Elo

Building @cr3dentials - prev @ethereum,@Zkemail

[Elo @Metachaser24]

Unsecured lending is the next frontier.

Overcollateralized loans only work for people who already have capital. They don’t reach the people who need and use this space the most: creatives, gig workers, freelancers, online merchants.

That’s where we come in @Cr3dentials.

Check this out ⬇️

[Cr3dentials @Cr3dentials]

https://t.co/LO7HMXT4ld

[Elo @Metachaser24]

War time CEO mode

[Elo @Metachaser24]

@kbulychev_ @Cr3dentials Currently it's offchain but we'll eventually combine onchain as well.

[Elo @Metachaser24]

@useTria Can't wait until it says spend, trade, refer, and borrow 👀

[Elo @Metachaser24]

@0xArbitooor @Cr3dentials Sending a dm now!

[Elo @Metachaser24]

Yesterday I walked around NYC in the wrong shoes and paid for it.

Today I’m not leaving my room until my new Ons with insoles show up from Amazon.

I underestimated these New York streets but never again.

[Octopus @Octop3s]

EtherFi’s credit card model of borrowing against DeFi positions is a perfect representation of crypto’s ethos, but it’s also one of the reasons mainstream adoption remains limited.

The adoption of this model is largely skewed toward whales and active crypto participants, not everyday people who know little or nothing about DeFi lending.

To move beyond our current stage, cross the chasm, and build an environment that appeals to people outside the crypto bubble, we need products that work alongside what has already proven successful in traditional finance.

For instance:

• How can we provide loans to freelancers?
• How can we make everyday life easier for regular people?
• How can we provide small business loans to entrepreneurs?

And most importantly, how do we do it without adding complexity or introducing friction by forcing "crypto" into every step of the process?

This is where unsecured lending comes in.

Unsecured loans work similarly to credit cards but are often much simpler. Lenders rely on factors like income, repayment history, cash flow, and account activity rather than requiring collateral.

Instead of forcing people to hold crypto assets, users could qualify for loans based on their financial behavior and track record.

Think of it as a credit card, but easier and more accessible.

Companies like SoFi and Nubank have built massive businesses around this model.

I haven’t seen many crypto neobanks seriously exploring this direction yet, which is why I think more startups should position themselves to solve it.

This, along with a few other ideas discussed in the article below, could go a long way toward accelerating adoption.

Hope you have a great day.

[Elo @Metachaser24]

@kashvii @Techweek_ Building In the Zk space, let's connect!

[Elo @Metachaser24]

@Octop3s The bubble must pop, abeg

[Elo @Metachaser24]

I'm here at NY tech week and if I hear someone else mention AI I'll scream.

[Octopus @Octop3s]

https://t.co/tSS8eu4wZc

[Elo @Metachaser24]

@_ChrisOketch Clever, but you're on thin ice 😭😂

[Elo @Metachaser24]

@dcbuilder Present!

[Elo @Metachaser24]

@Octop3s 😭😭😂

[Elo @Metachaser24]

@s7ddharth @SoFi Oh I have a very long list

[Elo @Metachaser24]

A friend of mine tried to setup a crypto account on Sofi and got rejected.

I don't think @SoFi gets the point of the space...

[Elo @Metachaser24]

@0xArbitooor @Cr3dentials A pity indeed 😔. I'll send a dm shortly

[Elo @Metachaser24]

@joinCero Onchain credit cards are the future. Let's chat about how we @Cr3dentials can help you verify the digital economy so they can access credit lines 👀

[Elo @Metachaser24]

@blockchainbrett @tether @circle @arq_finance @littioco @Polymarket @OndoFinance We just wrote an article on unsecured lending for neobanks that you should check out.

@Cr3dentials we provide the verification infra using zkTLS (data access + underwriting)

[Elo @Metachaser24]

Unsecured lending is the next frontier.

Overcollateralized loans only work for people who already have capital. They don’t reach the people who need and use this space the most: creatives, gig workers, freelancers, online merchants.

That’s where we come in @Cr3dentials.

Check this out ⬇️

[Elo @Metachaser24]

@vaaselene Vibe marketing > Vibe coding

Programmatic SEO is a cheap way to increase traffic to your business.

Note- A human must always be in the middle to make sure the pages do not sound like AI trash.