Introduction
It's crucial to understand why we need a decentralized angel fund by describing the present pain points of crypto fundraising for the three main groups of participants: retail consumers, institutional investors, and projects.
Projects raise funds in a market that rewards shillers rather than its creators. Legitimate initiatives are unobtainable through necessary resources in order to implement due to excessive fees and imposed platform-rent-seeking economics, all whilst futile whitepapers benefit considerably. Projects must raise finances on a tight timeline, rather than prioritize development. Why should a launchpad compel IPOs after Demo Day? For instance, ‘YCombinator’ does not push IPOs after Demo Day, thus, why should a launchpad? Hence why we are building dAngel Fund. Decentralized Angel (dAngel) Fund is an IDO launchpad platform with an ecosystem of entrepreneurs, investors, project teams, and technology partnerships in order to create a connection through DAO mechanisms directly.
Main components of dAngel Fund are:
Launchpad
Staking
$50M Funding Pool for main components and tokenomics for projects
DAO for managing the fund
Solution partner programs
Community rewards
These aspects were intended to create successfully balanced outcomes for the stakeholders participating in dAngel Funds ecosystem of:
Entrepreneurs, innovators, and project teams
dAngel investors i.e, token holders and stakers
Council members
Blockchain ecosystem products & services
We will uncover the major product features and methods of the dAngel Fund ecosystem explicitly throughout this whitepaper, and within each section we will verify how the parties in our ecosystem interact and earn mutual benefits through aforementioned specified dynamics.
While the elements mentioned in this whitepaper are the base versions of the dAngel Fund ecosystem, our DAO will commence from the initial release in order to analyse the details of user interfaces, processes, and numerical metrics with our community, allowing us to release products that have been rigorously tested and enhanced through community feedback loops.
As a result, community-driven input and DAO voting will serve as the backbone of not just our launchpad system, but also the dAngel Fund ecosystem's own product development cycles.We maintain that authentic decentralization, in union with community-driven procedures, will invariably persist at the heart of the dAngel Fund ecosystem and product development cycles.
Technical support
Research and development to construct viable guidance for possible architectural enhancements
Support for a multitude of blockchains to support expansion as well as modify product scope
Propositions for reducing gas fees
High-quality audits, tech integrations, bounty programs, and talent referrals
Tokenomics optimizations
To establish a compact feedback loop on a variety of campaigns, supply data and analytics
Marketing/BD/Operations
Focus on critical "indispensable features" for individual projects
Beyond all communities, localized assistance within operations
Participate in hackathons and assist in its organization
Be of service through the creation of ecosystems including key stakeholders such as validators, users, and developers
Cordial introductions and grant program support alongside ecosystem partners
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