Integrate Enigma Data Marketplace

[slavakurilyak]

Since Enigma Data Marketplace is now out, we can integrate new datasets into our app.

[slavakurilyak]

Along with circulating supply and market capitalization, volume is one of the most prominent metrics in crypto. (Coinist)

I think Trading Volume and Marketcap are two datasets to explore first.

[slavakurilyak]

Because of the varying levels of trading that occur with cryptoassets, it’s important for the innovative investor to pay close attention to the trading volume of an asset.

Bitcoin traders should keep in mind that volume plays an important role in evaluating price trends. High volume points to strong price trends, while low volume indicates weaker trends. Generally, rising prices coincide with increasing volume. If bitcoin prices enjoy an uptrend, but the currency’s upward movements take place amid weak volume, this could mean that the trend is running out of gas and could soon be over. (Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond, 2017)

I think incorporating volume as an indicator is a must, since volume does not rely on the price of the cryptoasset, but rather indicates popularity and usage.

[slavakurilyak]

Why do we need a volume dataset when we can use volume indicators provided by ta-lib library?

Ta-lib does not gives us volume alone. Ta-lib's On Balance Volume (OBV) indicator takes both price and volume into account.

real = OBV(close, volume)

[treethought]

I agree, that the volume data set may not be necessary. I could see the volume data set being useful for comparing volume across exchanges in a simple matter. But for single exchange trading strategies catalyst's data.history() already provides the current and historical trading volumes.

[slavakurilyak]

We need to wait for the Data Marketplace to move from testnet to mainnet (blockchain).

The Enigma Data Marketplace contract is currently deployed on the Ethereum testnet, and it has been submitted for auditing

(Enigma, 2018)

The two most powerful warriors are patience and time.

-- Leo Tolstoy

[slavakurilyak]

As of March 29, the Enigma Data Marketplace is live!

Initial Enigma-curated datasets that are available on the marketplace include:

1. Historical market cap data for tokens
2. Circulating supply data for tokens
3. Trading volume data for tokens
4. Github activity data for projects

[slavakurilyak]

Here are the latest data sets:

Source: Medium, 2018

[slavakurilyak]

Here is a thread containing a list of currently available data sets in the Enigma Data Marketplace. Traders use ENG tokens to subscribe to datasets.

[slavakurilyak]

Closing issue to focus on free datasets