Profile of Mantis in ApeCoin
Posts by Mantis
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Otherside KODA - $APECOIN Airdrop
by Mantis - No Role
Posted on: May 21, 2023, 7:21 p.m.
Content: imho, separation from Yuga occurs in the generation after this one. In this generation, Yuga asset holders must all be given tools to become builders for projects. Once this happens, individual apes can begin building stuff that is less associated with anthropormorphic apes and more accessible to the general public. This airdrop is a necessity, as Otherside holders are honestly getting rekt right now by the FP.
Likes: 1
Replies: 3
Replies:
- SeraStargirl: Hey, you mention “Otherside holders” but this airdrop is specifically for ‘$APE tokens to holders of Otherside Kodas’. As there are only 10k kodas in the collection how does this really help? Would love some clarification bc I am trying to understand.
You mention “more accessible to the general public” which I don’t believe this even covers as it is a small pool of holders. I don’t even feel like most dao members own a koda so to use the treasury for this feels… wrong?
- Mantis: SeraStargirl:
this airdrop is specifically for ‘$APE tokens to holders of Otherside Kodas’.
Right, I mistyped, but I stick to the same point.
SeraStargirl:
You mention “more accessible to the general public” which I don’t believe this even covers as it is a small pool of holders.
What I say is
Mantis:
Once this happens, individual apes can begin building stuff that is less associated with anthropormorphic apes and more accessible to the general public.
Once what happens?
Mantis:
imho, separation from Yuga occurs in the generation after this one. In this generation, Yuga asset holders must all be given tools to become builders for projects.
Like it or not, $APE value is tied to the Yuga ecosystem at this point. At a later time, the two could separate. But right now, if core Yuga holders move away from Yuga because their first party assets and storyline are not catered to, $APE will fall. As much as I hate to think this way, $APE token price is essential for new entrants, and that token price is most contingent on keeping core Yuga holders satisfied.
I don’t think there needs to be an argument about either returning value to Yuga holders or dissociating $APE from Yuga. I think it happens in stages. First, Yuga holders must be made to HOLD. This will stabilize $APE. In the next stage, Apedao can move away from Yuga knowing that it won’t get dumped on by asset holders who want to see first party content.
If you move away now, with VCs and celebs dumping, and without empowering more core Yuga holders to become builders, it puts too much sell pressure on $APE. People will be forced to move to other ecosystems, because not doing so would mean too much of a capital loss.
I don’t hold a Koda.
- ApeForLife: Pros and cons to everything - Now we can expect otherside plot holders to demand an airdrop. Argument on the otherside, pun intended, is that they must buy Apecoin to participate in the Apecoin ecosystem and so also increase the value of Ape, that was the intended purpose. Some mentioned hereunder, let them apply to Yuga for an airdrop from Yugas vast supply, it is a Yuga product. It can be argued that Yuga creating products that encourage holders to buy Ape to participate in the platform is all part of the plan. I doubt whether otherside holders or Koda holders are worse off than Apecoin holders that bought at the top and are nearly 90% down, now airdrop them and they might sell because they got for free and price might go down even more to the detriment of Apecoin holders. Why not rather airdrop to Apecoin holders who are 90% down on their investment, one might ask? Is this a spending that will provide a return on investment of Apecoin, that should be the guiding principle for any proposal. It surely will mean they will not need to buy Apecoin in the least and that cannot benefit Apecoin holders. However this is a democratic process and little of what we think matters, but we can all share our views.
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AIP-248: ApeCoin Esports (ACE) - The ESports League DAO Powered by ApeCoin
by Mantis - No Role
Posted on: May 12, 2023, 10:15 p.m.
Content: Would love to host a Spaces or AMA about this… DM’d you concerning the same! Lotta people should know about this initiative. LMK
Likes: 4
Replies: 0
No replies yet.
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Things we can do as a forum community without a mandate or entitlements
by Mantis - No Role
Posted on: April 21, 2023, 9:35 p.m.
Content: Always adding value. well said.
Likes: 1
Replies: 0
No replies yet.
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Team ApeCoin // Esports Team Accelerating The Growth Of Web3 Gaming
by Mantis - No Role
Posted on: April 2, 2023, 11:01 p.m.
Content:
BojangleGuy:
As someone who is highly engaged in the gaming/esports world ( 100 T all day) this AIP is super interesting for me.
I’m also esports all day. Overall interesting idea. I look forward to discussion on it.
Likes: 3
Replies: 0
No replies yet.
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AIP-219: ApeDAO Partners with Kickback!
by Mantis - No Role
Posted on: March 23, 2023, 8:55 p.m.
Content:
Hangout:
The times I have spent money money on marketing I accepted 50 % would be wasted, but I didn’t know which 50 %. Are there any KPIs you can use to assess how effectively this investment of funds is utilized?
This is a super great question that speaks to a huge issue we should all be concerned about — efficiency.
Two KPIs.
Total wallets. Self-explanatory. Here’s the gamechanger:
Cost per acquisition (CPA). We keep close tabs on CPA in Cxmmunity because it allows us to identify the most efficient onboarding activities.
An example: If you’ve got Activity A that brings 100 total new wallets with a CPA of $ 25 . 00 and Activity B that brings 10 new wallets with a CPA of $ 1 . 25 , then you know you can get waaaaay more total wallets if you scale up Activity B.
Keeping up with total wallets without CPA can fool you into thinking that Activity A is the better play, but when you start keeping up with CPA, you get exponentially better results. This has been a gamechanger for us ( 3 X’d our social media in the past 2 months), and we would apply the same strategy to our $APE funding to squeeze the most out of every piece of it.
Combine this with the defi strategy we discussed above (keeping the $APE as $APE and accessing more funding through BendDAO staking), and I think we have an ultra efficient marketing spend structure that keeps enough dry powder on the side at all times to scale up quickly if we find an event or procedure that finds superior product market fit.
At times, we’ve even had a negative burn rate. Let’s make that happen for the DAO as well.
Likes: 3
Replies: 0
No replies yet.
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AIP-219: ApeDAO Partners with Kickback!
by Mantis - No Role
Posted on: March 22, 2023, 7:36 a.m.
Content: Sure man, thanks for the interest.
Hangout:
Could you explain to me like I am a small child what the long term benefits are to the next generation of gamers being exposed to ApeCoin DAO and how those benefits come back to ApeCoin DAO.
I think the benefit that is unique to partnering ApeDAO with Cxmmunity is Cxmmunity’s partnership with 50 + colleges. These are not just gamers — these are the smartest, most motivated gamers on the planet. If ApeDAO becomes a presence while they are students, then they will join ApeDAO not just as gamers, but as game devs, gaming project founders, gaming economists and gaming marketers.
Another huge advantage that is unique to us: Many of our events are in educational settings like this one. When we do events like this, we don’t have to find the quick, easy way to explain web 3 to students. They are coming to learn! So we can take our time, explain the ins and outs of every step — downloading their Metamask, getting them their keys and putting $APE in their wallets, step by step!
Of course we also have our hype events, but those educational events where we can slow down and really teach what ApeDAO and $APE are… these are the events that will onboard your true next gen web 3 builders.
Hangout:
Is the message that as a grant giving DAO, ApeCoin DAO are the place for gamers to come to, to build the future of gaming?
I can go with that, yes!
Hangout:
As I understand it this proposal will raise the awareness of ApeCoin DAO to a targeted audience of gamers, accredited institutions and municipal governments (USA and the French government at Cannes? Any details on these educational and government leaders are likely to be?)
Yes, you can scroll through Cxmmunity social media and see a sampling of the events we’ve put on and what schools they’ve been at. A few examples:
North Carolina Central University Madden & 2 K tournament
Morgan State U. building a pro esports computer lab
Johnson C. Smith U. rewarding a top COD player and community activist with a Discover Scholarship
Sampling of orgs:
Been recognized by the US Dept of Education
Partnership with the Central Intercollegiate Athletic Association (CIAA)
There are many more. We have done IRL/virtual events like this with 40 + colleges with more on the schedule this year. We focus on colleges that don’t otherwise get attention. These are the students who need the most attention and are the most hungry to participate. Aggregated, they represent the largest contingent of student gamers in the world.
Hangout:
Profits will be held in $Ape to be spent on future IRL and virtual events. I assume that there would be a similar level of exposure at these future events? Does the relationship hold if and wen those profits run out? How long a relationship does the DAO get for its initial funding assuming the situation that 100 k isn’t enough to provide perpetual funding.
This is where personal knowledge of web 3 defi comes in. How can $ 100 K in $APE not provide perpetual funding if the value is kept in $APE and invested in one of the many staking program variations (likely BendDAO)? The only way funding runs out is if Yuga fails, and as we all know, Never Fade Yuga!
If staking ends after 2 years, the $APE goes into a Uniswap LP to continue the perpetual funding.
This is a major advantage of this partnership — we are web 3 since 2017 and authentic members of this ecosystem. We know how to get the most out of this funding! The trick is to spend money gradually in tandem with yield, not in big clumps like most esports companies do on single events. Also, ee have foundational partners that are taking care of the big expenses already. All events are funded fully; this AIP is just to see if Apes will be our first web 3 sponsor. So to answer your question, the ApeDAO/Cxmmunity partnership is guaranteed in perpetuity — you have my personal word on that!
Hangout:
ApeDAO members have awesome times at these events - how is this controlled, is 1 ape enough for a ticket to vip treatment?
Yes, 1 $APE, but we’d have to do FCFS at events, of course — can’t fight the fire marshal
Hangout:
How does Cxmmunity work with ApeCoin DAO to update that brand as it changes over time? I guess with the comms working group?
Comms and @ssp 1111 IRL Events Group would be the main interfaces. I think it’s worth clarifying why AIP- 219 is relevant even though IRL Events Group is happening. I believe AIP- 219 acts as a force multiplier for the official ApeDAO IRL Events because AIP- 219 focuses on a different audience — the completely 100 % normies who would otherwise not touch web 3 for another 2 - 3 years.
Did this answer? If not, happy to elaborate!
Likes: 3
Replies: 2
Replies:
- Hangout: Thanks for the detailed answers. Looks compelling to me!
The times I have spent money money on marketing I accepted 50% would be wasted, but I didn’t know which 50%. Are there any KPIs you can use to assess how effectively this investment of funds is utilized?
Increase in wallets holding Apecoin, increase from gamers applying for grants or whatever makes most sense?
- ssp1111: Just jumping in here to show support for IRL Events across the board and to share my own opinion about onboarding non-crypto users and other NFT projects via IRL Events – I say the more the merrier. Also, I’m here cause I was summoned .
ApeCoinDAO is a global token and in my mind that means reaching as many communities as possible worldwide. This also means empowering local ambassadors and regional event professionals to host local/regional IRL events educating attendees about ApeCoin and onboarding builders, creators, founders, designers, etc into the DAO.
Esports and gaming have been identified as multi-billion dollar industries with global user-bases - Mantis’ IRL efforts to reach these demographics and audiences could be the spearhead leading ApeCoinDAO into this major ecosystem. The fact that he’s reaching generally underserved communities is nothing but a big win for the Web3 space as whole.
Thrilled to collaborate, work together, share resources, develop best practices, learn from each other for the betterment of the DAO.
Onward
SSP✊?
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AIP-226: ApeCoinIRL - Decentralized Events Network
by Mantis - No Role
Posted on: Feb. 27, 2023, 5:36 a.m.
Content: Also very stoked to see this come to fruition; a lot of hard work from @ssp 1111 here. Full support!
Likes: 7
Replies: 0
No replies yet.
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List of Ape Businesses , side projects and use of IP
by Mantis - No Role
Posted on: Feb. 20, 2023, 7:38 p.m.
Content: You big ol showoff :joy:
Likes: 3
Replies: 0
No replies yet.
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List of Ape Businesses , side projects and use of IP
by Mantis - No Role
Posted on: Feb. 19, 2023, 9:14 p.m.
Content: There’s already a couple of projecst that do this, apeclub.ai being the one I remember now. There are two others that are pretty much exactly what you are looking for and I’ve actually used them, but can’t remember them now. Anybody got eyes here?
Also @Forj keeps a list. He’d be good to ask.
Likes: 10
Replies: 2
Replies:
- SandmanNY: appreciate it. I just heard about Forj on twitter today. amazing how its been almost 2 years and still finding new fam. appreciate it. if you think of it. please share the others.
- Forj: Hi Mantis and @SandmanNY
Thanks Mantis for the acknowledgment!
Here is the Yuga Lab Ecosystem Map that Forj updated monthly since August 2022. https://twitter.com/harry_forj/status/1622517316305969152
We are very excited to see the number of projects joining the Ape ecosystem grow from 70+ in Aug 2022 to 240+ in Feb 2023! To accelerate the growth of ApeCoin and BAYC ecosystem, Forj is also proposing the Ape Accelerator (Ape Launchpad) AIP-209: Ape Accelerator by ApeCoin, incubating and facilitating projects that contribute to, and utilize, ApeCoin and BAYC IP.
Looking forward to see more projects joining the Yuga Lab IP ecosystem!
Cheers!
Forj Team
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AIP-219: ApeDAO Partners with Kickback!
by Mantis - No Role
Posted on: Feb. 7, 2023, 5:50 p.m.
Content: @Kuddo, these are all important questions, and I hope these answers show that we’ve come up with solutions that others simply haven’t thought of or had the political will to execute. We’ve done a great deal of R&D that has worked incredibly well for us, and we’d love to share this knowledge with ApeDAO and web 3 in general. To the questions:
Kuddo:
But what exactly are we trying to advertise here? And to whom?
To whom = 1 million college students with the motivation to build and game!!
Our other sponsors — Coca-Cola, Spotify, AT&T, Wendy’s, CashApp — partner with Cxmmunity to create relationships with the next generation of dedicated, motivated builders. ApeDAO is not trying to sell a product to an end user. It is trying, just like AT&T (gaming & AT&T? huh?) to find the best and brightest value creators (college students) who will create 1000 X value for their companies with a small investment now.
The DAO is trying to do the same thing. We offer a direct connection to the greatest talent pool in the world, because we are connected to the university system in a way no other gaming company in the world is.
The DAO’s issue is it’s begging for participation from randoms — not vetting them for interest, motivation, nothing. There’s also no outreach to institutions like universities. Think about it. Do you think the best proposals come from money grabbers who want to slap Ape logos on NASCAR then never post again after failure…
or does ApeDAO expansion come from partnership with fully aligned institutions with the resources and motivation to create big thoughts, execute on them, and even provide student credit and a path to employment for the efforts of those involved?
An example of what’s possible, specifically with Cxmmunity:
One of our Board members, Prof. John Cash of Johnson C. Smith University, created the first accredited esports curriculum in North America. This opened doors for students normally overlooked in gaming to create viable careers in one of the number one growth industries in the world. It also caught the attention of Charlotte news and municipal government officials and the US Department of Education.
For those in the cheap seats: Partner an industry that needs validation (DAOs, gaming) with unis and motivated gatekeepers like Prof. Cash (on our Board), grease the wheels with money from Spotify and Coca-Cola, and all of a sudden you’re working with media and the federal government instead of fighting them. This is just one of the use case pathways Cxmmunity specifically can help create for $APE — a viable utility to create employment and new industry.
Here’s more proof: The Kickback: Higher Learning — Another one of our founders, Julien Fitzgerald, helped to create an esports program at Morris Brown College with the last Kickback.
Cxmmunity is literally creating the esports industry, and we can do the same for ApeDAO in mainstream gaming with this partnership.
Kuddo:
$APE and ApeDAO do not have a “proper” use case for people outside the ecosystem.
This is absolutely wrong. What’s correct is the mainline BAYC and ApeDAO zeitgeist are very confused on how to move next with $APE, especially for people “outside the ecosystem.” Cxmmunity doesn’t have this problem.
Just like we created viable lanes for esports lovers who were, before us, outside the esports system, we are doing the same for $APE — we just haven’t made it public. Why? Because we’re doing this with a lot of cryptos. We hope $APE will be the first to see the opportunity and validate our efforts so we can publicize and expand them. Cxmmunity Discord is a hub of web 2 -web 3 bridging, and we’re using $APE, as one of many cryptos, to do it. We have been able to double our Discord in the past month by playing Dooky Dash and participating in web 3 tournaments like XBorg’s XTreme Championship Series. Cxmmunity’s cracked the code of web 2 -web 3 bridging because we keep a perspective that’s wider than the average Ethereum gaming maxi, so we have processes going that simply haven’t occurred to the wider ApeDAO community to implement. But they are being used, and they are working incredibly well for Cxmmunity.
An official partnership allows us to expand these efforts.
Kuddo:
I believe this is not the right time to spend the funds on advertising. Maybe later this year, but not for early events like NCAA Final Four.
If you think of this as advertising, God bless you. It’s not, but I’m not here to change your opinion on that! For everyone else, though, I encourage you to read my response above to see exactly why we have triple AAA companies who are not even really aligned with gaming sponsoring us — we know how to turn that partnership into value.
I know I’ve said a lot. Believe me; there’s more. :rofl: Hopefully I’ve explained things from some angles you may not have considered. Because honestly, this partnership brings opportunities that are otherwise not possible for ApeDAO at this point.
Happy to answer other questions; otherwise, I hope everyone reading this will vote yes!
Likes: 8
Replies: 1
Replies:
- ssp1111: Welcome @cxmmunity – we’ve heard so much about you, glad to finally meet.
Congrats on the proposal, with Mantis’ stewardship you should sleep well at night:
Mantis:
If you think of this as advertising, God bless you.
Again, glad to have you here.
Onward
SSP
