We're thrilled to announce an official AIP proposal for
@apecoin
- the establishment of ApeCoin Ventures.
A 1:1 matching structure, the aim is to create a combined $10m fund to invest together into early web3 ventures & encourage integrated utility & adoption for $APE: 🧵👇
13
18
90
Replies
@apecoin
Targeting seed and Series A stage ventures, we're prioritising projects that can integrate $APE into their ecosystem, amplified by the network effects of the wider Animoca ecosystem.
Our aim is to boost $APE utility and adoption, leveraging our expertise in venture capital.
2/5
1
0
5
@apecoin
How ApeCoin Ventures adds value to
@apecoin
ecosystem:
- We match 1:1 funding with $5m in fiat + $5m from ApeCoin DAO
- Potentially back up to 80 ventures
- Low 1% management fee
- ApeCoin DAO will receive 50% of all token proceeds upon successful venture exits
- And more
3/5
1
0
5
@apecoin
With our matching investment structure, we will co-own sizeable ownerships to strategically guide promising ventures and align visions to grow $APE utility &
@apecoin
ecosystem, integrate token models driving adoption, & build mutually beneficial investor-venture alliances.
4/5
2
0
4
@apecoin
To the ApeCoin community: VOTE to accelerate the $APE ecosystem! We believe this proposal aligns incentives for joint long-term success.
Our proven track record +
@apecoin
DAO's vibrant reach = Amplified $APE awareness and utility.
Vote here 👉
5/5
0
0
8
0
0
1
@AnimocaVentures
@apecoin
A big “yes” to this proposal. I can see apecoin price taking off already!
0
0
0
