Nic Carter Wiki, Bio, Net Worth, And Bitcoin Advocacy

Nic Carter.
Courtesy of CoinDesk.com.

 

Who Is Nic Carter?

Nic Carter is an internet entrepreneur, investor, Bitcoin proponent, and journalist.

As a journalist, Carter has written for Coindesk, The Block (in December 2019 and December 2020), Harvard Business Review, New York Magazine, and Bankless, among others. As of June 2021, Carter was a columnist at CoinDesk.

Carter has served as a co-author of a number of papers covering topics like Proof of Reserves, DeFi (Decentralized Finance) risks, and the emergence of stablecoins or cryptodollars.

Carter is also a co-founder at Coin Metrics and Castle Island Ventures.

 

Nic Carter Bio And Background

Answering a question on Token Daily, Carter revealed that he first found out about Bitcoin in 2012:

I read about Bitcoin on various tech forums from 2012-14 and followed it closely. I got involved in late 2013 and had fun tipping back and forth. Loved the community aspect. When Bitcoin failed to die after Gox I really started taking it seriously. That was the moment for me. I wanted to write about it for my thesis because I had spent a lot of time on corporate governance in business school and I felt that it was worth determining what corp gov was like on blockchains. Turns out it’s a cargocult imitation most of the time. And super paradoxical. You probably shouldn’t be rebuilding corporate structures on blockchains if you want them to be functionally decentralized.

Nic Carter’s LinkedIn page states that he graduated from the University of St. Andrews in 2014 with a Master of Arts (M.A.) in Philosophy and International Relations. In 2017, he graduated from the University of Edinburgh Business School with a Master’s Degree in Finance and Investment.

From November 2017 to July 2018, Carter served as an Investment Research Analyst for cryptoassets at Fidelity Investments.

In August 2018, Carter criticized online media for their lack of understanding of cryptocurrencies and their unwillingness to learn more about them.

 

Nic Carter’s Coin Metrics

Coin Metrics homepage.
Courtesy of CoinMetrics.io.

 

In January 2017, Nic Carter co-founded digital asset analytics platform Coin Metrics. Since the company’s foundation, Carter has served as its Board Chairman.

Coin Metrics’s purpose is “to empower people to make informed crypto financial decisions.” To this end, Coin Metrics provides users with access to a number of analytics tools, including:

  • Atlas – a blockchain explorer and search engine containing data on transactions, addresses, and blocks.
  • Network Data Pro – a tool providing performance metrics for cryptocurrency assets.
  • Market Data Feed – a tool that accumulates historical and real-time data from “over 30 of the world’s leading spot and derivatives crypto exchanges.”
  • Reference Rates – a tool that calculates crypto asset prices in US dollars. Reference Rates supports hourly or second-by-second granularity.
  • Indexes – a collection of single-asset, multi-asset, and unique crypto asset benchmarks.
  • FARUM – a risk management toolset that is intended to help users identify network attacks, blockchain splits, or market abnormalities, among other things.

These tools may be used for digital asset market research, or they may be integrated into third-party applications or websites through supported APIs (Application Programming Interfaces).

 

Nic Carter’s Castle Island Ventures

Castle Island Ventures homepage.
Courtesy of CastleIsland.vc.

 

In June 2018, Carter became a founding partner at Castle Island Ventures.

Castle Island Ventures is an investment firm focused on public blockchains:

We are a venture capital firm focused exclusively on public blockchains. We invest in infrastructure and application companies that will enable these transformative protocols to power services for the next billion users.

 

We believe that permissionless blockchains represent a new form of politico-economic institution that will fundamentally alter market structures and spawn entirely new industries. 

We are focused on supporting entrepreneurs that are on a mission to build the infrastructure services to push these networks to their potential.

The portfolio of Castle Island Ventures is listed on its website and includes Bitwise, BlockFi, Coin Metrics, Manetu, Zabo, and a number of other companies. Castle Island Ventures hasn’t disclosed the total value or exact composition of its portfolio.

Castle Island Ventures portfolio.
Courtesy of CastleIsland.vc.

 

As part of Castle Island Ventures’ activity, Nick Carter co-hosts the On The Brink podcast with his Castle Island founding partner Matthew Walsh. The podcast features weekly news roundups, as well as interviews with prominent investors and crypto/blockchain entrepreneurs, such as Balaji Srinivasan (in February 2020) and Lyn Alden (in June 2020).

 

Nic Carter And The Adoption Of Bitcoin By El Salvador

On June 9, 2021, Forbes reported that Central American country El Salvador approved Bitcoin as legal tender, becoming the first country in the world to formally adopt cryptocurrency.

On the same day, Nic Carter held a Twitter Spaces conference to discuss El Salvador’s decision. Forbes writes that Salvadoran President Nayib Bukele joined Carter’s conference.

On June 16, 2021, Carter discussed the event with Bankless.

 

Nic Carter Net Worth

Nic Carter’s exact net worth is unknown. However, on a tangential note, in February 2021 CoinDesk reported that Castle Island Ventures raised $50 million for its second fund. The first fund had raised $30 million in June 2018.

 

Online Presence And Publicity

Nic Carter is present on Medium and Twitter. Carter also has a YouTube channel, but he isn’t very active there.

Carter has a personal website as well where he lists his past and ongoing projects.

Carter has appeared on the Lex Fridman Podcast, The Times Podcast, The Verge Podcast, and Bloomberg TV.

 

 

 

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