Content
@
0 reply
0 recast
0 reaction
Boz M 🎩
@boz-m
i think @farcaster is best positioned to disrupt defi with an innovative reputational score given your social behavior is tied to your address as well reputational is an evolved version of a credit score given limitations of the latter someone on here should experiment with such a thing
3 replies
0 recast
6 reactions
Douglas Gomes
@dougyv
Really interesting, a score like that can be used to remove Sybil. Btw, in countries where credit bureaus don’t exist, the telco companies build financial products and they had to build their own credit scores. Part of the algorithm comes from the user activity. So, similar concepts are already being used.
1 reply
0 recast
1 reaction
Boz M 🎩
@boz-m
exactly, there's enough information that Farcaster can capture, include relationships you have, quality of your identity (subjective i know), but there's a lot of opportunity worth exploring
1 reply
0 recast
1 reaction
Douglas Gomes
@dougyv
Yep, so much can be done with something like this. Actually everything is already in place to create a web3 credit score. DeFi is here and financial and social data can already be accessed
0 reply
0 recast
0 reaction
