NEM

NEM XEM

$0.1227
Market Cap $ 1.104 Bn (#23)
24h Volume $ 34.087 MM
Chg. 24h: 5.26%
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NEM project purpose and description

NEM clarity of purpose

NEM purpose and aspects

The NEM Smart Asset System allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.

NEM additional differentiation against competition

Mosaics then are the basic building blocks of Smart Assets that you can use to represent lots of simple things: it could be a coin, a signature, a status update or more – you decide. To create truly Smart Assets however, NEM allows you to create Addresses that act as containers for Mosaics that can be connected with Multisig rules. An address can simply represent a user, such as an account holder. But it can also represent an individual unique asset such as a document, or a

NEM categories

Real world assets

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