GoldAPI - from Idea to Launch in 5 days. Got 4 users in 24 hours.
Hi guys, I was away from IH for a long time growing FullStack.Cafe ($5k/MRR) but recently decided to take a break and work a bit on a new product to avoid tunnel vision and get some practice with React.
The new product called GoldAPI.io. It provides historical daily Gold & Silver prices since 1968 (LBMA AM Fix rates in USD) as well as real-time Gold and Silver Spot Rates in 169 different currencies. Targeted audience - mobile/financial app devs, bullion dealers, wealth management firms, traders.
- UVP: The only Gold & Silver Prices REST JSON API you need
- Value metric: combination of live prices update time (30 mins to 60 sec) + historical data access. Pricing - free (100 reqs/daily) + 30 mins update, 19.99$ - 5000 reqs/daily + Historical data + 60 secs update, Enterprise - by request.
In overall I spent 5 days (idea came last Friday) on implementation (Node.js + Mongo + React) reusing some code from my previous products (including API billing metering and Stripe integration). Launched yesterday, commented on Quora and in 3 hours got my first sign up. So far got 4 users for 24 hours with zero marketing.
If you build APIs as products and interested how I plan to market it gimme a shout or comment there.
Stay safe.
Hi Alex, this is indeed a great product and I would like to sign up on behalf of a client. My honest question to you is : will it be there for the long haul? We may end up making this API and important part of our business, so the prospect of losing it is quite scary. Please advise so I can plan my next step. Thank you.