Profile of atareh.eth in ApeCoin

Posts by atareh.eth

• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 13, 2023, 8 p.m.
  Content: Hey bojangle, yes i remember we’ve DMed about this as well. Would love to do that as this gets closer to voting, unless you think there are some insights you might help improve the grant itself, either way, i’m in and im sure @badteeth is too!
  Likes: 2 Replies: 0
  Likers: MisterHype, badteeth
  No replies yet.
• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 13, 2023, 7:58 p.m.
  Content: Hi Sasha, 500 - 1500 is range of about 1500 - 4500 USD, which isn’t meant to replace a salary, but rather provide funding for builders to experiment with something small. While i have been making videos for a while, i got 2 ETH of funding from a nouns prophouse (~ 4 k USD) which helped a lot in the path towards making content creation more sustainable for me personally. I can try and find examples but there are so many ideas in prophouse, that its probably worth exploring yourself - the grants for their prophouse is very similar to the range we’re proposing. WRT to us picking - thats a more complicated question to answer, i’d personally stick with the ethos of a DAO and experiment with collective voting first. I also personally would not have the time to be a capital allocator in this instance, and if I did, that would have to come with a fair renumeration for time spent. All in all, i think the decentralized model has worked quite well for other prophouses, we dont intend to change that here
  Likes: 2 Replies: 0
  Likers: Sasha, badteeth
  No replies yet.
• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 13, 2023, 7:52 p.m.
  Content: Hi Evil, Sorry to hear about the prop not passing - good to hear you are keeping at it. At a high level, it appears that the prophouse you are suggested is restricted to a specific geography (india), while this prop intends to put it our for everyone in the ape community. WRT to the second question, “how can we ensure projects that will bring value will be funded” - that’s the multi million dollar question, no one can answer or ensure that but creating a system to get more funding to builders will lead to better outcomes for the DAO because the money is being used in how its supposed to - to help fund builders!
  Likes: 3 Replies: 1
  Likers: Evil, badteeth, adventurousape
  Replies:

  • Evil: Yes back when there werent much people exploring the Apecoin DAO. My prop goes back to November and first draft event older. Back then I was pushing towards small grants. So good to see that more people think the same way now that the DAO should deploy small fundings to people. Good luck
• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 13, 2023, 7:48 p.m.
  Content: Hey Russell, The main thing is, for any ask in the DAO right now, you have to go through a 3 - 4 month long process. For the big asks, that’s a good thing. But what if you need a few thousand to experiment with something or launch an MVP? That’s where small grants / prophouse comes in. A small grants program has worked well in nouns, and what we will likely see are builders applying for Prophouse, get funding to build something cool, which will then extend into a larger grant that they can ask the DAO for through the traditional method. “graduation” if you will
  Likes: 2 Replies: 0
  Likers: Russell, badteeth
  No replies yet.
• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 13, 2023, 7:46 p.m.
  Content: Hey Furious, Prop.house has been around for quite a while, it’s brought a lot of value to builders that want to experiment with something small and create an MVP. The big ask is still the big ask which should be through the existing process. I’d check out some nouns prophouse’s to see what people have built. The demand is certainly there. Meebits also had one not too long ago. Micro grants for a DAO are a must. prop.house Prop House Get funded to build with your favorite communities.
  Likes: 2 Replies: 1
  Likers: MisterHype, badteeth
  Replies:

  • furiousanger: Hi, Thanks for the reply. The demand part definitely seems to be proven imo, going by the amount of submissions/proposals the nouns prop house is receiving - perfect ty. Maybe there are also examples (you could utilise) where a small grant funded an idea that took off? (All would help emphasis and promote the potential of this AIP if passed.) Would love to see this idea progress further and pass. LFG Regards, FA
• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 13, 2023, 7:44 p.m.
  Content: Thanks Ms NFTy! Keep a look out
  Likes: 2 Replies: 0
  Likers: badteeth, Ms_NFTy
  No replies yet.
• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 12, 2023, 4:26 p.m.
  Content: Hi Mr Hype, Thanks for the questions, please see responses below each. What measures are in place to ensure that the Prop House program is transparent and fair in its allocation of grants? The transparency and fairness of the Prop House program are ensured through a clear and public process - the community submits proposals and community votes on them. How will the success of this program be measured, and what metrics will be used to evaluate its effectiveness in empowering artists, devs, and content creators in the ApeCoin ecosystem? Lots of ways to measure success, like the number and quality of proposals received, the level of community engagement in voting, and the results of funded projects. The effectiveness in empowering artists, devs, and content creators could be assessed by tracking the use of the granted APEs and the impact of the funded projects on the ApeCoin ecosystem. Following up with builders can be done after the proof of concept What impact do you expect this program to have on the overall value and growth of the ApeCoin ecosystem? The program is expected to stimulate innovation and creativity within the ApeCoin community, fostering the development of new projects that support the goals and objectives of ApeCoin DAO. By funding these projects, the program aims to empower artists, devs, and content creators to contribute to the growth and value of the ApeCoin ecosystem. Plus, the program could attract new members to the community and promote ApeCoin as a platform that supports creativity and innovation. Have you considered the potential risks and challenges associated with this program, such as the possibility of funding projects that may not align with the goals and values of the ApeCoin DAO, or the risk of creating an unsustainable demand for small grants? How do you plan to address these risks? We have guardrails in terms of what people should submit but the collective voting of the DAO is a good way to weed out bad projects and allow for good ones to shine. In terms of the risk of creating an unsustainable demand for small grants, this program is designed as a 12 -week proof of concept, and these are small grants represent 0 . 00001 % of the overall treasury ( 1 . 5 billion USD). We should be able to fund builders for a very long time with prophouse with out it putting a dent on the treasury atareh
  Likes: 4 Replies: 0
  Likers: Ms_NFTy, badteeth, adventurousape, Azuky
  No replies yet.
• AIP-281: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept by atareh.eth - Accepted AIP Author
  Posted on: May 12, 2023, 12:29 a.m.
  Content: Proposal Name: ApeCoin DAO Prop House powered by ApeCoin - Small Grants Program Proof of Concept Proposal Category: Core - Ecosystem Fund Allocation Abstract: Allocate 22 , 000 APE to sponsor a 12 -week Prop House program for the ApeCoin community. Small grants of 500 , 1 , 000 or 1 , 500 APE each will be allocated across six funding rounds over twelve weeks. The goal of this program is to explore more efficient ways than the current AIP process to issue small grants that empower artists, devs, and content creators in our community. The program will create new attention, engagement, and good vibes for the ApeCoin ecosystem by funding 24 new grants over a twelve week period. Motivation Right now, there is no way to access small grants in a quick way through the DAO, despite the success other DAOs such as Nouns DAO have had with their small grants programs. The best way to build awareness and empower artists and builders to add value to our ecosystem is to make it easier for them to get their hands on funding. The current AIP process is designed for larger asks and therefore slow by nature. Authors Name: atareh I’m @atareh , a molecular scientist that moved into web 2 product management and is now in web 3 full-time for 1 . 5 years. I write insightful threads on Twitter, co-host THE DAM SHOW, and have been deeply involved in 10 KTF (among other Yuga projects). I am one of the three community members that was anointed a Captain, officially entering the 10 KTF storyline. Author of AIP- 214 : Sponsoring THE DAM SHOW, which successfully passed on Snapshot and is being implemented Name: Badteeth | Josh Friedberg Life-long skateboarder. Three decades building at the intersection of art, sport, and technology. Down the NFT rabbit hole in January 2021 . Minted apes. Full-time Web 3 since May 2022 . Co-founder of THE 288 https://twitter.com/ 288 gang and Rara Avis https://twitter.com/raraavisapp . Lead-author AIP- 196 , served as elected ApeCoin DAO WG 0 Steward. Rationale Utilizing Prop House creates a low-cost, low-stakes way for ApeCoin DAO members to create and develop with and for the ApeCoin ecosystem. This will allow us to test the impact of a small grants program without building any unnecessary infrastructure within the DAO. Funding this AIP will not affect the current DAO AIP proposal process. This AIP presents an easy path to experiment with capital allocation in a way that has been successful for other DAOs in the web 3 space. It will allow us to promote ApeCoin DAO as a place that welcomes experimentation (emphasis on guiding value of: Boldness - We don’t shy away from the weird, the hard, or the new) Specs If the proposal passes, Prop House will create an ApeCoin DAO house that will have its grants funded in APE. Total being requested is 23 , 000 APE – 22 , 000 to fund 6 rounds of grants over 12 weeks and 1 , 000 APE for the administration of the program. There will be 3 - 5 winners of 500 - 1500 APE every other week. An example of the 6 rounds of funding* is: Week 1 : Call for proposals Week 2 : Votes completed - 5 winners of 500 APE Week 3 : Call for proposals Week 4 : Votes completed - 4 winners of 1000 APE Week 5 : Call for proposals Week 6 : Votes completed - 3 winners of 1500 APE Week 7 : Call for proposals Week 8 : Votes completed - 5 winners of 500 APE Week 9 : Call for proposals Week 10 : Votes completed - 4 winners of 1000 APE Week 11 : Call for proposals Week 12 : Votes completed - 3 winners of 1500 APE *As this is experimental we reserve the right to adjust the size and frequency of funding rounds based on how the process proceeds. If for any reason the entire allocation of 22 , 000 APE isn’t delivered through the funding rounds, the remainder will be returned to the Ape Foundation. Process: Each round will have a theme and begins with a 7 -day period, where anyone can submit a funding request for an idea that: Supports the goals and objectives of ApeCoin DAO (Support the expression of web 3 culture through art, gaming, entertainment, and events) Supports community-led initiatives that drive culture forward into the metaverse Encourages usage of ApeCoin Integrates ApeCoin as a form of currency or access Is fun, cool, and relevant to web 3 , the metaverse, and ApeCoin Once a round is opened, teams will have 7 days to submit their proposals. After that, voting will open to ApeCoin DAO holders for 7 days. 1 wallet holding $APE = 1 vote. At the end of the 7 day period, the 3 - 5 project(s) with the most votes will receive the grant funding. At the end of the 48 hours, winners are awarded ApeCoin. Winners will be only eligible for up to two grants total during the program. Steps to implement Funds requested from the DAO will be distributed as following: Prophouse rounds will be funded every other week based on the grant amount per week (ranges from 3 - 5 winners of 500 - 1500 APE). Wallet that receives the funding will be a 2 / 3 multisig. atareh, badteeth, and {one more person} will be multisig controllers. Timeline As soon as the proposal is approved, we will begin working with cryptoseneca from PropHouse to implement the experience. We expect this to take ~ 2 weeks. Once the UI/UX is created, we will begin round 1 of the program. Teams will have 7 days to submit their proposals. After proposals are submitted, voting will be open to ApeCoin holders for one week. Overall Cost: This proposal requests a total of 23 , 000 APE. 22 , 000 for 6 rounds of grant funding over 12 weeks ( 3 - 5 grants ranging between 500 - 1500 $APE will be rewarded every other week). 1 , 000 APE for administrative work to be split across 12 weeks for maintaining the ApeCoin DAO Prop House program. If for any reason the entire allocation of 22 , 000 APE isn’t delivered through the funding rounds, the unused funds will be returned to the Ape Foundation. Feedback considered Overwhelmingly, the feedback we received was centred around creating a stronger filter than just “hold 1 APE” to participate. This was because of the sheet amount of prophouse proposals that get put on chain that don’t necessarily benefit the ecosystem, but are rather “reskins” or “repeats” of proposals from different prophouse (i.e. “I will create apecoin stickers and distribute them”). While we considered using discourse level 2 as a filter, to make sure only people in the APE ecosystem are applying for grants, we opted for remaining fully on-chain so as to reduce the management overhead. While this isn’t perfect and there will be some rounds that go towards “recycled props”, the belief is that overwhelmingly, it’s better to keep control in the hands of the voters and trust that they will discern good use of funds from bad. After this pilot, we have considered adding features into prophouse that will create an automated filter, but that work should start after a successful pilot, not before.
  Likes: 7 Replies: 2
  Likers: badteeth, Nepara, JustFred, lilchichi.eth, MIKER, NFTraveler, Evil
  Replies:

  • Russell: Hi Atareh! You wrote [quote=“atareh.eth, post:1, topic:12567”] The goal of this program is to explore more efficient ways than the current AIP process [/quote] What do you think are the key differences from the current grant system and why do you think they need to be changed. Thank you!
  • JustFred: I really like this idea, as it will assist many creatives to go from 0 to 1 before attempting to go from 1 to infinity. One marketing / branding consideration: Since there are other Prop Houses out there, you may want to brand/title this as the “ApeCoin MVP Program” or “ApeCoin MVP House,” playing off the double entendre & definition of “MVP” as “minimum viable product” (in the tech industry). Would love to see a “call for artists & entrpreneurs” campaign to generate excitement around this as well. Looking forward to following along.
• AIP-222: A Web3 Streaming Platform Powered By ApeCoin by atareh.eth - Accepted AIP Author
  Posted on: Feb. 18, 2023, 10:44 p.m.
  Content: Hey @CameronMoulene Thanks for proposing this - THE DAM SHOW is 100 % interested in seeing this come to fruition.A native web 3 platforms to power content and our streams is something we’ve been looking for but have not found anything sufficient. ApeCoin feels like the right coin to build an entertainment platform ontop of. Excited for this and we’d love to offer any help from the content creators lens in the early phases. atareh
  Likes: 6 Replies: 1
  Likers: CameronMoulene, Amplify, AllCityBAYC, adventurousape, POSTGRID, bigbull
  Replies:

  • CameronMoulene: Atareh, Thank you so much, Fren. As a content creator and a member of BAYC you and others like you would be the FIRST people we would come to for questions around what you’re looking for most, and feedback on which of our ideas get you most excited. I believe this has the potential to be a truly groundbreaking idea - so now, if fortunate enough to be approved it will all come down to execution and working with the community to make it come to life. Cam
• AIP-214: Sponsoring The DAM Show + Live Game Shows by atareh.eth - Accepted AIP Author
  Posted on: Feb. 4, 2023, 8:25 p.m.
  Content: Appreciate the thoughtful reply Cap! It was great to see you in the chat on the livestream. I think your idea of tying giveaways to metrics is brilliant - I’ve shared this with the team and we’re going to incorporate it. With regards to sustainability and the overall budget - you’re making great points here. We definitely remained conservative with our ask seeing as there may be many that still don’t know myself, @Mebynetta or @DiamondhandzGMI too well - but i’m going to take you up on a bit of an expanded budget. Have to be careful as too not get too overzealous, but I appreciate the push here and I think you’re right. Thanks again for everything, we’re working hard and hope to help create more community moments for everyone!
  Likes: 4 Replies: 0
  Likers: 0xSword, adventurousape, capetaintrippy, badteeth
  No replies yet.