Alpha Finance Lab launches Alpha Venture DAO, helping builders unlock the best mindshare in Web3

Bangkok, Thailand, March 31, 2022, Chain Wire

Alpha Finance Lab launches Alpha Venture DAO, a builders DAO where builders and Web3 users meet to create and incubate cutting-edge Web3 innovations. Builders receive support and mentoring from Terraform Labs, a partner of Alpha Venture DAO, and Alpha Network, a group of more than 50 thought leaders, influencers and leading investors in Web3. Incubated projects can also tap into the alpha community of 100,000 Web3 users.

Alpha Venture DAO is changing the way Web3 projects are funded. It’s a decentralized venture capital fund with its community as its paycheck. Community members can offer expertise and skills for incubated projects and become owners of quality ventures before the project starts and before anyone else, creating a strong incentive for Web3 users to contribute to projects. Essentially, Alpha Venture DAO is changing the way Web3 projects are funded and making project ownership more accessible to the community.

Alpha Venture DAO brings 50+ thought leaders and top minds to Web3. Founders get unique access to hands-on mentorship from Alpha Network including AVA Labs, The Spartan Group, Multicoin Capital, SCB10X, AlphaLab Capital, Jason Choi, Darryl Wang and individuals from Coinbase, Bitmex, Crypto.com Capital, SIG, 1kx, Band Protocol , Acala Network and many more. Incubated projects also receive technical and infrastructure support from Terraform Labs.

“As the Web3 industry is still in its infancy, we believe it will go through several stages of growth. To stay relevant over the next 10 years, we need to be agile in how we create and capture value. For this reason, we don’t just limit ourselves to developing internal products, but have also started to incubate external projects to grow into a multi-chain dApp ecosystem. Therefore, the ALPHA token will be a proxy for Web3 innovation,” Tascha Punyaneramitdee, co-founder of Alpha Venture DAO.

“Terraform Labs is proud to partner with Alpha Venture DAO and support founders building on the Terra ecosystem. We welcome builders who want to join Terra’s rapidly expanding ecosystem to create new use cases leveraging UST stablecoin and the Terra blockchain,” Natalie Luu, Head of Ecosystem Development, Terraform Labs.

To date, Alpha Venture DAO has several multi-million dollar projects in its ecosystem, including Beta Finance, pStake, and GuildFi. Each incubated project has secured funding from Tier 1 VCs and launched successful tokens. The multi-pronged focus on DeFi, NFT and the Metaverse allows the Alpha team to gather knowledge and expertise to support future incubated projects.

Incubation is a pillar for Alpha Venture DAO. The team will continue to develop category-defining products to create synergistic value with the Alpha ecosystem. The Alpha team is behind Homora, the world’s first cross-chain leveraged yield farming protocol, which has achieved over $1.8 billion in aggregate value.

Alpha Venture DAO makes it easier for enthusiasts to access new promising projects and contributes to Web3 innovations. In the future, the community can contribute to Alpha’s own products and vote on DAO governance via the ALPHA token.

Meet some of the mentors on Alpha Network

About Alpha Venture DAO

Alpha Venture DAO is a community of bold individuals striving to shape the future of Web3 by reinventing how decentralized applications are built, contributed and owned. Our vision is to become a multi-chain dApp ecosystem. As part of Alpha Venture DAO, anyone can build, contribute and own Web3 innovation. Builders now have a complete ecosystem to boot their Web3 projects. Web3 users now have a place to make early meaningful contributions to cutting-edge Web3 projects. ALPHA token holders now have a way to sustainably capture real alpha.

contacts

• Nat Wittayatanaseth
• [email protected]

Disclaimer: The views and opinions expressed by the author should not be taken as financial advice. We do not advise on financial products.

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