Koji Conversations

9. Sid Powell - Maple, Undercollateralised Loans & Roadmapping


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Hailing from Melbourne, Australia, Sid has recently taken the space by storm with the development of Maple Finance - a decentralised corporate credit market built on the Ethereum blockchain. By leveraging his experience in traditional finance, Sid has become equipped with the tools that allow him to solve some of the leading problems in the emerging space.
The genesis of Maple occurred during Sid’s time at a lending fintech. While pouring through hundreds of pages of legal documentation, the thought emerged that these documents could be codified onto the Ethereum blockchain. This realisation led to the creation of Maple Finance - the product that would result in the ability for institutions to access capital from anywhere in the world.
Although Sid and his co-founder, Joe, never faltered in their belief in their idea, the world couldn’t always see it. Before DeFi Summer, Sid and Joe were funding the project internally with their own savings. Sid’s perseverance would prove to pay off, with Maple Finance overcoming all hurdles, and triumphing with a thriving team of 15 strong. Sid encourages founders to use their ‘why’ statement as a guiding light towards their goal and to persevere until the world is ready for your idea.
Join this Koji Conversation, with Sid Powell.
Join the Conversation:
Find Sid on Twitter: @sidbpowell
Twitter: @koji_capital
Website: koji.capital
Discord: https://discord.gg/MThFGFfuRa (https://discord.gg/MThFGFfuRa)
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Koji ConversationsBy Koji Conversations