NEM NEM XEM
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Show Coin Info
Price
0.03747252 USD
% Change
4.56%
Market Cap
337M USD
Volume
5.08M USD
Circulating Supply
8.99B
44079% from all time low
4890% to all time high
44140% from all time low
4880% to all time high

NEM (XEM) Feed: Events, News & Roadmap

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NEM Events on the Chart

What is NEM?

NEM is a blockchain platform that can be adapted for various types of applications.

XEM is the native digital asset of the NEM network. XEM is used to support the network’s operations and serves as a means of payment for transactions and services within the NEM ecosystem.

One of the unique features of NEM is its “Proof of Importance” (PoI) system, which determines which node can add the next block to the blockchain. Unlike Proof of Work (PoW) or Proof of Stake (PoS), PoI takes into account not only the amount of XEM held by a participant but also their activity within the network.

In addition, NEM has implemented a system of “smart assets”, which allows users to create and manage their own blockchains based on the NEM network. This provides flexibility for creating a wide range of applications, from loyalty programs to accounting systems.

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