Nomics.com & Nexo are pleased to present the 2021 Nommies, a celebration of the top products and services in crypto.
Bitcoin (BTC) has been hitting historic highs. Ethereum (ETH) is hard at work on Eth2. Institutions are buying in. What better time for the Nommies, our first annual celebration of the top products in crypto!
Algorithmic Crypto Product Rankings
Last year, we teamed up with Nexo (NEXO), a leading provider of crypto-backed loans, to promote transparency and professionalism in the space by launching crypto’s first algo-driven product and service rankings.
Since then, we’ve kept real-time rankings for more than 20 product categories. Rank is based on products’ reputation scores, which our algorithm approximates from sources like referral links, news sites, tweets, and Reddit mentions. There’s a buyer’s guide for each category at Nomics’ Best-in-Crypto Product Rankings.
Best in Crypto, by Category
Many of this year’s winners are known and respected brands, but there’s much to be discovered. We rank everything from familiar, consumer-focused products like crypto hardware wallets and debit cards to cryptocurrency OTC desks, blockchain surveillance companies, and providers of cryptoasset mining hardware.
Today, we kick off the Nommies with the following winners from our wallets category:
We’ll announce the rest of the winners over the next three weeks.
And now without further ado, the top products and services for HODLing, spending, trading, analyzing, mining, and learning about crypto. Ladies and gentlemen, the 2021 Nommies.
Whether you’re an active cryptocurrency trader or a long-term HODLer, you need a cryptocurrency wallet. These are the winners among the several types of wallets available:
Since 2011, Blockchain.com has generated nearly 50 million wallets, making it one of the most popular storage solutions in crypto. Indeed, the Blockchain.com wallet is trusted by both individual and institutional clients in over 140 countries.
MetaMask is a cryptocurrency wallet and bridge to the decentralized web. Users can store and manage cryptoassets like Ether, ERC20 tokens and ERC721 collectibles while accessing Ethereum DApps from their web browsers – without running a full Ethereum node.
Bluewallet is a custodial-by-default solution that helps you take advantage of hosted Lightning wallets. Apart from that, it allows you to connect your own node and take complete control of your funds.
Founded in 2014, Ledger produces some of crypto’s most popular hardware wallets. These devices are known for being user-friendly, and they currently support over 1,250 cryptocurrencies.
Unchained is a weekly, hour-long podcast that dives deep into matters of cryptocurrencies and blockchain. The podcast is hosted by Laura Shin, a former senior editor at Forbes, and offers interesting insights from the people building the decentralized internet of tomorrow. Unchained is considered one of the most popular and interesting cryptocurrency-related podcasts available.
Credit & Debit Cards
Coinbase, one of the world’s top crypto exchanges, also offers a Visa debit card. The Coinbase card is funded by its holders’ balances and provides a quick and easy way to spend cryptocurrencies worldwide. According to Coinbase, its card makes crypto as spendable as money in the bank as it can be used in millions of locations around the world.
CoinTracking helps with taxes for your tax declaration of Bitcoin and altcoin transactions and taxable events. The platform supports over 12 tax methods, including FIFO, LIFO, AVCO, and more. Aside from that, the CoinTracking platform also works as a trade analysis tool that generates real-time reports on profit and loss, the value of your coins, realized and unrealized gains, and much more.
BitGo is considered the premier custody solution provider to institutional clients. The company was founded in 2010 by Mike Belshe, a former Google engineer and serial entrepreneur. In 2018, BitGo became a financial services company with the launch of BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo contributed to solving the problem with the lack of transparency and stability in the cryptocurrency industry, which, at the time, was preventing institutional investors from entering the niche.
If you are familiar with the crypto space, there is no chance you haven’t read something from CoinDesk. The media platform is among the leaders in the field and one of the top news sites for blockchain technology and cryptocurrency, reaching millions of users worldwide through its website, social media, newsletters, podcasts, video, research, and live events.
Since its inception in 2015, the Consensus conference has become the benchmark for quality blockchain and cryptocurrency events worldwide. Organized by CoinDesk, the Consensus conference is a place where the industry can discuss and share new findings and breakthrough discoveries in the world of blockchain technologies and digital assets.
Genesis Trading is an OTC digital currency trading platform serving the needs of institutional buyers and sellers. It grants access to block size liquidity for high-net-worth individuals or institutions looking to buy or sell cryptocurrencies. Genesis has been facilitating transactions of illiquid assets for over 10 years, and today, the service provider is one of the leaders in the industry and among the most popular OTC desks.
DCG, led by Barry Silbert, describe themselves as strategic investors rather than a venture fund. The company states that its main goal is building and supporting the largest early-stage investment portfolio in the digital currency and blockchain ecosystem. The strategic investment fund aims at supporting the best ideas in its target markets by providing capital through a company’s lifecycle, connecting the founding teams to its wide network, and using its collective knowledge and insights to help companies grow and scale.
Genesis Mining is among the world’s oldest, most trusted, and established hashpower providers. Its story began at the end of 2013 when the company’s founders met each other while trading Bitcoin. Since it was founded, the company has conducted over 100 million transactions. Genesis Mining serves more than 2 million customers from 100 different countries.
Mining Hardware Providers
Bitmain is considered to be among the leaders in the crypto mining industry. The company specializes in producing state-of-the-art supercomputing hardware for blockchain and artificial intelligence applications and has a rich product portfolio including chips, servers, cloud solutions, and complete ASIC configurations. Bitmain was founded in 2013 in Beijing. Today, it has research and development centers in Hong Kong, Singapore, and the United States. According to industry statistics, Bitmain’s ASICs account for 75% of the global market share.
The Bitwise 10 Crypto Index Fund tracks the cryptocurrencies in the Bitwise 10 Large Cap Crypto Index (BITX), a basket of the 10 most highly valued cryptocurrencies, screened & monitored for certain risks, weighted by market capitalization, and rebalanced monthly. Founded in 2017, Bitwise is considered a leading provider of crypto index fund investment services.
Founded in 2016, Polychain Capital is a US-based cryptocurrency-focused investment management firm that is considered the world’s premier digital asset hedge fund. Based in San Francisco, the company actively manages and invests in global blockchain assets to achieve exceptional returns for its investors. According to Polychain Capital, their core values are expressed in having a long-term vision, fierce intelligence, quantitative reasoning, and a team of low-ego, open-minded people.
KYC/AML Service Providers
Onfido is among the leading KYC/AML service providers, meeting the needs of companies operating within the financial and other sectors. The company employs an automated AI-based technology that assesses whether a user’s government-issued ID is genuine or fraudulent and then compares it against the individual’s facial biometrics. The whole process is swift and requires no more than a couple of minutes. Onfido serves over 1,500 clients, some of which include Revolut, Bitstamp, Nexo, Square, and more.
Blockchain Surveillance Companies
Chainalysis is considered the leader in the blockchain surveillance and analysis business. The firm provides compliance and investigation software to ensure the secure operation of blockchain networks among banks, businesses, and governments. Chainalysis serves clients from over 40 countries, including the likes of Lendingblock and Europol’s European Cybercrime Centre.
On-Chain Data Providers
Coin Metrics was founded in 2017 in Boston, MA with the goal to develop tools that empower its clients to better understand, value, and invest in cryptocurrencies. It serves institutional clients, including funds, asset managers, exchanges, research desks, and investment banks in need of trusted and transparent on-chain data, analytics, and insights.
Founded in 2014, Coinigy is a cryptocurrency trading platform and, according to its team, the tool of choice for over 45,000 traders around the world. The platform provides several benefits, including the chance to connect with over 45 exchanges, real-time access to pricing data, full-featured spot trading, Arbitrage Matrix, rich charting tools, and portfolio management/aggregation features.
Blockchain App Factory is a blockchain development and consulting company focused on assisting blockchain entrepreneurs in the process of building, marketing, and growing their projects. The company is headquartered in India but also has offices in Japan, Singapore, Malaysia, and Australia. In the field of marketing and advertising, Blockchain App Factory helps its clients with ICO and STO marketing, PR, and various advertising services. The company has been around since 2018 and has so far helped its clients raise over $700 million in funding for their projects.
Prime Brokerage Companies
BitGo, the world’s leading digital asset custody provider, entered the crypto prime brokerage niche by establishing BitGo Prime. BitGo Prime serves institutional investors by providing them the opportunity to trade their crypto assets directly and anonymously from the safety and security of insured cold storage at BitGo Trust. BitGo Prime states that it sources from a deep pool of liquidity across a number of Tier 1 exchanges and market makers and acts on a riskless principal basis, providing liquidity to clients directly on a non-disclosed basis.
What About Credit Lines & Interest-Earning Accounts?
Since Nexo is our core partner and title sponsor, we’ve omitted these categories altogether to avoid conflicts of interest. We encourage you to explore the real-time rankings for Crypto Credit Lines and Crypto Interest-Earning Accounts located at our best-in-crypto buyer’s guides.
Onwards and Upwards,
P.S. Rankings are located at nomics.com/guides. Read them all, or choose the crypto product rankings that matter most to you.