Table of Contents
ToggleAlpha Venture DAO token is a community of crypto enthusiasts who work on building the Web3 space and also expand the ecosystem together with Web3 industry leaders and the Alpha community. The main aim of the platform is to become the leader in the DeFi space which captures the value regardless of which chains or sectors dominate Web3 in the future.
The Alpha Venture DAO and its native token ALPHA, are the bridge for the community who may contribute towards the Web3 space. Observing the purpose of the platform, it is quite evident that the ALPHA token is a proxy for Web3 innovation rather than being restricted to just a single token.
Launch Date | October 2018 |
Founder | Tascha Punyaneramitdee |
Blockchain Protocol | Alpha Chain |
Native Token | ALPHA |
Market Cap | $65.44 million |
Token Type | Native and Governance ERC 20 token |
Circulating Supply | 750 million |
Max Supply | 1 billion |
Consensus Method | Proof-of-Work |
Read more: Crypto Listing Festival by CoinDCX – Rewards worth 20lakhs up for Grabs!
Who Are the Founders of Alpha Venture DAO?
Alpha Venture was previously launched as Alpha Finance Lab through a token sale on the Binance launchpad. The main aim of the ecosystem was to establish such an ecosystem of DeFi applications that attract most of the profits within minimum risks. Tascha Punyaneramitee who is the founder and the project lead of Alpha Venture DAO was previously working as Head of Strategy at Band Protocol where he gained extensive experience working with global firms.
The founder previously also worked as an investment banking analyst at Jefferies from 2017 to 2018 and as a product manager at Tencent from 2018 to 2020.
How Does Alpha Venture DAO Work?
The working of the entire Alpha Venture DAO depends primarily on 2 main components,
-
Alpha Build
The Alpha team is committed to producing cutting-edge products with synergies to dominate the corresponding market across multiple chains. To do so, each of Alpha’s products is organized systematically by the team, intending to capture the unaddressed demand in Web3 in an innovative and user-friendly way. These products mainly address the market gap and the respective problems the sector is in.
Further, the Alpha team chooses to evaluate the ones that have clear unaddressed demand and market gaps, bringing collaboration to the Alpha Ecosystem. The flagship product, Homora is a leveraged yield farming and liquidity-providing platform in DeFi. Today Homora V2 is a multi-chain platform on Ethereum, Avalanche, Fantom and many more.
-
Alpha Incubate
This arm of Alpha Venture DAO, incubates new innovations and new projects in the crypto space. It selects and mentors high-quality Web3 projects for smooth launch including strong products, community, investors, etc. The team here mainly focuses on long-term innovations and come together to expand the Web3 boundaries with unique use cases.
The Incubate arm offers 3 main value propositions:- Operating experience where developers share strategic & tactical advice, Community of heavy Web3 users and Track Record.
What Makes Alpha Venture DAO Unique-Uses Cases?
The Alpha Venture DAO is unique because,
- Builders are supported by providing a one-stop solution to build and launch their Web 3 projects, through which they get knowledge from experienced developers, leaders and veteran investors.
- The Web3 users get access to UX/UI, full-stack, content creation, community building, marketing, etc.
Alpha Venture DAO Price Analysis
Source: Tradingview
- Alpha Venture DAO token has been trading along the lower support since the market witnessed a steep downfall in the first week of November
- Since then, the price has been stuck up along 0.236 FIB levels, which is acting as major support as the price is facing constant rejections when attempted to propel higher
- Presently, the ALPHA price which resides at 0.236 FIB levels may either break above to reach 0.38 FIB levels at $0.0984 which may enable the price to surpass $0.1
- Conversely, a bearish case may appear if the market witnesses another steep fall that could drag the price towards the November lows at around $0.07.
Alpha Venture DAO Price Today | $0.08726 |
Price Change <Yearly> | +0.8% |
Market Dominance | 0.01% |
Market Rank (as per CMC) | 283 |
Market Cap | $65.44 million |
Fully Diluted Market Cap | $87.25 million |
ATH | $2.92 |
ATL | $0.02 |
Prices as of December, 2022
Read more: Crypto Price Predictions
How to Buy Alpha Venture DAO in India?
Buying Alpha Venture DAO token is pretty simple and safe on CoinDCX which is the leading bitcoin and crypto investment App in India. To register, all you need to do is follow the below-mentioned steps,
- Download the CoinDCX App on your smartphone
- Enter the required details
- Complete KYC
- Once your profile is verified, fund your wallet and buy ALPHA token.
Additional Read: Top DAO Crypto Projects 2022
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