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vinniejames

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CTO @ https://rocko.co

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Rocko makes it easy to borrow against your crypto through top DeFi protocols. This avoids a ton of the risk associated with traditional collateralized loans that caused many competitors in the space to drop out over the past few years.

All collateral is locked transparently in audited protocol smart contracts, funds are secured through a self custodial wallet that only the user has access to, and loans are all denominated in USD with flexible rates determined by the protocol based on supply/demand.

Our vision is to build one marketplace that allows borrowers to the easily access the best rates from any number of protocols, networks, and crypto assets.

We want to make DeFi easy for everyone.

Curious to hear thoughts from the community, feature requests, or personal experience in the past with a crypto backed loan?

You just fully described cryptocurrency transactions. Crypto having the additional benefit of applying to online transactions as well vs in-person only transactions with cash

Alternatively, this could be achieved by an affirmative action on the grantor's side. For example, require a signed transaction from a particular wallet every X months, if no transaction occurs, then trigger the switch

If only a public shared ledger was available for these institutions to settle trades on.

People love knocking Bitcoin here, but this is why the technology exists. No reason to continue letting these institutions run smoke-and-mirrors with everyone's money

The reason for this is the fact that large businesses profit from being the middle-man here. Moving towards automated settlement on a blockchain reduces cost and increases efficiency,it's a win-win for everybody except the middle-man

This service is sketchy to the max. The public profile issue was the last straw.

The low quality candidates passing through is due to poor quality controls and the ease of gaming the system by cheating

This was removed because the machine generated captions have reached near parity with crowdsourced captions. Machine captions can be scaled to caption the entirety of YouTube, something crowdsourcing could never accomplish.