{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/4c434bdd300d4d36a5dfdcfcd33b8a56\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/4c434bdd300d4d36a5dfdcfcd33b8a56-00001.gif","duration":300.026,"title":"Trust Scale, the NFTfi credit score protocol","description":"In this video, I discuss the problem we are addressing in the hackathon, which is the lack of transparency in credit history for NFT lending. Currently, NFT protocols have no way of determining an individual borrower's creditworthiness, resulting in everyone having access to the same loan terms regardless of their history. To solve this problem, we are creating a universal NFTFI credit score that allows borrowers to be transparent with lenders and negotiate better loan terms. I explain how we calculate the borrower's historical performance score and combine it with their lender history to create a composite score. This technology has the potential to make a real-life impact on lending."}