Nyerium (NYEX)

Nyerium (NYEX) is a new cryptocurrency created specifically for the unbanked population. Focusing on emerging markets, particularly in Africa and the Middle East, Nyerium aims to provide a low-cost solution to remittance and payment issues those in need face. By leveraging the power of blockchain technology, Nyerium seeks to open up the global market to these populations, allowing for affordable transactions and contributing to the development of these regions.

One of Nyerium’s key objectives is to incentivize savings and earnings through its Proof of Stake (POS) masternode reward system. Additionally, the project aims to fund sustainable development projects in areas such as agriculture, farming, and bill payment. By targeting the United Nations Strategic Development Goals for 2030, Nyerium aims to use cryptocurrency innovatively to alleviate poverty and provide opportunities to those most need it.

With a total supply of 12 million NYEX coins, Nyerium operates on the Quark algorithm. The masternode requirement is 10,000 NYEX per node, which increases to 25,000 NYEX after block 100,000. The block time is set at 60 seconds with variable block rewards. Nyerium has a strong roadmap, including the release of wallets, listings on masternode ranking sites and exchanges, marketing campaigns, and developing mobile apps and web wallets. The team behind Nyerium consists of dedicated individuals with expertise in operations, strategy, field support, development, marketing, and community management.