binance
Rank 254
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Avg. Price
$ 0.09494 USD
24hr Change
0.73%
Mkt. Cap
$ 854.46 M
Vol. 24H
XEM 208,392.350 ($ 20,179.044)
Low/High 24h
$ 0.09252 / $ 0.097
Total Coins
$ 9 B
Last Trade
XEM 9,259.260 ( $ 879.074) / LiveCoin
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Description

NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.

NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on May 31, 2015.