The problem Alba solves

For years I have wanted to participate in fund initiatives to invest in projects (startups and others), but the bureaucracy, the high requirements, and many other problems make it very difficult. And it is something that not only I experience, but also many other people who have a little money and want to support projects in the medium/long term.

The exact size of the private investment fund market is difficult to determine, as there is no single, comprehensive source of data. However, it is estimated that this market has experienced significant growth in recent decades. According to Bain & Company's Global Private Equity Report 2021, assets under management in the private equity industry reached a record of approximately US$4.6 trillion in 2020.

The United States has traditionally been the leader in the private investment fund market, with many of the largest private equity firms based in the United States. However, in recent years there has been a significant increase in private equity activity in other regions, such as Europe, Asia, and Latin America.

In addition to traditional private equity, there are also other types of private investment funds, such as hedge funds, venture capital funds, and private debt funds. Each of these segments has distinct characteristics and investment approaches.

Therefore, through DAO (decentralized organizations) we can create structures so that anyone can invest, through investment clubs (by affinity of ideas, professional relationship, etc.) through Blockchain from anywhere in the world and with fewer requirements. That is why Alba was born.

To this end, Alba, through these investment clubs, people can:

• Create investment clubs
• Join or leave clubs
• Contribute to the club
• Create and Vote on Proposals
• Run Proposals

Challenges I ran into

Given my little experience with NodeJS or any other Javascript framework (my strength is .NET and Python), to get around that problem I decided to use the Browser Javascript SDK for all development, so to achieve something concrete and functional, I preferred that all It was 100% web without a backend other than the smart contract, so any other developer or person can test it in any environment.