NEM (XEM) Price and Reviews
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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Country:
Japan
Launched:
2015
Site:
nem.io
Market cap:
$ 1,461,817,800.8376
Supply:
8,999,999,999.0
Price (USD):
$ 0.1624
Volume 24h:
$ 37,453,644.45097
Change 24h:
-11.93%
