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Koda Cryptocurrency is on a mission to âcrypto the âun-cryptoedââ by focusing on educational resources through various projects and community channels. The end goal of KODA is to transform the crypto into a transactive currency while simultaneously offering rewards for holding or staking the coin.
In an interview with Invezz, Koda CEO James Gale shared his thoughts on how his experience in an unrelated field is a tremendous asset and whatâs next for the platform.
From pest control to cryptos
Gale worked at JG Pest Control, one of the largest pest control companies in the United Kingdom. His journey from pest control to cryptos might seem unusual to some. Gale told Invezz in the interview:
âIt doesnât look like a natural jump from a pest control company to a cryptocurrency, donât get me wrong but there was a lot of sense in it.â
Gale designed the technology platform and marketing that resulted in tremendous growth at JG Pest. He said âinvestors absolutely loveâ that he has demonstratable success in business and technology along with a vision on how to generate a similar growth plan.
Another benefit from his background is he gets to work side-by-side with his brother Callum â who also worked at JG Pest Control.Â
To round out the upper management roster, Gale brought in Mike Fiebig who has a background in financial services to run business development. In total, Gale manages a team of around 40 people that spans multiple areas of expertise.
âWeâve got people from an IT background here in the office with me and then weâve got developers all over the world. So itâs sort of built around puling out the strengths of each of those areas and then we slap on top of that, a really sort of classy creative and marketing team as well.â
Future plans for Koda
Gale said he has been thinking about listing its coin on a global exchange since its launch. Currently, Koda can be bought via PancakeSwap which is a common home for small cryptos before migrating to larger platforms like Binance or Coinbase.
Koda is still in the âinfant stagesâ but the management team is busy building âvalue behind the scenes,â he said. Current objectives include the launch of a sister token called Koda Apex (KAPEX) that will be fed liquidity from KODA wallet transactions
Koda is also developing its own decentralized exchange called SummitSwap. This would encourage holders to use its exchange rather than encouraging people to go to a different exchange, he said.Â
Gale said he expects SummitSwap to launch âhopefully later this year.â
The future of money
Gale said in a YouTube video that cryptocurrencies are the future of money. When asked to clarify, he told Invezz that he believes money, as we know it today, will âdisappear.â The timeline canât be predicted, but fiat currency will not be around be it in 10, 20, or 50 years.
The technology within the blockchain and behind cryptos, simply put, is superior to what is used in the current financial system, he said.
The post James Gale: from powering a pest control company to CEO of Koda Cryptocurrency appeared first on Invezz.
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