then we reach out and start going. And whatever sustainable
that we have in the
ecosystem was not. And it's buddy, buddy. Hey, sorry about buddy, buddy, but this is not a buddy,
buddy system. This is a business. And so as long as we run it like that, then we can look forward
to some things coming in the future. Then we start looking out to outsource and go bring in new
systems and inventory. That's my first order of business.
Absolutely love it, man. Appreciate that. Blue Eye Queen, we're going to you.
GM, GM, I'm blue. For those of you that know my history, I have two and a half years at Yugo Labs from social to legal operations. I know what our community wants, what they need.
I know what our community wants, what they need.
The partnerships that I'd like to activate on chain would be across merch, apps, grants, art, IRL events.
My Rolodex extends very far, especially being a liaison and a vendor manager for the legal department at Yuga, as well as Ape Chain vendors as well.
So one of the first partners that I'm going to wheel and deal is TEDx.
Those of you know, I have a couple keynotes across the world internationally,
38 countries, an artist and an advocate for the disability community.
So TEDx would be a great way to stream all of the TEDx conferences on ApeChain,
develop a PO-op for those that are onboarding from
Web 2 to Web 3, and do ApeChain learning experiences because TEDx is, you are allowed to be a speaker
if you have a great idea and you can pitch and deliver that great idea to thousands of
people between 8 and 13 minutes.
And I've done that across the entire world with many stages.
I have the personality to drive ApeChain. I have my own sold-out collections.
It won't just be one partnership. It will be magnitudes and magnitudes of partnerships.
So let's go.
And if I could jump in here, Bored Gazette, this is Gucci.
I was getting rugged earlier, so I had to come on this account.
So if you need to tap, let me know.
But Blue, we did an unboxing Web3 video on Blue and all the things that she's done in the space.
So I encourage you to check that out.
I've known Blue for a while.
And just when I was putting together that episode, I was kind of taken aback.
I'm like, damn, dude, this girl's hustling and working.
But I just wanted to comment, let you know I'm back in the mix, Borgazette.
And also, I like this idea of TEDx.
That's a pretty cool idea, Blue.
I rugged a little bit.
I hope I didn't miss out on what you said there.
Thanks for the interview that you did on my art.
Yeah, please check out Unboxing.
If you want to see where culture starts and what people are up to,
all these videos will get you straight up to speed on all that.
So good luck, everybody that's running.
Appreciate that, Blue. Thank you so much. And Guchita, I'm happy you are back. We are going
to keep going around the room real quick. I want to give everybody else who is running for special
counsel an opportunity to answer that question real quick. Then we'll move on. And I want to
also go to Greatfly. I want to also go to Profits. I want to get everybody the opportunity to start
asking some questions of these guys or whatever they want to talk about. Big Bull, we're going
to you next.
You won.
Who are you going with?
Who are you bringing on Ape Chain?
What's your plan?
First order of business.
Okay.
Meet the other special council members.
Have the one-on-one with the CEO and then with the CSO.
See ways you can work together.
I don't think it's a lone wolf approach.
See what they want.
If they have any pitch concepts or things that they're looking into already, and then explain the people, companies I can reach out to, see what we can
suggest to them because having a good or great contact is excellent. However, that opens the door
and you need a solid proposal to convert.
And so I would say it's not about rushing in the first few weeks.
It's about getting that together.
And then when you go to approach them, you don't burn that contact early because it's, you know, the last thing you want is everyone who comes in to desperately reach out to the people they know with not so
complete concepts and then having six months until they can reach back out again right so i think
you know understanding the lay of the land understanding what can be added to ape chain
understand what value we can bring to those companies listen to those people have been doing
this day in day out and work together on it.
Because I think if we have
five people
all just shooting off independently,
I don't think
we need to have the whole to be
greater than the sum of its parts.
Awesome answer. Appreciate you, Big Bull. Thank you so
much. Von Doom,
we're going to you next. I don't want you to be last. Oh, shoot. NGB, what do you want? What's going on first? If you, then we'll go to Von Doom.
running and didn't get a chance to speak up here so uh we'll keep our eyes peeled you know this
is going to be reoccurring um but yeah i just wanted to get that message over sorry von dude
nah dude it's all good um look i'm already doing the work counselor or not i've got like
six conversations going with six actually one of them just got signed off on so five really just dope projects that
needed a home i have a pretty ridiculous deal flow um that hits my dms and hits me through
contacts that i've been networked with for at some you know in some instances two decades
and the people that know what i'm doing know that they're going to come to me for advice
on this stuff. I mean, this is why I'm, you know, I'm an advisor for Lamina One. It's Neil
Stevenson's metaverse company, right? It's an IP play. So it's different than what other side's
doing. For those of you unfamiliar, Neil Stevenson coined the phrase metaverse with
Snow Crash in 1992. Okay. All of the things that we envisioned, like there would be no Ready Player
One if there wasn't a Snow Crash. I love that book. Ernest Cline would be no ready player one if there wasn't a snow crash i love that book ernest klein's a great guy but if it wasn't for snow crash there
would have there would have been no ready player one but these are the building blocks that
everything that we're envisioning for other side and a persistent instance of the metaverse was
built off of so i mean my network is pretty undefeated. I'm kind of like Liam Neeson
in Taken. I have a very particular set of skills. And like I said, I'm already doing the work. I've
already got one thing through and five things that are probably going to go through post that over
the next month. Absolutely love that answer, Von Doom. Thank you so much. And last but not least,
we have Ryan. Ryan, you won the special counsel election or business development. Who you call in first order of business, what are you doing?
some of the current accelerators, whether it be Y Combinator, Techstars, etc.
I think a co-branded cohort with Techstars that was the ape chain Techstars would spit out a bunch of dope companies and create scale,
but also allow us to get, you know, our good tech people, mentors, etc.
plugged in with like the smartest entrepreneurs, whether they're in Web3 or not.
So like I think initiative wise, that is a great thing for the special counsel to pursue in terms
of setting up, you know, a large opportunity for success for the chain. But also, you know,
I've already done staple like Von Doom. I'm already doing the work, right? We can extend the retail
galore, right? We did Crocs before every Web3 project did Crocs.
Retail is easy, but I think the funnest one, something that I think would be super dope, is how do we get usage of ApeChain daily by people that maybe don't even realize they're doing it with ecosystem partners that are already there?
Clutch markets just dropped.
They do parlay bets. I have
a connection with the college game day every Saturday on ESPN. They do a segment where they
bet on underdogs and usually it's FanDuel or something else that puts up the odds for that
segment. What if we got Clutch Market as the odds on that segment and then sponsored by Ape Chain?
These are the types of things that I think would be really dope to do
for the community.
Appreciate that, Ryan.
And now, Profits, I am so sorry.
I just got to message Profits.
Are you running for office as well?
Good morning, my favorite club on the internet we active um i was gonna break the
news on the timeline but i'll break the news here on the spaces i have decided to also run um i'm
in the middle of shooting the video looks like there's a few days i think that were added so i'm
kind of happy because i'm here in vegas i'll shoot the video here in Vegas but first thing I do is launch a creator slash collector
activation hub and the reason being is because I think some of the best ideas in this entire space
I don't think I know have literally come from this club and have been manipulated and reused
and reused and spit out by obviously other brands and
companies. And obviously nobody does it like us, but I would really initiate this at first because
I think we need to highlight more of the really, really, really good things that we're doing
outside of our eco, right? Like other people outside of our eco need to see it. And that's
why I think initiating something like that, where multiple platforms are now discussing the amazing things that are going on over here in
Ape Land, that's what I would initiate, right? And with my connections and all the things that
I kind of already are tied to, it would be a very easy lift amongst much more. I don't want to share
too much. Just like Von Doom, just like ryan a few others here you know also
been doing the work and uh yeah i'm excited and very proud of where you know this is headed very
excited to see how cam leads the way and appreciate the time today on the space great space so far
appreciate you breaking that news of us today prophets that is absolutely incredible super
happy to have you in the race looking forward to covering it the whole entire time.
If you don't mind me asking, what was the final decision maker that made you go,
all right, you know what?
I actually want to be in this thing.
I'm running for this thing.
Was that a question?
Yeah, that was a question to you.
What made you decide this is it?
That's a great question.
It's a great question.
So when I read the ApeCoin original post about the council, I'm not going to lie.
I was like, oh, man, again, we're going to see some randoms just start running and they don't even know why they're running.
And there's there's no clear specific.
They just think a council is a council.
And when the tweet was made about BD, I literally was like on a flight and I'm like, I got chills.
I was like, wow, this is exactly like I had just finished the, well, started the form
process.
And a lot of what I'm talking about has a lot to do with direct B2B, aligning high
level connections, aligning high level partnerships.
And I think that's super, super important.
It's awesome to be home and, you know, do cool shit from the internet, but you have
to be outside.
You have to be outside. You have to be connected.
You have to be willing to make these moves to get higher connections.
And so that's really what it is.
I originally never thought I would care to run, if I'm being honest.
The last few years, I was kind of turned off by some stuff.
But I see the new leadership coming in.
I was able to hang out with NGB
and the Apes a couple of weeks ago in Miami with Rita. And I was very impressed. I was
very impressed with how the club is taking this and how you guys went ahead and started making
sectors and leaders of these different organizations within our eco. And I think that's
very important. And so I'm like, you know what? They're taking it more serious. I appreciate that.
I'm excited and I'm ready to run. I think it's very fitting as well so I'm like, you know what? They're taking it more serious. I appreciate that. I'm excited and I'm ready to run.
I think it's very fitting as well.
I feel like it just makes sense.
100%.
I absolutely love to hear that.
And I mean, again, I love the energy.
I love how excited everyone is.
I mean, okay, I know people kind of get sick
of these election seasons every single six months.
I kind of like them because, again,
it gets people excited.
It gets people talking.
It gets people hopeful.
I'm trying to build the future.
I mean, again, everyone has their own vision.
Again, there can only be so many winners, but everyone comes out.
Everyone starts connecting.
We start meeting random people that you've never met before.
And I think it's a great opportunity.
So, again, everyone out there who's thinking about running, wants to throw their hat in
the ring, you should.
You definitely should because, I mean, again, this is where you meet people. I mean, you get invited to every space, you get to talk,
people get to know about you and you're like, oh my gosh, everybody's so nice and blah, blah, blah.
But anyways, I'm going to kick it over to Guchita real quick. Guchita, how are you feeling about all
this? What are you thinking? And do you have any questions for all these candidates?
Yeah, man. No, I, uh, I appreciate what you just said. I do like when these come around because it's like we have an opportunity to kind of re-center with the club, re-center with the powers that be.
You know, like having the A-chain team on here today and like getting feedback.
And so like it's it's all just it's all a good process to to keep adding structure so that the club can keep building upon itself.
So I love all that. And I like I like the question you asked Profits, like what made you decide to run?
You know, like a lot of us in the community, if we're being honest, we probably thought about it. And like, and I like
Prophet's answer, you know, she, she wasn't interested until BD came around. And that's
kind of like what sparked me. I'm like, oh shit. Okay. That's where I would be able to contribute,
you know? So like, like in business development. And so hearing, hearing why people decided to run,
I think could be helpful in, in, and, you know, getting us to
learn a little bit more about these candidates. So maybe we go around the room and do that.
100%. I'm, I'm good with that. I mean, yeah, if anyone wants to jump in there and take that
question first, and just kind of tell us about like, why you wanted to run, what got you inspired
to get here and all that good stuff. I mean, the floor is anybody's really, I mean, if you don't
want to pick, I'll pick too.
And I want to go to Grateful real quick before we go over there, though.
Grateful's been here.
He was supposed to be here at the very, very beginning, back when Rita was on stage, before he rugged.
But anyways, Grateful, how are you doing today?
What's going on?
And are you running for anything?
I'm doing so good, guys.
Good guys, super hyped to be here today.
Super hyped to be here today.
I have to break news for you, too.
I have to break news for you too.
It's absolutely crazy because the news is
that ApeCoin is gonna fly right fucking now.
Yeah, but guys, you know,
I wanna be serious here on stage.
I also have a question, man.
I actually tweeted and a lot of people ask
and mentioned that they would
love to see ape coin and ape chain run as a being run as a business right you probably talk about
it i was also rugging so i probably missed like 30 of the space but one of the one of the mentions
that i got in the comments and that i saw on timeline was why we have to vote for this position and why don't we basically just hire those people
like in a traditional company so that was a question I was really curious about I don't
know we probably don't have anyone from Apecoin here on stage right now so I don't know if the
question is still valid here for for people here but I don't know what do you think about it
I think I think that is just like
a legacy of, of the Dow, right? It was kind of the only way to do it. Um, and that part of the,
you know, the Dow still exists. So, I mean, I imagine that's the answer, right?
Yeah, I would just echo on that. And also, you know, something that Cam touched on,
uh, during his talks was, uh, you know, he may hire some people, right?
Like the people that are going to be running and, you know, going through interviews, it's going to be wider.
It's going to be a larger number than the people that are accepted.
So there is the opportunity that, you know, if those talks go well, you know, another opportunity arises where they do get hired for a role.
do get hired for a role.
Yeah, I think the most important thing for me, and I don't think it has to be priced
to go up necessarily, but we need to have use cases and we need to win because we are
in the competition and, you know, we are in the WalkMe vibes in Web3 sometimes, but I
think it's like, you know, we are in the competition and competitive space. And I would love to see ApeChain win.
And I would love to see so many people using ApeChain, having fun there.
And I think we are getting there.
It's getting better.
So good luck to everyone, to all the candidates.
And let's go.
I really hope we're going to push it in 2025.
And we'll have a blast also with the other side launching and stuff like that.
100%. blast also with the uh with the other side launching and and stuff like that 100 i always i'm just kind of curious like what type of things does everyone want built on ape chain like if you actually knew how to do it like if you had like unlimited ability like what would
you actually like build on ape chain like what's everyone's like go-to thing if they could build
it and they could just like be there like what would they actually want to build and actually
bring it onto the chain because i always am like okay yeah i like the ideas but like you know
there's so many ideas where sometimes i i don't know about you guys i look at some ideas sometimes
i go whoa that's a lot of button clicking or wow that's a pretty wonky i'm not 100 sure how that
works so like you know what would anyone actually does anyone here have anything that they would
like love to build out or you know kind of put out there? I don't know. Anyone? Well, I mean, I'll go ahead and go
just because I am building something
and I think it speaks to your button clicking thing
that you just talked about
as one of our biggest problems
when trying to like onboard people in Web3
is like it's so siloed, right?
Like they come on to ApeChain
and then if they want to participate in a particular ecosystem, then they might need something, right? Like they come on to ApeChain and then if they want to participate in a particular
ecosystem, then they might need something, right? They might need to swap to Nugget for,
you know, participate in mining with Not A Punk's Colt and stuff like that, right?
And your average consumer, like what do they spend time on their phone doing,
like from an app perspective? Well, they play Candy Crush and games on their phone.
from an app perspective.
Well, they play Candy Crush and games on their phone.
They shop and do, like, scrolling.
They do social apps and things like that.
And none of those things take all these extra steps of, like,
what to get to my money, to get to the action, to get to financing.
So I think we need a Web3 launchpad that is, like,
an onboarding thing to the ecosystem, to ApeChain.
So similar to Abstract, they have their global wallet.
You get XP points for engaging across the ecosystem.
Like we need something like that on ApeChain because it creates a cohesive experience across all of our app developers.
Rather than, you know, something that's fragmented and they come do one thing,
they get their TGE or they get what they want out of the activation and then they bounce.
They're never actually a Web3 user.
So, like, we need things that onboard and retention, but in a, you know, way in frameworks
that people understand.
So, you know, gaming and things like that, I think are powerful methods there.
Good points. Appreciate that, Ryan. BlueEyeQueen, your hand is up. Go for it. What are you thinking?
Yes, I'd love to. And I think everyone's ideas, you know, echoing on that accelerator hub. So yes,
we have partners. So what do we do? How do we onboard people to get to the journey on how they
can be able to participate? I'm an access user. So we
call it uniquely able persons with disabilities and I have dyslexia. So that means that I see
things upside down, backside, right. So having an accessible toolkit so that people can be educated
and onboarded at their own experience, at their own level so that they're not feeling overwhelmed.
They can go at their own pace. You know, again, I preach that I worked at Yugo Labs for two and a half years,
but mind you, I answered 5,000 support tickets.
The brand voice and the tone is one of the most important things
that you can carry for a personality.
That's from merch, that's from refunds,
that's from folks that had their assets stolen.
I'm able to work under pressure,
and I'm able to create something that people can be able to tap in
and be able to say, I was here because it was accessible. I have deaf hearing folks that tune
into my streams and I make subtitles for them. And one of the comments that keeps me up at night
is that I was the first platform that somebody created that made them feel welcomed. Because if
you want to amass, adopt a community, already take preexisting communities and partnerships
in those communities and show them how they can be in here and how much fun that this
whole space can be.
And that is the trick, the access hub with accessibility for everyone to be involved.
That's what I would love to build and see what comes out of our community so that we
can fit the most people in a space as possible without limitations.
Amen.
I want to hop in real quick.
I mean, first,
we love Blue and we love everything that she does. And I mean, that's just incredible to listen to from a business perspective. That's also a massive opportunity to plant our flag in that segment,
right? I mean, that's a huge onboarding vessel right there for people with those needs. So just from a pure business standpoint,
nobody else in crypto is doing that.
I fucking love it.
I absolutely love it.
Yeah, no, I think that's fantastic.
I'll say my two cents here on this.
Again, my approach for the job is really more of a grit role
where I can really grind out a lot of these longer, you know,
these deals that take a while to get the chain on these exchanges. But from a passion perspective
and a void in the market, if we're the home of NFTs, we need to be doing a better job
at onboarding actual artists as well, too. Again, this is a much smaller sort of softer
kind of passion thing that passion, maybe initiative that I would work in the background or maybe talk to the Banana Bill guys about.
But I think we need to sort of establish a brand, a separate brand that lives on top of Ape Chain, because let's be honest, right?
We all love our apes. We all love Ape Coin. We all love Ape Chain. Not everybody does.
coin we all love ape chain not everybody does and when you start getting towards the more organic
crowds the more organic artists by nature they're more um introverted they're smaller circles they're
not necessarily as commercialized as say like an ape coin brand might be we have to be able to
connect with them if we're the actual home of nfts as well right and i think that creating a platform
again this is a small thing
a lot softer than what i'm actually writing on this is not part of my campaign pitch or anything
like that but it's a need that i think we need to address if we're the home of nfts and just
making sure that we're appealing to one of one artists um and just sort of getting and i think
that the flywheel effect from that is that we get a lot, we're going to get more sort of lean way from a lot of OG crypto people.
They're, you know, crypto art, NFTs, all that kind of stuff.
I mean, it goes back a long time.
And there is a purest element to that.
Last thing I got real quick, I kind of touched on it earlier, and this is something that I'm running on, is really finding a way to make projects and trading
NFTs on ApeChain more sustainable. Easy to say, tougher to do, but I've got some ideas. I think
that it is tough when we're pricing everything in Ape. So I think that we look in different,
I don't know what the solution is.
I don't want to say too much there
because it might not even be something that I feel
or that I'm advocating for,
but it's something that I think we need to explore.
And it's very, very important
because we need to be attracting these project founders
and we need to be retaining our traders
that are actively trading on Ape Chain.
But yeah, some passion stuff there.
100%.
Yeah, I always just am kind of curious.
What did people actually...
Because we all want more things.
We all want more things to do.
But then I always feel like, okay, what do people want?
And then I feel like sometimes people get really excited for a week about the new thing.
And that's very difficult, I think, sometimes for creators and builders out there. Because so many people get like, okay, I'm going to build out the new thing and that's very difficult i think sometimes for like creators and builders out there because so many people get
like okay i'm gonna build out this game or i'm gonna build out this thing that people are like
oh i'll play for three weeks and they're like all right now what do you got and it's like that that
was a long time guys that took a that took a long time so like are there any like quick things like
i don't know i've been thinking a lot about like you guys ever do you guys ever buy like like uh
so like in the card collecting community they make like repacks or like hot packs and then like you can like buy it and then like the pack has like an
expected value but there's like a chaser in it like i don't know what if we were doing like
repacked nfts so like someone bought a bunch of the nfts and like you can buy it for like i don't
know a hundred ape coin and there's like chasers in there that you might in theory hit a big one but you probably
won't and then like they could like open the packs on that ov on um ov soar like i don't know i'm just
thinking out loud here i was thinking about that a lot the other day i was like okay what what do
people actually want to do all day because i feel like a lot of the time like i feel like people
just want to kind of gamble and like play around all day it's like an NFT mystery box yeah like NFT
mystery boxes but then also I find myself watching a lot of videos of people ripping packs from like
Walmart and then they're like I bought this pack so you don't have to and I go okay that's why it's
bad but then I go out and I find myself buying stuff at Walmart like the other day I was buying
a WNBA prism packs looking for caitlin uh caitlin
clark cards and i was like nope nope and i hit one i was like oh this is great and then i was
like oh man i wish i would have recorded myself doing that that would have probably been a pretty
good video to put up there i don't know just something out there i feel like there's got to
be some like sticky things like that where it's not necessarily on the blockchain but like it
kind of is on the blockchain and it's kind of like ape-centric. I don't know.
Anyone else want to chime in here? Have you heard of the LaBubu, LaBaba?
Have you heard of those?
Are those little keychain things that people put on their purse?
Yeah, that's what's coming to mind, but have them to be the little apes.
It was like the guy made $1.6 billion overnight, and then that Popmart app exploded.
It sounds just like
what you're talking about that's completely nba prison cards uh yeah wnba prism basketball cards
i'm just kidding they're over at one oh okay you know some of those girls are kind of roughed up
so you know wnba prison i'm just kidding hey but no if I can, let me step on your Gucci loafers just for a second to say that I'm kind of in the spirit of how Betty with Deadfellas did with her cold link invention or the cold link thing that they're doing, the project, that endeavor.
It's a low barrier of entry, low resistance.
I mean, you go in and you set like right now where you may enter an email into something that serves as your code link.
And it just it spreads you across several different wallets and I mean, all types of access for everything.
So something like that would definitely be instrument or important in helping to onboard, you know onboard just the general public at large.
And that's one thing that would be something that we should look at, the barrier of entry.
And that's been said a couple of times previous.
So I'll end the plane there, but definitely that's something that's important going forward.
Guys, did everybody see yesterday Magic magic eden they were really pushing their lucky
nft i don't know if you all saw that yesterday but you could like i it looked like you could like
put a certain amount of money in and then there was like odds that correlate to the value of the
nft on whether or not you'll win and i was looking for it i was like why can't i find it then i was
like looked a little closer i'm like oh, oh, it's not for US people.
So then my next question is like, could someone build something on like on Ape Chain like that,
that basically is the exact same thing, but it's like, okay, here's like a G's on Ape.
You could in theory get it for like $10, but here are your odds.
Like, I don't know.
And then make it so Americans can use it.
Or like, is anyone building that?
Anyone working on that?
Yeah, real quick. it so americans can use it or like is anyone building that anyone working on that yeah real
quick so me and aloe um we were working on something very similar okay so this was a few
months back and it was when it was before apn nft sort of spiked it was right after eight chain
launched and you know everything everything was high for a bit and then everything was bottomed
right out
and so the goal was Ryder knows about this because he's helped out with some of the artwork for for
how we're transitioning but the goal was to create to get a pool of 8-chain NFTs and use this
as an onboarding method actually the platform is called onboard and and basically what we were
going to do was have the contract written so that
there's like claimable code and it was really going to be targeting spaces
hosts. Right. So, um, you know, loss and all these guys,
we would be grateful, all these amazing spaces hosts,
we would go to and say, Hey, listen, like we've got this pool.
There's like five, I don't have T's in here. There's like three or four G's.
There's a bunch of paws and claws. There's a bunch of this, there's a bunch of that. Um, there's like three or four g's there's a bunch of paws and claws there's a bunch of this there's a bunch of that um and and you can use that's free and you
can use these with your audience to onboard them onto ape chain then what ended up happening was
18 nfts spiked so it wasn't sustainable for us to maintain a pool um where we've pivoted um we both
sort of gotten sidetracked but but it's half done right now.
You'll see it soon.
It's basically just a platform with one NFT, shout out Ryder, where it's an Ape Chain NFT.
And you can just go, we cover the gas, obviously is very low.
And it's just a link.
And you can go and you can claim that NFT.
So obviously, by default, with your Ethereum wallet, it's setting up your Ape Chain NFT.
And you get this NFT.
But that initial goal was very similar, Kyle, to what you're talking about.
And I actually sort of suggested, do we want to do it?
So it's almost like a slot machine.
No, let's keep it.
It's free.
It's for onboarding.
But yeah.
Yeah, that's fascinating.
I always just think, oh, go for it, Vondim.
Let's go to you real quick.
Yeah, I just want to say thanks for the time. got to jump we're doing a play test I want to review the new build I'm I'm uh pretty excited so um thanks everybody I appreciate it vote doom
win alpha thanks buddy soon very soon
Von Doom I appreciate you coming here today man this was an absolute blast I can't wait to play
bathroom blitz later this month or early next month yes I can't wait to get you guys all in
it it's gonna be insane uh this is the longest I've ever been in a space in my life
we're at three hours this has been good thanks
everybody i appreciate y'all this might be one of the most important spaces i've been in bro
no disagreement i'm just i'm just joking man good to see you good to see you dude good to
see all of you have a great day peace take care And yeah, I did want to introduce my ApeCoin badge,
brother Mo, for coming up here on the space.
How are you doing, man?
How are you doing, bro?
I'm doing well.
So I was doing bedtime and it overran.
I did want to join the space very early on,
but I couldn't, unfortunately,
but it's great to hear that there's been a lot of discussions.
I just, honestly, I just wanted to come up
to try and answer any questions that people have regarding the DAO,
regarding what's going on.
I don't have answers for a lot of the questions, but I'm still a special council member,
even if it's in the reduced role, given the governance revamp.
But again, I'm a big fan of transparency.
Those people that know me, and there's a number of you guys on stage and in the audience as well,
know that I will try and be as open and transparent um as i can or as i'm
legally allowed to if you like um and i just want to answer some questions if there's any questions
that haven't already or maybe have been asked and may not have been answered um because i feel the
dao is going through an evolution obviously there's been some there's been a lot of noise i don't
want to say fudd maybe fudd isn't the right word but there's been a lot of noise, I don't want to say FUD maybe FUD isn't the right word but there's been a lot
of questions being asked and I think a lot of the
questions are good kind
of questions we need to be asking
but also at the same time
we cannot keep focusing on
maybe some of the, keep focusing
on the past and we need to look into the future
and how we can all come together as a community
to really support CAM
but making
sure it's done in the right way so again caveats in there as well but i'll i'll pause actually big
bull's hands here um no real quick brother i just gotta put out there real quick guys rita just dm
me but he's gonna have to close the space down here pretty soon so we're gonna have a few more
minutes we'll ask mo some questions and then yeah about the call today. But Rita just wanted me to tell you all. So let's keep it moving. There you go.
Hi, Mo. Just a quick question was, now with the suggested title change, is that going to be the same for everyone,
including the people, yourself and Webam, the current council members?
yourself and WebAM, the current council members?
So, very good question.
So, to my knowledge, that's going to be a rebrand to everyone
or for every current member of special council.
Is that the right move, given what's in the AIP?
It's a very different question.
But to my knowledge, yes, that affects all SC members.
Okay. but to my knowledge yes that affects all SC members okay and okay so that's so
and then so the comp so it's all the same and then what about for you know for
example like I think Spencer's still here but they talked about people in BD
roles who are hired direct from the foundation versus going through the Dow kind of voting
process.
Yeah.
How do you, how's the difference between those kind of, if you go through a different
way, you know, I'm not trying to load the question.
No, no, no, no.
It's a very good question.
I mean, fundamentally, it's when we, like, when we went through the process of the government revamp, and again, we went through discourse, and we were having discussions, but the whole purpose of the revised special counsel was that, given we're in a very dynamic space, over time, we need different people, different skill sets to come in and serve the DAO, serve the community in a different way.
to come in and serve the DAO,
serve the community in a different way.
And that was the purpose of this revised special council,
that if we need someone who, I don't know,
is amazing at marketing and we're in need of good marketing,
then someone can be voted in based on that
and we can hold them to account based on their mandate,
if you like.
If we needed someone to come in and upgrade
to economics and governance,
then we can hold them accountable to that.
If we needed someone to come in
so we can hold them accountable to that if we needed someone to come in so we can get more exposure or try to link the bridge between our Chinese apes and the apes in the east versus the apes in the west.
Then someone can come in and have a specific role where they can be held accountable to it that would still go through a vote.
So it's for the community, by the community.
That's the purpose.
So that was at least when we went
through the special council or we went through the governance revamp, that was the purpose
of this revised special council. Someone being hired by the foundation is very different
because at that point it is a job that where, again, both are salaried, but in this case
when you're hired by the foundation itself, it's a very different process. Again, both are salaried. But in this case, when you're hired by the foundation itself, it's a very different process.
Again, I'm not going through an election.
It's more the case where I'm going through a hiring process.
I'm hired.
I'm given a contract.
There's different KPIs I need to hit, et cetera, et cetera, for me to showcase I'm adding value to the DAO, to the ecosystem.
If that's in a BD role, if that's in a dev role role, if that's in an engineering role,
regardless of the kind of role it is, it's run more like a conventional business.
And that was the whole point, or one of the main parts of the governance revamp,
is we've been very decentralized. We've seen a lot of the downside of being too decentralized without reputation,
without being able to hold successful AIP authors to account in terms of the funds that are being spent.
And the idea of this sort of, I call it like a pseudo two-house or bicameral structure,
is you still have the decentralized arm, but then you have on the opposite side, the centralized
arm, which is run by a CEO or executive director, in this case, CAMP.
So we still have all of the power of decentralization,
but we still have the accountability that comes with centralization.
So it's a long-winded answer to a short question.
Yeah, simple.
Who do you report to as a special counsel?
Historically, it was kind of back to the community, right?
So I'm just wondering if that's a change.
And that's my last one.
Otherwise, I'm going to be like Aaron and take all the questions.
Fair.
I mean, who do you report to?
In this case, it's twofold.
You're reporting to the community they voted that person in
or those people in,
but also you're there to give assistance to the executive director
based on the initiatives, based
on the thought processes, based on
the direction of business they're going in, etc.
So then it becomes twofold
because we have that centralized figure
of authority that we hadn't have had before.
And that figure has a clear mandate
in terms of the executive director.
You're welcome.
Anybody else?
Always.
Go for it, I'll sit here.
No, no, I was just complimenting the OG Mo.
Well-spoken as always.
Clutch, go for it.
Thank you, bro.
Hey, GM, GM, everybody.
I just wanted to say I thought that was a really great discussion.
Even though it was a long space, I'm glad that the community gets out all together and asks the big important questions
in a public setting it's really awesome also in regards to your idea for uh the the chance of
getting an nft within a mixed pack that already exists called case.fun uh and it's deploying
what's called i think it's an erc6155 nft that's an nft that can act
as a wallet as well so you can actually put things in that nft's wallet so you can put nfts
in the nft's wallet and then essentially that would act as a scratch off like a scratch off
lottery ticket you would get a random case and then within that case you'd be like surprised
what you have inside of it uh it already exists my
buddy actually created that uh protocol on base and maybe i can get him to onboard babe channel
try to connect somebody from the sapiens so sapiens was stapleverse was the team that developed 6551
with future primitive um which then you know othersonks and stuff have used. So, you know, I think it brings up a good point that we need, like, so far we use like 721s.
Like 1155s, 404s, 655s, open up a lot of use cases for these types of unique activations
that could, you know, be different or cool experiences.
So, yeah, I mean, that's
definitely one way to do it. But we got to get quit to support shadows for 6551. So we're
working on it. But it's good stuff. Just definitely agree with that approach.
Definitely, definitely. And one other thing I wanted to highlight is that actually, while
the space was going on, we finished deploying Clutch Marketplace, which is the first peer-to-peer OTC desk on Apechain.
And like a lot of people were saying Clutch is a predictions market, we're deploying a whole ecosystem on Apechain.
We really want to lead DeFi development and utility NFTs on Apechain.
And we'd like to cross collaborate with the other nft communities
as well so what this platform is going to do is going to allow you to trade nfts for other nfts
gobs for gobs g's for gobs clutch puppies for other clutch puppies and also sell your bets
early to other users since each bet is an nft and yeah that's something i did a video as well i'm
just showing i'm gonna put it on the jumbo john i'll breathe it doesn't kill me and a quick question about about the clutch and about staking doug um go ahead i staked a bunch
last night yeah i staked a bunch last night with you guys i'm super jacked love the project
now is it is it like ape staking where what i staked so the ape coin that i staked is that paired to the nfts in that wallet
so let's say if i if i transfer that nft to another wallet or i sell the nft does does that
staked ape with clutch go with the nft or does it stay good question so the end so the staked
amount is connected to your wallet address so it's not connected to the nft you don't have to
worry about that but you have to have a certain amount of clutch puppies to stake a certain amount of
ape and you'll have to have that same amount to withdraw that ape coin so yeah and the staking
is locked for 30 days that's just an initial period because the apy is variable it depends
on the trading volume and the betting volume we're getting on the platform uh in regards to
the parlay and the betting platform i really want to shout out all the xspace hosts and all you guys
for for trying it out i think it's something that we can use as a major major onboarding pool like
not just because i built it but i really believe it's proprietary tech in a way that if we get it
out to the general public that can be a direct access line to onboarding a lot of Web2 users.
And it's something that you're only going to be able to do on ApeChain.
We're on Arbitrum, but ApeChain is our main focus.
And we want to be the bridge to the Web2 users.
So thanks, guys, for giving me a moment to talk.
Dude, thank you so much for coming up.
And guys, absolutely, everyone should go check out clutch
markets they are building all sorts of stuff i like their um ape 69 it's kind of like a thing
where you decide whether or not you think the price of bitcoin or ether salon will be up or
down 69 seconds from now super fun super interesting definitely go give it a check
and guys rita's absolutely gonna kill me i got a dm from him about 10 or 15 minutes ago saying
we need to close this down.
And I said, okay, just a minute.
And, you know, he can't talk, so he has no ability to get in here and jump in.
So I guess we're going to have to close it down here.
This has been absolutely amazing.
Rita, thank you so much for putting this together.
Profits, AllCity, Big Bull, Ryan, BlueEyeQueen, ProofOfAlpha, Aaron, and Ernest, everyone who's running for special counsel, thank you so much for coming by today and chit-chatting with us
Cam, thank you for coming
Juan Kim, Wabam
jeez, I'm blanking, we had a lot of guests
shout out to Rita again for putting us all together
in literally a few days, NGB, thank you
so much for being here, Guchita, thank you
and guys, we'll have to do this again
Rita, thank you so much again, we'll do this again
everybody, have a great Thursday, have a great weekend, we will have to do this again Rita, thank you so much again We'll do this again, everybody Have a great Thursday, have a great weekend
We will see you all sometime next week
Or next month, whenever we do this
Have a good one, bye
Ciao, ciao, see you
