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  • Writer's pictureKyle

ON THE BALLOT: This AIP Wants To Establish The Framework For A Web3 Development Working Group

There is an Ape Improvement Proposal on the ballot this week that hopes to establish the initial framework for an ApeCoin DAO Web3 Development Working Group whose focus will be on building income-generating projects for the DAO.

AIP-376 titled ‘Working Group Charter - Web3 Development,’ is a process proposal written by ApeCoin DAO Contributor 0xWebMoss.

“It was recently announced that the ApeCoin DAO can receive revenue from AIPs and projects within the Ape and ApeCoin communities,” 0xWebMoss wrote. “There has been much talk around bringing much needed value back to the DAO and believe there needs to be a more structured focus on doing this. The ApeCoin DAO Development Working Group will focus solely on this and aims to create various projects and initiatives that will serve this exact purpose.”

In his AIP, 0xWebMoss proposed that the Web3 Development committee would be comprised of three elected stewards who would be responsible for: 1.Ensuring that the group is acting in the best interest of the community. 2. Supporting community Initiatives which are within the scope of the Groups mandate. 3. Overseeing the group’s budget and expenses. 4.Providing regular updates to the DAO community on the group’s operations and decisions,” according to the proposal.

“We need a hub for anyone with interest or domain expertise to gather, share knowledge and ideas, collaborate on AIPs, and explore the incredible possibilities of web3 development, hackathon events and Y-combinators,” 0xWebMoss wrote. “The Development Working Group will be the DAO’s hub to gather creators, builders, and developers on a regular basis and support community-led initiatives that help fulfill our charter.”

AIP-376 will not cost the DAO anything monetarily today, and any budget that the Web3 Development Working Group may request in the future would have to be voted on by the ApeCoin DAO community.

If passed, AIP-376's Web3 Development Working Group would become the fourth working group in the $Ape ecosystem, joining the Metaverse, Marketing and Communications, and Governance Working Groups.

The window to vote on AIP-376 is currently open and $Apes have until Thursday, February 1st, to cast their coins.


The Bored Ape Gazette is working to find out more about AIP-376 and this committee will impact the DAO. Stay tuned for updates!

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