According to ChainCatcher, the ApeCoin community initiated the AIP-222 proposal, proposing the launch of a Web3 streaming platform supported by ApeCoin, allowing content creators to spread through their own networks, directly reach the community, obtain a larger share of advertising fees, retain their intellectual property rights, and share a certain percentage of advertising revenue with the community.

The platform leverages advertisers (AVOD) and FAST channels and creates a new three-way revenue sharing option to empower independent creators around the world and introduce new consumers to the rewards of the APE ecosystem. (Source link)