[Bangkok, March 31st, 2022] – Alpha Finance Lab launches Alpha Venture DAO, a builder DAO, where builders and Web3 users meet to create and incubate cutting-edge Web3 innovation.
Builders will receive support and mentorship from Terraform Laboratories, which is a partner of Alpha Venture DAO, and Alpha Network, a group of over 50 Web3 thought leaders, influencers and top investors. Incubated projects can also leverage the Alpha community of 100,000 Web3 users.
Alpha Venture DAO is disrupting the way Web3 projects are funded. It is a decentralized venture capital fund with its community as its salary. Community members can offer their expertise and skills to incubated projects and become high-quality business owners before the project launch and before anyone else, which strongly encourages Web3 users to contribute to projects. Essentially, Alpha Venture DAO is changing the way Web3 projects are funded, making project ownership more accessible to the community.
Alpha Venture DAO brings together more than 50 thought leaders and great minds from Web3. Founders will have unique access to hands-on mentorship from Alpha Network, including AVA Labs, The Spartan Group, Multicoin Capital, SCB10X, AlphaLab Capital, Jason Choi, Darryl Wangand individuals from Coinbase, Bitmex, Capital Crypto.com, SIG, 1kx, Band Protocol, Acala Network and much more. The incubated projects will also receive technical and infrastructural support from Terraform Laboratories.
“As the Web3 industry is still in its infancy, we believe it will go through several phases of growth. In order to stay relevant over the next 10 years, we need to be nimble in how we create and capture That’s why we don’t limit ourselves to creating in-house products, but also started incubating external projects to become a multi-channel 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 provide support to founders building on the Terra ecosystem. We welcome builders who want to join the fast-growing Terra ecosystem to build new new use cases leveraging the UST stablecoin and the Terra blockchain,” Natalie Luu, Ecosystem Development Manager, Terraform Labs.
So far, Alpha Venture DAO has several multi-million dollar projects within its ecosystem, including Beta Finance, pStake, and GuildFi. Each incubated project has secured Tier 1 VC funding and launched successful tokens.
The multi-pronged focus on DeFi, NFT, and the metaverse allows the Alpha team to gather knowledge and expertise to help future incubated projects.
Incubation is one of the pillars of Alpha Venture DAO. The team will continue to create 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 raised over $1.8 billion in total value locked.
Alpha Venture DAO makes it easier for enthusiasts to access promising new projects and contribute to Web3 innovations. Going forward, the community will be able to contribute to internal Alpha products and vote on DAO governance via the ALPHA token.
Meet some of Alpha Network’s mentors
About Alpha Venture DAO
Alpha Venture DAO is a community of bold individuals who aspire to shape the future of Web3 by reinventing the way decentralized applications are built, contributed and owned.
Their vision is to become a multi-channel dApp ecosystem. By being part of Alpha Venture DAO, anyone can create, contribute and own Web3 innovation.
Builders now have a complete ecosystem to start their Web3 projects. Web3 users now have a place to meaningfully contribute to cutting-edge Web3 projects right from the start. ALPHA token holders now have the ability to sustainably capture true alpha.
All information contained on our website is published in good faith and for general information purposes only. Any action the reader takes on the information found on our website is strictly at their own risk.