NEM (XEM)

Smart contract platform for businesses

#27

Marketcap Ranking

0.036462 (0.45%) arrow_drop_up

Market Price (24h change)

328,156,019

Total Market Cap

3.4

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info_outline What is NEM

3.7

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NEM Short Description

NEM is the world's first Smart Asset blockchain. Built from the ground up for enterprise-grade performance, NEM's blockchain technology delivers a world class platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records and more.

NEM’S power is exposed through a straightforward and secure developer interface so that you can deploy your blockchain solution in record time. Whether you are building the next best mobile app or bringing blockchain into your existing business infrastructure, NEM makes blockchain work for you. NEM’s Smart Asset system allows anyone to completely customize how they use the NEM blockchain, with a robust set of features including domain-like namespaces and full on-blockchain Multi-signature control.

Any application can access these features through NEM’s simple API allowing easy integration within mobile apps, existing business infrastructure or contract logic. The NEM public blockchain provides an open and self-scaling platform for developers..

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NEM Explanation Video

The NEM Ecosystem, explained | NEMespanol

Our Blockchain is based on a robust ecosystem whose basic operation ensures a constant improvement in its products and services. In this video we explain ...

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Screenshot from Website

nem.io
NEM Websitemore_vert

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Website Informationclose

Organization: Unknown
Name: Unknown
Country: Unknown
City: Unknown
Zipcode: Unknown
Address: Unknown
Mail: Unknown
Creation date: 2014-06-01
Expiration date: 2020-06-01
Nameserver: WALT.NS.CLOUDFLARE.COM

build NEM Product Analysis

4.8

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NEM Whitepaper

NEM is a cryptocurrency and blockchain platform for smart digital assets. Main new feature in NEM includes Proof of Importance (POI), new consensus algorithm, and smart asset system.


The whitepaper of NEM is 27 Pages long.

The most influencial keywords are: Blockchains, Account, Blockchain notarization, Apostille, Notarizations, Notarize, Hashing, Hashes, Making, and Make.

file_downloadOpen Whitepaper
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NEM Competitors

  • 1.) Universa

    Universal Blockchain for apps/enterprises: crypto protocol 1000x faster than Bitcoin/Ether, 1000x cheaper, zero-knowledge cryptography.

  • 2.) Cardano

    ADA is a token on a distributed computing platform that runs smart contracts, decentralized applications, side chains, multi-party computation, and metadata.

  • 3.) NEO

    NEO is a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a "smart economy" with a distributed network.

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NEM Product Analysis

NEM was founded back in June 2014. Its source code was released publicly on github on May 2018 under the Other license.
Organization wise, NEMs Development is Semi-centralized and is being developed under the lead of Dona Rinon.

The consensus on which the NEM network is run is called Proof of Importance, while the underlying algorithm is called PoI.
In the current state of NEM currently is Working product

group NEM Community Analysis

3.9

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NEM Communities & Events

NEM (New Economy Movement) is a dual-layer blockchain with 100% original source code. Launched on March 31, 2015, the NEM mainnet supports multiple ledgers on its cryptocurrency layer, and the NEM Smart Assets layer supports mosaics to represent any asset. NEM’s proprietary coin is XEM, which is harvested (mined) using a Proof-of-Importance (PoI) algorithm. This community is for discussions regarding the blockchain platform.

view_list r/nem Subreddit
person 18,004 Subscribers
directions_run 1,753 Active Users
create Daily Posts
speaker_notes Daily Comments
linkOpen Subreddit

http://bit.ly/-NEMRed

view_list NEM::Official::(Red) Channel
person 8,296 Members
directions_run 591 Online
linkOpen in Telegram

Official Twitter account for NEM

view_list @NEMofficial Channel
person 211,322 Followers
03.30.2020
14:01
On #Symbol, fungible fixed assets are represented with mosaics. A #mosaic could be a token, but it could also be a collection of more specialized assets such as reward points, shares of stock, signatures, status flags, votes or even other currencies. #SymbolFeatures #Blockchain https://t.co/0uK9pvyMVi 28 favorite
03.30.2020
04:00
NEM Foundation Head of Development, Greg Saive (@eVias) explains that security tokens built on #Symbol blockchain will be different from simple mosaics: https://t.co/w8me4CV2fR #SecurityToken #blockchain https://t.co/BD6qi9KeIX 78 favorite
03.28.2020
14:00
#Symbol is a hybrid chain with native compatibility with both public and private chains. Designed for interoperability, users can preserve an intimate ecosystem in a private chain and communicate freely with the public chain as a #decentralized hub of data. #SymbolFeatures https://t.co/OCIZlfFY5s 98 favorite
03.26.2020
20:04
DAIA , led by @singularity_net, has announced a global distributed hackathon - COVIDathon. NEM is very proud to be a partner in this great project. We encourage anyone with an interest to get involved in this great initiative! Read more about it here: https://t.co/zlkZXmhFWo https://t.co/qYrvpr3wER 73 favorite
03.26.2020
01:32
The new and updated NEM website is launching soon!🤩 Here's a sneak peek... #Symbol #NEM https://t.co/LkX9Uu1pWB 163 favorite
03.24.2020
14:10
The team is working towards completion of the next major update, currently targeted to be the 0.9.4.1 release. This update will bring a large change to peer/server communications which will be switching to leverage the TLS 1.3 standard: https://t.co/BZPIO3Xkd1 https://t.co/aRYOJSAUbn 76 favorite
03.23.2020
02:15
Amazing! The Japanese 🇯🇵 community is already leading the charge with #Symbol applications 💪 https://t.co/B716gxWhG6 96 favorite
03.23.2020
00:40
258 #Symbol test nodes and counting! This map shows how our community is globally connected through Symbol. https://t.co/06fP15qkJ5 https://t.co/R2WxE5yUs9 86 favorite
03.20.2020
12:25
Symbol platform will provide businesses with built-in features on the network protocol so they can quickly develop solutions. Each feature is flexible and can be conveniently integrated using APIs, allowing them to save time and ensure the security and integrity of their code. https://t.co/5x7l57hKv7 115 favorite
03.17.2020
19:00
You can find all versions and updated repositories of #NEM, and #Symbol on #Github! It also provides an overview of how the open-source community works, related project efforts, and most importantly how to get started participating: https://t.co/tqlxib9cHN https://t.co/841xTroIBo 69 favorite

There are no events for NEM in the next 3 Months

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NEM Google Trends


The Google Trends chart displays the search interest on google in NEM relative to its peak over the last year. A rising chart shows growing interest int he project.

code NEM Development Analysis

3.3

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NEM Github Analysis

Code Updates (Commits)


Every change to the codebase of NEM is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 38 Stars
remove_red_eye 28 Watchers
usb 28 Forks
sync_problem 18 Open Issues
border_color 0.25 % Comment Coverage
lock_open Other License

attach_money NEM Price Analysis

4.1

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NEM Price Prediction

$ 0.037046 (0.3%) arrow_drop_up

Predicted USD Market Price in 24h by Coinpaper

$ 0.042893 (16.12%) arrow_drop_up

Predicted USD Market Price in 14d by Coinpaper

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Converter XEM - USD

Convert between XEM and USD with the live NEM prices, aggregated from all big exchanges that trade NEM.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle NEM Team Analysis

4.8

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NEM Team

NEM Lead

NEM Team Members (20)

Dona Rinon

Treasurer

launch

Ronel Li

Secretary-general

launch

Lon Wong

President

launch

Jeff McDonald

Vice president

launch

Ken Chan

Treasurer

launch

Takao Asayama

Council member

launch

Stephen Chia

Council member regional head, southeast asia

launch

Albert Castellana

Council member

launch

Nelson Valero

Council member

launch

Kristof Van de Reck

Council member regional head, europe

launch

Niko Maenpaa

Council member

Leon Yeoh

Co-founder

compare_arrows NEM Exchanges

NEM Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance XEM/BTC $ 0.036473 $ 479,680 check
# 2 Bittrex XEM/BTC $ 0.036409 $ 204,056 check
# 3 Poloniex XEM/BTC $ 0.036219 $ 29,277 check
# 4 Binance XEM/ETH $ 0.036502 $ 22,954 check
# 5 Binance XEM/BNB $ 0.036567 $ 2,412 check
# 6 Bittrex XEM/ETH $ 0.036108 $ 718 check
# 7 Zaif XEM/JPY $ 0.036551 $ 642,703 clear
# 8 HitBTC XEM/USDT $ 0.036503 $ 491,448 clear
# 9 HitBTC XEM/BTC $ 0.036365 $ 104,656 clear
# 10 Huobi XEM/USDT $ 0.036595 $ 88,985 clear

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