Metaverse Event with Alvara Protocol

Interactive AMA (Ask Me Anything) from Metaverse: Metaverse Event with Alvara Protocol

Key Insights
The Alvarra Protocol is building a new token standard and platform for decentralized money management, aiming to merge traditional and decentralized finance and create a true meritocracy in money management.
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🎙️ Guests conversed with Joey Van Etten, BD Head of Alvara. He discussed the impact on DeFi through the new ERC 7621 token standard, democratization of funds management, potential inclusion of real world assets, and security measures in web3.

🟣 The custom-built event space was decorated in Alvara Protocol's brand colors, and guests discovered the project while hearing Joey's vision for the future of finance.

🌐 We have had the pleasure of collaborating with Alvara, demonstrating how Everdome's metaverse platform brings web3 projects and their audiences closer to an interactive, intimate and dynamic environment.

2024/04/17 Interactive AMA from the metaverse with Alvara Protocol | Metaverse Events

Key Insights

🎉 Our token standard ERC 7621 has been merged into the main Ethereum GitHub and has contributed significantly to the DeFi infrastructure.
📊 The leaderboard displays all performance indicators and fund details, creating transparency and accountability in the metaverse.
📈 BlackRock's CEO talking about tokenizing financial assets indicates that there is growing hype around the concept, but Alvara Protocol is actively working with the tokenization project to incorporate tokenized real-world assets into the fund. incorporated into the fund.
🏆 Giving non-financiers the opportunity to compete with large corporations creates a level playing field in the financial markets.
💬 This project aims to address ragple and security concerns that are critical to mainstreaming in the metaverse.
📈 The usefulness of the tokens will be intertwined with the overall platform, which will encourage massive buying pressure and growth.
🤖 Alborough's team is revolutionizing the fund manager side of things by integrating AI tools into their platform to help users create high-performing funds with optimal correlation.
The 🗣️ community will be given the opportunity to ask questions and interact with speakers directly in the Metaverse.

The Alvarra Protocol is building a new token standard and platform for decentralized money management, aiming to merge traditional and decentralized finance and create a true meritocracy in money management.

00:00 The Alvarra Protocol is building a new token standard called ERC BTS at the first ever Dome Alvaro space.
- Samir, Ever Doom's marketing manager, sat down with Joey Van Etten, Albora's director of business development, at the Dome's first Alvaro space to discuss the housekeeping and planning for the conversation.
- Alvara Protocol is contributing to DeFi's core infrastructure by building a new token standard called ERC BTS.
02:28 Alvara Protocol's ERC 7621 has been merged into Ethereum's GitHub and focuses on contributing to the DeFi infrastructure, decentralizing fund management, and allowing anyone to become a fund manager.
- The Alvara Protocol token standard, ERC 7621, was merged into the main Ethereum GitHub and was an important contribution to the DeFi infrastructure.
- The Alvarra Protocol has been in development for two years and aims to decentralize fund management through a new token standard that will allow anyone to become a fund manager and enable mutual funds.
04:30 The ERC BTS factory, built on ERC 7621, allows users to create multi-asset funds, mint blockchain assets, display performance metrics, and contribute to funds in the metaverse.
- The ERC BTS factory is built on ERC 7621 and allows users to create multi-asset funds with their own details and standby according to their preferences.
- Users can build their own blockchain assets, view performance metrics on the leaderboard, and contribute to funds in the metaverse.
- LP token holders may vote on proposals within the Dow-managed fund, and institutional investors may choose to manage their own funds, either as a discretionary managed fund or a DI-managed fund.
07:28 Alvara Protocol tokenizes real-world assets such as real estate and commodities to establish decentralized funds. It aims to integrate traditional and decentralized finance and focuses on achieving a true meritocracy in fund management.
- Alvara Protocol aims to create the first ever diversified fund that combines traditional and diversified financial sectors by introducing tokenization of real world assets such as real estate and commodities to its platform.
- Testnet product development, RWA project launch, community testing with 10 people, deployment to all, community feedback rounds, mainnet development, RWA project product launch and management.
- Creating a true meritocracy in the fund management sector means allowing the best to win.
10:46 The general public and individual investors can create their own funds and compete with institutional investors.
- The public and individual investors can create their own funds and compete with institutional investors on the same leaderboard.
- Lower barriers for fund managers and make it easier for new people to diversify their portfolios by contributing to talented individual funds. At the same time, work on support mechanisms for new fund managers and potential investors in the financial sector.
13:05 The Alvarra Protocol aims to become the main hub for money management in the Metaverse by focusing on security measures and the usefulness of tokens, and by using AI for transaction analysis.
- The speaker described the safety and security measures of the Alvarra protocol in the metaverse, including KYC certification, a complaint center, multiple audits, security monitoring, and analysis on funds, emphasizing the importance of security in the web3 space.
- The project focuses on the usefulness of the token, with all Alvara funds holding at least 5% of Alva, leading to buying pressure and growth in TVL, with staking options to hold Alara, governance, and discounts on the platform.
- The project's definition of success is to become a major center for fund management, including traditional finance companies and defi funds, with the goal of attracting large firms like BlackRock and making fund management more accessible to individual investors.
- Alvara Protocol uses AI to analyze correlations in its trading tools to help users create high-performing funds in three Web areas.
17:36 Alvara Protocol is gathering feedback from the community for a test net to ensure a better user experience from the start.
- Community members can ask questions directly by holding down the V key and raising their hands with the number keys or, if a microphone is not available, by sending a message via chat.
- To ensure a better user experience from the start, the Alvara Protocol is collecting community feedback on the testnet before rolling it out to the entire community.
19:43 The Alvara Protocol discusses the timeline for changes, the draft status of ERC 7621, the participation of large corporations in the fund management sector, and the participation of traditional finance.
- Speakers will talk about the timeline for implementing changes and deploying them to the main net, as well as ways to connect with the team and learn more about the project.
- Our token standard, ERC 7621, is being drafted on the Ethereum website and we are in ongoing communication with the Ethereum Foundation.
- The process of bringing in large firms in the fund management sector will leverage existing networks and provide a proof of concept to demonstrate that the platform is working.
- The Alvarra Protocol has been audited and aims to bring traditional financial institutions on board, and it will be interesting to see how the announcement and project progresses.