Nem (XEM)
1M
0.0433 USD
+2.88%
0.00000466 BTC
+0.65%
$
0.0433
+2.88%
0.00000466 BTC
+0.65%
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Nem Price
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Yearly XEM Price
-
Weekly XEM Price
-
24h Tokens.net Volume
0 USD
24h Global Volume
5,590,204 USD
Market Cap
389,871,269 USD
What is Nem?
Nem (XEM) is a cryptocurrency with its own permissioned private blockchain, launched in January 2014. NEM stands for New Economy Movement and the token, XEM, operates on an algorithm called Proof-of-Importance (PoI).
NEM is a blockchain-based cloud platform, meant as a blockchain solution to businesses and entrepreneurs and easy to use without advanced programming skills. The algorithm works like a company pension plan, the longer you are vesting XEM tokens, the higher your importance and dividends (harvest stakes) are. Users who own and spend larger amounts of XEM will also make decisions that benefit the development of the project.
NEM is a blockchain-based cloud platform, meant as a blockchain solution to businesses and entrepreneurs and easy to use without advanced programming skills. The algorithm works like a company pension plan, the longer you are vesting XEM tokens, the higher your importance and dividends (harvest stakes) are. Users who own and spend larger amounts of XEM will also make decisions that benefit the development of the project.
Technology & Supply
Learn more technical information about the digital asset.
Currency Type
Coin
Proof Type
Proof of Importance
Total Supply
8,999,999,999 XEM
Circulating Supply
8,999,999,999 XEM