NEM (XEM)
nem
XEM / USD
$0.00
Market cap
$0.00
0% of crypto market
Circulating supply
0.00 XEM
NaN% of total supply
24h volume
$0.00
Price change 1h
0.00%
Price change 24h
0.00%
Price change 7d
0.00%
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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