Thread by @SpectralFi

1/9 We’re excited to announce a $23 million round led by @generalcatalyst & @socialcapital. @section32vc @GradientVC @FTI_US @circlepay @ShrugCap @jumpcapital @Soma_Capital @UDHCFinance @SamsungNext and others also joined.

https://twitter.com/TechCrunch/status/1562424780946808838

2/9 Around the world today, financial reputation and credit scoring are monopolized by opaque and siloed institutions. Authoritarian governments make headlines for imposing new social credit systems restricting our economic freedom.

https://twitter.com/SpectralFi/status/1562123437254008837

3/9 👁 Our vision for the future is to build a decentralized platform of #MachineLearning-models that can transform credit scoring into an open and publicly accessible network.

4/9 The first node of this Decentralized Scoracle (Credit Risk Oracle) Network is the #MACROScore, the Multi-Asset Credit Risk Oracle, or on-chain equivalent of a traditional FICO score…but for #Web3.

https://twitter.com/SpectralFi/status/1560729805070471169

5/9 This week also marks a significant moment for the Spectral community with the launch of the @SpectralFi 's App V0.3.0 in Open Beta!

You can now generate a comprehensive overview of your on-chain credit journey!

6/9 We enable #web3 #developers to build powerful new use-cases with this new financial reputation primitive, such as:
- Risk-optimized lending
- #DAO-based credit ratings
- Permissionless... credit default swaps, credit delegation, tranched debt
... and more!

7/9 With #AI and #blockchain technologies converging to create a publicly accessible credit-scoring network, we can now build a more equitable and capital-efficient future together.🔮

8/9 If you are interested in getting early access to our APIs and smart contracts, fill out this form: research.typeform.com/to/OXHr0sgL

9/9 💫Check your Score to embark on your Web3 Creditworthiness Journey:
app.spectral.finance