NEM (XEM) Price and Reviews

4.7 / 5

3 user reviews

3.6 / 5 Our Score

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Country: Japan

Launched: 2015

Site: nem.io

Market cap: $ 321,157,457.26097

Supply: 8,999,999,999.0

Symbol: XEM

Price (USD): $ 0.357

Volume 24h: $ 1,230,507.5248

Change 24h: 3.95%

Max supply: 8,999,999,999.0

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Expert Review

May 23, 2020

NEM (New Economy Movement) is a blockchain-based platform for operation of mission-critical transactions for businesses. The platform has its own blockchain and a native token called XEM. NEM appeared on the market in 2015. Currently, it is one of the most successful blockchain projects hailing from Japan.

The NEM blockchain is permission-based. Stakeholders (who should have at least 10,000 XEM) participate in building of blocks ("harvesting"). The hierarchy of validators is based on the original proof-of-importance algorithm. It considers number of staked coins, volume of transactions, and other factors. Validation of transactions brings rewards for the stakeholders.

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Our Score

Transaction speed 4 / 5

Technology 3 / 5

Security 3 / 5

Investment potential 4 / 5

Reputation 4 / 5

Our Score

3.6 / 5

Pros and Cons

pros

Smart contracts

Fast

Lots of features

cons

Confusing

Not physically or digitally backed

No active development since 2016

Small dApp ecosystem

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User reviews

Marin 3 November 2021

4.0

The level of security is OK, no issues so far.

Ninel 3 November 2021

5.0

NEM has always been my fav. Glad it still stays in top-100.

Cole 29 October 2021

5.0

Stil believe in XEM

Country: Japan

Launched: 2015

Site: nem.io

Market cap: $ 321,157,457.26097

Supply: 8,999,999,999.0

Symbol: XEM

Price (USD): $ 0.357

Volume 24h: $ 1,230,507.5248

Change 24h: 3.95%

Max supply: 8,999,999,999.0

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