NEM is a smart contract supporting blockchain, implementing its own consensus mechanism known as Proof of Importance. The Singapore based foundation came in financial difficulties in 2019, which it was able to solve. A new blockchain named Symbol was released in September 2020. The new Xym token will replace the old one known as XEM.
NEM News Ticker
Dec 05 2020 Top 10 Staking Blockchains 2020 – These Proof of Stake Coins Have Had the Highest Return this Year!
Sep 20 2020 XEM price poised for upside potential after defending crucial support
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