Blockchain Investor Analysis

NEM

XEM
Current Price $0.05 (-0.92%)
NEM is a smart contract computation platform written in Java that focuses on the development of smart assets.

Our Rating:

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

Average the six scores above

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.

Average Competitive Advantage Score

Average the three scores above

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.

Average Management Team Score

Average the three scores above

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.

Average Token Mechanics Score

Average the six scores above

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.

Average User Adoption Score

Average the three scores above

Overall Score

Weighted Average of the five section scores above

Blockchain Investor Analysis

NEM (XEM) is a project that prefers to target enterprise users who can benefit from blockchain technology for their businesses. Additionally, XEM can be used to make financial and mobile payments for customers looking for a way to implement payment systems into their platforms.“

While XEM isn't the most recognizable token on the market, it consistently ranks in the top 30 of digital assets by market capitalization. With its robust technology and focus on the Asian market, NEM is well-positioned to become a blockchain success story.

Subscribe to Bitcoin Market Journal to stay up-to-date with the latest developments in digital asset markets.

Comments are closed.