Nymnio
@nymniodotcom
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Following
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Software company focused on creating tools & products that make accounting and bookkeeping in the crypto world easier | Find us here 👉🏼
Join us 👉🏼
Joined June 2023
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Pinned Tweet
🚨 Looking to track your crypto profits and loss? 🚨
We just launched our FREE crypto address tracking tool
Here’s how to use it 👇
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🎉 GIVEAWAY ALERT! 🎉
As a sign of appreciation for your amazing support, we'll be giving away:
🥳 0.1 ETH - $165 🥳
To enter:
1. Follow
@nymniodotcom
2. Like and repost
Simple as that - Good luck!
⌛️ 48h
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Ever wondered how much money you gained/ lost
In all your NFT transactions?
Keeping track of it has never been easier
Find out how to do it 👇🧵
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If you liked this tweet:
Feel free to:
• Give it a like and a RT so it can help as many people as possible
• Follow us
• Try our calculator here:
✅ (6/6) ✅
Ever wondered how much money you gained/ lost
In all your NFT transactions?
Keeping track of it has never been easier
Find out how to do it 👇🧵
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We’ve built a tool that calculates your NFT capital gains.
What is a capital gain?
Explained simply, a capital gain takes place when you sell an asset for more than what you originally paid for it.
🧵 (1/6)
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We’re currently focusing on ETH NFT transactions for certain projects.
But we plan to:
• expand to other blockchains and collections in the future
• improve our usage of floor prices to provide more accurate capital gains
🧵 (5/6)
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@doodles
@coolcats
@autoglyphs
@MeebitsNFTs
@cryptoadzNFT
@OthersideMeta
CloneX by
@RTFKT
Chromie by
@ArtOnBlockchain
Fidenza by
@tylerxhobbs
Milady
🧵 (4/6)
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How does it work?
• Enter your ETH address in the calculator
• The app asks
@etherscan
for transaction data & our database for floor prices
• It generates a list of buy & sell events
• The report is stored for quick access later and updated daily to ensure accuracy
🧵 (2/6)
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NFT projects that are currently supported on our platform:
@Azuki
@veefriends
@moonbirds
@BoredApeYC
@BEANZOfficial
@pudgypenguins
@cryptopunksnfts
@worldofwomennft
🧵 (3/6)
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If you liked this thread
We bet you’ll love our newsletter.
Feel free to subscribe down below 👇🏼
First one coming soon 👀
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Finance relies on trust, but traditional systems have their flaws.
Mistakes and fraud are issues that most web2 companies face.
However, blockchain can be the game-changer we've been waiting for! 🌐
Imagine a secure digital ledger, like an open library where records cannot
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We want to connect with more amazing web3 projects using crypto in their daily operations.
Please tag any of them below 👇
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The bear market has shut down thousands of web3 projects.
For companies working with crypto in their daily operations, having a proper audit is crucial in this market cycle.
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Are you a web3 project?
Then here’s what you should do
In order to not lose your funds and reputation!
🧵👇
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If you’d like to find out how you can stay ahead of the game as a web3 company, feel free to subscribe 👇
We deliver twice/month everything you need to know to:
• save tons of money
• stay compliant
• manage your runwaway
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🚨 GIFT ALERT!!! 🚨
Empowering more individuals with knowledge about decentralized tech and blockchain is the key to the future of the internet.
Starting today, we’ll offer a special gift to everyone referring 3 people to our newsletter.
Here’s what you’ll get 👇
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Stop waiting for motivation to find you.
Take action first and it will follow.
Even small steps toward your goals triggers a positive reaction. 🚀
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Crypto has shown its longevity in the digital world since its appearance.
This is exactly why it is crucial for internal auditors to:
• take advantage of this market cycle
• prepare for crypto audits
This is how avoid being caught off guard 👇
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Giveaway ended!
Will no longer accept entries from now on!
Winner announced in a few hours! Stay tuned!
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Web3 is about more than just crypto and NFTs.
It's about:
🔹 the power of networks
🔹 the importance of community
The best time to build these things is now.
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There is just a handful of people left in this space.
We’re here to support and grow along these people.
If you’re one of them, let us know down below 🖐️
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GM legends!
We can't wait to share with you what we're working on.
For now, we can just say it will bring a lot of utility to companies using crypto in their operations.
Stay tuned!
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🚨We’re excited to announce the launch of our free tool 🚨
Whether you need a cashflow/PnL report of your crypto address, feel free to use at the link in our bio ⛓️
I just launched as a completely free, 100% in-browser and open-source (unlicense) tool.
It's easy to use and it will help you create cashflow/PnL reports of your on-chain transactions for: multiple addresses, multiple networks, multiple tokens.
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Discover the right way to engage with crypto legally:
Report crypto earnings on your tax return 📝
Maintain records of all crypto transactions 📚
Familiarize yourself with local tax laws and regulations 🔍
Simplify the process with crypto tax tools such as Nymnio 💼
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Wonder how web3 companies can:
❌ avoid fines
❌ avoid legal fees
❌ avoid reputational demage
❌ save huge amounts of money?
By:
✅ maintaining clean financial records
✅ proactively addressing potential issues
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Our Twitter community grew to 100 in less than 2 weeks 🥳
We're grateful for your support 🙏
And it's just the beginning of an awesome journey 👀
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Every tool that was ever created has a story behind.
Today, we are going to share how Nymnio, your blockchain accounting platform, was born
Let's get into it...
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Having visibility into their financial statistics allows companies to:
• manage their runway
• optimize resource allocation
• increase their chances of attracting investors
• generate reports that can be shared with other interested parties
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Introducing crypto in your payroll system comes with lots of benefits:
• Fast payments
• Borderless transactions
• Financial inclusion for all
For more tips and tricks about this process, feel free to hit the FOLLOW button!
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Blockchain accounting tools are way too underrated
Use them and you’ll 👇🏼
• stay compliant
• have an automated bookkeeping
• be aware of your financial insights
• save tons of money in avoided fines
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🚨 GIFT ALERT!! 🚨
Empowering more individuals with knowledge about decentralized tech and blockchain is the key to the future of the internet.
We’re offering a special gift to everyone referring 2 people to our newsletter.
Here’s what you’ll get:
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We know that accounting terms can sometimes be a headache.
That’s why we’ve put below a list with abbreviations and what they actually mean 👇
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GM web3 world 🌞
Many people have left the web3 space.
Who’s still here building with us? 🖐️
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If we want more people to embrace the web3 technology, we need to make education a priority.
And that’s what Nymnio is doing.
We’ll share a little surprise for our most supportive subscribers in tomorrow’s newsletter.
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Keeping track of crypto transactions sometimes comes with challenges:
🔹 Changing regulations
🔹 Having multiple wallets
🔹 Many transaction formats
🔹 Various exchange accounts
A bookkeeping tool is all you need to get rid of these complications.
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5 advantages that blockchain comes with into the accounting industry:
✅ Cost reduction
✅ Fraud prevention
✅ Enhaced auditing
✅ Real time updates
✅ Trust and transparency
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The way we keep track of money is being changed by blockchain accounting
It uses a secure digital system that makes sure everyone agrees on transactions
This means:
• fewer middlemen
• less time spent double-checking
• easier ways to make sure everything adds up correctly
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The most important skill that people should develop in web3 is ______
*Wrong answers only
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These things further lead to:
• staying compliant
• minimizing human errors
• being aware of your financial insights
• saving tons of money in avoided fines
🧵 (4/6)
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But blockchain accounting comes in and:
• offers accuracy
• offers accountability in financial management
• automates financial processes through smart contracts
🧵 (3/6)
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Why are all these important?
We’ve all seen the disaster that happens in the market when big exchanges and companies get charged with criminal investigations.
🧵 (5/6)
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Are you tired of all those complicated on-chain transactions?
Sitting and analyzing, sometimes for HOURS, your stablecoin’s profit and losses?
What a waste of time… If only you could skip this boring process…
We felt the same.
That’s why we invented the solution. 👇
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What exactly is crypto auditing?
It represents the process of reviewing a company’s use of crypto 🪙
In order to ensure that proper controls are in place.
But what does it mean?
An example down below 👇
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Things to consider when taking charge of crypto bookkeeping:
🔹 Record every single transaction
🔹 Stay informed about any changes in regulations
🔹 Consolidate all your wallets and exchange accounts
🔹 Classify your crypto transactions into different categories
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We’ve all seen web3 companies losing their funds and reputation.
The most known are the FTX case and Binance back in 2018.
One way to ensure these situations don’t happen anymore
Is by keeping track of gains and losses through a bookkeeping tool.
Are there any other ways?👇🏼
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IFRS: International Financial Reporting Standards
GAAP: Generally Accepted Accounting Principles
ROI: Return on Investment
NAV: Net Asset Value
PnL: Profit and Loss
BS: Balance Sheet
CF: Cash Flow
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Maintaining financial integrity and keeping your reputation is crucial as a web3 company.
But blockchain accounting comes in and provides a game-changing solution.
Let's explore how it helps. 👇
🧵 (1/6)
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Blockchain accounting tools are here to offer us a more reliable way of keeping track of financial gains and losses.
What do you think?
Is it necessary for companies to take advantage of these tools to protect their funds and reputation?
✅ (6/6) ✅
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For web3 businesses dealing with crypto in their daily operations, having auditing support is a must.
It builds trust with your customers and partners through transparency and accountability ✅
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Blockchain is more than just buzzwords.
It's a new era of technology that's changing the way we live and work. ⛓️
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Protecting your accounting data is crucial.
Here's where the blockchain technology comes in:
• Immutability: Blockchain ensures data remains unchanged, reducing
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Web3 is about more than just decentralization or blockchain.
It's about:
🔹 the power of networks
🔹 the importance of community
Let's use it to create a world that is more connected and transparent. 🙌
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If you liked this tweet:
Feel free to:
• Give it a like and a RT so it can help as many people as possible
• Follow us for more
Are you a web3 project?
Then here’s what you should do
In order to not lose your funds and reputation!
🧵👇
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The Bitcoin Standard ebook ✅
Plus, you’ll get into your inbox tips and tricks on:
• properly accounting your crypto and NFT profits and losses
• how to avoid fines and reputational damage as a web3 project
• how to manage your runway
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While blockchain comes up with great advantages in the accounting world, it can also pose challenges.
But what kind of challenges?
Let's see 2 examples down below 👇
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Find below what information should be offered during a crypto audit 👇🏼
🚨Crypto Tax Audit Alert🚨
The IRS won't accept final tax calculations from crypto tax software if you are being audited for crypto!
You MUST provide the following information during a crypto audit👇🧵
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Real use case of an accounting tool 👇
Having real-time insights into:
🔹 Your asset performance
🔹 Wallet balances
🔹 Daily activity
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A recent update on Nymnio 👇
We are going to support tracking:
• multiple crypto addresses
�� multiple chains at a time
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Motivation comes from within.
It's about finding your "why" and focusing on it every day. ✅
When you have a clear purpose, motivation becomes a natural consequence of your actions. 🙌
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Web3 projects rely on:
• decentralized finance (DeFi)
• smart contracts
• digital assets
All these make transaction tracking complex.
🧵 (2/6)
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How can we ensure transparency and compliance in the web3 space?
By using special tools and techniques ✅
Find out which tools are used by financial analysts
Let’s get into it 👇
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Research and experimentation are crucial to stay ahead of the curve 💡
Especially in the web3 space which is developing so fast.
Embrace the unknown 🙌
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Behind every new tool that was ever created, there was a struggle.
A struggle that made the creator come up with a solution.
This is also how Nymnio, your blockchain accounting platform, came to life.
Tomorrow, we will share our story.
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Don’t let distractions slow you down. ❌
Go for the hard stuff instead of the easy one. ⚡️
Invest your time and energy in things that truly matter to you. 🤝
Keep your eyes on the big picture for that long-term gain! ✅
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Cryptocurrencies are not just a store of value anymore.
They've become a part of everyday business operations.
Including something as fundamental as payroll management.
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Looking to pay your employees in crypto?
Here’s what you should consider doing 👇
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Let’s see a practical use case for a crypto bookkeeping tool 👇
Tracking employee expenses.
The process can be compared with providing employees a "company wallet"
It functions similarly to a company card. 💳
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If you liked this tweet:
Feel free to:
• Give it a like and a RT
• Follow us for more
Every tool that was ever created has a story behind.
Today, we are going to share how Nymnio, your blockchain accounting platform, was born
Let's get into it...
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A thread on what Nymnio is 👇🏼
If you’re paid or you're paying your employees in crypto, this thread is for you.
I’ll share with you one tool that makes your life much easier
By keeping track of your transactions
Let’s get into it 👇
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In web3, we should all focus on balancing transparency with user privacy rights and staying up-to-date with this technology.
✅ (8/8) ✅
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In a world where innovation constantly reshapes the way we work and live, it's no surprise that even the traditional concept of payroll is under transformation.
Last week, our subscribers received a FREE newsletter on:
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GM world 🌞
Will X shape the future of social media?
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Are you a company and consider paying your employees with crypto?
Then you need to take these things into account:
• Currency selection: Opt for stable, familiar cryptos.
• Employee education: Ensure your
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A: Crypto transactions can be messy, especially for businesses moving around big amounts of money.
That’s when I envisioned Nymnio as a solution and I started to work on the concept.
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To our awesome community, we want you to know that you have a say in shaping Nymnio's future and we’re all ears!
Feel free to reach out with any feedback by DMing us 🙏
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In today's newsletter, we will guide you through the best practices for:
• ensuring compliance
• handling tax implications
• growing employee satisfaction
Feel free to subscribe down below 👇
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Why does crypto auditing matter?
🔹 identify and address potential criminal activities
🔹 it makes the digital economy a safer space for users
🔹 it ensures that transactions stick to the market regulations
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By automating the boring stuff (bookkeeping), we'll free up time for you to focus on the cool stuff like:
- coming up with creative ways to deploy your capital
- figuring out ways to cut expenses and increase your runway
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@_RichardTeng
@cz_binance
Was the speech recorded?
Would love to listen to both of you if so!! 🙏🏻
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Let's have a little chat with our founder,
@SaxeMauricede
What inspired you to create Nymnio?
A: It all started back in 2021 when I chose to be paid in crypto because I didn’t want to deal with PayPal or banks freezing my funds for various reasons.
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@Mintify
Let’s gooo!
This is a really fun way to engage people and Encourage them to be active in this space 🙏🏻
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