Rank 254
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Avg. Price
$ 0.1077969589 USD
24hr Change
0.78%
Mkt. Cap
$ 970.17 M
Vol. 24H
XEM 105.56 M ($ 11.38 M)
Low/High 24h
$ 0.1035184736 / $ 0.1107188513
Total Coins
$ 9 B
Last Trade
XEM 20.980 ( $ 2.262) / HuobiPro
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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.