Market
Problem that it solves
NEM aims to provide blockchain solutions in areas such tracking logistics, document notarization, decentralized authentication, and many more.
Customers
While NEM is available to everyone, it specifically targers enterprise customers.
Value creation
NEM adds value to businesses that want to use blockchain technology for areas like finance, logistics, and development.
Market structure
The market for blockchain solutions is very new but growing.
Market size
The market potential for NEM is massive if it forms the right relationships and partnerships.
Regulatory risks
As a blockchain project, NEM always has the potential of suffering regulatory risks from governments who don't agree with what digital assets have to offer.
Average Market Score
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Competitive Advantage
Technology/blockchain platform
When NEM was developed, it was a new blockchain that built from the ground up. However, it has been successfully running since 2015.
Lead time advantage
NEM has been around for half a decade, giving it a solid advantage over other projects attempting to provide the same services.
Contacts and networks
NEM has a group of founders who are respected within the industry and can reach out to others in the market when needed.
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Management Team
Entrepreneurial Team
NEM has a solid enterpreneurial team, backed by years of success and experience.
Industry/technical experience
The project has been around for roughly five years, so it goes without saying that the team meets the 10,000 hours requirement.
Integrity
While there were questions surrounding the use of the project's marketing budget a few years ago, the project has been transparent and honest since that time.
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Token Mechanics
Token required
There are many use cases for the XEM token within the NEM ecosystem.
Value added
XEM tokens can be used for financial payments, mobile payments, and other forms of transactions.
Decentralized
NEM says that it wants to focus on the principles of decentralization and transparency for its blockchain services.
Token supply
XEM has a fixed total supply of coins at 8,999,999,999.
Public exchange
XEM is available on a wide variety of exchanges, including Binance, OKEx, HitBTC, and many others.
MVP
NEM has several of existing products to help those who want to use blockchain technology for their businesses.
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User Adoption
Technical difficulty
Understanding NEM may require some technical knowledge, but the project has plenty of use cases, which should help attract users.
Halo Effect
NEM has working relationships with companies like Dragonfly Fintech, Tech Bureau Corp., Blockchain Global, and many others.
Buzz
The social buzz surrounding NEM is rather limited compared other leading projects with similar features.
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Overall Score
Weighted Average of the five section scores above
