Superscrypt

TOKEN2049 is just round the corner with lots of chats and planning already in place. Superscrypt too is looking to whip up some interesting events throughout the week between 17 -20 September. We definitely look forward to meeting and catching up with friends within the web3 community both locally and abroad. To help ensure smooth operations, we have a few intern slots up for grabs (Singapore only - ideally undergraduates with passion for #blockchain / #web3). Do feel free to write to us and send in your interest(s) to eric.w@superscrypt.xyz Jacob Ko Jad Chahine Pranav Pandya Ji Hao Lye Andy Chen

We're excited to lead Agio Ratings latest funding round with participation from Portage and MS&AD Ventures. Onboarding users & liquidity into Web3 is not just about killer apps - its also about better tools to help participants more accurately price risk and confidently deploy capital - leading to more robust and efficient capital markets. 1. Why we invested - Institutional development in crypto capital markets - A strong team of experienced domain professionals - Onboarding users & liquidity into web3 isn't just about killer apps - it's also about helping market participants better understand & price risk 2. How instituions underwrite risk As institutions enter, one key feature missing from crypto capital markets is a system that helps measure risk more accurately - especially with smart contract bugs, hacks, and the hidden & multi-layered exposure of counterparties In the last cycle, the lack of proper risk management tools / processes eventually led to the origination of loans without proper diligence to substandard counterparties. What followed next was a cascading & devastating set of failures across the ecosystem. In traditional finance, companies like Moody's & S&P Global exist solely to help prevent situations like that and have already proven to be a valuable indicator of creditworthiness in traditional capital markets. These systems help PRICE risk more accurately, thereby creating a more capital-efficient system and enabling capital inflows to operate more confidently. While not always foolproof, they are a key enabler of financial systems - and will be vital for development of crypto markets 3. Agio's Ratings System The team have developed a unique approach that analyzes 1,000+ variables assembled from onchain and offchain sources. Their models provide institutional-grade insight into predicting defaults to help institutions make better decisions. 4. The Team Led by Ana De Sousa (the former Crypto Risk & Policy Lead at the Federal Reserve Bank of San Francisco & Head of Ops FalconX), Agio's team has decades of experience as investors, former credit rating company founders & PHDs across multiple fields

We’ve released an article diving into Digital Identity. What is it? Where did it come from? After 30 years of internet what are the limitations of current forms of digital identity and where do we go next? Click through to find out!

Community is key in Web3. They are your product users, supporters and owners who share in your success. At Superscrypt, we run Open Office Fridays weekly at our co-working space in Singapore. Friends, founders and people looking to learn more & build in Web3 are welcome. Come join us!