Nym
NYM#920 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Nym is for physical networks run by their users. We have not written its record yet, so its promises are not checked. It trades at $0.0226, #861 of all coins by size, 100% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #2 of 4 vpns. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: physical networks run by their users
- ✓Real backingBacking: backed by Andreessen Horowitz (a16z); trades on Bybit, KuCoin
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $19.03M, 31 times smaller than Beldex, the biggest coin within reach doing the same thing (VPN)
Backed by Andreessen Horowitz (a16z)
- Origin14 April 2022about about 4 yearsnym.com, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingAndreessen Horowitz (a16z)Investor tags from CoinGeckoListed on Bybit, KuCoin
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in VPN ($5.88M). To match the leader, Beldex ($593.91M), its price would need to rise 3022%, to about $0.7058.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Only 0 headlines named it last month
- Years younger than the group's leader
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Physical networks run by their users
114 coins tagged DePIN, worth $8.41B together. #47 of 114 by worth.
VPN: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Nym$19.03Mthis coin+1.2%84% outno record
Beldex$593.91M31.2× bigger, +$574.89M−1.0%, gap −2.3no max10 of 48 delivered
GameCow$5.88M3.2× smaller, −$13.14M−1.7%, gap −2.9100% outno record
Sentinel$2.16M8.8× smaller, −$16.86M−2.8%, gap −4.0no maxno record
VPN: this coin next to Beldex, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Nym says
- Existing internet protocols leak sensitive data that can be used without users knowledge — Nym is developing the infrastructure to prevent this data leakage by protecting every packet’s metadata at the network and application layers.
- Beldex says
- Beldex is a decentralized network that lets people send private transactions and messages.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Existing internet protocols leak sensitive data that can be used without users knowledge — Nym is developing the infrastructure to prevent this data leakage by protecting every packet’s metadata at the network and application layers.
Problem it says it solves: physical networks run by their users. 114 coins are working on it and together they are worth $8,409,518,291. This coin is 0% of that.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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VPN: this coin next to the group's largest, Beldex.
| Nym | Beldex | |
|---|---|---|
| Years trading | 4 years | 8 years |
| Major exchanges | 2 | 1 |
| Named backers | 1 | 0 |
| Headlines, last month | 0 | 5 |
| Promises delivered | no record | 10 of 48 |
What it says is different: Existing internet protocols leak sensitive data that can be used without users knowledge — Nym is developing the infrastructure to prevent this data leakage by protecting every packet’s metadata at the network and…
It is 3.2% the size of Beldex. On the facts above it is behind on years trading, headlines, last month, promises delivered. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $5.76 on 14 April 2022. Today is 0% of that.
84%
of all NYM that will ever exist is already out in public hands: 841.15M coins.
16% (158.85M coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
A vote, nothing more by itself
Holders vote on how the project runs. The coin does not pay for anything on its own.
- A vote on how the project is run
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 841.15M of 1B.
- 158.85Mcoins still to be released, 16% of the maximum. Releases can add selling pressure.
- 1.2×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $5.76 on 14 April 2022. That is −99.6% from the top.
- #861by market cap, $19,025,287.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy