Don't have an account yet? Register now to start trading all your favourite coins.
More information about the coin
  • 1D
  • 1W
  • 1M
  • 1Y

NEM

The New Economy Movement (NEM) is the first Smart Asset blockchain platform. The platform focuses on the business market and gives it the opportunity to manage their assets in a smart way. NEM is flexible and can be adapted to the wishes and needs of the user. In this sense it can be compared with Ethereum, but NEM profiles itself more as a ready to use blockchain platform.

The project, founded in 2015, has a wide range of applications and is known as a stable and reliable platform. The development team of NEM is almost completely unknown. Only online aliases are known, despite this the community relies blindly on these developers. The team of the NEM Foundation is well known. In addition to being president of the NEM Foundation, Lon Wong is also CEO and founder of Singapore-based Dragonfly. Dragonfly is a fintech company that uses blockchain to optimize payments. There are a total of 9 billion XEM in circulation. XEM is the cryptocurrency that is used on the NEM blockchain. During the initial distribution, these 9 billion were distributed among 1,500 stakeholders and the team itself. Since then, part of the 9 billion has been traded and part is still in the hands of the initial owners. Currently the 50 richest addresses have 4.5 billion XEM or 51% of the total supply. The majority share is owned by the NEM foundation, but exchange wallets also fall under this 50.

Read more

Company

Information

Coin info

  • 9000000000
  • N/A
  • # 28

Fundraising

  • Angel Round
  • NA - 1/25/2018
  • $1,000,000

Social media

Promotions

Latest news

MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race - CoinDesk

MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race - CoinDesk

05-12-2019 / 16:41
Read more
Almost $9 Billion of Bitcoin Moved On-Chain in 1 Hour: Record

Almost $9 Billion of Bitcoin Moved On-Chain in 1 Hour: Record

05-12-2019 / 16:14
Read more
Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer - CoinDesk

Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer - CoinDesk

05-12-2019 / 16:00
Read more
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD - CoinDesk

Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD - CoinDesk

05-12-2019 / 14:00
Read more
Matter Labs Unveils Layer-2 Scaling Solution for Ethereum Payments - CoinDesk

Matter Labs Unveils Layer-2 Scaling Solution for Ethereum Payments - CoinDesk

05-12-2019 / 14:00
Read more
Microsoft Announces Token Collectibles on Ethereum Blockchain

Microsoft Announces Token Collectibles on Ethereum Blockchain

05-12-2019 / 13:46
Read more
Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy

Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy

05-12-2019 / 13:10
Read more
Microsoft Teams up With Enjin to Offer Crypto Collectible Rewards - CoinDesk

Microsoft Teams up With Enjin to Offer Crypto Collectible Rewards - CoinDesk

05-12-2019 / 12:29
Read more
Ex-Morgan Stanley Executives Launch Crypto Derivatives Platform in Singapore - CoinDesk

Ex-Morgan Stanley Executives Launch Crypto Derivatives Platform in Singapore - CoinDesk

05-12-2019 / 12:00
Read more
Bitcoin's Rejection at Key Price Hurdle Puts Short-Term Bull Trend at Risk - CoinDesk

Bitcoin's Rejection at Key Price Hurdle Puts Short-Term Bull Trend at Risk - CoinDesk

05-12-2019 / 11:44
Read more
What Attracts Investors to Blockchain Gaming?

What Attracts Investors to Blockchain Gaming?

05-12-2019 / 11:30
Read more
Stablecoin Adoption Can Impact Economy, Warn Senior US Regulators

Stablecoin Adoption Can Impact Economy, Warn Senior US Regulators

05-12-2019 / 11:22
Read more
Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions - CoinDesk

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions - CoinDesk

05-12-2019 / 10:54
Read more
Circle Co-Founder Sean Neville Quits as CEO After Reshuffle: Report

Circle Co-Founder Sean Neville Quits as CEO After Reshuffle: Report

05-12-2019 / 08:00
Read more
Crypto Loans See Solid Growth, Platforms Attract Community Interest

Crypto Loans See Solid Growth, Platforms Attract Community Interest

05-12-2019 / 02:00
Read more
Bitfinex Allows Lightning Network Shopping on Bitrefill with Bitcoin

Bitfinex Allows Lightning Network Shopping on Bitrefill with Bitcoin

04-12-2019 / 22:07
Read more
What Twitter Meme Wars Say About Crypto's Reliance on Figureheads - CoinDesk

What Twitter Meme Wars Say About Crypto's Reliance on Figureheads - CoinDesk

04-12-2019 / 22:05
Read more
Former Morgan Stanley Developers Launch Crypto Derivatives Exchange

Former Morgan Stanley Developers Launch Crypto Derivatives Exchange

04-12-2019 / 19:52
Read more