NEM (XEM)

NEM offers its users a unique blockchain, featuring on-chain multisig and multi-user contracts. It is a peer-to-peer platform written in Java and JavaScript with completely original source code. NEM does not solely focus on the cryptocurrency function, but also provides services such as payments, messaging, asset making, and naming system.

One of its main concerns is providing a low entry barrier with Proof of Importance (POI), which sets it apart from alternatives that require high stakes or great computing power for coin mining. NEM hit the 2.5 billion market cap in 2017 and secured its place among the fastest-growing cryptocurrencies on the market.

Founder
UtopianFuture (username)
Hash Algorithm
Proof of Importance (POI)
Start Date
March 31, 2015
Maximum Supply
8,999,999,999
Proof Type
PoI
Website
www.nem.io

NEM Exchange Rates

NEM Resources

So far, investing in NEM has proven to be a good choice. If you are thinking of getting some NEM coins yourself or you are simply curious about the future of this coin, you can find an abundance of fresh and valuable information in our additional NEM resources. Find out what others are saying about this fast-growing currency and get a better understanding of what NEM is all about with our extensive collection of NEM resources available below.