What is Alpha Venture DAO?
Cryptoforce|Alpha Venrture DAO is a popular choice among investors looking to trade altcoins. However, before you Trade ALPHA, it is essential that you know what you are investing in. Let's find out what's ALPHA and how it works.
The Alpha Venture DAO is a group of risk-takers who want to help influence the future of Web3 and grow the Web3 ecosystem by connecting with other thought leaders in the Web3 industry and the Alpha community. Regardless of which chains or industries ultimately emerge to dominate Web3, Alpha Venture DAO plans to create a huge ecosystem of decentralized apps that capture value. When it comes to high-quality Web3 projects, the community will be able to "truly" own them through Alpha Venture DAO and ALPHA. Those that value Web3 innovation may join Alpha Venture DAO. The ALPHA coin is now more of a proxy for innovation in general on Web3.
The Alpha Venture DAO ecosystem has 2 components: building and incubating.
The Alpha team will continue to "build" cutting-edge goods with synergies that dominate their respective marketplaces across many chains and verticals. Even though the Web3 ecosystem is always shifting, this helps the project maintain its relevance, make the proper connections, and understand the specific requirements of other builders for launch and growth.
Alpha Venture DAO's incubator division will "incubate" novel ideas and businesses in the blockchain industry. Ultimately, the project aims to collaborate with the community to help these new, high-quality Web3 initiatives scale from 0 to 1 and beyond.
When it comes to creating, contributing to, and owning dApps, Alpha Venture DAO is redefining the process. The community will be able to invest in and become a part of potential enterprises at an early stage, giving them a chance to reap the rewards of ownership for the first time.
How is Alpha Venture DAO different?
Alpha DAO is a Web3 product incubator with a proven track record of incubating billion-dollar projects like Beta Finance, pStake, and GuildFi, as well as providing tactical and strategic advice to product builders and an active and growing community of more than 100K Web3 users. Alpha DAO is responsible for creating the world's first leveraged yield farming platform, Homora.
Tokenomics and community development are two of the many aspects of Web3 development that set it apart from other platforms, and the rapid rate at which the industry is changing has rendered previous experience irrelevant. The project's continued product development in tandem with its users assures that its advice and community will continue to be useful to users in a wide variety of contexts. As a result, it may give startups an actionable blueprint for creating and releasing products and access to an active user base for Web3 from the get-go.
The Alpha Venture DAO stands apart from the crowd because it is able to:
Provide a centralized location where developers can go to get all the resources they need to create and release Web 3.1 projects. The builders will benefit from the wisdom of seasoned investors, thought leaders, and other builders.
Allow users of Web3 with experience in any area (UX/UI, full-stack, content production, community building, marketing, etc.) to participate in Web3 initiatives.
How many ALPHA coins are in circulation?
The ALPHA token represents Web3 innovation as a whole and is not tied to any specific product or project.
By staking their ALPHA tokens, token holders can earn protocol fees from Alpha's own products and tokens from incubated startups. Therefore, the tokens of these prospective Web3 initiatives have various usefulness, ranging from voting rights to early access to these new products. In the future, the ALPHA token will also be used to cast votes on DAO governance and decisions regarding Alpha products.
The ALPHA token was introduced with a circulating supply of 174.1 million out of 1 billion.
According to Binance's Alpha Venture DAO article, the total supply of ALPHA tokens is allocated as follows:
- Binance Launchpad Sale:10.00%
- Binance Launchpool:5.00%
- Private Sale:13.33%
- Liquidity Mining:20.00%
- Team & Advisors:15%
- Ecosystem:36.67%
Team tokens will be completely vested by March 2024.
Network Security
Given that it is an ERC-20 token, ALPHA is backed by Ethereum, which is widely considered to be the most secure and reliable blockchain platform currently available. Its extensive proof-of-stake (POS) network ensures the system's safety.
In addition to its own team of developers and researchers, Alpha Venture DAO also depends on third-party audits to assure the safety of its smart contracts. Alpha Venture DAO, for instance, has had Trail of Bits, Consensys, OpenZeppelin, PeckShield, and Quantstamp examine the Homora V2 smart contract code.
Founders
Alpha Venture DAO (ALPHA) debuted in 2020 as Alpha Finance Lab following a public token sale.
Alpha Finance Lab was founded in 2020 to construct a DeFi ecosystem that maximizes rewards and minimizes risks. Alpha products concentrate on capturing unmet DeFi demands in an innovative and user-friendly approach, and Homora, the world's first leveraged yield farming platform, was developed. Alpha sought to become an innovation lab that promotes revolutionary products that optimize returns for crypto investors. Today, these innovations have expanded into an ecosystem of products.
Tascha Punyaneramitdee, Alpha Venture DAO's project head, was Head of Strategy at Band Protocol. Tascha formerly worked as an investment banking analyst at Jefferies in the US and UK from 2017-2018 and as a product manager at Tencent from 2018-2020. UC Berkeley's Tascha studied economics.
Tascha is joined by Tech Lead Nipun Pitimanaaree and Product Lead Arin Trongsantipong. Nipun, a graduate of MIT in Mathematics and Computer Science, earned 4 gold medals and 1 silver medal in the International Mathematical Olympiad. Arin was a developer at SCB10X and Cleverse.
Where Can You Buy ALPHA?
ALPHA is available on the licensed cryptocurrency exchange CryptoForce and several other national and international exchanges.
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