Nomics Blog

Over the past few weeks, we’ve been “heads down” and hard at work on the product roadmap.

Here are the top highlights from the last few weeks . . .

Highlight #1 — The Alpha Release of Our API Is Live And In Use

We’re pleased to announce the alpha release of our API is in the wild and has experienced no known outages or downtime.  We’ve got a long ways to go developing our roadmap but we’re making improvements at a steady clip.  Feel free to go here and check out our docs if you’re an engineer and want to check out our docs.

If you have feedback, we want to hear it; feel free to leave us a message via Twitter, Telegram, or our contact us page.  And if your a developer interested in testing our API, please complete this form and we’ll get back to you ASAP.

Highlight #2 — View All Of Our Data Through The Lens of Any Fiat or Cryptocurrency

Nobody else allows you to do this . . .

We now let users view data through the lens of any fiat currency or cryptoasset. Want to view the cryptosphere through the lens of $DOGE? Now you can. Are you an Ethereum Maximalist? Now you view the world through the eyes of the “one true currency” (whichever currency you believe that might be).

https://t.co/NTPHOUPIVK now lets you view data through the lens of any currency. Want to view the cryptosphere through the lens of $DOGE? Now you can. Are you an #Ethereum Maximalist? Quote everything in the “one true currency” (whichever that might be).” https://t.co/0G884GeYtV pic.twitter.com/9Oeh85PKZq

— Nomics Crypto (@nomicsfinance) March 29, 2018

Highlight #3 — Make Feature Requests With Our New Product Roadmap Portal

Want to request a specific feature or token? Now you can do just that and view or our product roadmap at the same time.

Go here to register feature or token requests.

Highlight #4 — New Telegram Group

In addition to our Facebook group, we now have a Telegram community.  Feel free to join and communicate directly with the Nomics team and community.

Highlight #5 — New Podcast Episode Is Now Available (Masternode Businesses & Going Public w/ Troy Wong of Neptune Dash)

My guest in this episode is Troy Wong, CFO and Co-Founder of Neptune Dash, which he took public in January 2018 in Canada on the TSX Venture Exchange.

• Listen on iTunes
• Listen on Stitcher
• Listen on Google Play

Neptune Dash is the first publicly traded masternode company.  They currently runs 18 Dash masternodes, each of which generates about 6.8 Dash per month.

Neptune Dash’s business reminds us of proof-of-stake and proof-of-work mining businesses, with some characteristics of direct exposure investment vehicles like the Bitcoin investment trust, but there’s nothing else like this business model around.

I’m presenting this conversation to you as part of our attempt to broadly cover regulated businesses with cryptocurrency roots.

This is an interesting episode because there are no direct analogies to Neptune Dash’s business model in the traditional financial world.

Topics include:

• The interesting origin story of Neptune Dash.
• An overview of how a Dash masternode business works.
• Why Troy and his co-founders decided to start a masternode business vs. other options, like starting a fund.
• Why Neptune Dash’s stock is in some ways similar to an ETF product.
• Whether Neptune Dash reinvests 100% of their earned Dash into other masternodes vs. diversifying their earnings.
• Whether or not the company plans to pay out dividends.
• Why the company doesn’t vote on Dash governance issues.
• Why taking a venture company public is similar to running an ICO.
• Troy’s biggest challenges and headaches.
• Why Neptune Dash’s stock price is trading at a premium to the underlying value of the Dash assets they own.
• What Neptune Dash’s organizational structure looks like.

Closing Thoughts

We’ve really enjoyed the response we’re getting to this newsletter and want to ensure that it continues to deliver the value you seek as a subscriber.  If you have any content suggestions or issues you’d like to cover, please leave a comment below and let us know how we can best serve you.

A lot is happening at Nomics as we gear up for the alpha release of our API.

Multiple times per week Nick and I have been on the phone with software engineers at hedge funds, family offices, and cryptoasset projects . . . discussing datasets, backtesting, training machine learning models, and how our API and services can best serve our customers.  We’ve learned a lot. (Note: if you’re interested in getting early access to our API, please fill out this form).

Here Are Last Week’s The Top Highlights . . .

Highlight #1 — We Are Pleased To Now Offer Concierge Data Services to Institutional Investors, Family Offices, Hedge Funds, and Private Investors

This service is for organizations who (1) don’t have an in-house development staff, or (2) seek to free up engineering resources by outsourcing part of their cryptoasset data work.

In most cases, our fees are less than hiring a developer to do the work.

Services offered include:

• Strategy backtesting against our dataset of over 2 billion trades
• Training your machine learning models on our datasets
• Execution of rebalancing methodologies
• Building and testing crypto financial models
• Ongoing identification of arbitrage opportunities
• Implementation of your indexing methodology
• Finding time-delayed correlations among cryptoassets
• Custom and complex alerts and alerting

If you’re interested in engaging us in a cryptocurrency data project, please complete this form.

Highlight #2 — The Spec For The Alpha Version of Our API Is Now Live

The Nomics API is an HTTP+JSON API. There are a variety of endpoints for different types of data, with their own parameters and response types. All requests will require an authorization header with a valid API key.

You can review the proposed API spec here.

Highlight #3 — Our Form For Registering Interest In Early Access to Our API Is Now Live

The Nomics API is a lightning fast REST and WebSocket JSON API.

Our API aspires to be the data backbone for developers and professional cryptoinvestors.  Our product roadmap revolves around a “Triple A” feature set: our core product archives, aggregates, and analyzes both on- and off-blockchain cryptoasset data relevant to investors and traders.

The Nomics API provides:

• All trades and orders* on 30+ cryptocurrency exchanges (including historical trade data) behind one API
• Candlestick data for any time period
• Real-time and historical trade and order data*
• Price, market cap, supply, and all-time high data
• World class API documentation
• Service level agreements (SLAs) with uptime and response time guarantees
• Zapier and IFTTT integrations
• OpenAPI Specification and SDKs in many languages, such as JavaScript, Java, Go, Ruby, R, and C#.
• Rapid support turnaround times

If you’d like to be notified when our API is in private beta, please complete this form.

Highlight #4 — Rob Paone Interviews Me On The Latest Episode of The Flippening Podcast

My guest in this episode is actually me (Clay Collins).

On this episode, you will hear a very special interview conducted by Rob Paone, the host of The Crypto Bobby Podcast.

A few weeks ago, Rob interviewed me for his podcast and I liked the content so much that I asked Rob if I could air a modified version of that conversation here for you today. He generously said yes.

You’re probably used to me being the one asking the questions. In this episode, we flip the script and I hope you enjoy what happens when the tables are turned.

Topics include:

• Nomics’ origin story and what led myself and my co-founder to start Nomics.
• A high-level overview of what Nomics is involved in at the moment.
• What the future product roadmap for Nomics looks like, and the importance of our forthcoming API product.
• Why we think we have the cleanest data in the space.
• The evolution of institutional participation in crypto investing and some of the top lessons learned thus far from the Flippening Podcast.
• The difference between Alpha and Beta gains.
• The ethics of crypto asset liquidity events or ICOs.
• The evolution of ICO fundraising.
• Crypto index funds and crypto funds of funds.
• Why I’m so interested in decentralized exchanges.
• Our favorite crypto projects right now.

Listen on iTunes
Listen on Stitcher
Listen on Google Play

Closing Thoughts

We’ve really enjoyed the response we’re getting to this newsletter and want to ensure that it continues to deliver the value you seek as a subscriber.  If you have any content suggestions or issues you’d like to cover, please leave a comment below and let us know how we can best serve you.