• nem

Cryptocurrency Category: Coins

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    THE XEM TOKEN – WHAT IS IT?

     

    Benefits of XEM

    XEM is the native currency of the NEM public blockchain. It is used to pay for transactions on this public blockchain in order to incentivize its network of public nodes that process and record transactions for businesses and users there. This means that XEM has real fundamental value as the currency of a functioning economy.

    • Zero Inflation – the amount of XEM tokens in the ecosystem is fixed
    • Scalable – featuring High TPS
    • Support the ecosystem by harvesting XEM tokens
    • Efficient – with negligible electricity and hardware costs

    Production Ready

    NEM is a Blockchain engine that enables businesses to easily apply Blockchain Technologies on their processes. Mijin, NEM’s permissioned ledger can ensure over 4,000 transactions per second and supports full interaction with NEM.

    Find out more about NEM for business

    Technical

    NEM is a developer friendly platform that focuses on fast and secure development by offering a set of built-in features that do not require complex smart contracts nor a specific language.

    Discover our developer area

    Strong global Community

    NEM’s public chain is supported by a strong community of developers and companies that look after its growth as an entire ecosystem.

    Be part of the community

    Governance

    NEM is being further developed by the NEM Foundation, an organization that is formed by a fully committed team that focuses on expanding the technology and its use cases.

    Discover the Foundation

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