Introducing Alpha Venture DAO – A Builder DAO for Web3 Projects
- Alpha Finance Labs announces a new DAO for builders – Alpha Venture DAO.
- Alpha Venture DAO will build and incubate cutting-edge Web3 innovation.
- Builders will work closely with Terraform Labs and Alpha Network’s community of 50+ personalities in Web3 spaces.
Alpha Finance Lab has announced the launch of Alpha Venture DAO – a builder DAO combining builders and Web3 users. This is with the aim of building and incubating cutting-edge Web3 innovation.
Builders will receive support and mentorship from Terraform Labs, a partner of Alpha Venture DAO and Alpha Network. The latter is a group of more than 50 leading investors, influencers and thought leaders in Web3. Additionally, incubated projects will have the opportunity to leverage Alpha’s community of 100,000 Web3 users.
Founders of Alpha Venture DAO will have unique access to close mentorship from Alpha Network – this includes AlphaLab Capital, Multicoin Capital, SCB10X, The Spartan Group, AVA Labs, Darryl Wang, Jason Choi; alongside individuals from Crypto.com Capital, Acala Network, Bitmex, Coinbase (NASDAQ:), SIG, 1kx, Band Protocol and many more. Additionally, incubated projects will receive technical and infrastructural support from Terraform Labs.
Alpha Venture DAO co-founder Tascha Punyaneramitdee said they believe Web3 is still in its infancy. “As the Web3 industry is still in its infancy, we believe it will go through several phases of growth. To stay relevant over the next 10 years, we need to be agile in how we create and capture value. »
That’s why we don’t limit ourselves to creating internal products, but also started to incubate external projects in order to become a multi-channel dApp ecosystem. Therefore, the ALPHA token will be a proxy for Web3 innovation
Meanwhile, Terraform Labs Ecosystem Development Manager Natalie Luu shared her pride in partnering with Alpha Venture DAO and supporting founders who rely on the ecosystem. “We welcome builders who want to join Terra’s rapidly growing ecosystem to build new use cases leveraging the UST stablecoin and Terra blockchain,” Luu said.
Currently, Alpha Venture DAO contains several multi-million dollar projects in its ecosystem. For example, Beta Finance; GuildFi; and pStake. Each incubated project has secured Tier 1 VC funding and launched successful tokens. The simultaneous focus on NFTs, DeFi, and the metaverse has helped the Alpha team gather expertise to help future projects.
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