Coin Information

Blockchain icon Blockchain: NEM
Ticker icon Ticker: XEM
Type icon Type: Cryptocurrency
Proof type icon Proof type: Proof of Importance (PoI)
Algorithm icon Algorithm: PoI

Market Cap

$300 118 536

Fully Diluted Valuation

$300 118 536

Coin Supply

Circ icon Circ.: 9 000 000 000(100%)Question Mark Icon
Total icon Total: 9 000 000 000
Max icon Max: 9 000 000 000

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About NEM?

“NEM is a blockchain platform that was launched in March of 2015. At the time it was one of the pioneers of the industry and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++.

Its most notable contribution to the space is the proof-of-importance consensus mechanism, which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java. 

Today, NEM sees the most utility as an alternative form of payment for businesses and vendors, and has a variety of applications built on top of it in Japan. Current development is centred around NEM’s merge with another blockchain platform: Symbol.”

Frequently Asked Questions

The current price of NEM XEM is 0.0333465 USD.
The circulating supply of NEM is 9000000000.
The total supply of NEM is 9000000000.
The max supply of NEM is 9000000000.
NEM is a decentralized coin.
NEM is a cryptocurrency running on its own blockchain.
NEM reached an all-time-high of 2.09188 USD on 4 Jan 2018.

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