NEM (XEM) vs VeChain (VET) Comparison

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Company

User rating

4.7 / 5 3 user review 5 / 5 5 user review

Cryptogeek rating

3.6 / 5 4 / 5

Trust Score

How it works
3.89 / 5 4.25 / 5

About

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.
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.

Type

coin coin

Founding Date

2015 2015

Country

Japan International

Languages

No data No data

Team

Not Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.0263 0.0450

All-time high (USD)

2.0900 0.0198

Price change (24h)

8.77 -0.59

Volume (24h)

509436.13584 6211698.30199

Hashrate

No data No data

Max Supply

8999999999.00000 86712634466.00000

Total supply

No data No data

Circulating Supply

8999999999.00000 85985041177.00000

Transaction speed / Block time

4000 220

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data VeChainThor Authority

Proof type

No data Proof of Authority

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

No data 55454734800.00000

Is trading

No data yes

Block reward

No data 0.000000000000

Block time

No data No data
Company
User rating User rating 4.7 / 5 3 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.89 / 5 Trust Score 4.25 / 5
About
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.
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.
Type Type coin Type coin
Founding Date Founding Date 2015 Founding Date 2015
Country Country Japan Country International
Languages Languages No data Languages No data
Team Team Not Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.0263 Current price (USD) 0.0450
All-time high (USD) All-time high (USD) 2.0900 All-time high (USD) 0.0198
Price change (24h) Price change (24h) 8.77 Price change (24h) -0.59
Volume (24h) Volume (24h) 509436.13584 Volume (24h) 6211698.30199
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 8999999999.00000 Max Supply 86712634466.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 8999999999.00000 Circulating Supply 85985041177.00000
Transaction speed / Block time Transaction speed / Block time 4000 Transaction speed / Block time 220
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability medium Mining profitability No data
Algorithm Algorithm No data Algorithm VeChainThor Authority
Proof type Proof type No data Proof type Proof of Authority
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined No data Total coins mined 55454734800.00000
Is trading Is trading No data Is trading yes
Block reward Block reward No data Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

nem.io www.vechain.org

Twitter

@nemofficial @vechainofficial
Website Website nem.io Website www.vechain.org
Twitter Twitter @nemofficial Twitter @vechainofficial

Advantages

Smart contracts Fast Lots of features Well-known and trusted Some projects run on it

Disadvantages

Confusing Not physically or digitally backed No active development since 2016 Small dApp ecosystem Not completely decentralized

Rating

User rating User rating 4.7 / 5 3 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Smart contracts Fast Lots of features Advantages Well-known and trusted Some projects run on it
Disadvantages Disadvantages Confusing Not physically or digitally backed No active development since 2016 Small dApp ecosystem Disadvantages Not completely decentralized

NEM (XEM) user rating is 4.7, based on 3 user reviews. VeChain (VET) user rating is 5, based on 5 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.25 / 5 Write review
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