NEM

The Smart Asset Blockchain

Network Token

NEM (XEM)

NEM is built from scratch as a powerful and streamlined platform for application developers of all kinds, not just as a digital currency. Using NEM in your application is as simple as making RESTful JSON API calls allowing you to configure your own “Smart Assets” and make use of NEM’s powerful blockchain platform as your fast, secure and scalable solution.

Configured for your use, NEM is suitable for an amazing variety of solution classes, such as direct public transactions via streamlined smartphone app, efficient cloud services that connect client or web applications, or a high-performance permissioned enterprise back-end for business-critical record keeping.

“NEM is built around a powerful system for customizing your use of the blockchain. We call it the “Smart Asset System”, and it gives you the power to use NEM as if it were a custom blockchain built for your application and your assets. Rather than force you to write your own “smart contract” code from scratch or use off-blockchain methods of defining custom assets for your business, NEM gives you direct API access to a specialized set of tested and secure on-blockchain features.”

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Positives

  • Network Can Handle 3000 Transactions Per Second
  • Namespace System Allows For Easy To Understand Addresses
  • Multiple Wallets Available
  • Completely Written From Scratch. Not A Fork.
  • Passive Income From Staking/Vesting

Exchanges
Concerns

  • NEM suffered a huge loss of tokens in January 2018 due to a third party exchange being hacked.
  • Not well known. Very little marketing being done. No set in stone roadmap yet.
  • With Ethereum moving to POS, NEM will need to present other points of difference to stay relevant.

Official Links
Token Details

Token Type

Network Token

Powered by the NEM Network. Can be stored on any XEM compatible wallet e.g NEM Nano Wallet

Token Statistics

Supply

• Ticker: XEM
• Total Supply:
• Circulating Supply: 8,999,999,999
• Token Use: Transactions & Assets.

Founders

The Team

• Community Based
More

Industry

& Competitors

• Smart Assets
• Decentralized Apps
• Competitors – Ethereum,
Lisk, NEO, ICX

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