AAG Ventures Partners with CYBAVO to Bring World-Class Custody Solution to AAG Platform
When it comes to security, we don’t take things lightly. CYBAVO joins us as our third security partner to strengthen the AAG Platform, in addition to what is already provided by our own Project Titan and valued partner Lossless. At AAG Ventures, we want to provide additional security to everyone. This includes all participants in our ecosystem — including our very own core team and scholars. We believe in the strongest terms that if we can eliminate the complexity that comes with the management of cryptocurrency, we can help accelerate the adoption of Play-To-Earn, Learn-To-Earn, and metaverse in general.
CYBAVO is a Blockchain Cybersecurity company building the future of secure digital asset management. CYBAVO VAULT delivers a suite of tools that integrates the most cutting-edge cryptography and security infrastructure with emerging blockchain layer 1 & 2 applications, DeFi, NFTs, and more to deliver what is more than an institutional wallet: a comprehensive, secure digital asset operations platform.
The solution leverages a robust security infrastructure that separates the rights to use private keys from the responsibility of keeping them secure, effectively mitigating threats from hacking, phishing, and other loss. The system runs in a custom security-hardened environment, leverages proprietary NIST-certified encryption algorithms, enhanced Multi-Factor Authentication (MFA), and cutting-edge Multi-Party Computation (MPC) private key generation algorithms to remove any single point of failure. It is also one of the few private key management platforms to be insured by a global S&P AA-rated insurance underwriter.
CYBAVO solution will be deployed from day one — very much like with the Lossless protocol that is embedded in the very core of our AAG token contract. We want to ensure that we tackle any potential risks upfront rather than patching our platform later as issues arise. We will then continue to collaborate with CYBAVO to utilize their Wallet SDK to expand the offering to our scholars, employees, and partners.
This partnership is just another step in getting us closer to eliminating the friction caused by the management of cryptocurrencies. We will share more details on our plans in the near future.
About AAG Ventures
AAG Ventures is the creator of AAG (Achip & Achair Guild), one of the fastest-growing gaming guilds in the Play-To-Earn blockchain game industry with more than 2,000 scholars participating in seven countries: Philippines, Indonesia, Brazil, Argentina, India, Nigeria, and Russia. AAG Venture’s mission is to create economic freedom through the metaverse economy and aims to bring 100 million people into the metaverse economy by 2030.
About CYBAVO
CYBAVO is a Blockchain Cybersecurity company building the future of secure digital asset management. CYBAVO VAULT delivers a suite of tools that integrates the most cutting-edge cryptography and security infrastructure with emerging blockchain layer 1 & 2 applications, DeFi, NFTs, and more to deliver what is more than an institutional wallet: a comprehensive, secure digital asset operations platform.
The CYBAVO management team has more than 100 years combined experience in Cybersecurity and have previously filled leadership roles building core technologies at some of the world’s leading Cybersecurity companies, including Trend Micro (TYO: 4704) and Proofpoint, Inc. (Nasdaq: PFPT.) Their decision to build the CYBAVO VAULT was based on hundreds of hours spent helping law enforcement respond to multiple hacks of Cryptocurrency exchanges, conducting forensic audits, and advising the exchanges on how to improve their security posture. This exposure to a broad spectrum of attack scenarios, combined with the team’s extensive Cybersecurity background contributed to the core principles embodied in the CYBAVO VAULT solution today.
AAG Ventures IDO
After raising $12.5M in an oversubscribed Private Round led by Shima Capital, Tribe Capital, and Tess Ventures, AAG Ventures is excited to announce the launch date of AAG Token IDO.
Token Launch Auction (TLA) or IDO will begin on 12th December at NOON UTC. Follow us on Twitter for news on how to participate and up-to-date information.
Have a question about the AAG IDO? Visit the AAG Ventures Telegram community to get your answer now!
