Alpha Coin

Common Wealth

<h4>Common Wealth is an all-in-one investment platform. It makes VC opportunities available to the 99% that usually don’t have this chance. It does this with its Alpha Fund. This allows retail investors to get access to seed and private sale rounds. So, with Common Wealth, retail can become early-stage investors.</h4>So, let’s take a closer look at what Common Wealth is. We check their Alpha Fund and news updates.Common Wealth and Their Alpha FundCommon Wealth has various fund types. Their most recent fund was a free fund. If you took part in specific tasks, you could earn a slice of their free fund. So, this turned out to be a huge success. During a 3-week period, participants completed 1.6 million online and on-chain actions. The combined X accounts of participating projects saw an influx of 1.7 million new followers.However, Common Wealth also offers various other funds. For example,<ul><li>Themed funds — Capped (user funded) or perpetual (investor funded).</li><li>Evergreen funds — Investor funded.</li></ul>Common Wealth has a strong team, with, among others, Tony Kelly, Tim McCann, and Kyle Chassé. The team members were behind various well-known projects. For example, <a href="https://www.altcoinbuzz.io/?s&#61;cardano" rel="noopener noreferrer nofollow">Cardano</a>, Facebook, Google, or IBM.The team set up the All Street Oracles team. These are top deal finders in crypto. This includes, for instance,<ul><li>Nenter Chow — Animoca Brands, known from the Sandbox and Axie Infinity.</li><li>Kyle Chassé — Web3 builder &amp; innovator.</li><li>Juliet Su — Visionary in the digital frontier.</li></ul>So, Common Wealth has a solid foundation with plenty of space to grow. You don’t want to miss out on this chance of getting in early into projects. See the video below about their first free fund.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/b94fe4ffe5094ac89767fd4c80cf70fb.jpeg" />Common Wealth UpdatesCommon Wealth has a few updates in the pipeline. A couple of things that you can expect soon, are, among others,<ul><li>An upcoming NFT Marketplace — The first tests are underway. This is an innovation with NFTs representing ownership in Web3. It will also be a major revenue generator.</li><li>Dynamic NFT Technology — The team works on developing dynamic NFTs. These are <a href="https://www.altcoinbuzz.io/category/nft/" rel="noopener noreferrer nofollow">NFTs</a> that can change their metadata over time.</li><li>$WLTH Fund Launch — The fund is almost ready. If you are among the top stakers of $WLTH, you can take part in governance. This means that you can vote on community investments. It shows that Common Wealth is community powered.</li></ul>An Exclusive Opportunity for $WLTH HoldersThere’s also an exclusive event scheduled for $WLTH holders only. You can get an invitation once you stake their $WLTH token. The fund details are as follows,<ul><li>Funding Source — Transaction fees. There are already enough fees secured for 3 investments.</li><li>Decision-Making — Top stakers can select proposals to fund.  The $WLTH community will source them.</li><li>Profit Distribution — 50% of investment proceeds are burnt in $WLTH. The other 50% goes to active community stakers.</li></ul>You can buy $WLTH on KuCoin, GateIO, MEXC, or Uniswap. The current <a href="https://coinmarketcap.com/currencies/common-wealth/" rel="noopener noreferrer nofollow">$WLTH price</a> is $0.02415. Its market cap is $1.15 million. Out of 1 billion max and total supply tokens, 47 million circulate. Below is a short guide on how you can stake your $WLTH tokens.<ul><li>Go to their <a href="https://app.joincommonwealth.xyz/" rel="noopener noreferrer nofollow">app</a></li><li>Go to the ‘Invest’ Tab at the Top</li><li>Select your fund</li><li>Click on My investment</li><li>Stake</li></ul>Select the duration of the stake and see how much $WLTH you need. So, to get the best and most benefits, opt for a 12-month period.A New Alpha Fund Project, BluwhaleBluwhale is the third project for their current Alpha Fund. It helps you to turn your digital footprint into your most profitable asset. As a result, it increases the lifetime value of your online presence.Web2 companies collect and monetize your data. However, you don’t share in that profit. In contrast, Bluwhale disrupts this and funnels 90% back to you. Bluwhale leverages AI to achieve this. You can see it more as a social platform. It gives you control over your data back. It enables apps to work together for your benefit.This follows Common Wealth’s motto. Nothing changes if nothing changes.ConclusionCommon Wealth offers you the opportunity to join in early-stage crypto investments. In the same way that VCs can invest in early projects. One of the funds they offer is their Alpha Funds. Their third pick for this fund is Bluwhale. This is an innovative and AI-driven platform that puts you in control over your data.There are plenty of other updates that Common Wealth has coming up. This also includes exclusive events for their $WLTH token stakers.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/85048575d095427c9aa7a15d99d4db55.jpeg" /><img src="https://academy-public.coinmarketcap.com/optimized-uploads/dc8586ebe91c4846b37bc7cb384a06db.jpeg" />DisclaimerThe information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Common Wealth.Copyright Altcoin Buzz Pte Ltd.

Common Wealth, the Platform That Gave You the Alpha Fund

Altcoin Buzz

Άλλα άρθρα που δημοσιεύτηκαν στις 25 Ιουλ 2024

Ethereum Price Drops 8%: What’s Next for the Altcoin Giant?

Riot Platform buys Kentucky-based Block Mining for $93M

Grayscale's Major Ethereum Moves: Strategic Shift or Market Reaction?

Jimmy Song criticizes BTC 2024 speakers—'Not what makes Bitcoin great'

Forbes Attacks Harris’s Economic Policies

WaterBuffalo, Vietnam’s Iconic Meme Coin, Launches New App

Join our free newsletter for daily crypto updates!