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.
ALPHA price and tokenomics
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.
About the founders
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.
