Profile of NFThoarder in ApeCoin
Posts by NFThoarder
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Implementation Update | AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: Nov. 3, 2024, 12:49 p.m.
Content: Bored Trading Co agreement has been signed and we are awaiting funds. In the meantime, we have been busy cooking.
ApeFest - we were present at the Ape Hotel with snack kits in collaboration with Ape Concierge, at the Creator House we took over the back room to display / support many MBAs, at Convento we displayed a snack kit (including Bored Munchies, JC Snacks Peanuts, Grateful chocolate, and Bored Snax Cookies), and 8 Marvila we sold and displayed products from across the ecosystem.
MBA phase 1 submissions were completed before ApeFest with 23 MBAs submitting interest in participating. We will start reach out those who passed our rubric to negotiate purchases. We are working on identifying the first trade show to exhibit as the MBA submissions came from Food & Beverage and Apparel categories .
We are hiring!!! We are seeking a part time Social Media manager. The job description is found here so if you have feedback on the JD or referrals please reach out to us.
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Implementation Update | AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: Sept. 24, 2024, 10:14 a.m.
Content: As we await the agreement, we are hard at work …
We are excited to announce Bored Trading Co AIP 468 is launching our MBA & IP Brand Collaboration form. Exposure to tradeshow and events Product included in direct to consumer IP boxes Opportunity to display digitally or physically at ApeFest Google form ~ 20 minutes to fill out Form open till Friday, October 4 th for phase 1 consideration
Post: x.com
Form: https://docs.google.com/forms/d/e/ 1 FAIpQLSf 29 wX 97 PKSqlupzdmLM 13 ckzrfLmkkFY 4 i 5 Ndnhnh 6 Hp 0 uJg/viewform?usp=sf_link
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Implementation Update | AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: Sept. 13, 2024, 12:53 a.m.
Content:
The ApeCoin DAO has posted a few resources on navigating the AIP process, including a series of Discourse posts; based on your experience, are these resources and the website helpful for drafting an AIP?
These are great resources but still a very intimidating process. I wish there were initiatives like Ape U when I started writing my AIP. It is great to see the continued resourcing and support which will ultimately provide higher quality AIPs with a further engaged community.
Have there been any delays or changes to the original timeline?
There are no delays in the original timeline as we are deploying our own capital while we make sure we are doing our due diligence in working through the agreement with the DAO. The original AIP timeline started when we received the funding so if anything we are working hard to hit the ground running and add value to ApeFest.
Do you have any updates regarding the budget?
We are already lining up the right lawyer and accountant to ensure we are fiscal responsible.
How can the community support your initiative?
We will be launching our MBA form for those interested to be in the first phase of Bored Trading Co. This will be released next week.
Do you have anything you would like to tell the community?
We are putting together job descriptions for some of the gig / part time roles per the AIP. We will look to hire from within the community or referrals from the community.
Do you provide consent to share these questions with the community in this forum?
Yes, please share with the community.
Responding to @bigbull
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Bored Trading Co: Economies of Scale and Synergy for IP
by NFThoarder - Accepted AIP Author
Posted on: Aug. 3, 2024, 4:14 p.m.
Content: 1400 × 588 837 KB
Bored Trading Co (BTC) concept evolved as a clear need to build collaboratively with over 400 + MBAs ( Made By Apes) and numerous IP brands and projects. Coordinating with multiple IP brands, especially around major conferences, is arduous. Sending products, particularly internationally, is costly and time-consuming. High-profile events are often too expensive for a single IP brand to justify.
Recognizing the collective strength of the community with the launch of the MBA program, Jason co-founded BoredIn, a subcommunity supporting 200 MBAs founders building together. Boredin focuses on spotlighting and aggregating IP brands and product media and research. Feedback from numerous IP brands & BoredIn highlighted the following major challenges:
Poor Visibility: Limited visibility and awareness outside Web 3 . While Web 3 thrives on platforms like X, web 2 consumers are on Facebook, Instagram, and TikTok where there has yet to be an incentivisation of customers, buyers, influencers to drive content.
Limited Resources: Small IP brands struggle with time and money, even for essential functions like shipping, where commercial rates are 35 – 60 % below published rates.
Distribution Challenges: Scaling distribution for large order volumes or international shipments is challenging.
Payments Barriers: Accepting crypto for E-commerce is challenging to set up and expensive with gas fees. Although there are some solutions for Shopify for an online store, there are no known solutions for in real life point of sale (POS) solutions which include ApeCoin and ApeChain. We plan to work with NiftyKit and other tech partners to help develop.
Bored Trading Co is dedicated to addressing key challenges in scaling IP products to the masses by creating a consumer flywheel. We believe in a collective approach to help the entire ecosystem overcome challenges. Our mission is to deliver value back to the ApeCoin and ApeChain ecosystems, fostering innovation and growth within the community. We aim to create IP products with ApeCoin holders, expanding the IP ecosystem. With Web 3 IP products still in their infancy, many brands need support to scale, particularly in garnering visibility and driving smaller brands. Leveraging our logistics expertise, including @NFThoarder 888 ’s experience as the Head of America’s Logistics at Bloomberg where he was responsible for thousands of events and conferences. In web 3 , we’ve supported numerous IP brands at major events (e.g. HK Apefest and Dubai Token) and collaborated on curated IP boxes (e.g. F*ck It Saturday and @WelcomeApes MBA box). Our journey includes expanding to communities like Pudgies, Mocaverse, 10 KT, Azuki, and many more to empower and grow the entire ecosystem.
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E-commerce presents a clear opportunity for ApeCoin to drive utility to the masses given current spending and growth projections. Bored Trading Co aims to harness the collective IP ecosystem to drive awareness, interest, and consideration from D 2 C consumers and B 2 B buyers. Bored Trading Co’s strategy includes a multi-pronged approach:
Event Targeting: Participating in events with a booth to create direct engagement. Attend community events, conventions, and tradeshows.
Curated Box/Bag Solutions: Curated products bundling several IP products together and centralization of fulfillment allows for higher conversion since the shipping cost does not create an imbalance to the customer value proposition.
Community and Influencer Engagement: Driving content to maintain sustained contact and recurrent touchpoints, adhering to the marketing “rule of seven.”
IP Engagement: Encourage inclusion and collaboration across ecosystem and many communities. Through collaboration with MBAs, incentivize MBAs and IP brands
We plan to continue to curate and amplify IP products meeting customers where they are today on Instagram and TikTok. ThankApe recently launched their BBAC Accelerator program which we were selected as a winner. We are grateful for the trust to continue to build off this momentum and address the broader ecommerce flywheel out to web 2 meeting consumers where they are outside of crypto Twitter. We will build our infrastructure to help the winners of the BBAC while scaling to support the long tail of other businesses not rewarded. As ThankApe is a partner, we will work with them closely to further the impact and benefit to the ApeCoin ecosystem.
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Bored Trading Co banner featuring many MBA brands, art by @MeiravHaber
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AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: June 23, 2024, 11:05 a.m.
Content: I look forward to your continued insight to help make sure we are successful and add value back to the ecosystem. For you or anyone else that would like to discuss more in depth, I will make time to connect directly or on a spaces.
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AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: June 23, 2024, 12:13 a.m.
Content: Thanks for the detail review and thoughtful questions. I will consider them further along with other feedback we receive but attempt to provide some initial clarification.
The % suggested a based on balancing sustainability of the project while trying to give back something to both the DAO and community
13 . 1 % is going to Founders to incentive success and results and engagement of advisors. The “site and staff” will receive 15 % necessary to drive critical functions of the plan and attempt to have the necessary support to drive sustainability past the 12 months to continue drive the plan past the 12 months. The B 2 B leads are often a lagging result of business dev and commercial discussions which can take us past the 12 months. The % will help provide the necessary runway to continue operations past the 12 months to continue plan and drive benefits to ApeCoin as well.
As we researched the costs these are estimates and will work tirelessly to preserve funds in order to not extract DAO funds entrusted to us. We take the trust very seriously and leverage our procurement experience to negotiate rates or run competitive RFPs.
Popil will not take any funds from the AIP. Her advisory roles is based on her extensive knowledge and experience building with IP In the space. I believe in transparency here as well and great to see you are working on a proposal for this.
Agreed as above and the intent is to best help cobrand, market, and educate others about the ApeCoin DAO by working with MarComms to help give us brand direction and guidance. MarComms works with MBA and IP products today so we want to make sure we are aligned on the effort and meeting the DAO’s standards.
ThankApe has built a great rewards program which other’s have partnered with as well (e.g. OtherPage). We believe in collaboration and not building (spending money) where others have already created the value proposition. ThankApe can offer us the ability to distribute rewards to the community and our AIP hopes to build on the momentum they have created from the Built By ApeCoin program.
Sorry the formatting did not carry over from the original draft as “Vendor and Staff” was in bold to imply that the section and rows following rows breakdown vendors and staff. We will work to current the formatting.
I plan to hire from the community through posting job descriptions for the community to engage, apply, or provide referrals. I have professionally hired and managed staff, contractors, and vendors for fortune 500 companies, startups, and in web 3 . For example, I have done this with the original art for the Bored Trading Co in hiring an ApeCoin holder artist from the community. I’m definitely open to additional suggestions if there are specific job boards or other successful hiring practices. I’m confident on the diverse talent that exists in the ApeCoin community.
I hope we provided the some clarity and if we didn’t please feel free to let us know where we might be about to further elaborate or make changes based on your feedback / insight.
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AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: June 22, 2024, 8:06 p.m.
Content: Thank you so much! We are passionate in bringing MBA and ApeCoin together to drive benefits and exposure for both. Our goal is to break out of crypto X (Twitter) to meet consumers where they are in web 2 (e.g. Instagram and TikTok). Products are tangible for normies to interact, resonate, and fulfill their consumer needs. In addition, ecommerce can be a natural bridge while engaging more of the ApeCoin community to participate with IP from their communities. ApeCoin has such IP diversity with communities like Pudgies, Mocaverse, 10 KT, Azuki, and many more which can be further engaged in the DAO through our plan and the community rewards.
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AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: June 21, 2024, 9:26 a.m.
Content: Thank you Grateful! I’m excited to continue to scale MBA and IP products economies of scale to the ApeCoin community and ecosystem.
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AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: June 20, 2024, 5:18 p.m.
Content: If more tears and blood is what it takes :joy: Appreciate the support and your experience / knowledge in helping make this successful.
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AIP-468: Bored Trading Co Powered By ApeCoin
by NFThoarder - Accepted AIP Author
Posted on: June 20, 2024, 5:15 p.m.
Content: I know you have some great experience around these efforts and look forward to working with you to make this successful. Thank you Apewhale!
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