My name is Tomer Bariach, a GP at Flori Ventures. I am excited to introduce a new initiative called the Credit Collective, which we (the Flori team) started with my good friend Reuven. https://www.linkedin.com/in/reuvenpalatnik/
Real-world credit is one of the most significant use cases for blockchain adoption and has the potential to impact people’s lives significantly. The Credit Collective is a group of builders and investors dedicated to advancing blockchain-based real-world credit solutions. Our website can be found at https://www.credit-collective.com/.
The credit crunch the world is experiencing today won’t be solved by a single company with a few investors. Therefore we aim to create a community of all participants in the supply chain of credit, including on and off-ramps, identity, new credit score methodologies, credit protocols, VCs, LPs, and more.
Over the next year, we plan to initiate several initiatives and invite you to join us and share your thoughts, challenges, and advice to others.
Thought leadership group/think tank
We have established a thought leadership group with investors and builders from the credit space. If you are interested in building a company or investing in the space, please reach out to us on Telegram, and we will add you.
The group is by approval only; message me so i know who you are @tomerba
Monthly learning space
We also host public learning calls on a monthly basis, where different leaders (founders and entrepreneurs?) discuss the problems and various ways to find solutions specific to credit in the blockchain space. Follow us on Twitter at https://twitter.com/Credit_Collective.
Want to talk in one of our spaces? Write to us!
The objective of the accelerator is to provide advice and liquidity for impact-driven products so they can develop and build a good track record to raise credit from external sources.
The type of liquidity we are looking to accelerate is real-world lending (not over collateralize and not for token liquidity)
The incentive here is double-sided.
- Helping start-ups with initial liquidity for their Debt pool
- Creating Demand on celo for cUSD (Interest bearing pools are opened → more emend for cUSD → more pools are open → more demand)
Money will be staked for 6-12 months, depending on the product
Staking will be on the Celo Blockchain.
The liquidity accelerator is what we are looking mainly to expand soon, and will write an additional blog post about it
In our website you can also find a database of companies and investors involved in credit solutions on our website. Please add yourself to this database to gain exposure and meet the market.
So far, all of the above is done from our budget and is only the beginning. Each initiative can grow and give significant value to our members and the Celo community.
We are working on a DebtDAO, organizing real-life events, connecting startups to investors, doing a Credit report, and more. We would love to hear your thoughts, ideas, and questions.
Thank you for your time and consideration.
Credit where credit’s due. We were inspired by the incredible work the Climate Collective was doing and started the Credit Collective.