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    NEM (XEM) logo

    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: $ 217,696,736.76242
    Supply: 8,999,999,999.0
    Symbol: XEM
    Price (USD): $ 0.242
    Volume 24h: $ 182,181.29367
    Change 24h: -3.27%
    Max supply: 8,999,999,999.0
    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

    banner-image
    Country: Japan
    Launched: 2015
    Site: nem.io
    Market cap: $ 217,696,736.76242
    Supply: 8,999,999,999.0
    Symbol: XEM
    Price (USD): $ 0.242
    Volume 24h: $ 182,181.29367
    Change 24h: -3.27%
    Max supply: 8,999,999,999.0
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