XEM
Nem (XEM)

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Symbol: XEM
Max supply: Unlimited
Consensus: Proof of importance
Released in: 2015
Official website: https://www.nem.io/
Blockchain explorer: https://explorer.nemtool.com/

What is NEM?

NEM (New Economy Movement) project aims to develop a more technologically-advanced blockchain. While proof of work consensus used in Bitcoin and several other blockchains is more beneficial for miners that have invested large sums in mining gear, NEM blockchain employs a unique proof of importance consensus mechanism that focuses on the validators’ investment in XEM.

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