[PRESS RELEASE – Singapore, April 14, 2022]
TiTi announced another solid step towards building the future of web3, joining Alpha Venture DAO and becoming the first algorithmic stablecoin project in Alpha ecosystem. By establishing a strategic relationship with Alpha Venture DAO and Alpha Ecosystem partners, TiTi can better contribute to the development and improvement of DeFi and Web3.
TiTi gains momentum towards a new era of Algorithmic Stablecoin
TiTi Protocol is a fully decentralized, multi-asset reserve-backed, use-to-earn algorithmic stablecoin that aims to provide diversified and decentralized financial services based on the crypto-native stablecoin system and autonomous monetary policy. Alpha Venture DAO as well as the whole universe are a perfect pitch for TiTi to make a real difference. The cooperation will be carried out in various aspects such as community, products, technology, security and tokenomics. TiTi Protocol’s use-to-earn token economic design will maximize the benefits of defi users and streamline the interoperability among Alpha ecosystem projects.
How will Alpha Venture DAO power TiTi Protocol?
Alpha Venture DAO disrupts the way Web3 projects are being funded. It is a decentralized venture capital fund with its community as its paycheck. Community members can offer expertise and skills to incubated projects and become owners of high-quality ventures before the project launch and ahead of anyone else, creating a strong incentive for Web3 users to contribute to projects.
Alpha Venture DAO can bring TiTi with more than 50 thought leaders and top minds in Web3. TiTi will get a unique access to hands-on mentorship from Alpha Network, including AVA Labs, The Spartan Group, Multicoin Capital, AlphaLab Capital, Jason Choi, and individuals from Coinbase, Bitmex, Crypto.com Capital many more.
About Alpha Venture DAO
Alpha Venture DAO, a Builders’DAO, where builders and Web3 users meet to build and incubate cutting-edge Web3 innovation. Builders will receive support and mentorship from Terraform Labs, who is a partner of Alpha Venture DAO, and Alpha Network, a group of more than 50 thought leaders, influencers and leading investors in Web3. Incubated projects can also tap Alpha’s community of 100,000 Web3 users.
About TiTi Protocol?
TiTi Protocol aims to bring a new type of elastic supply algorithm stablecoin solution to DeFi and Web3 that incorporates the Multi-Asset Reserves mechanism.
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Source: https://cryptopotato.com/titi-protocol-join-alpha-venture-dao-to-initiate-a-brand-new-era-for-algorithmic-stablecoin/