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  • Writer's pictureKyle

ApeCoin DAO Special Council Member BoredApeG Explained Why He Likes AIP-196

Newly elected ApeCoin DAO Special Council Member BoredApeG told the Gazette why he supports Ape Improvement Proposal-196.

As the new Special Council is sworn in, the DAO is faced with a major issue to kick off their term.

As the Bored Ape Gazette previously reported, the ApeCoin DAO rejected the Cartan Group’s administrative contract renewal in December and the company’s contract with the DAO expired on December 31st, 2022.

Since then, a group of roughly 25 ApeCoin DAO contributors have come together to write an AIP that offers a path forward.

This AIP titled, “BORED AIP: Bringing Order and Reliability via Ecosystem Decentralization,” is designed to provide a plan for the next two months and help push the DAO towards a decentralized future, according to its authors.

In AIP-196, Badteeth and the other authors lay out three key problems that the DAO is currently facing after the Cartan Group’s contract renewal was rejected.

“The Problem: 1. Per AIP-113, the current APE Foundation administrator contract expires December 31, 2022,” Badteeth wrote. “2. There is an imperative need to maintain continuity and compliance of APE Foundation operations.3. ApeCoin DAO does not currently have the organizational structure or capabilities to execute any internal operations.”

After Badteeth laid out the problems that the DAO is facing, he and the other authors offered a three-part solution that the community will vote to either accept or reject this week.

“The Solution: 1. Extend contract with current APE Foundation administrator (Cartan Group, LLC.) two months to maintain continuity and compliance,” Badteeth wrote. “2. Implement a transparent Request for Proposals (“RFP”) process to identify future APE Foundation administrators during the extension period (January 1 - February 28, 2022). If necessary, complete handover to future DAO administrator. 3. Form interim working group composed of key DAO stakeholders tasked with developing DAO working group structures and internal capabilities.”

At the time of this article’s publication, 67.45% of $Ape voters are in favor of AIP-196.

As the community decides whether to approve of AIP-196, newly elected Special Council Member BoredApeG told the Gazette why he likes the plan.

"I'm excited for the possibilities for AIP-196 to quickly propel the DAO forward towards further decentralization,” BoredapeG said. “The collective efforts by the community on this proposal has been astonishing to see. I expect Working Group Zero (WG0) will successfully transition duties we reasonably can offload from our Cayman Islands administrator; this will be a significant step forward to further decentralization. WG0 will lay the foundation for future working group AIPs that will be presented after this initial period.”

The window to vote on AIP-196 is currently open and $Ape holders will have until January 4th to cast their ballots.

The Bored Ape Gazette highly encourages every $Ape holder to read the full AIP. You can find it here:

The Bored Ape Gazette is working to bring you more information on AIP-196. Stay tuned for updates!

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