Current Thoughts On Pricing The Nomics Crypto Market Data API (Ep. 0004)

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 a free plan and then on the other hand, you've got this $500 a month plan. What we found is that almost everyone purchasing the $500 a month plan is a developer CTO. Because they're a developer, [00:01:00] they could investigate the API, use it, they know that it's good and because they're a C level person in their company, they have clearance to make the purchase, right, at that price point. Really, we need something in between. I think you're probably going to see us deprecate some of the things in the free plan where we're going above and beyond everyone in terms of what we're giving away for free [00:01:30] and you're probably going to see some of the things available at the $500 a month plan available at lower price points. Just a heads up that that's coming. Hopefully, we won't get too much hate mail around this. I think we're going to do this in a cool way that ultimately is kind of mindful of all the dependencies that exist and I think it's better to do this [00:02:00] earlier in the development of the company rather than later. Anyway, just know that we want to make a lot of those paid features available to more folks going forward. All right, hope you've enjoyed this podcast. I'll see you tomorrow for the next Nomics Update. Bye. Website: https://nomics.com Crypto Market Data API: http://nomicsapi.com Personal Twitter: https://twitter.com/ClayCollins Company Twitter: https://twitter.com/NomicsFinance