Cointime

Cointime

Download App
iOS & Android

ApeCoin Community Passes Proposal to Allocate $1 Million for Crypto Public Goods

Cointime Official

April 20 (Cointime) - The ApeCoin community has voted in favor of a proposal to allocate $1,000,000 to support crypto public goods through ETH Global and ApeCoin hackathons. The proposal, titled "I don't hate apes, I just want them to fund public goods!", received 46.21% of votes in favor, while 29.96% voted against it, and 23.84% abstained.

Source: https://snapshot.org/#/apecoin.eth/proposal/0x0bb3c25e2d5d817d13cf040d7780641743553ef1ed0ec1cef1424567beb99ccf

The name of the proposal is inspired by a tweet from Ethereum co-founder Vitalik Buterin, who expressed his desire for the ApeCoin community to fund public goods.

Source: https://forum.apecoin.com/t/aip-230-i-dont-hate-apes-i-just-want-them-to-fund-public-goods/11280

The proposal outlines a $1,000,000 investment by ApeCoin DAO, allocated as follows:

  • $300,000 donation to ETH Global
  • $700,000 for participation in 11 ETHGlobal hackathons in 2023, including 7 in-person and 4 online events
  • $40k Pillar Tier sponsorship and $10k prize pool per event
  • $50k in prize matching with Ethereum Foundation for initiatives around NFTs, DAOs, zk scaling, and account abstraction
  • $50k for operational costs related to in-person events, such as swag bag items, content creation, and travel reimbursements
  • Up to $50k for unexpected operational or prize expenses in 2023
ApeCoin
Comments

All Comments

Recommended for you

  • BTC breaks through $69,000

     the market shows BTC breaking through $69,000, currently at $69,021.49, with a 24-hour increase of 1.15%. The market is highly volatile, please manage your risk accordingly.

  • Spanish Foreign Minister: Not worried about any consequences of refusing US access to military bases

     on March 3 local time, Spanish Foreign Minister Alvarez defended the Spanish government's refusal to provide the Rota and Moron military bases to the United States for participation in attacks on Iran. Alvarez stated that the operation initiated by the United States and Israel is not supported by the United Nations and is not part of the bilateral agreements allowing the use of the aforementioned Spanish sovereign military bases. Alvarez also said that the Spanish government is not concerned that this stance will have any consequences. Alvarez stated: "The position of the Spanish government represents the will of the vast majority of the Spanish people as well as the vast majority of people worldwide, which is to defend the UN Charter, respect international law, and believe that cooperation is always more powerful than confrontation."

  • Spot gold plunges nearly $100 in the short term.

     spot gold plunged nearly 100 dollars in a short time, spot gold fell below 5170 dollars/ounce, with a daily decline of 2.94%. 

  • BTC falls below $67,000

    the market shows BTC fell below $67,000, currently at $66,996.93, with a 24-hour increase of 1.18%. The market is highly volatile, please manage your risk accordingly.

  • ETH breaks $2,000

    the market shows ETH breaking through $2000, currently at $2001.64, with a 24-hour increase of 2.89%. The market is highly volatile, please manage your risks accordingly.

  • The US spot Bitcoin ETF saw a net inflow of $962.48 million yesterday.

    according to Trader T's monitoring, the US spot Bitcoin ETF had a net inflow of 962.48 million USD yesterday.

  • BTC falls below $66,000

     the market shows BTC fell below 66,000 USD, currently at 65,986.66 USD, with a 24-hour decline of 1.31%. The market is highly volatile, please manage your risks accordingly.

  • BTC falls below $66,000

     the market shows BTC fell below $66,000, currently at $65,973.16, a 24-hour drop of 2.66%. The market is highly volatile, please manage your risks accordingly.

  • ETH breaks $2,000

    market shows ETH breaking through $2000, currently at $2000.29, with a 24-hour increase of 3.73%. The market is volatile, please manage your risk accordingly.

  • The United States uses Anthropic's artificial intelligence technology in its airstrikes in the Middle East.

     United States used Anthropic's artificial intelligence technology in airstrikes in the Middle East, and just hours before the attack, Trump had just issued a ban against Anthropic. 

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company