I want to share a little bit about my thoughts on the ShapeShift layoffs. And a lot of empathy I'm having for Erik Voorhees right now. So first off, I think it's pretty cool that he was upfront about these layoffs. There are definitely things that companies can do to not let it leak out to the public that there have been layoffs. There's lot of techniques for doing that, [00:00:30] if you're into HR. And he didn't do it. He didn't do any of that, any obfuscation. He wrote a Medium post about it,...
Jan 11, 2019•12 min
I want to share with you why we shifted away from telegram for our community and for our market data API support. So, the impetus [00:00:30] for this really came when I received an email from an API user who wanted free support via email and we don't offer free support for our API via email. We do it through forums because if we're going to spend some time helping someone who's not paying for the API, we really want it to be documented and searchable and available to everyone else who might be i...
Jan 10, 2019•9 min
Hey. So this one might be a little bit off topic. Maybe it's not. No, it definitely qualifies as how I define this podcast as my journal. So I want to talk about why in my humble opinion and after years of bad experiences why I think launching [00:00:30] should be a marketing event and not an engineering event. Like, of course, a launch is a marketing event. Everyone gets that. But I think the thing here that's most important is that launching should not be an engineering event. So I think engin...
Jan 08, 2019•8 min
Man, I really love a boring business. I think boring businesses are really beautiful in a lot of ways for so many reasons. I first started thinking about boring businesses when this person I knew made an absolute killing back in the day. I don't even know if their company is around anymore, but they started what was essentially [00:00:30] Uber for construction type dumpsters in Europe. It was one of those things where it was an old industry. They didn't really use technology. There were no apps....
Jan 07, 2019•8 min
I get a lot of emails almost I'd say one every 2-3 days from someone that basically says something like, "Hey, I love what you're doing. We should partner. Let's get on the phone to explore." Right? I [00:01:00] never ... it's hard to respond to those, right? At the very beginning when we were new and just wanted to talk to anyone to get feedback and learn about how other people saw us in the space. I would get on some of these calls and be like, "Okay, what ... how do you want to partner?" They...
Jan 06, 2019•7 min
I had some time off during Christmas, and the holidays, and the New Year, and stuff. My family went to California, spent some time in remote desert places, and some dive bars. My parents took the kids for a few days, and my wife and I went and [00:00:30] drove back roads around some of the areas where I grew up in rural Southern California. The deserts and the back roads of that area. I had a lot of fun. When I got back, I had a couple days in the office where it was just me working. I think som...
Jan 05, 2019•15 min
I started thinking about moonshots after speaking with one of our investors Nikhil at CoVenture Crypto. He's a partner there. And I guess the back story on this is Nikhil Kalghatgi met with me and also Ateet from [00:02:30] CoVenture Crypto who runs their quant fund. We met for breakfast when I was in New York, and one of the questions that I like to ask investors is what's the best way to engage you. So Ateet had been helping us out with a bunch of pod related things. He's deep in data all day ...
Jan 04, 2019•11 min
It's me reporting you live from the depths of the bear market in the space, and I've been talking to a bunch of investors recently, I mean, I guess that's what I do all day for the most part. But, I am reflecting on the kinds of companies that are getting funded here recently, like companies that are getting funded [00:00:30] not token projects. Although, I haven't seen a lot of token projects getting funded recently, and it seems like the pendulum has swung so in 2017 investing in crypto assets...
Dec 31, 2018•6 min
Recently, I've been contemplating the gift of learning patience from longer sales cycles. In a previous life, I come from kind of prosumer, B2B, SaaS world, where a lot of sales were driven by scarcity marketing or incentivizing customers to purchase because [00:00:30] there was perhaps a discount available with a promotion that's going away. Or some bonuses that came if people buy the product by a certain time, and that went away. It has many of the sales characteristics as Groupon, right? Ther...
Dec 21, 2018•8 min
Man oh, man am I'm nervous. Man, am I'm nervous. Had trouble sleeping last night and all of that. So tomorrow, I'm recording this ahead of time. So tomorrow, but you probably have already heard of it by now or at least we've told other people, you might not have heard yourself. Tomorrow we are announcing our Series A fundraise. It's a pretty cool event, you can read [00:00:30] about it. Arthur Ventures led the round with Coinbase Ventures, and Digital Currency Group, and Davenport, and Polymath,...
Dec 19, 2018•8 min
Hey, this is Clay and I am pleased to announce that Nomics has raised a Series A round venture capital financing. Leading the round is Arthur Ventures, and also participating are Coinbase Ventures, Digital Currency Group, TokenSoft, Ben Davenport, who is the co-founder and former CTO of BitGo, CoVenture Crypto, CityBlock Capital, [00:00:30] King Capital, and some other friends and family, who participated in the round. We're excited to partner with all of them. I can tell you a little bit about ...
Dec 18, 2018•12 min
When I first got started [00:01:00] in the cryptocurrency space, I started looking at websites like CoinMarketCap, and there was no about page. There was really no phone number. People wouldn't tell you who they are. People were using pseudonyms. Everyone was like cryptopeeweeherman on Twitter. For the most part, that trend has continued. We do have a few competitors here and there [00:01:30] that will say who they are at least on the consumer side, but for the most part, nobody tell you who the...
Dec 17, 2018•7 min
So I'm pretty tired today. We decided when we first started Nomics that we just weren't going to build a marketing time and we weren't going to hire admins or directors of operations and it's for a bunch of reasons, but I see a lot of really bloated organizations, especially in the block chain space. I see organizations that have a COO and a finance person [00:00:30] and this person and that person and they'll have like a bunch of analysts, a marketing person, a PR firm. It will be like a 15 or ...
Dec 06, 2018•17 min
Quick update today. If you go to: asknomics.com, it'll send you a page where you can record audio question. If it's a good question and relevant to what we do and all that, we will answer it live on this podcast, which is the Nomics update. Anyway, I look forward to hearing your questions. I'm happy to talk about future product roadmap, points of differentiation verus competitive products, our API, [00:00:30] the future of the API, how our company is set up, funding, any of that stuff. So, again...
Dec 04, 2018•1 min
I want to talk for a bit about how Adderall, the drug, meditation, and therapy have changed my life. I realize this is a diversion from what we normally cover, and I think it's questionable whether or not I should even be talking about these issues in this podcast, right. It's called the Nomics Update, it's about the company, but I think in a lot of other ways this is kind of inside our journey building this start up. So, [00:00:30] there might be a chance that i never do this kind of update eve...
Dec 03, 2018•8 min
Each day, almost every day, I get pitched by a company or a person that would like to be on the Nomics ... on the Flippening podcast, our most popular podcast, the one that is reliably getting over 25,000 downloads per episode. Often it's over 50,000 downloads per episode. Sometimes it's a PR firm that reaches out and I never really entertain those requests. I [00:00:30] only talk to folks who are looking to book themselves on the podcast, but actually, there's only been one attempt so far from ...
Nov 28, 2018•9 min
Hey, this is Clay. Welcome to The Nomics Update for today, and today I want to talk about something that's come up a few times here in the last month. We actually get a few bug logs, bug alerts from our community that essentially come in and say the following, "CoinMarketCap is showing this number, and you're showing a different number. You have a bug," and so this might be related to the all-time high [00:00:30] of a crypto asset. They might be telling us that the volume numbers that we're repo...
Nov 27, 2018•9 min
Hey, it's me, your trusty market-data API, CEO here at Nomics. This is usually my audio journal, but today I'm going use this opportunity to shill. First off, how was your Thanksgiving? I hope it was good. I hope you avoided fights with the in-laws or whatever, having to explain why everyone invested in Bitcoin and lost money. [00:00:30] I had a good time. I did see a little bit of fighting. I did not participate in any family infighting but the stress is over and we're back to business. I got i...
Nov 26, 2018•6 min
Hey, welcome to my journal, for whatever day it is. Okay, so, have some exciting news. I'm pleased to announce that we can now provide order book data at 100 millisecond intervals. So you might notice that, at the middle tier of our API plan, we're able to provide order book data, roughly at 15-minute snapshots. There's a lot of quantum physics and stuff going into [00:00:30] exactly how that plays out across great limits on a whole bunch of different exchanges. But if you are a enterprise custo...
Nov 23, 2018•2 min
Hey, welcome to my audio journal for today. Today I want to talk a little bit about site speed. Back in the day, Google did everyone a huge favor by saying that, all things being equal, faster sites will outrank slower sites. Right? They essentially said that site speed would be a ranking factor. Along with this, they provided a number of tools for evaluating how fast one's website is. [00:00:30] This really made the web a lot faster because everyone wants to rank. Companies that produce website...
Nov 21, 2018•5 min
Hey, this is Clay. Welcome to another episode of The Nomics Update. Today I'm going to talk about color capitulation. So for some time now, we've really been proud of our branding. When we first started, we hired a fancy branding agency, and they're called Fuzzco. They've worked with MailChimp and other folks, pretty fancy team, and we developed this dynamic brand together, [00:00:30] and the way the brand works, I'm sure you've seen on the website, is that the colors change on the website based...
Nov 21, 2018•5 min
Hey! This is Clay. Welcome to the next episode of the Nomics Update. I'm coming at you live from New York late at night. Man, I just want to get in the habit of putting these updates out every day so I'm doing this even though I'm pretty tired. I guess I wanted to talk a little bit about our pricing plan for the API. I think you're going to find that things are going to [00:00:30] change here pretty quickly. You're kind of in an awkward place with pricing for the API where on one hand, you have ...
Nov 21, 2018•3 min
Nomics.com now provides pages with analytics on individual cryptocurrency exchanges (like Binance, Poloniex, Coinbase Pro, etc.). See here for an example: https://nomics.com/exchanges/binance
Nov 21, 2018•4 min
We just launched a new index page that features total crypto market volume over time, # of trades executed across various exchanges, and much more. See: https://nomics.com/exchanges
Nov 01, 2018•2 min•Season 1Ep. 3
Clay discusses marketing tactics & go to market strategies for cryptocurrency exchange growth. He also discusses an upcoming audio documentary about cryptoasset exchanges. Please contact Clay if you're an exchange operator willing to talk on the record about tactics you've used to grow your exchange and the results they've produced.
Oct 25, 2018•8 min•Season 1Ep. 2