In this episode of the Building Web3 Podcast, host Jax Dwyer sits down with Thor Abbasi, co-founder of Zivoe, an innovative startup aiming to revolutionize the lending industry. Zivoe is a cutting-edge real-world asset credit protocol designed to disrupt predatory lending and high-interest consumer lending by leveraging on-chain liquidity and Web3 technologies.

This episode delves into how Zivoe is creating a transformative solution for the non-prime market, providing more affordable credit options and improving risk management practices.

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Chapters
00:00 Introduction to Zyvo and Thor Abbasi
02:58 Disrupting Predatory Lending
13:36 Managing Risk and Differentiating in the Lending Protocol Space
25:33 Moving Towards Direct-to-Consumer Lending
29:18 Choosing Ethereum and Launching on July 31st

Topics Covered:

Introduction to Zivoe and its Mission: Thor Abbasi provides a comprehensive overview of Zivoe, explaining how this real-world asset credit protocol aims to tackle the issue of predatory lending and high-interest consumer lending by connecting on-chain liquidity with real-world borrowers.

Thor's Journey into Web3: Thor shares his transition from investment banking to the Web3 space, detailing his "come to crypto" moment in 2017 and his passion for the underlying technology that drives the cryptocurrency market.

Addressing Predatory Lending: A deep dive into the predatory lending practices that plague the non-prime market, where borrowers often face exorbitant interest rates. Learn how Zivoe is positioned to offer a more equitable solution through on-chain liquidity.

Prime vs. Non-Prime Borrowers: Understanding the differences between prime and non-prime borrowers, and how Zivoe targets the non-prime market to provide more affordable lending options.

Lifecycle of a Transaction: Explore the step-by-step process of how a transaction works within Zivoe’s ecosystem. From a borrower like Kimberly seeking funding to the use of special purpose vehicles (SPVs) for managing consumer credit products, get a clear picture of the entire flow.

Risk Management Strategies: Discover the unique risk management strategies employed by Zivoe. Learn why their team's background in traditional finance and consumer lending sets them apart from other DeFi protocols.

Regulatory Challenges: Thor discusses the regulatory challenges Zyvo has faced, particularly in the US, and how the company has navigated these obstacles to ensure compliance and build a robust protocol.
Marketing and Community Building: Insights into the challenges of marketing and community engagement in the crypto space. Thor shares how Zivoe is working to build a strong community and raise awareness about their mission.

Broader Adoption of Web3 Technologies: Thor's vision for how Zivoe can contribute to the broader adoption of Web3 technologies and decentralized finance (DeFi) lending protocols. Explore how direct-to-consumer lending can bridge the gap between traditional finance and the crypto world.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/