What is NEM?
NEM is a smart asset blockchain that offers highly customizable blockchain solutions to businesses in a cost-effective way. NEM in full stands for New Economic Movement, though the name has been dropped in favor of the shorter version–NEM.
After forking from Nxt, NEM was built from scratch in 2015 by a community of supporters and the NEM foundation. It presents many unique features most notably the 1 minute block time, proof of importance algorithm, multi-signature accounts and unique harvesting methods.
The native token of NEM is XEM which has a total supply of 8,999,999 tokens all of which were mined at the genesis block. Let’s look at some of the unique features of NEM.
NEM categories
Real world assets
NEM events & roadmap
31 December 2018 (or earlier)
Catapult Release
Buy Around 0.095/0.09
Targets
0.10
0.11
0.125
Mid
0.135
0.145
0.155
Long
0.175
0.195
Hold
Hold
Stop_loss:
Close below 0.084
Risk/Reward
10% / Hold
Invest:5%
we ask Allah reconcile and repay