Cena Alpha Venture DAO (ALPHA)

What is Alpha Venture DAO (Previously Alpha Finance Lab) (ALPHA)?

Alpha Venture DAO is a community of daring individuals who aspire to shape the future of Web3 and expand the Web3 ecosystem together with a network of Web3 industry leaders and Alpha community. Alpha Venture DAO aims to be a massive ecosystem of decentralized applications that capture value regardless of which chains or sectors dominate Web3 in the future. Alpha Venture DAO and ALPHA will be the gateway for the community to contribute meaningfully and "truly" own high-quality Web3 projects. If you believe in Web3 innovation, then Alpha Venture DAO is the place for you. ALPHA token is no longer a token for just one single product or project, but rather a proxy for Web3 innovation.

The Alpha Venture DAO ecosystem is made up of 2 parts: build and incubate:

The Alpha team will continue to "build" cutting-edge products that have synergies and dominate their corresponding markets across multiple chains and verticals. This allows us to stay relevant with the landscape, be connected with the right people, and know exactly what other builders need to launch and grow successfully despite the continuous change in Web3 landscape.

The incubator arm of Alpha Venture DAO will "incubate" new innovations and new projects to the crypto space. Ultimately, we will work with the community to mentor these incoming high quality Web3 projects to grow from 0-to-1 and 1-to-100.

Alpha Venture DAO is reinventing how decentralized applications (dApps) are built, contributed, and owned. For the first time ever, the community will have the chance to contribute to and join promising projects early on, and by contributing, they get to be owners of these projects.

Who Are the Founders of Alpha Venture DAO (Previously Alpha Finance Lab)?

Alpha Venture DAO (ALPHA) launched in 2020 as Alpha Finance Lab, following a public token sale on the Binance Launchpad.

Starting in 2020, Alpha Finance Lab was established with the goal to build an ecosystem of DeFi products that interoperate to maximize returns while minimizing risks for users. Alpha products focus on capturing unaddressed demands in DeFi in an innovative and user-friendly way and that’s how product Homora, the world’s first leveraged yield farming platform, was born. Alpha aimed to become an innovation lab that pushes groundbreaking products that maximize return for crypto holders, in which today, the innovations have extended into an expansive ecosystem of products.

Tascha Punyaneramitdee, Alpha Venture DAO’s project lead, was the former Head of Strategy at Band Protocol. Prior to her position at Alpha Venture DAO, Tascha gained extensive experience working with global financial firms — most recently working as an investment banking analyst at Jefferies from 2017-2018 in the US and the UK, and product manager at technology giant Tencent from 2018 to 2020. Tascha graduated in Economics from UC Berkeley.

In addition to Tascha, the Alpha Venture DAO core team also includes Tech Lead Nipun Pitimanaaree and Product Lead Arin Trongsantipong. Nipun is a graduate in Mathematics and Computer Science from Massachusetts Institute of Technology (MIT) who won 4 gold medals and 1 silver medal ranked third globally in mathematics at the International Mathematical Olympiad. Arin was a Software Engineer at SCB10X and Cleverse.

What Makes Alpha Venture DAO Unique?

As a builder of Web3 products, with a track record of building the world’s first leveraged yield farming platform, Homora, as well as a track record of incubating billion-dollar projects, such as Beta Finance, pStake, and GuildFi, we offer builders tactical and strategic advice and an active and growing community of more than 100K Web3 users for builders, like you, to kickstart your project.

There are multiple things that are unique to building in Web3 from tokenomics to community building, and the industry keeps evolving at a breakneck pace making experience obsolete. By continuing to build products alongside you, we ensure our advice and community remain relevant for you across diverse circumstances. Hence, we are able to provide projects with a replicable playbook for building and launching projects and the real Web3 community of users from day 1.

In short, Alpha Venture DAO is unique because we can:

Support builders by being a one-stop shop for them to build and launch their Web 3 projects. Builders will get insightful knowledge from experienced builders, thought leaders, and veteran investors.

Provide access for Web3 users with expertise in any fields, such as UX/UI, fullstack, content creation, community building, marketing, etc., to contribute to Web3 projects. With your skillset and talent, you can become contributors of Alpha Venture DAO and ‘own’ high-quality projects ahead of anyone else.

How Many Alpha Venture DAO (ALPHA) Coins Are There in Circulation?

The ALPHA token was initially launched with a circulating supply of 174.1 million tokens out of a total of 1 billion ALPHA.

According to Binance’s Alpha Venture DAO paper, the total supply of ALPHA tokens is allocated as follows:

Binance Launchpad Sale: 10.00% of the total token supply

Binance Launchpool: 5.00% of the total token supply

Private Sale: 13.33% of the total token supply

Liquidity Mining: 20.00% of the total token supply

Team & Advisors: 15.00% of the total token supply

Ecosystem: 36.67% of the total token supply

Team tokens are locked until August 2021 and will be fully vested by March 2024.

How Is the Alpha Venture DAO Network Secured?

As an ERC-20 token, ALPHA is backed by one of the most robust and secure blockchain networks in popular usage — Ethereum. It is kept secure by its extensive proof-of-work (POW) mining network, which uses an army of dedicated miners to maintain the integrity of the network.

Although Alpha Venture DAO has dedicated developers and researchers, it also relies on external audits to ensure its smart contracts are secure. For example, Alpha Venture DAO has enlisted Trail of Bits, Consensys, OpenZeppelin, PeckShield and Quantstamp to audit the smart contract code for Homora V2.

What can Alpha Venture DAO (ALPHA) token holders do?

ALPHA token is not a token for just one single product or project, but rather a proxy for Web3 innovation.

Token holders can stake ALPHA tokens to become eligible to receive protocol fees from Alpha’s in-house products and tokens from incubated projects. Consequently, the tokens of these promising Web3 projects have multiple utility from the rights to govern to using these new products before anyone else. In the future, you will also be able to contribute to Alpha products and vote on the DAO governance through the ALPHA token.

Appendix Alpha Venture DAO’s Community Alpha Venture DAO is a community of daring individuals who aspire to shape the future of Web3. It is the gateway to cutting edge decentralized applications and Web3 innovation. Builders have a complete ecosystem to bootstrap their Web3 projects. Web3 users have a place to contribute meaningfully to cutting edge projects early on.

Join our community via this Discord server link!

Community and social channels (data as of March 28th 2022)

Discord 7,130 members

Alpha Venture DAO Twitter Account 97,200 followers

Homora Twitter Account 1,780 followers

Telegram Main 7,724 members

Telegram Announcement Channel 1,392 members

Facebook 6,123 followers

Youtube 701 subscribers

Website https://alphaventuredao.io/

Documentation https://docs.alphaventuredao.io/