NEM
NEM is a blockchain platform that offers enterprise-grade solutions with features like multi-signature accounts and encrypted messaging. It uses a unique Proof-of-Importance consensus mechanism to reward network participation. XEM is its native currency used for transactions and smart asset management. NEM is geared toward businesses and institutions seeking customized blockchain solutions.
| NEM | |
|---|---|
| Available on Coinbase (2024)? | No |
| Creator(s) | Anonymous developers |
| Start year | 2015 |
| Decentralized score (out of 5) | 4/5: Decentralized with Influences |
| Influences or central authority | NEM Foundation |
| Can be mined? | No |
| New issuance method | Proof of Importance (PoI) |
| Maximum supply (in millions) | 8999 |
| Percentage already issued (2024) | 100% |
| Key functions (other than transactions) | smart contracts, apps, asset tokenization |
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