DPAD Finance: The World’s First Social Venture Builder in Web3 Arena
In a very significant way, DPAD is revolutionizing the way startups raise capital to bring their ideas to life. Principally, it is our mission at DPAD Finance to democratize fundraising and crypto investments, and we are taking numerous steps to achieve the set goals. However, it is important to re-emphasize to our audience what social venture building means and why it matters for the blockchain industry as well as Web3 in general.
What is Social Venture?
In the simplest terms, social venture is a “program” that gives startup project founders access to experts on Web3 development and applications. While founders can easily come up with different ideas in the crypto space, DPAD offers its expertise in building and scaling products that are market worthy. The scope of our functions includes, but is not limited to, fundraising, incubation of ideas, commercialization of projects, recruitment, and operations, as well as legal assistance.
Five Stages in DPAD’s Social Venture Builder Programme.
1. Ideation to Implementation
This stage is two-faced. The project founder, for example, will have to come up with an idea that requires incubation and assistance from DPAD’s network, or the DPAD team itself could come up with an idea for a founder. With the consciousness that the idea has to be market-ready, DPAD helps with this evaluation to ensure that the product is hitting the right market and at the right time.
This is a continuation of the first step whereby DPAD will scrutinize selected ideations and conduct a quality-assurance check on targeted customer base, business models and many other important criteria that founders frequently overlook. This validation or refutation of ideations will ensure product-market-fit synchronization even before the product is rolled out.
3. Product Development and Creation
Once DPAD has analyzed a project idea and it is mapped-out as a good one, the team will proceed to the implementation, execution and development of the project. Here, DPAD will leverage its resources of developers and creators to ensure that the project has a professional outlook, with no bugs and issues.
Once the product is live, the spinout stage is next. We have a tested method of spinning out a project that has been fine-tuned by our team of experts. This stage involves active collaboration with staff, funding and venture investors for a very short time. These efforts will hasten up the activation of validated projects.
Since building and managing projects is a daunting task, most founders are not able to scale their products due to a lack of experience and resources. DPAD helps to ensure that different projects scale vertically, leaving the founder with more time to take care of other important backend issues about the business.
Why Does Social Venture Building Matter?
DPAD’s social venture building automates a large portion of the workflow required in building a crypto startup.
DPAD helps to facilitate founders that know what they want to build, but are not armed with the full understanding of how to create and actualize the product.
DPAD also reduces or at best, removes a lot of stress that comes about from building a project, such as legal assistance and access to funds.
It is therefore obvious that social venture building helps startups get to market faster and easier, with perfectly working products and as well a community of investors.
There is a keen competition for attention in the crypto market and it is oftentimes very difficult to pick the projects that are perfectly functioningwith marketable utilities. DPAD’s Social Venture, therefore eliminates these problems by ensuring proper product testing before development even begins. This will ensure that more projects succeed in the long run and will reduce losses to investors due to slow rugs. The final point, and perhaps the most important, is that DPAD is the world’s first social venture builder and it reduces the frequency at which projects with good ideas fail due to lack of funding and necessary professional support.
About DPAD Finance
Dpad protocol is the world’s first social venture builder creating the next generation Launchpad for founders focused on decentralized Web3 platforms. DPAD has a mission to give wings to upcoming great ideas in the Blockchain ecosystem by providing a completely decentralized, transparent, and simple to use platform for project fundraising and investment opportunities in blockchain startups.
Learn more about DPAD on the following links: