The Opening SBT Web3 Credit Score and Masa

When Masa was created, it came with a main goal, and that goal was to make financial opportunities available for everybody, no matter their background. It was founded by immigrants who understood what it truly meant to be left out because of background. Masa plans to make capital reachable for users of web3 by raising a distributed credit firm made up of over 10,000 web3 and web2 data authority which will allow users and corporations to acquire credit on-chain.

After all these were set aside, Masa noticed that there was one important element that they were missing; an identity. They didn’t have a decentralized identity that could help assemble and bypass data that had anything to do with credit on-chain. There was a chance at integrating the distance between international capital opportunity and the people, and Masa took that chance.

Who is the founder of Masa?

Brendan Platform and Calanthia Mei are the ones who built Masa. Since it was built, it has come to garner over 75k members from 40 countries around the world. It has been shown on major media stations like TechCrunch, CNBC, etc. It has also appeared in the space’s white papers and popular publications like Forbes.

Masa hopes to give its members the best services that they can offer and find solutions for the upcoming technology of financial services.

Cred protocol

Masa Soulbound Identity latest experimentation(their testnet) integrated with a platform which happens to be the initial Soulbound web3 credit score.

Members can accept their .soul name and utilize it in their original Ethereum wallet, which would generate their credit score at Masa.

Masa is actively working on creating SBT functions that will help change the meaning of a fair society as we know it. Since Masa Soulbound identity was introduced on Masa’s testnet, it has since garnered a lot of attention and more than 15,000 SBT identity mints.

Masa’s original function of the Masa Soulbound identity is to provide credit for all users. The platform was created so that it can let go of the traditional way of credit systems by giving members and firms tools that they can use to gain contact with credit on-chain.

As it stands, 1.5 billion people globally have been rated by credit bureaus on their credit-worthiness, but about 3.3 billion have acceptable credit scores which don’t have its credit history linked to their traditional bank services.

Masa will make it possible for the 3.3 billion credit-hidden to be counted along with the rest of the ecosystem by giving them entrance to a universal liquidity pool.

This is the main reason Masa has joined hands with Cred platform to start their web3 credit score, which will be the former’s initial function. Masa and Cred protocol experience the same vision of giving billions of users a chance at DeFi lending. On-chain lending hasn’t been as transparent as it is meant to be, so the platform will make sure that they bring on-chain loans to individuals using fair Blockchain data. This will power up lenders, making them become more capital-efficient and push the usual people and a section of people who have been silenced, to acquire under-collateralized loans.

Masa Soulbound identity’s main blast-off will allow these users to get in contact with under-collateralized loans that will be provided to them by partnerings on Masa with different businesses.

For More Information Visit :

Website : https://www.masa.finance/

Telegram : https://t.me/masafinance Twitter : https://twitter.com/getmasafi

Discord : https://discord.gg/HyHGaKhaKs Medium : https://https//masafinance.medium.com

POA : https://bitcointalk.org/index.php?topic=5430758.msg61540567#msg61540567

BEP-20 Wallet Address : 0x61f31a6cbF0d5bd8893BD4E9510aF0b400e08Ff0