Image for post
Image for post
Enterprise tools bring Nomics along for the ride

Not So Secret Handshake, Demystifying the HNS Ecosystem

Part 3: Nomics Finance

Graham McBain
Apr 14 · 3 min read

Table of Contents: (Parts 6, 5, 4, 3, 2, 1, 0)

In this series I’ll be covering all the projects building on Handshake. After writing a short article with a high level take on the project I decided to take a deeper dive. If there is a project or person you’d like me to cover, reach out to me on Twitter.

Project Feature: Nomics

While not a Handshake specific project, Nomics is providing a valuable service to the ecosystem, Data. More specifically, good data. The Nomics team are focused on supporting funds, apps and exchanges with with transparent and accurate data.

We’re featuring them in this series because they were one of the first data sites to support Handshake. In this case, support means providing investors data to make actionable decisions on.

Let’s meet the team:

Uhh, Who?

If you’re not a fund, fintech company or crypto exchange the name Nomics may be new to you. But if you’ve ever tried to trade via an API, then you know the importance of fast, accurate data. Even if you’re not a developer or professional trader, you can imagine that it’s important for your automated trading strategies to be able to rely on the data they’re trading against — as bad data would mean incurring poor returns if your strategies are then deployed on the public market.

There are certainly other companies in this space that market themselves as having both rich and accurate information. Other companies still provide data, but are noticeably quiet on exactly how correct it is. What really sets Nomics apart from their competitors is that they are an “API first” business. If you don’t know what this means, it means that they primarily focus on creating tools for developers to bring data directly into their application or trading algorithm — they focus on the good data, and in return you get better models.

As a Handshake Hodler what do I need to know about Nomics?

For those of us who may just be looking for a chart to refresh all day hoping for a moonshot, Nomics is here to serve that need too. Frankly, if you’re looking for accurate information on any crypto-asset it’s a great place to check. Exchanges are known for faking volumes. Wash trading plagues the industry at large, and generally the price of an asset can change no matter where you look.

So if you’re an institutional player thinking about adding crypto assets such as HNS to your portfolio, or looking for better data to feed your trading bot, Nomics could be for you.

They were an early supporter of Handshake (and they even correctly cite the circulating supply, as the HNS asset is burned from name bidding), so I think they are the bees knees. But as with everything in crypto, do your own research.

Where can I find these paragons of the programming interface?

They are a real company, with a reliable customer service team. The best way to connect with them is to head over to Nomics.com to get in touch. If you’re a crypto twitter enthusiast, you can find the individual team members in the links above.

Want to learn more about the Crypto ecosystem? Join me a Remote Crypto Con

Get your free ticket here

If you’re enjoying these posts you can support my work:

- Tip me $HNS:hs1qpqtj33nrzmt9lyulah6p2s73zjg5zshkq7r2sq
- Buy some
Handshake Merch
-
Subscribe to Week in Handshake

Edited By: Steven McKie

BlockChannel

BlockChannel is a new media & educational hub focused on…

Sign up for BlockChannel

By BlockChannel

An educational new media org (+show) focused on the sociocultural/cryptoeconomic issues related to blockchains/crypto. Take a look

By signing up, you will create a Medium account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.

Check your inbox
Medium sent you an email at to complete your subscription.

Graham McBain

Written by

Average Simulation Avatar || Crypto Maximalist

BlockChannel

BlockChannel is a new media & educational hub focused on the socio-cultural/economic issues related to blockchain technologies like BTC/ETH/& HNS. Visit BlockChannel.com for more resources; and SoundCloud.com/BlockChannelShow for our official podcast.

Graham McBain

Written by

Average Simulation Avatar || Crypto Maximalist

BlockChannel

BlockChannel is a new media & educational hub focused on the socio-cultural/economic issues related to blockchain technologies like BTC/ETH/& HNS. Visit BlockChannel.com for more resources; and SoundCloud.com/BlockChannelShow for our official podcast.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store