Ep25: Nic Carter and the REAL Value of Blockchain

I don’t know if you’ve noticed, but people are overusing the word blockchain. In fact, a recent article I read exposed twelve publicly traded companies that reaped huge valuation rewards simply by adding the word “bitcoin” or “blockchain” to their name.

Now listen, this technology that is coming through is special. I have no doubt about it. But even actual blockchain projects may not have a real reason to include distributed ledgers.

All of this, of course, is going to flush out over the next decade. Our job, in the meantime, is to understand the technology as well as we can and to try to understand for what it is best suited.

My guest this week on Consensus Network has a special set of skills. His ability to think at both a macro level and as an analyst evaluating projects is impressive.

His name is Nic Carter and he is going to help us navigate through the rapidly changing world of distributed ledger technology.


Before joining Castle Island, Nic Carter worked for Fidelity as their first cryptoasset analyst, where he devised research perspectives on public blockchains.

He is the cofounder of Coinmetrics.io, a platform devoted to demystifying on-chain data and bringing transparency to the industry. He has written extensively about token holder rights, cryptoasset governance models, and public blockchains as political institutions.

Nic blends pragmatism with a data-driven approach in determining how entrepreneurs can best interface with these new institutions.

He holds an MA in Philosophy from the University of St Andrews and an MSc Finance and Investment from the University of Edinburgh.


  • Nic Carter’s background

  • What’s is Coin Metrics

  • How is Coin Metrics different than bits activity and other competitors

  • Castle Island

  • Blockchain, blockchain, blockchain…

  • When will the impact of institutional interest reflect the market?

  • Learn more about Nic Carter

  • https://medium.com/@nic__carter

  • coinmetrics.io