RociFi: Raises $2.7M to Enable On-Chain Credit Scoring for DeFi
- RociFi, a decentralized zero and under-collateralized lending protocol
- Announced completing a seed funding round of $2.7 million USD
- Developed a protocol that leverages on-chain data, machine learning and decentralized identity data points
- This protocol is set to revolutionize lending for those whose digital identities
- Undercollateralized capital markets represent one of the biggest opportunities to transform capital efficiency in crypto
- The seed funds will be used to expand and take the product to market, taking advantage of the growing interest
