Loading...
Market
Total amount of $APE used for commercial agreements by the end of 2024
5
ApeCoin•Banana Bill•ApeChain•Commercial Agreements Initiative•User Incentives Initiative•Special Council•Waabam_eth•Web3•HorizenLabs
Resolution / Starting Odds
Less than 30 million $APE • 33%
30 million to 50 million $APE • 33%
More than 50 million $APE • 33%
Official ApeCoin DAO financial disclosures or reports
Story
ApeCoin DAO Introduces $100M 'Banana Bill' to Boost ApeChain Development with $APE Incentives
Jun 17, 2024, 05:47 PM
The ApeCoin DAO community has been presented with the 'Banana Bill,' a $100 million proposal aimed at fostering activity on ApeChain. The bill, which is now live on the ApeCoin forum, includes two main initiatives: a Commercial Agreements Initiative to negotiate deals with projects, companies, and protocols committed to building on ApeChain, and a User Incentives Initiative to provide rewards for ApeChain users. The proposed budget allocates 23 million $APE for user incentives and 73 million $APE for commercial agreements. Prominent figures in the ApeCoin community, including Special Council member Waabam_eth and candidates for Special Council & Steward, have emphasized the importance of this funding for ApeChain's development. A town hall meeting was held to discuss the proposal, with Waabam_eth noting that the bill is on an expedited timeline and may go up for a vote later this week. The bill aims to bring developers and their followers to the ApeCoin ecosystem, with $APE being used as gas for ApeChain protocols. The advisory board for the Banana Bill will include leaders in Web3 gaming and venture capital to help onboard builders to ApeChain. During the town hall, blockchainzilla from HorizenLabs highlighted the significant interest from protocols and game developers in building on ApeChain.
View original story
Similar markets
Less than $70 million • 33%
$70 million to $80 million • 33%
More than $80 million • 34%
Less than 500 ETH • 25%
500 ETH to 750 ETH • 25%
751 ETH to 1000 ETH • 25%
More than 1000 ETH • 25%
Below $50 million • 25%
$50 million to $70 million • 25%
$70 million to $90 million • 25%
Above $90 million • 25%
20 to 25 partnerships • 25%
26 to 30 partnerships • 25%
31 to 35 partnerships • 25%
More than 35 partnerships • 25%
Less than 50 ETH • 25%
50 to 100 ETH • 25%
100 to 200 ETH • 25%
More than 200 ETH • 25%
$1.5 billion • 25%
$2 billion • 25%
$2.5 billion • 25%
Over $3 billion • 25%
Less than 3 billion yen • 25%
3-3.5 billion yen • 25%
3.5-4 billion yen • 25%
More than 4 billion yen • 25%
Above ¥15 billion • 25%
Between ¥10 billion and ¥15 billion • 25%
Between ¥5 billion and ¥10 billion • 25%
Below ¥5 billion • 25%
Less than $10 billion • 25%
$10 billion to $15 billion • 25%
$15 billion to $20 billion • 25%
More than $20 billion • 25%