ApeCoinIRL: Decentralized Event Network to Boost Web3 and ApeCoin Ecosystem

It is reported that the ApeCoin community has launched the proposal AIP-226, which mentions that it will create a decentralized event network, ApeCoinIRL, to attract more Web3 and ApeCoin ecosystem users. The network will help the community create small local gatherings, information events, and global expositions and conferences. At the same time, it will build a cutting-edge technology stack integrating the main calendar, Active Directory, CRM and ticketing applications, Ultimately, it becomes the IRL distribution network in DAO. However, the proposal does not seem to have received community support. At the time of writing, the opposition vote was as high as 94.04%, the approval vote was 5.02%, and the abstention vote was 0.94%. The deadline for voting on the proposal is April 13th.

ApeCoin initiated the proposal to create a decentralized event network, ApeCoinIRL, with over 94% of current opposition votes

Have you heard of ApeCoinIRL? It’s a proposal from the ApeCoin community to create a decentralized event network that aims to attract more users to the Web3 and ApeCoin ecosystem. This innovative network will allow the community to organize local gatherings, conferences, and expositions using cutting-edge technology. But, despite its potential benefits, the proposal has not received much support from the community. In this article, we’ll explore what ApeCoinIRL is, how it works, and why it has faced opposition.

What is ApeCoinIRL?

ApeCoinIRL is a decentralized event network proposed by the ApeCoin community. The aim behind this proposal is to create a platform where users can organize small local gatherings, information events, and global conferences to promote the ApeCoin ecosystem. The network will use the latest technology stack, including the main calendar, Active Directory, CRM and ticketing applications, to provide seamless integrations and an enhanced user experience. Ultimately, ApeCoinIRL will become the IRL distribution network in DAO.

How Does ApeCoinIRL Work?

ApeCoinIRL is designed to be a decentralized network, which means that it won’t be controlled by any central authority. Instead, the community members will be responsible for organizing events and managing the network. The network will rely on blockchain technology and smart contracts to ensure transparency and security.
The main calendar in ApeCoinIRL will allow users to schedule and manage their events. The Active Directory will help organizers to create and maintain a database of participants, speakers, and sponsors. The CRM will provide tools for organizing and promoting events, while the ticketing application will handle ticket sales.
Users will be able to access and use ApeCoinIRL by staking ApeCoin tokens. The more tokens a user stakes, the more access they will have to the network’s features and benefits. The network will also offer rewards and incentives to users who organize successful events.

Why is ApeCoinIRL Facing Opposition?

Despite its potential benefits, the ApeCoinIRL proposal has faced significant opposition from the community. At the time of writing, the opposition vote was as high as 94.04%, while the approval vote was only 5.02%, with the rest being abstentions.
There are several reasons for this opposition. Some community members believe that ApeCoinIRL is not a priority, and there are other pressing issues that need to be addressed first. Others are concerned about the feasibility of the proposal and whether it can be effectively implemented. There are also concerns about the potential costs associated with ApeCoinIRL, as well as the potential risks associated with staking ApeCoin tokens.

Conclusion

ApeCoinIRL is an exciting proposal that aims to create a decentralized event network for the ApeCoin ecosystem. It has the potential to attract more users to Web3 and promote the ApeCoin community. However, the proposal has yet to gain momentum and faces significant opposition from the community. It remains to be seen whether ApeCoinIRL will become a reality or not.

FAQs

1. What is ApeCoinIRL?
ApeCoinIRL is a proposal from the ApeCoin community to create a decentralized event network that aims to attract more users to the Web3 and ApeCoin ecosystem.
2. How does ApeCoinIRL work?
ApeCoinIRL will rely on blockchain technology and smart contracts to ensure transparency and security. Users will be able to access and use ApeCoinIRL by staking ApeCoin tokens.
3. Why is ApeCoinIRL facing opposition?
The proposal has faced opposition from the community due to concerns about its feasibility, potential costs, and associated risks.