Profile of btang in ApeCoin

Posts by btang

• The Contingency by btang - No Role
  Posted on: Dec. 17, 2022, 9:28 p.m.
  Content: Hi @Novocrypto our value proposition is to act as a trusted administrator for DAOs and in our role for this DAO and other DAOs, we serve in a professional and institutional manner. If the vote proceeds as is, our intention would be to communicate with the new Council and ensure a smooth transition. This DAO is creating new paths and we are also going through this new uncharted waters with the community.
  Likes: 4 Replies: 2
  Likers: Novocrypto, BoredApeG, Abr123, furiousanger
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  • Novocrypto: Thanks Brian! I appreciate all you, Brandon and your team have done for the DAO and understand where you’re coming from with your AIP. I’d personally be very sad to see Cartan voted out of Apecoin DAO as I’ve had nothing but a fantastic experience working with you so far in the course my own AIP process and the elections and other AIP processes. In any case, appreciate your willingness to see the DAO through a transition period, should that become necessary. I still hope it won’t! But here to help the DAO get through this if that ends up being the case.
  • furiousanger: Problem I have with this - if AIP fails, your team’s help will be less focused, as from jan 1st onwards theyll be unpaid from APECOIN DAO. Your other DAOs will always take priority and any help with the transition will be fragmented and perhaps mediocre at best, I say this from experience dealing with legacy teams. Maybe agree to a 3 month extension with continuation of originally agreed compensation? To just hit us with such a late proposal, with no time to digest it all fully, with added 2,000,000 approx price tag was either planned or unforgivably neglectful and I fully understand why the community is so outraged and demonstrating this is their voting power.
• Incorporate an initial community support level into AIP governance process by btang - No Role
  Posted on: Dec. 13, 2022, 8:18 a.m.
  Content: Thanks @NFTC for the feedback. I’ve also updated the votes to 5 in the AIP Idea. Looking across current AIP Ideas, there are only a few with more than 5 votes. The intent of this AIP would be to seek additional engagement on voting in AIP Ideas while trying not to make the threshold too cumbersome. Open for feedback.
  Likes: 0 Replies: 0
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• Incorporate an initial community support level into AIP governance process by btang - No Role
  Posted on: Dec. 12, 2022, 11:50 a.m.
  Content: Thanks, please keep this open for another 7 days.
  Likes: 0 Replies: 0
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• Can’t vote/post here when ApeCoin is staked by btang - No Role
  Posted on: Dec. 8, 2022, 9:35 a.m.
  Content: Hi all, see further information here: https://twitter.com/apecoin/status/ 1600861099095887872 ?s= 20 &t=hnaru 9 pumn- 5 Xn 06 tbJxbQ
  Likes: 0 Replies: 0
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• AIP-183: Cartan’s Proven Track Record & Continued Commitment to Advancing the ApeCoin Ecosystem by btang - No Role
  Posted on: Dec. 7, 2022, 5:14 p.m.
  Content: Hi @wapow thanks for your questions. Our terms were extended along with the Special Council as per AIP- 113 up to 31 Dec 2022 . Based on the election timelines, the vote for new Council members would be completed on 28 Dec 2022 , which would not allow sufficient time for our AIP to go through the proper governance process. We are no exception to having to get the DAO to vote on our continued service and we very much think it is the most advanced & transparent process in the world. The fee proposed is US$ 250 , 000 + 20 , 000 ApeCoin, which at today’s prices, would be about US$ 330 , 000 . Cartan is a business building a revenue model just like any other company in the world. However, unlike other companies, we need to anticipate resource requirements through the year and transparently propose them to the DAO for approval. We very much think this is the best and most transparent manner forward and would not have it any other way. We also believe it is important to take some fees in ApeCoin so we can better align with the DAO’s value creation initiatives. Overall, we are optimistic about the future and looking forward to continuing to serve the DAO community members.
  Likes: 9 Replies: 1
  Likers: ssp1111, bc, Apeancestor, Amplify, BoredApeG, adventurousape, Abr123, ape300.eth, jasonball
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  • wapow: My apologies on initial calculation and thank you for starting to provide more communication and info. As a long-term hodler and “new to dao structures” participant I’m learning how to participate. I made a mistake on my initial apecoin price calculation; maybe I was manifesting future higher token value due to increased adoption and usage. Regardless, I would like to understand the scope of work differences between the original scope which CG received compensation of 150,000 per month vs. the proposed scope of ~ 330,000 per month. Generally, I am in favor of investing in areas that will generate additional adoption of Apecoin. To date it has been confusing to understand how this work has been progressing. A couple of follow-up questions: Todays transparency report shows the dao investment outflows 5:1 of operating expenses to grants. (493,271 to 96,045). If we just look at Admin Fees the outflow decreases to 217,907. This would be 2x our current grant investments. Does the council have a viewpoint on what the correct ratios and/or future allocations should be? Does the council have a view of where these will normalize in the future? This AIP is advocating for a 2x of current administration fees. This raises a question of having administrative fees that are significantly higher than our current grants (which have direct impact on building the ecosystem) It was mentioned that we have 10 full-time staff working on this project. You mentioned anticipating future resource needs that may arise. Can you share how current individuals are allocated to this project? What will the future staffing, and more importantly the deliverables look like with increased resources? Waiting for additional apecoin council members; Agree that a couple of days will not allow sufficient time to integrate the new members into this decision making process with the end of your contract. Does your current contract allow for an extension under the current scope of work or can that be accomplished through a revised AIP? To me, this community representation is important for a decision of this size. The total size of this 12 month commitment roughly 4 million, and I agree with the views expressed here that we should be working to decentralize more of the DAO operations. I understand this is a business for CG and it should be compensated for its work. Thank you for the quick response and putting together these materials. I am still reading through the report that was shared this morning. If there are sections that may answer some of these questions, please point me in the right direction. -Cheers
• AIP-183: Cartan’s Proven Track Record & Continued Commitment to Advancing the ApeCoin Ecosystem by btang - No Role
  Posted on: Dec. 7, 2022, 5:05 p.m.
  Content: Thank you @BoredApeG for your questions. Happy to answer and address your questions. I believe the work we have done and will continue to do go above and beyond simply providing operational and project management support for the Foundation. As chairperson for 30 Council meetings, protecting the Foundation by securing 547 domains and processing over 30 trademark filings, preparing financial statements and publishing quarterly transparency reports, and authoring 11 AIP Ideas & 10 other topics, I believe we are playing a crucial role in the operations of the Foundation. I would agree that some responsibilities in the section 1 . Managing the AIP governance process under the Expanded Scope would be captured under the Initial Scope. This includes administering Discourse, administering Snapshot, preparing AIP Analysis Reports and AIP DAR Packages, and implementing changes to Snapshot & Discourse as per community feedback. Nonetheless, while the Initial Scope does not include running a RFP process or creating and running a nomination and election process, we are committed to supporting the future of the ApeCoin DAO and took those responsibilities on. We have 10 FTEs working on this project and intend to invest the resources needed to continue growing our services for ApeCoin. I certainly agree that the future of ApeCoin DAO is intended to be distributed, and we are happy to be the trusted, professional DAO administrators to help the ApeCoin DAO achieve that.
  Likes: 8 Replies: 1
  Likers: Apeancestor, bc, BoredApeG, wapow, adventurousape, Abr123, Lost, bigbull
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  • BoredApeG: Hi @btang , Thanks for the response. We understand you are going above and beyond and you should be fairly compensated. However, it is still unclear to me exactly what you define as within the Initial Scope for all the services listed in your original post. I would have thought operational and project management included running a RFP process or creating and running a nomination and election process; those would seem to fit the broad definition of an Administration team? Since they are not, I believe we will need a full understanding of exactly where the lines are drawn for Cartan’s engagement. It would be helpful if you could please provided us with a table below, which is something one could expect when reviewing an engagement letter to expand the scope of services. This would allow the DAO members to better visualize what they are being asked to assess and approve. Thank you, G Service Initial Scope Expanded Scope Admnistering Discourse X Administering Snapshot X Preparing AIP Analysis Reports X Preparing AIP DAR packages X Running an RFP Process X Creating and running a nomination and election process X
• AIP-183: Cartan’s Proven Track Record & Continued Commitment to Advancing the ApeCoin Ecosystem by btang - No Role
  Posted on: Dec. 7, 2022, 4:15 p.m.
  Content: Thank you @ssp 1111 for your questions. Happy to answer them. The Ape Foundation is a foundation company incorporated in the Cayman Islands. The company will continue to exist, whether or not any of our or any AIPs pass or fail. We were extremely early in building out this type of business model and remain uniquely positioned in the market as a full service & dedicated DAO administrator. We take the trust placed in our organisation extremely seriously and administer our DAOs with the utmost care and professionalism. As per AIP- 113 , our terms were also extended along with the Special Council up to 31 Dec 2022 . Based on the election timelines, the vote for new Council members would be completed on 28 Dec 2022 , which would not allow sufficient time for our AIP to go through the proper governance process. We are no exception to having to get the DAO to vote on our continued service and we very much think it is the most advanced & transparent process in the world.
  Likes: 7 Replies: 0
  Likers: Pearson, Apeancestor, bc, Amplify, BoredApeG, adventurousape, Abr123
  No replies yet.
• AIP-183: Cartan’s Proven Track Record & Continued Commitment to Advancing the ApeCoin Ecosystem by btang - No Role
  Posted on: Dec. 7, 2022, 12:39 p.m.
  Content: Proposal Name: Cartan’s Proven Track Record & Continued Commitment to Advancing the ApeCoin Ecosystem Proposal Category: Ecosystem Fund Allocation ABSTRACT Cartan Group LLC ("Cartan " or “we”), trusted and invited by the launch contributors, was elected by the community to administer the governance process for Ape Improvement Proposals ("AIPs ”) and the voting process, as outlined in AIP- 1 and AIP- 2 , respectively. Over the past 8 months, we’ve had the opportunity to serve the community and push forward the DAO’s long-term vision. We have talked to thousands of community members, made new friends, and have had an amazing time collaborating with everyone (more on Cartan’s initial scope of DAO operations and key accomplishments to date in Rationale Section below). We have worked continuously to match the momentum and keep the workflow moving, which meant taking on additional responsibilities that were not part of the original scope. Ultimately, things needed to be done, so we rolled up our sleeves and delivered, and through operating this way, and listening to the community, we have connected with the nuances of what community members want delivered (more on expansion of scope of DAO operations and key accomplishments to date in Rationale Section below). AUTHOR & TEAM DESCRIPTION My name is Brian Tang and I am one of the co-founders of Cartan. My profiles are provided below: LinkedIn: https://www.linkedin.com/in/b 4 tang/ Twitter: https://twitter.com/b 4 tang Cartan is a full-service financial technology management consulting firm that specialises in providing operational and executive governance of foundation companies for crypto industry projects. We provide operational and administration governance services for clients looking to build sophisticated cloud-based communities. Cartan has experience delivering multi-billion-dollar communities, professionally administering well-managed DAOs, and working with regulators to develop a comprehensive framework for fintech companies looking to operate in a stable, leading offshore jurisdiction. Administering and operating a DAO is a specialised skillset that requires expertise across engineering, finance, social media management, treasury management, governance, marketing, communications, and policy development. MOTIVATION This AIP outlines more accurately the roles, functions, responsibilities and ambitions that have been and will continue to be carried out by Cartan over the next year to better reflect the responsibilities and commitment necessary to administer the DAO properly. The main goal of the next year is to expand our community of ApeCoin holders and work through a phased approach that realises ongoing improvements for the ApeCoin community. By offering the most engaged community members jobs with a proper training, reporting structure, accountability, benefits and bonuses, we will expand the community moderation team. Through the expansion of the community moderation team, we will propose amendments and adjustments to the AIP process for community review and approval that would be intended to work more efficiently and transparently. This includes having all interactions between the analysis team and the author be fully public for all to see. We will also investigate and implement a soft support level within Discourse to verify the community actually wants to see an AIP go to vote to reduce the unnecessary use of community resources and administration of putting something up for vote that the community does not support. As well, putting together an AIP is a daunting effort for the author or project team. In an effort to help every author answer the question, “how does this grow the APE ecosystem?”, Cartan will deploy an analysis team who will help AIP authors create well-structured business models, with a proper risk identification model and revenue model. In addition, Cartan will publish quarterly Transparency Reports for the Foundation, which includes but is not limited to details regarding the Foundation’s financial position, cashflows, grants funded and updated budget. The first Transparency Report was published here: Ape Foundation - Transparency Report - 30 Nov 2022 RATIONALE The Foundation is the steward of ApeCoin and the ApeCoin DAO members, and its primary goal is to promote a diverse and self-sustaining ecosystem. The Foundation uses the Ecosystem Fund to meet its objectives and follows an approved governance process to distribute these funds. While ApeCoin DAO members can make their voices heard through the voting process, the Foundation is ultimately a legal entity that requires a team to carry out its functions. These functions include facilitating decentralised and community-led governance, administering the decisions of the ApeCoin DAO, and being responsible for day-to-day administration, bookkeeping, project management, and other operational tasks that ensure community ideas have the support they need to become a reality. Initial Scope of DAO Operations According to the approved AIP- 1 , Cartan was originally elected to provide the following functions for the community: To provide operational support and project management support for the Foundation; To act as the team of moderators, administrators, and lead in Discourse; To act as the team of reviewers to prepare reports and any other supporting documentation necessary; and Manage Discourse and Snapshot. Expanded Scope of DAO Operations and Key Accomplishments to Date Cartan has worked continuously to match the growing momentum of the community and the DAO. As a result, since taking on the role, we have instead provided the following functions for Foundation and the community: 1 . Manage the AIP governance process Cartan is responsible for: Providing operational support and project management support for the Foundation. Acting as the team of moderators, administrators, and lead in Discourse. Acting as the team of reviewers to prepare reports and any other supporting documentation necessary. Key accomplishments: Set-up Discourse and configured settings, categories, and use to purposely fit the AIP governance process. Built token gating solution in Discourse to ensure discussions are held by and between ApeCoin community members. Set-up Snapshot Space including but not limited to voting strategies, approved authors, and general information. Administered Discourse for over 6200 total users, over 500 active users in the last 30 days, and over 22 , 000 posts. Administered 181 AIP Ideas and a total of 455 topics in Discourse. Prepared 87 AIP Analysis Reports. Prepared and sent 58 AIP DAR Packages to the Special Council for review ( 29 AIP Analysis Reports were not sent to Special Council due to withdrawals, no responses from authors, etc.) Posted 41 AIPs up for vote on Snapshot, with 37 AIPs completed as of the time of this AIP Idea and resulting in 26 Accepted AIPs. These are: AIP- 1 AIP- 2 AIP- 3 AIP- 21 AIP- 22 AIP- 7 AIP- 9 AIP- 36 AIP- 41 AIP- 66 AIP- 70 AIP- 64 AIP- 88 AIP- 89 AIP- 98 AIP- 113 AIP- 91 AIP- 96 AIP- 106 AIP- 112 AIP- 137 AIP- 138 AIP- 134 AIP- 104 AIP- 110 AIP- 121 Administered Snapshot for 5 , 216 total voters, 27 , 259 total votes, and over 174 , 000 , 000 total voting power. Implemented the adjustment of the Discourse topic auto-close window on topics in the General category from seven ( 7 ) days to thirty ( 30 ) days from the last post on the topic. Implemented AIP- 7 to restructure Discourse, which included setting the requirements, planning the restructuring process, testing the procedures, and implementing the new structure to the production environment. Implemented AIP- 21 / 22 by reviewing proposal requests to build AIP- 21 / 22 , selected Horizen Labs to develop the staking platform for the ApeCoin community, and formally executed grant agreement with Horizen Labs. Implemented AIP- 121 to update the AIP Draft Template, add the overall cost to Snapshot, and prepare monthly reporting on grant activity. Authored seven ( 7 ) AIPs that have gone to Snapshot for vote. Authored AIP- 1 to define the structure of the ApeCoin DAO that would be governed by the holders of ApeCoin. AIP- 1 was approved by the community. AIP- 1 was approved by the community. Authored AIP- 2 to define the voting protocol for the DAO outlined in AIP- 1 . AIP- 2 was approved by the community. Authored AIP- 3 to define the Foundation’s budget for the first partial year ending 31 December 2022 . AIP- 3 was approved by the community. Authored AIP- 66 to develop an ApeCoin newsletter that is developed and distributed by the community. AIP- 66 was approved by the community. Three ( 3 ) members were subsequently chosen by the community. Authored AIP- 113 to extend the terms in AIP- 1 for three ( 3 ) months to provide time for the development of a proper and thorough election framework and process. AIP- 113 was approved by the community. Authored AIP- 137 to outline the process to allow talented, passionate and capable members of the community to surface and ultimately be appointed via governance vote for the Special Council. AIP- 137 was approved by the community. Authored AIP- 138 to establish an equal and fair election process for the Special Council. AIP- 138 was approved by the community. Comparing the seven ( 7 ) AIPs submitted by Cartan vs. 30 AIPs submitted by other authors that have been put on Snapshot for vote, Description Submitted by Cartan Submitted by other authors Total 7 30 Accepted 7 19 Accepted Rate 100 % 63 % Average Votes per AIP 942 voters 713 voters Average Voting Power per AIP 8 . 1 million 4 . 0 million Authored the first Nomination Announcement for the Special Council term beginning January 2023 . The first nomination and election cycle then began. Received and reviewed 56 applications, engaged two independent third party KYC providers, and posted 45 nomination profiles on Discourse ( 2 profiles were later withdrawn at the request of the nominee). Authored four ( 4 ) other AIP Ideas to streamline funding of new ecosystem ideas, raise awareness through acts of kindness, and make small adjustments to the AIP governance process to increase transparency to the community. Held 4 Office Hour sessions to discuss with community members the AIP process and answer any questions. Held more than 20 one-on-one discussions with ApeCoin community members to answer any questions regarding the AIP governance process. Participated in at least 5 Twitter Spaces with Council and community members. 2 . Administrative reporting and insight Cartan is responsible for: Acting as primary contact for inbound queries. Preparing weekly/ad-hoc reports and management packages for the Special Council. Managing operations and resource allocations across areas. Understanding regulatory environment and restrictions for the Foundation. Key accomplishments: Sent 58 AIP DAR Packages to the Special Council. Summarised and answered questions from the Special Council in a timely manner. Held (and continue to hold) regular Special Council meetings; as of this AIP, acted as chairperson for 30 Special Council meetings. Recorded the minutes of the Special Council meetings, and ensured they were approved. Administered 4 grant proposals requests for approval by the Special Council. Requested and received regulatory memorandum for the Foundation from legal counsel and continue to administer the Foundation within the regulatory framework. Communicated with and coordinated between legal counsel on a weekly basis to ensure all actions of the Foundation remain compliant. Protected the domain by securing 547 related domains. Processed over 30 trademark filings across jurisdictions globally. Ensured licences are received, if necessary, and actions of the Foundation are within the scope of the regulatory memorandum. 3 . Direct communications strategy Cartan is responsible for: Managing communication channels, social media, and inbound media inquiries. Developing communication principles. Codifying process and proactive messaging. Aligning fundamental communications between Ape Foundation, Special Council, and all stakeholders. Setting-up media handling protocol such as social media, Do’s and Don’ts, Q&As, and tone of voice. Key accomplishments: Posted over 640 tweets and retweets on the Twitter apecoin. Set-up and posted 24 Transparency Tuesday reports to promote regular reporting on the state of AIPs. Handled inbound queries from media outlets. Authored over 10 topics in help and resources for the community: AIP Draft Template AIP Draft Template Breakdown ApeCoin DAO Dissected – the AIP Process Series: AIP Ideas vs. AIP Drafts Step 1 : I’ve got an idea Step 2 : Time to write Step 3 : Final review Step 4 : Voting time ApeCoin DAO Dissected – the Foundation Series: ApeCoin DAO Dissected: The Foundation APE Foundation Players – The Special Council APE Foundation Players – The Administrators Clarifying Voting Procedure Per AIP- 2 Series – Lessons from the Other Side: AIPs Revisited Post-Implementation Proposed communication and transparency initiatives, like the ApeCoin Newsletter. 4 . Ecosystem grant funding and activity Cartan is responsible for: Establishing policies and procedures for disbursing funds to grant recipients. Preparing and executing grant agreement for accepted AIPs. Implementing KPIs and milestones to monitor results for follow-on funding. Collecting KYC and due diligence on grant recipients. Collecting, reviewing, and analysing RFPs for accepted AIPs. Key accomplishments: Engaged legal counsel to create standard grant agreement templates for accepted AIPs, depending on the type of grant. Executed 20 grant agreements for the AIPs that were accepted by the community. Initiated over 20 grant payments based on payment schedules and milestones to ensure they were properly met and delivered the milestone payments as necessary to recipients. Transferred a total of 96 , 045 ApeCoin to grant recipients and a further 181 , 171 , 580 ApeCoin was reserved in accordance with AIPs approved to date and projects approved by Special Council. Collected KYC information on 22 recipients to execute payments and deliver grants. Built four ( 4 ) Dune dashboards that includes stats on the health of the ApeCoin ecosystem, accompanied by weekly updates on Live AIPs over the past three months. ApeCoin Statistics ApeCoin Staking & Balances ApeCoin Proposals- ACTIVE ApeCoin Quarterly Stats Administered the DAO as the number of ApeCoin holders reached 103 , 113 : State of ApeCoin Q 3 5 . Corporate operations Cartan is responsible for: Processing invoices, payments, and reimbursements. Bookkeeping and preparation of financial information reports Creating and implementing policies for business operations and approvals. Daily company management such as general corporate administration, operations, and project management. Key accomplishments: Recorded over 130 transactions by and from Foundation in accordance with best practices. Paid and processed over 128 invoices for the Ape Foundation in a timely manner. Prepared the Transparency Report for the period from the Foundation’s commencement date to 30 November 2022 , including the Foundation’s statement of financial position and statement of cash flows prepared using the industry’s best practices, as well as a detailed breakdown of grant projects funded by the Foundation: https://twitter.com/apecoin/status/ 1600149575959924736 ?s= 20 &t=uMNbEdYsQTWpUY 1 sr-BCyg Set a reporting template for monthly reporting of details regarding grant projects funded by the Foundation in accordance with AIP- 121 . The financial information included in the transparency report is presented in a straightforward format understandable to users without financial background and detailed commentaries are provided for each line item. This report will be published by the Foundation quarterly. Reconciled Coinbase Prime and Gnosis safe accounts. SPECIFICATIONS Cartan manages a number of engagements, platforms, and applications to operate the Foundation. These include: Manage Discourse enterprise account and act as administrator on Discourse. Manage apecoin.eth ENS domain and act as collaborator and author for the Snapshot Space to post proposal for vote. Administrator of Google workspace for collaboration and productivity. Login to Twitter to publish communications. Administrator at Coinbase Prime to manage the treasury of the Foundation. Hold ApeCoin NFT. Manage Quickbooks for the Foundation. Manage AppDetex account for domain management and brand protection. Engagement of legal counsel to advise on regulatory matters in the Cayman Islands and regulatory matters globally. STEPS TO IMPLEMENT Cartan would continue to carry out all the functions under the Expanded Scope of DAO Operations within the Rationale section, specifically: Manage the AIP governance process Administrative reporting and insight Direct communications strategy Ecosystem grant funding and activity Corporate operations TIMELINE If approved, this AIP shall go into effect 1 January 2023 for a time period of 12 months. OVERALL COSTS The community approved fees for the Initial Scope of DAO Operations were US$ 150 , 000 per month. In order to address the Expanded Scope of DAO Operations, the monthly costs for this AIP is US$ 250 , 000 + 20 , 000 ApeCoin. The reason for the split cost (between US$ and ApeCoin) is that we know it is important that we fully align with the community and commit to growing the ApeCoin ecosystem, thereby increasing demand, which is beneficial to all.
  Likes: 2 Replies: 4
  Likers: themetavince, capetaintrippy
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  • NFTC: First off, thanks for everything that you do! I wish this discussion started earlier. Only while reading the Quarterly Report did I realize that Cartan’s funds would expire at end of December. I have some questions which I hope you can answer: Will collaboration with the analysis team be a requirement or an optional resource? btang: Administered 4 grant proposals requests for approval by the Special Council. What does this mean? Did the idea for each grant proposal originate from Cartan or the SC? btang: Managing communication channels, social media, and inbound media inquiries. Developing communication principles. Did Cartan consider adding a Discord to the scope of communications? I know that we have ApeComms 2.0 coming up soon which will create a Discord, but was any consideration given? My biggest concern is that the 2x increase in cost may fail snapshot vote. Would Cartan consider sending at least two proposals to snapshot? I listed three possible options below: A) This proposal B) A 12-month extension of the original scope at the original monthly cost C) A 3-month extension so that the 3 new Special Council members can provide feedback before the community votes to a 12 month commitment.
  • Apeancestor: btang: Over the past 8 months, we’ve had the opportunity to serve the community and push forward the DAO’s long-term vision. I wanted to express my gratitude for your leadership, support for the ApeCoin DAO, and congratulations on your many accomplishments that you have done on behalf of the ApeCoin Foundation and DAO. Thank you so much. We appreciate the information and advices you have shared in the AIP. I would fully embrace a shared and decentralized governance for ApeCoin DAO under your leadership and for ApeCoin DAO’s future success. Since the ApeCoin DAO is pretty young, it needs time to grow, and develop from centralized governance model to more decentralized model. Do you have a roadmap or time frame how the ApeCoin DAO should look like 3 years from now or 5 years from today? Something that you can share with the ApeCoin community. Thank you Special Council Candidate Ken Forest
  • NFTC: @btang a supporting table to compare and contrast Initial Scope and Expanded Scope, as @BoredApeG suggested, is absolutely necessary. I just reread your first post and it’s very difficult to discern which tasks and responsibilities are actually an expansion. For example: Here you concisely document the Initial Scope: btang: Initial Scope of DAO Operations According to the approved AIP-1 , Cartan was originally elected to provide the following functions for the community: To provide operational support and project management support for the Foundation; To act as the team of moderators, administrators, and lead in Discourse; To act as the team of reviewers to prepare reports and any other supporting documentation necessary; and Manage Discourse and Snapshot. The 2nd bullet reads “To act as a team of moderators, administrators, and lead in Discourse” Then immediately below it you write: btang: Expanded Scope of DAO Operations and Key Accomplishments to Date Cartan has worked continuously to match the growing momentum of the community and the DAO. As a result, since taking on the role, we have instead provided the following functions for Foundation and the community: 1. Manage the AIP governance process Cartan is responsible for: Providing operational support and project management support for the Foundation. Acting as the team of moderators, administrators, and lead in Discourse. Acting as the team of reviewers to prepare reports and any other supporting documentation necessary. Here in the 2nd bullet point you write “Acting as the team of moderators, administrators, and lead in Discourse” It’s literally word-for-word the Initial Scope. There are many more instances related to operational support, project management, reports, etc. Communications seems like the only true expansion IMO. I hope that we can get you guys paid and that you can continue to service the DAO, but clarification is necessary. On a separate note - I’d like to see Cartan push back and notify the DAO of scope creep. It’s not good for progress towards decentralization. There are members creating and proposing working groups, but when Cartan absorbs more roles, the less of a DAO this becomes. To summarize my position: I support a 1-year extension of the Initial Scope. I wouldn’t support an Expanded Scope without itemization of the roles and responsibilities deemed “Expansion”.
  • badteeth: Hi Brian, Thank you for the report, it’s great to see some financial transparency here. btang: In addition, Cartan will publish quarterly Transparency Reports for the Foundation, which includes but is not limited to details regarding the Foundation’s financial position, cashflows, grants funded and updated budget. The first Transparency Report was published here: Ape Foundation - Transparency Report - 30 Nov 2022 Looking for some clarification around Section 3.3.5 Grant Expenses. As you stated in the report: “Pursuant to AIP-121, the Foundation was directed to implement reporting showing APE allocation containing “total funds committed and payment of funds up to date, with detail for each AIP (number and title)”. These details are included in table 3.” Can you please explain why you left the three AIPs (1, 3, 113) out of the Grant Expenses section? Feels pretty arbitrary to not include the grants that were specifically allocating funds to Cartan in this section. Also, for clarity’s sake did Messari, Inc: Have any hand in preparing the transparency report you provided? Where is the Q3 2022 report from Messari? What is Messari’s relationship with Cartan? Thank you
• Incorporate an initial community support level into AIP governance process by btang - No Role
  Posted on: Dec. 6, 2022, 2:13 p.m.
  Content: Hi @Escape please keep this Topic open for another 7 days
  Likes: 1 Replies: 1
  Likers: Pearson
  Replies:

  • Escape: Hi @btang, Your topic will be automatically closing in less than 24 hours. Are you content with the feedback received, or do you wish to extend community discussion for a further 7 days? If we do not hear from you within 48 hours after your topic closes, your topic will be moved straight to the AIP Draft process. We look forward to hearing from you. -Escape
• We need a more regular voting schedule by btang - No Role
  Posted on: Dec. 2, 2022, 12:39 p.m.
  Content: Hi @Mantis, I’ve put together an AIP to add a new Discourse category called Administrative Review: Add new Discourse Category for “Administrative Review” - AIP Ideas - ApeCoin DAO The purpose is to add a small gain in transparency on which AIPs are under Council review. Currently, these AIPs remain in AIP Drafts. This AIP intends to add an additional layer of transparency. Hope to have your support!
  Likes: 4 Replies: 1
  Likers: Abr123, Mantis, Amplify, Lost
  Replies:

  • Mantis: The bigger issue remains that we’ve got a black box that can hold proposals like this up in limbo indefinitely and a contingent of non-responsives that skip discussion and only show up to troll the vote. I am in favor of your proposal and a couple of others I saw that addressed transparency. Bigger question to the Discourse — how to get these proposals past the hurdles mentioned?