Artificial Intelligence is top of mind for the Banana Bill team, who recently highlighted the importance of turning ApeChain into "ApeChAIn."
Six months after the ApeCoin DAO voted to fund the 100 million $Ape Banana Bill—that was created to incentivize developers and reward $Apes and Apes— released its first-ever Transparency Report.
In the 25-page document, the Banana Bill team revealed their focus on AI, teasing a redacted upcoming project featuring the technology.
“ApeChain (or, as PPman recently called it, “apechAIn”) aims to be a home for AI-based content and creativity, by leveraging a number of AI agent frameworks and protocols. Some of the protocols will be: Agent frameworks incorporating novel mechanics, tokenomics or UX, and AI Agent or creation engines capable of engaging in multi-step behaviors beyond financialized activity”
The Banana Bill Team also wrote that they are exploring ways for community members to use AI to evolve their digital identities.
finally, the closing statement of the Transparency Report underscored the importance of supporting AI builders while also making real connections with the partners and brands that have shaped the Bored Ape Yacht Club and $Ape ecosystem.
“It goes without saying that AI may eat all categories and products, so anyone pursuing that frontier should know they have a home on ApeChain and support from the Banana Bill,” Waabam wrote. “That being said, it is critical that we never lose sight of cultural innovation and working with iconic partners. Some of the most compelling opportunities lie at the intersection of blockchain and culture, namely collaborations with major brands in sports, media, and entertainment. These types of partnerships elevate ApeChain beyond trends, and anchors us into the zeitgeist of millions. We don’t want to be trend followers, we want to set new ones. To that end, we are actively engaged in bringing globally recognized brands and their communities on-chain, aiming to create both digital and IRL experiences for the ApeChain ecosystem. Collectively, the Advisory Committee is laser-focused on fostering an ecosystem that surprises, delights, and grows. From leveraging social platforms for viral adoption to exploring AI integration and forging world-class partnerships, we are committed to making ApeChain a leader in the Web3 space. 2024 has been about building the foundation. In 2025, we want to continue to live out the mandate for this community and beyond, that we are the best damn club (and chain) in the world.”
As the Bored Ape Gazette previously reported, AI is top of mind not only for the Banana Bill team but also for Yuga Labs.
In the past week, Yuga Labs CEO Garga announced that the company will integrate AI into the Otherside’s initial persistent metaverse launch this June.
Garga also revealed that every AI agent created using AI16Z’s Eliza framework could now ape onto $Ape.
And In December, Garga teased that the Yuga Labs and Wire Network teams were working on creating Otherside AI Agents. At the time he shared a flowchart outlining the transition from an "iNPC (Interactive Non-Playable Character)" to independent AI-driven characters capable of guiding narratives and generating quests for players.
Everyone is invited to read the full Banana Bill Transparency Report for themselves here: https://files.apecoin.com/BB-Transparency-Report.pdf
The Bored Ape Gazette is working to bring you continued coverage on the Banana Bill’s Transparency Report. Stay tuned for updates!