DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Blockchain Brave New Coin

RociFi - a new DeFi primitive for under-collateralized lending

Christopher Brookins is the co-founder of RociFi, a new DeFi primitive for under-collateralized lending. In order to borrow on RociFi, users must mint an ERC-1155 token, NFCS (Non-Fungible Credit Score). The NFCS proves...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

RociFi - a new DeFi primitive for under-collateralized lending
Christopher Brookins is the co-founder of RociFi, a new DeFi primitive for under-collateralized lending. In order to borrow on RociFi, users must mint an ERC-1155 token, NFCS (Non-Fungible Credit Score). The NFCS proves ownership of the address bundle that the borrower wishes to be credit scored. The NFCS operates as on-chain reputation and credit score.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Brave New Coin

Related market context