NEM (XEM) logo
NEM (XEM) logo

NEM (XEM) Price and Reviews

Contact
Country: Japan
Launched: 2015
Site: nem.io
Market cap: $ 367,020,000.95922
Supply: 8,999,999,999.0
Price (USD): $ 0.408
Volume 24h: $ 1,228,452.33613
Change 24h: -2.4%
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. 

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: $ 367,020,000.95922
Supply: 8,999,999,999.0
Price (USD): $ 0.408
Volume 24h: $ 1,228,452.33613
Change 24h: -2.4%