[Exclusive Interview] Meet Mathias Nielsen, Co-Founder & CEO of Concordex
Today we are grateful to have Mathias Nielsen, the founder, and CEO of Concordex, the main dex on the Concordium blockchain. Mathias was kind enough to answer some questions regarding the protocol and its purpose, why they decided to build on top of Concordium, and the next steps. We appreciate his insight and look forward to seeing the progress Concordex makes in the future. Let’s dive in!
[SurferInvestor] Could you please summarise briefly what Concordex is about?
[Mathias N.] Concordex is an institutional-grade decentralized exchange built on the Concordium blockchain. With Concordium’s ID layer acting as a type of KYC at the base layer, it’s an ideal platform for institutional traders and so Concordex aims to offer a dedicated, decentralized trading platform for these investors. Our primary purpose is to bring features traditionally found in TradFi to the world of DeFi such as advanced liquidity management, true margin and derivatives trading, and an order book UX that simplifies the trading experience.
[SurferInvestor] Could you please introduce yourself as a founder? What is your background?
[Mathias N.] I am Mathias Lundoe Nielsen and I am the founder and CEO of Tacans, the venture builder that has developed Concordex. Over the years I have founded and managed several companies across Europe including Nustay, an online hotel booking service. In recent years it became more and more apparent that the future will be built on blockchain technology and so I co-founded Tacans with Lars Seier Christensen to develop and invest in blockchain-based products and services.
[SurferInvestor] How did you come up with the idea of Concordex?
[Mathias N.] My partner Lars Seier Christensen and his team developed the Concordium blockchain, and we saw a lot of potential in their ecosystem, so we decided to develop Concordex as the first decentralized exchange on Concordium.
[SurferInvestor] How would you explain to an ETH Maxi why the Concordium blockchain makes sense?
[Mathias N.] Well, the most prominent feature of the Concordium blockchain is its embedded ID layer, which allows users of the ecosystem to confirm their identity without sharing it with third parties. Thus it’s a regulatory-ready Layer-1 blockchain that still allows users to maintain their privacy, while still ensuring that both parties involved in transactions have had their identities verified. The regulator-ready nature of the Concordium ecosystem makes it ideal for institutions hoping to reap the benefits offered by blockchain technology.
[SurferInvestor] What is in your opinion the one element Institutions are missing with existing Blockchains that Concordium will offer?
[Mathias N.] Institutions have a mandate to comply with rules and regulations and so with the ecosystem being regulatory-ready, institutions can rest assured that they can build and trade without potential issues later on.
[SurferInvestor] What item in the roadmap gets you the most excited?
[Mathias N.] The launch of course. Our team has been hard at work for over a year to build a comprehensive trading platform for Concordium that is truly unique, so having the opportunity to show it off to the world and see the public’s response to it, that is something that is pretty exciting.
[SurferInvestor] How many people are on the team?
[Mathias N.] We have a team of over 35 people focused on developing and promoting the Concordex platform.
[SurferInvestor] In an ideal world, how would Concordex look in 5 years?
[Mathias N.] Our future is undoubtedly tied to the success of the Concordium blockchain. Over the next few years we’re expecting to see widespread institutional adoption of blockchain technology and with Concordium’s unique value proposition, we believe it will likely be the first choice for these institutions. Considering decentralized exchanges allow users to maintain custody of their assets, and the unique set of features we’re offering, I believe we’d be in a pretty comfortable position. I don’t want to speculate too much, but I am confident that we will be a serious player in the decentralized exchange and institutional crypto trading markets.
[SurferInvestor] For people who wanna jump in, how to get started?
[Mathias N.] First of all I would suggest signing up for early access on our website, Concordex.io, and following our official Twitter account, @ConcordexLabs, to receive updates regarding the launch of our platform and our native token. Then I would suggest reading up on the Concordium blockchain as well as its value proposition. Knowledge is power after all.
We’d like to thank Mathias Nielsen for his insight into Concordex and the Concordium blockchain. It is an exciting project and we can’t wait to see how it develops over the next few years. We wish Mathias and the team all the best for the launch, and we have already registered for early access on their website. We hope that Concordex will revolutionize the world of DeFi, bringing institutional features to the space.