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NEM current price is $0.4924.

NEM current price is $0.4924 with a marketcap of $4.43 B. Its price is 12.73% up in last 24 hours.


Buy / Sell Nem
  • nem
    NEM (XEM)
  • Live Price
    $0.4924
  • 24h %
    12.73%
  • Market Cap
    $4.43 B
  • Volume
    $903.72 M
  • Available Supply
    9.00 B XEM
  • Rank
    40

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★ More Info About Nem

NEM is a highly versatile crypto solution which seeks to adhere to a host of mainstream industry requirements. 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. Essentially, NEM is designed as a financial blockchain solution and can be used for payment, clearing and settlement in a private environment which is highly controlled. This means that NEM meets several of the regulatory requirements and guidelines in the financial industry. This allows it to be used to settle (change of ownership) any asset via the blockchain. Mijin which is a private chain of NEM has gained popularity and companies such as Hitachi have already embraced it. Why NEM? Many banks around the world have come to accept the importance of blockchain technology. In fact, a good number of banks in the U.S, India and Japan have already started using the technology. Because banks generally employ the smart contract concept, NEM’s platform which is asset-friendly can be used to settle any asset. In settling assets, speed, security, and reliability are very important to a mainstream institution which is what this crypto offers. NEM addresses these issues by repackaging its blockchain into a private chain and presenting it as Mijin. NEM crypto is also applicable in the technology world. Unlike Bitcoin and Dogecoin which use mining to increase the number of coins, XEM uses something called ‘harvesting’. In this process, blocks are generated and a person is rewarded for work contributed using transaction fees. Every block has a certain number of transactions which attract an unknown amount of fees. This keeps the participants incentivized to continue harvesting. For a blockchain user to be allowed to harvest, one must go through a forging mechanism process called Proof-of-Importance (POI). POI is the algorithm used in NEM to time stamp transactions. A NEM user's importance is determined by how many coins they have and the number of transactions made to and from their wallet. POI uses the NCDawareRank network centrality measure, the topology of the transaction graph, as well as a number of other relevant signals to achieve consensus. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In proof-of-stake systems a person needs to have large numbers of coins to form a block, but in NEM transactions volume and trust become factors. This was designed to encourage users of NEM to not simply hold XEM but instead actively carry out transactions. To be eligible for entering the importance calculation, an account must have at least 10,000 vested XEM. All accounts owning more than 10,000 vested XEM have a non-zero importance score. With a supply of 8,999,999,999 XEM, the theoretical maximum number of accounts with non-zero importance is 899,999. In practice, the number of actual accounts with non-zero importance is not expected to approach the theoretical max due to inequalities in held XEM and also the temporal costs associated with vesting. If NEM becomes very popular, a threshold of 10,000 vested XEM could be undesirable. If necessary, this number could be updated in the future via a hard fork, which is the same procedure for adjusting transaction fees and other parameters related to harvesting.

Nem Historical Data

Date Price Volume MarketCap

Nem Markets / Exchanges

# Exchange Pair Price Volume (24h) Updated

Nem Twitter News Feed

Thank you for your many #311NEMdonation s! The composition of the increasing number of Sakura blocks has been updated!
1 gray framed Sakura block = 1,000 XEM
1 pink framed Sakura block = 5,000 XEM
https://311-support.nemtus.com/en/
#NEM #NEMTUS #Symbol

symbolがローンチされて1ヶ月ですね。委任ハーベストの結果を開示します。
☑️インポータンス 0.007%
☑️ハーベスト数 39回
☑️平均 1.3回/日
☑️収益 247,882円*42円換算

総評
最初の勢いは維持できなかったものの、なんとか大卒月収くらいは稼げてる。

#symbol #harvest $xym

🧩 The tech roadmap pieces unlocked so far.

🎨 Mosaic v2.0
⬛️ Block Explorers v2.0
💡 Zero-Knowledge Proofs
🗃️ Symbol SDK´s
📈 The Mosaic Marketplace

Thanks, @OhGodAGirl! Can't wait to see the full picture next week.

#Symbol #NEM #NEMcommunity @NEM_Hub

Just minted my self-portrait in #Symbol blockchain via @nember_art 🐶

$XYM $XEM

https://nember.art/en/art?id=2EFA265861F6A6BD

Alexis Trujillo, NEM Show Host, will be in an #AMA today about the NEM Ecosystem, the #Symbol launch, $XYM, & @mexo_io, the new Mexican #Cryptoexchange for #Latam.

You could win a Symbol Special Edition Ledger Nano S!
Live at 19:00 MEX | 00:00 UTC (ESP)

https://m.facebook.com/mexo.io/

New version of @nember_art coming out today! 🚀

📡 Updated TESTNET (and migrated #NFT's 😉)

📩 Mail service (recover pwd, get notifications on offers and sales)

🌐Multi-Language (will share text file and add all translations we get)

💻 Bug Fixes

👉https://nember.art/

🗳 We're interested to hear the NEM community's opinion.

What is your favorite sport? 🥇
Who is your favorite sports star? 🤩

#NFT #Symbol #NEM #NEMcommunity #NEMroadmap @NEM_Hub $XYM $XEM #SymbolPlatform

We recently announced a partnership with @investvoyager that was in error. No such partnership has been formally agreed. We've removed the announcement from our channels and apologise for confusion or inconvenience this may have caused to Voyager and our community. Thank you.

🏁 The first #Symbol #hackathon is finished with exciting results. More than 430 participants, 20 submissions, and 7 eligible projects built with #Symbol technology. 🦾

🏆 Here is our recap of the #PoweringPossibility hackathon.

https://symbolplatform.com/latest/poweringpossibility-hackathon-meet-the-winners

#NEM $XYM @NEM_Hub

🚨 #Announcement: $ANC @anchor_protocol $SC @SkynetLabs, $CRO @cryptocom $XEM @NEMofficial

🔘 USDT-margined Perpetual Swap (up to 75x leverage)

Available now @OKEx! 🔗https://bit.ly/39TghBI

📣 EVERYTHING YOU NEED TO SET UP A #SYMBOL #NODE 📣

✅ Secure Node (https://docs.symbolplatform.com/guides/network/running-a-secure-symbol-node.html)

✅ Non-Custodial / Multi-Sig Node: https://docs.symbolplatform.com/guides/network/non-custodial-node-setup.html

✅ Manual node building (not with #bootstrap): https://docs.symbolplatform.com/guides/network/running-a-symbol-node-manually.html

#NEM #Symbolplatform @NEM_Hub

🧲 We search the ecosystem with a fine-tooth comb for disrupting #blockchain projects ready to change people's lives. Do you have a project to pitch?

👉 To transform your #pitch from good to excellent, here are 5 things it should include 📝

https://nem.io/news/five-key-things-your-blockchain-project-should-have-before-pitching-it-to-nem-ventures-incubation-program-ignite/

@NEM_Hub

Reminder for the #nem community. All 3rd party technical questions are being actively & quickly supported. Genesis distributed all opted in #symbol tokens at one time.

If withdrawals/listings are not enabled, it is an internal exchange process/constraint. Please ask them why...

XYM is now listed on Bibox! 🥳🎊

📰 Great news, everybody! @Bibox365 just confirmed that $XYM is available from today for deposit & #trading.

👉 More details here: https://bibox.zendesk.com/hc/en-us/articles/900005673046

#Symbol #NEM #XYM @NEM_Hub

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