NEM profile
NEM Profile (XEM)
Score: 5.83 | Above Average
Platform Balanced Small Cap
Project Safety Score

Thu, Oct 28, 2021 4:40 AM

Score 5.83
Rating Above Average
Market Cap $1371589969.8687
24hr Volume $102224471.26232
Price $0.1523988855579
Review

NEM

coin

1stgen blockchain

NEM is a highly versatile crypto solution which seeks to adhere to a host of mainstream industry requirements. 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.
Essentially, NEM is designed as a financial blockchain solution and can be used for payment, clearing and settlement in a private environment which is highly controlled. This means that NEM meets several of the regulatory requirements and guidelines in the financial industry. This allows it to be used to settle (change of ownership) any asset via the blockchain.

Read more in the whitepaper:
https://nem.io/wp-content/themes/nem/files/NEM_techRef.pdf

NEM Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

NEM Safety Report

NEM has a safety score of 5.83

NEM is a small cap platform coin.

NEM is suited to a balanced investment style.


NEM Profile

This profile has all the the data required to perform a thorough analysis.


NEM Red Flags

There are currently no NEM red flags.


NEM Development Score

The NEM project has 31 active source code repositories.

The most recent commit was Mon, Jul 12, 2021 7:01 AM

  • 419 Watchers
  • 521 Stars
  • 378 Mentionable Users
  • 0 Vulnerabilities
  • 1 commits in the last 28 days.
Highlights:
  • daily repo updates
  • average stars
  • below average watchers
  • below average repo stars
  • low mentionable users

NEM Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is good indicating that this project could be spoken about more positively and more in the community. In general as the popularity of a project grows and as main stream awareness grows this score will go up. But conversely as people loose interest and stop talking about this project or if things take a turn for the worse then this score will go down.
Highlights:
  • The overall sentiment is good

NEM Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on NEM?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall NEM has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • very low reddit articles
  • poor search result count

NEM Awareness Score

The awareness score indicates how well NEM is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the NEM is but a good measure of longevity is how well the project is known by the general public.

Overall NEM this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • below average news articles mentioning NEM
  • no search result total
  • very poor news articles directly about NEM

NEM Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Apr 1, 2015)

NEM Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • good USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

NEM Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

XEM
Community Trust Score (XEM)

--/5

0 reviews
No reviews
Be the first to leave a review

No one is talking about NEM, be the first to start the conversation.

Do you think NEM is a scam project which will disappear in a rug pull in the next few months or do you think NEM is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

100.00%

Complete
Profile Status

How complete is this profile:

No missing data points

Community Signals

--/5

(no reviews)
Community Trust Score
Market Cap Rank:
77
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
NEM Github
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