Investing in Alpha Venture DAO (ALPHA) – Everything You Need to Know – Formerly known as Alpha Finance Labs, Alpha Venture DAO is a decentralized autonomous organization (DAO) to develop a community around Web3 software.
The platform’s research and development division, Alpha Build, is behind several high-profile DeFi initiatives, including the on-chain derivatives platform Alpha X and the leveraged yield farming platform Homora.
The project’s indigenous incubation arm, Alpha Incubate, is a second key part.
Launchpad for multimillion-dollar enterprises like Beta Finance and pStake offers educational and developmental resources to decentralized blockchain initiatives.
According to the project’s whitepaper, as of May 2022, Alpha Incubate had amassed the expertise of more than 50 industry pioneers in filmmaking and Web3 thought leadership.
Community members can also volunteer their time and knowledge to projects in the incubator in exchange for tokens.
What is Alpha Venture DAO?
Together with a network of Web3 industry experts and the Alpha community, members of Alpha Venture DAO aim to define the future of Web3 and grow the Web3 ecosystem.
Regardless of which chains or industries ultimately come to predominate Web3, Alpha Venture DAO plans to be a massive ecosystem of decentralized applications that capture wealth.
To “really” own and contribute to high-quality Web3 projects, the community needs a portal, and Alpha Venture DAO and ALPHA will provide that.
Alpha Venture DAO is the place to be if you value Web3 creativity. The ALPHA coin is now more of a proxy for innovation in general on Web3.
There are two main components to the Alpha Venture DAO ecosystem: “build” and “incubate.”
The Alpha group will keep “building” innovative items that complement one another and dominate their respective chains and industries. Because of this, they can adapt to the ever-shifting Web3 environment, maintain meaningful connections, and provide the insight necessary for other builders to begin and expand successfully.
The Alpha Venture DAO incubator will “incubate” innovative ideas and initiatives in the blockchain industry. In the end, we plan to collaborate with the community to help these incoming Web3 initiatives reach zero and one success levels.
Alpha Venture DAO is reimagining the development, collaboration, and ownership of dApps. For the first time, community members will have the opportunity to invest in and become early adopters of innovative ideas.
Who Founded Alpha Venture DAO (Previously Alpha Finance Lab)?
In 2020, as Alpha Finance Lab, Alpha Venture DAO (ALPHA) went live on the Binance Launchpad for a public token sale.
Alpha Finance Lab was founded in 2020 to create a community of DeFi solutions that may work together to improve consumers’ financial outcomes while reducing the associated risks.
Homora, the world’s first leveraged yield farming platform, was developed as part of Alpha’s commitment to meeting unmet demand in DeFi in a way that is both novel and accessible to end users.
Alpha’s original intention was to create an innovation lab that would promote ground-breaking goods designed to optimize return for crypto holders; these ideas have grown into a wide-ranging ecosystem of services.
Alpha Venture DAO’s project head is Tascha Punyaneramitdee, who previously worked as Band Protocol’s Head of Strategy. Tascha has worked for several major international corporations before joining Alpha Venture DAO, most notably as an investment banking analyst at Jefferies in the United States and the United Kingdom from 2017 to 2018 and as a product manager at the Chinese internet giant Tencent from 2018 to 2020. After attending UC Berkeley, Tascha earned a degree in economics.
Alpha Venture DAO’s other two pillars are Tech Lead Nipun Pitimanaaree and Product Lead Arin Trongsantipong, both of whom work closely with Tascha. Nipun is an MIT graduate with degrees in mathematics and computer science; he placed third in the world at the International Mathematical Olympiad, where he won four gold medals and one silver medal. At both SCB10X and Cleverse, Arin worked as a software engineer.
What Makes Alpha Venture DAO Unique?
Having created the first platform for leveraging yield in farming (Homora) and having incubated billion-dollar projects (Beta Finance, pStake, and GuildFi), as a builder of Web3 products, designers can provide builders with tactical and strategic advice as well as an active and growing community of more than 100K Web3 users to help them get their projects off the ground.
Web3 development is distinct in many ways, from tokenomics to community-building, and the industry is changing at a dizzying rate, rendering past experience irrelevant. In this way, they can guarantee that their guidance and community will always be helpful to you, no matter your specific situation. As a result, they can connect new initiatives with the established Web3 ecosystem and its actual user base from the get-go.
In short, Alpha Venture DAO is unique because we can:
Help developers by providing everything they need to create and release Web 3 projects. Expert builders, industry figures, and seasoned financiers will share their wisdom with the construction industry.
Facilitate participation in Web3 projects from users with diverse skill sets, including UX/UI, full-stack, content production, community building, marketing, etc. You can join Alpha Venture DAO and “own” top-notch projects thanks to your expertise and contributions, which will be made before anybody else.
How Many Alpha Venture DAO (ALPHA) Coins Are There in Circulation?
Out of a total supply of 1 billion ALPHA, 174.1 million are now in circulation.
The total number of ALPHA tokens is distributed as follows, citing Binance’s Alpha Venture DAO white paper:
- Ten percent of all tokens will be available in the Binance Launchpad sale.
- 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.
Products from the Alpha Venture DAO
Alpha Lending is a pool-based decentralized lending mechanism set to launch in September 2020. You can invest in the Alpha Lending pool and receive funding from it.
Lenders on Alpha Lending put their protocol-supported assets into a smart contract that displays the total liquid value of the fund’s holdings to potential borrowers. If you use the Alpha Lending protocol to deposit supported assets, you will get interest-bearing altokens in a quantity equivalent to the supported coin you deposited.
Collateral assets, such as BNB or other backed assets, must be deposited to access the liquidity pool for borrowing purposes. The maximum loan amount you can get from the protocol is determined by the LTV ratio (Loan-to-Value) of the asset you’re using as collateral. The Loan-to-Value (LTV) Ratio Depends on the Collateral Type. For instance, BNB’s LTV ratio is 75%. If you put up BNB as collateral, you’ll get a loan for 75% of the token’s value at the time of the loan’s disbursement.
Alpha Homora has been released in two different versions: V1 and V2. Both the Ethereum blockchain and the Binance Smart Chain host Alpha Homora V1. The ability to leverage yield farming with Alpha Homora is a first for Ethereum-based products, and DeFi members were the first to be offered this option.
The revolutionary Alpha Homora comes from the minds at Alpha Venture DAO. Lenders of Ethereum and BNB can benefit from this since they can potentially receive greater interest rates. Taking leveraged bets on yield farming also allows farmers to increase their yield farming profits.
The new Alpha Homora V2 was released on February 1, 2021, and it greatly improved upon the first version. Leveraged yield farming positions on Uniswap, Balancer, Curve, and SushiSwap are now possible with Alpha Homora V2. It provides leverage of up to 9X on a wide range of assets like ETH and stablecoins.
Value locked in Alpha Homora as of writing is over $1.139 billion, with over $683 million locked in Alpha Homora V1 built on Ethereum and over $153 million locked in Alpha Homora built on the BSC. However, more than $302 million is safely stored in Alpha Homora V2.
AlphaX was launched in 2021. It will allow customers to “hedge” their yield situations in farming terms. Taking cues from Uniswap, AlphaX streamlines the continuous user experience for those on DeFi. Users of DeFi have the option of going long or short on AlphaX.
Users can immediately begin using AlphaX without going through a Know Your Customer (KYC) procedure because it is a non-custodial platform. AlphaX is designed to appeal to a broad population of inexperienced traders, who may find the idea of everlasting trades too daunting.
AlphaX combines both financing rates and prices for perpetual swaps. In this approach, customers won’t have to keep track of the prices themselves. The underlying asset’s price is taken into account automatically to make rate adjustments. This means that neither the short nor the long traders need constant access to capital to maintain their positions.
AlphaX and Alpha Homora, both DeFi offerings from Alpha Venture DAO, are a great illustration of how well they complement one another. You can get the most out of your investments with Alpha Homora. However, with AlphaX, you can reduce the likelihood of adverse outcomes.
Alpha Venture DAO uses the ALPHA token, which has a supply cap of 1 billion. There are now 250,153,035 units of ALPHA in circulation.
There are three possible applications for it. The initial application of ALPHA tokens is in the governance of Alpha Venture DAO, where each token holder will have a voting power proportional to their token holdings. They can vote on important issues concerning Alpha Venture DAO’s offerings.
A utility token is the second type of application. Token holders will be eligible for staking incentives for doing so and a portion of network fees for acting as a liquidity provider. The third application for ALPHA tokens is to allow access to premium features on Alpha Venture DAO’s products.
How to Buy Alpha Venture DAO (ALPHA)
Exchanges where you can buy Alpha Venture DAO (ALPHA) right now:
When it comes to buying and selling cryptocurrencies, this is one of the best marketplaces for people in the United States and the United Kingdom. The Netherlands and Germany are off-limits.
Bitstamp is a reputable cryptocurrency exchange that has been around since 2011. All but Alabama, Hawaii, Idaho, Louisiana, Nevada, and New Jersey residents can join at this time.
The best for most of the world, including Australia, Canada, Singapore, the United Kingdom, and the United Kingdom. Alpha Venture DAO is not available to buyers in the United States.