Balaganesh K

@Balaganesh03

MERN Stack Developer | Winner at ETHIndia 2023

MERN Stack Developer | Winner at ETHIndia 2023

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Chennai, India

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Balaganesh K

@Balaganesh03

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Top Projects

Top Projects

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FreedFi

Empowering Freelancers through Talent-backed Loans

Empowering freelancers through talent-backed loans with FreedFi. FreedFi is changing the lending landscape by bringing access to capital with Skill Capital. Our lending infrastructure offers Talent-backed loans to skilled contractors. Leveraging decentralized finance strategies and Trust Credentials, we bring transparency, accountability, and real-time credit score reputation (Erc1155 + Analytics) to the lending cycle. Join us as we shape the future of lending with a trustless, on-chain solution for DAOs, communities, member organizations and more! Unique Value Proposition: Loans for skilled freelancers backed by talent alone. Zero Interest Loans No Collateral Needed Problems We're Solving: Freelancers face overwhelming difficulties in obtaining loans due to the absence of a steady work history, which hinders their access to traditional lending options. This hinders dreams of sustainable living, home ownership, car leasing and more. Smart Contracts: GetaLoan.sol https://github.com/captainahab0x/freedfi/blob/main/contracts/src/GetALoan.sol Borrowers request, are approved, and payback loans Investors approve loans and receive payback FreedFi Pool funds the loan and issues Trust Credentials(ERC1155+Analytics) PoolControler.sol https://github.com/captainahab0x/freedfi/blob/main/contracts/src/PoolController.sol Allows FreedFi DeFi Pool to manage investor funds trasparently Rewards Investors for reviewing & approving freelancer loan requestws TrustCredential.sol https://github.com/captainahab0x/freedfi/tree/main/contracts/src/trustcredentials TrustCredentials are issued after a loan is repaid Mathematical equation determins the reliability score by calculating date of return compared to date due. Investors get TrustCredential to redeem their reward for choosing which loans to fund Borrowers get TrustCredentals that attest to their reliability and credit score Review Goldfinch.Finance whitepaper for one of our inspirations.

FreedFi - Picture 1
FreedFi - Picture 2