AIP-379: Thank APE - Phase II: Amplifying a Movement

Funding Rounds

Summary

Thank APE is powered by ThriveCoin and the Thrive Protocol.We have supported ApeCoin at scale through 2023 - funding more projects for the DAO than the entire AIP process combined (more below). They have worked tirelessly with the ThriveCoin team to create immense value for ApeCoin.The Thank APE boards primary responsibility is to gather feedback and data from the community and make board-level decisions about implementation, rules, contribution paths, contribution types, reward amounts, and validations.The board has standing meetings twice a week for a few hours, and they work on Thank APE specific projects throughout the week. Examples include AIP-297, AIP-304 , and AIP-317 - all of which are seeking to shake things up and help build value in new, big ways for our DAO.While the impact of these proposals isnt yet known, the DAO recognized they we must invest to ignite an ecosystem whose future depends on us. This mission requires building a thriving ecosystem around our culture and community.A year ago, we had a treasury war chest valued in the billions. Below is high-level overview of the existing tech and our ApeCoin development priorities for the next six months:Thank Ape Platform and Technologies - via ThriveCoin and Thrive Protocol Multiple layers of bot and bad actor protection - at scale Claimable contribution rewards at the end of a season; donation capability On-chain attestations (thank you notes) for all contributions User segmentation with badging for different contribution types Dashboard with all core metrics accessible by the communityThank APE - Phase II is a one-year initiative that proposes to: Continuously sense into the biggest needs of ApeCoin DAO Attract, fund, and coordinate the best talent to quickly respond to those needs Incentivize members to use / engage projects addressing those needsTo achieve this, we will deploy resources in three phases - Sense, Respond, Grow** ThriveCoin and the Thrive Protocol provide the support protocol and application layer for Thank APE, as we have done for the past year.

$ Funding

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Amount $5.5M Total raised
Date October 1, 2023 Announcement date
Investors - Lead investors
Company https://www.thriveprotocol.com Funded company

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