This New Crypto Protocol Could Unlock Billions - Here’s How Token Baskets Work | Dominic Ryder

Sponsored by Alvara: start building your own token basket today at https://alvara.xyz!

In this episode of The Wolf Of All Streets, I talk with Dominic Ryder, Co-Founder of Alvara, about a completely new Ethereum standard – ERC7621 – designed for creating tokenized baskets of assets. Dominic explains how this protocol could level the playing field in asset management, letting anyone build, manage, and grow their own on-chain funds. It’s one of the most unique ideas I’ve seen in crypto and could open the door to billions in new opportunities.

Dominic Ryder: https://x.com/dominicvemp

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#Bitcoin #Crypto #Alvara

Timestamps:

0:00 Intro

1:05 Dominic’s Background

2:45 Why He Built Alvara

4:12 How ERC7621 Works

8:27 Real Asset Ownership

12:00 Solving Price Entry Issues

14:20 Beyond Liquid Tokens

16:01 ALVA Token Utility

19:00 How To Try It

20:08 First New ERC Standard In Years

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.