The Alvara Protocol is a transformative platform in the DeFi space designed to democratize the world of asset management. Built on the newly developed ERC-7621 token standard, Alvara provides an innovative tokenized basket factory that paves the way for anyone to become a basket manager. This unique ecosystem maintains complete transparency, allowing other investors to confidently contribute to the basket. Alvara adds a whole new subsector to decentralized finance by revolutionizing how we perceive and engage with basket management as both managers and investors.