Launchpool Labs announces DeFi Unicred credit scoring protocol as part of Cohort1

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SINGAPORE–(COMMERCIAL THREAD) –Launchpool Laboratories, the community-centric agnostic incubator operating under the #beyourownVC ethic, announces the fourth startup to join Cohort1, its first class of incubates: Unicred.

Unicred is a decentralized multi-blockchain financial credit scoring protocol for better risk prediction, which enables unsecured DeFi loans. As a DeFi platform where lending and borrowing decisions are powered by data science, its cutting-edge credit scoring algorithm examines all possible risk indicators available on the blockchain. Its credit rating protocol allows Unicred to fill the gaps in the current ecosystem, namely the variation of LTVs and interest rates.

“You rarely come across a team that understands the power of data. Data and blockchain are still an unexplored frontier. However, with the right data, you can mitigate risk, improve your security, and create a better score. The Unicred team is developing a state-of-the-art credit scoring protocol for DeFi, and we’re excited to help them build their MVP and MVC (Minimum Viable Community), ”said Roxana Nasoi, Managing Director of Launchpool Labs.

Unicred’s founding team has deep expertise in data science, credit risk, cryptocurrency and growth marketing, led by former Goldman Sachs analyst Rakesh Lavi and former credit risk analyst at Wells Fargo, Akshay Rawat.

“Launchpool Labs gives us a platform with its strong expertise in cryptography, a vibrant community and a well-connected network. This puts us in an excellent position to realize our vision, ”said Rakesh Lavi, Co-Founder and CEO of Unicred.org.

About Launchpool Labs

Launchpool Laboratories offers a three-month incubation program for very young companies, with the aim of building together their MVP (minimum viable product) and MVC (minimum viable community). Each team relies on numerous partners and inter-professional advisers. There are four cohorts and 12-24 projects each year.


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