Extra, extra, read all about it! NFT Labs Magazine has an Ape Improvement Proposal on the ballot this cycle that aims to keep their physical publication on store shelves around the world for another year!
AIP-545, titled “Beyond the NFT: Renewal of NFT Labs Magazine’s Plan for Empowering ApeCoin’s Global Community,” is an ecosystem fund proposal written by ApeCoin DAO contributor and Elite Apes Founder, JasonJape.
Getting the word out about Apes and $Ape is crucial, and NFT Labs Magazine has been doing just that since the DAO approved their AIP in 2023. Over the past year, the outlet has distributed more than 40,000 magazines across 8 issues in 1,200 locations, reaching over 50,000 readers, according to Jason. They plan to keep that momentum going into 2025 with their renewal AIP!
“Building on the success of our previous AIP-314, which was well-received by the community, we are proud to announce that we have produced two years of Apefest editions,” Jason wrote. “This proposal aims to continue promoting ApeCoin and Yuga ecosystem news and projects to both our existing audience and beyond. Our strategy includes generating content that spotlights community projects, ApeCoin DAO news, and Yuga initiatives, while also allowing communities such as MBA, Mocaverse, Pudgy Penguins, Azuki, Thank Ape and GWG to contribute contents upon selection.”
In total, Jason and the NFT Labs Magazine team are asking the DAO to allocate $168,000 USD worth of $Ape to the project. With these funds, they will create six magazines over the next year on a bimonthly basis.
Take a look at NFT Labs’ budget below:
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