''Regulation Will Help The Crypto Industry To Grow'' - KXCO Sales Specialist Carl Nicola

@penworth

A seasoned blockchain journalist & consultant keenly interested in crypto stories,...

Carl Nicolas has more than 40 years of experience in business and marketing and has co-founded and sold several businesses in the past. He told me in this interview that his wealth of experience on Wall Street is helping him cope with the marketing part of cryptocurrency.

Can you briefly tell us about yourself?

My name is Carl Nicola. I have worked in the financial business for more than forty years. I have founded companies and run them from telecom, healthcare to technology. My partners and I have sold companies to large public companies, and I have done business with Fortune 500 companies I was in.

Can You Recall How Your Journey to Crypto Began?

I got into the crypto business through someone who introduced me to Dr. Heffernan, the co-founder of KXCO. I met Heffernan, a very intelligent who had a clear plan of what he wanted to do.

He did accomplish that, and I find him one of the people who keeps me abreast of the latest developments in the world of crypto, and we have put together a great platform. At least, I think so.

What I appreciate about him is that he took his time; he didn’t rush into things, and every part of his platform is working like clockwork right now. He has attracted people from all over the world who want to use his platform.

He also has the respect of investors and business people because of his background of over forty years trading equity, trading currencies and what have you.

The company he founded, Knightsbridge KXCO, is not a typical crypto company. We just like to pick and choose the things that we want to be involved in. I also respect him for realizing where the marketplace is going, and that marketplace is in South East Asia, China, and India, where the next bull market in everything, not just crypto, is going to be in those countries.

They seem to be looking at the biggest growth over the next period of bull market.

Controversy erupted last year when the SEC fined Kim Kardashian the of sum $1.26 million for 'unlawful touting'. How has SeC intervention changed crypto marketing in the US?

One thing that hurts is the fact that the crypto industry has been brought to its knees by a lot of bad actors and they have given the crypto business a bad reputation. I think it is going to take people like the Dr. Heffernans of this world to be able to bring this innovation to business people around the world.

If you look at our website and who we are doing business with, you will see that we are dealing with top-notch people.

We are trading crypto, of course, but that is not necessarily our main target. Our main purpose is of course to develop a platform and a Goldman Sachs type of business with blockchain which is going to be a game-changer in the future in the way it will make life a lot easier for the crypto world.

Just a mere fact of the tokenization and green credit and what-have-you that we are offering.

We don’t want to necessarily sell crypto; we want to build a platform like NASDAQ and the NYSE where there is regulation.

What is your experience as a sales specialist?

My experience as a sales specialist is relatively new owing to the fact that I just started in the crypto part of it. But it is coming easily for me owing to my more than forty years of experience on Wall Street. I have been in the bond business and the equity business.

I have also been in the commodity business and I know how to work with people and take care of my clients.

What do you especially do at KnightsbridgeDAO?

At Knightsbridge, I am on the board, and I'm helping with making decisions with Dr. Heffernan and a group of extremely knowledgeable people. So it makes my life easy; we are not reconstructing the system. We are just making it better so everybody can use it.

Is the crypto finance revolution coming to a halt?

I think the crypto business will have its fair share of hurdles. But if the regulation comes in that will help this industry to grow. I don’t think crypto is not coming to a halt. If anything, I think it going to reach stratospheric height.

It will be the major players that will be in this; you will also have the major banks globally, and as you are well aware they are starting already to deal with crypto. As we have recently seen with Blackrock filling the Bitcoin ETF something which is currently making headlines, I think this example is what we want to see.

How much regulation is needed to ensure the growth of the industry?

I do believe that regulation will help the industry and assure people that they won't have FTXs anymore. Just take a look at what has been happening this week alone with Binance. This is ag doing what they are not supposed to do.

Until they take care of that, this business will be on hold because we deal with people who want to use the platform to raise money for their businesses and to make sure they are getting the best possible information and the fact that they are working with professionals.

What in your view is the biggest challenge facing the crypto industry?

The crypto business with the use of blockchain platforms will be a part of the financial business, but it has to act like a financial business and be regulated that way. They can't do it haphazardly and then every other month you have someone else blowing up because they did something up.

The sooner they regulate and it right, I think it will be a much easier place to do business, and it will go to where it is supposed to go.

Any parting words?

My parting words are to take a good look at what Knightsbridge has put together. It is a very sophisticated platform. We have got some very smart people working for us.

Dr. Heffernan has picked some of the best technology people who understand this a great deal and more important than anything else he stays on top of everything he does leaving decision-making just to anybody. He is on top of everything, and he has a great business background.