- NEM is a 3rd generation cryptocurrency (blockchain has been designed from scratch)
- There is almost 9 billion of coins in circulation
- NEM has one of the lowest transaction fees - 1% of the amount that we want to transfer, which is great for micro-transactions
- Transaction fee is received by Harvesters
- Harvesters are responsible for the same thing as miners with Bitcoin - but their payment is not in cryptocurrency, but in transaction fees
- To become a Harvester you have to freeze 10,000 NEM (around $2000)
- NEM also has Super-Node feature. What does this title enable you to do? You have a vote concerning all of the project further development. How to become one? You have to freeze 3,000,030 NEM. The list of all of the Super-Nodes is avaiable here https://nemnodes.org/nodes/
- Sadly, NEM transactions are not the fastest in the business, system is able to handle 2-3 transactions per second
- NEM has an official wallet
- The team behind NEM is one of the most active ones in the business, news are comming out pretty much on a daily basis.
We've got the main stuff behind us, let's focus on money!
- NEM was launched on 1st of April 2015
- Starting and the lowest price were less than 1 cent
- The biggest price $0.34
- Current price $0.20
Investment aspect:
- NEM is a great project that currently is rated tenth by marketcap
- An opportunity to download an official wallet is a big advantage
- We don't have to fear the developer's greed, cause if NEM loses it's value, they are losing their own money
- Amount of coins is a huge obstacle - 500x more than Bitcoin has
Let me know what do you think about NEM