IOTA vs. NEM
Compare key details of IOTA and NEM side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| IOTA | NEM | |
|---|---|---|
| Available on Coinbase (2024)? | No | No |
| Creator(s) | David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Serguei Popov | Anonymous developers |
| Start year | 2015 | 2015 |
| Decentralized score (out of 5) | 3/5: Shared Control | 4/5: Decentralized with Influences |
| Influences or central authority | Coordinators | NEM Foundation |
| Can be mined? | No | No |
| New issuance method | None | Proof of Importance (PoI) |
| Maximum supply (in millions) | 2780 | 8999 |
| Percentage already issued (2024) | 100% | 100% |
| Key functions (other than transactions) | IoT applications, data transfer, smart contracts | smart contracts, apps, asset tokenization |
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