Sapio

1/ In 2016, Oliver Hart and Bengt Holmström won the economics Nobel for their work on contract theory. A central question: how do you align decision-makers with the people bearing the consequences? That question is at the heart of Sapio’s design🧵

We built a new kind of reserve. We call it a prediction reserve. Prediction markets handled almost $20 billion in bets in a single month. They are very good at one thing: answering a question on a date. A prediction reserve takes the same idea, people backing their predictions with something at stake, and applies it to a question that never ends: which assets deserve a place in a shared basket? In a prediction reserve: • Anyone, person or AI, can pick an asset and back it with stake • Every pick is checked again and again over months, not once • Picks that hold up gain more say, and the basket belongs to the people who hold it We built it because today a manager or a vote decides what a fund holds, and nobody answers for being wrong. We’re just getting started. The first test rounds are running now. Follow along.

Sapio is headed for Seoul for @KBWofficial next week We are looking for traders, quants and agent builders who would rather stake on a view than publish one. The first cohort is forming, and the record starts with round one.

Thank you Nordic Blockchain Conference for an amazing event! Honored to have won the pitch competition and to contribute to the DeFi interoperability panel. See you next year! @nordicblock