| General information | |
|---|---|
| Global rank: | 263 |
| Name: |
NEM |
| Symbol: | XEM |
| Current coin price (PHP): | 1.07 ₱ |
| Last hour: | arrow_upward1.06 % |
| Last 24 hours: | arrow_downward-3.97 % |
| Last 7 days: | 2.83 %trending_up |
| Capitalisation (PHP): | 9 668 452 103.97 ₱ |
| Volume 24h (PHP): | 392 969 751.80 ₱ |
| Available supply: | 8 999 999 999.00 XEM |
| Total coin supply: | 8 999 999 999.00 XEM |
| Proof type: | PoI |
| Start date: | 31/03/2015 |
| NEM (XEM) website: | http://www.nem.io/ |
NEM/Philippine Peso (XEM/PHP) price chart
NEM/Philippine Peso (XEM/PHP) capitalisation and volume charts
NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.
NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on May 31, 2015.