Teller

Teller

Decentralized finance platform enabling crypto loans using NFTs and self-sovereign reputation for collateral-free borrowing.

HQ location
San Francisco, United States
Website
Launch date
Employees
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DateInvestorsAmountRound
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N/A

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Total Funding000k
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Teller is a decentralized finance (DeFi) platform that revolutionizes the way individuals and businesses access capital. Operating primarily in the cryptocurrency market, Teller allows users to borrow and lend digital assets without the need for traditional collateral. By leveraging non-fungible tokens (NFTs) and self-sovereign, portable, global, on-chain reputations, Teller opens up new avenues for accessing capital. The platform serves a diverse range of clients, from individual crypto enthusiasts to large-scale investors and businesses looking to leverage their digital assets for liquidity.

Teller's business model is built around facilitating peer-to-peer lending and borrowing, where users can borrow against any token in their wallet with fixed-duration loans. The platform generates revenue through transaction fees and interest rates on loans. Teller's innovative approach includes partnerships with other DeFi platforms like Masa Finance to introduce unique lending pools, such as the Soulbound Lending Pool, which further enhances its service offerings.

Operating in the volatile and rapidly evolving crypto market, Teller aims to provide stability and opportunities for both lenders and borrowers. The platform's use of smart contracts ensures transparency and security, making it a reliable choice for those looking to engage in DeFi activities.

Keywords: DeFi, crypto loans, NFTs, collateral-free borrowing, peer-to-peer lending, smart contracts, digital assets, self-sovereign reputation, liquidity, blockchain.

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