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Francis D. photo
Philippines
1 Level
14 Review
16 Karma

Review on NEM by Francis D.

Revainrating 5 out of 5

NEM: The contender and a crypto underestimated during this bullrun.

I have been with NEM coin or XEM for 3 years now and I could say that it is quite a stable crypto and keeps its position in the top 100 coins up to date. I saw many different use-cases for NEM like payments, creation of Mosaics or token which is a counterpart of the ERC-20 token.
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Aside from that, the wallet of NEM is pretty simple to use and secured as well for newbies and veterans alike. A lot of exchanges listed NEM because of its price being affordable to own a whole of a NEM coin and its liquidity in the market. One of the powerful coins that entered the NEM ecosystem is the Loyalcoin for loyalty rewards market. Aside from that, the community has a lot of supporters for the banking industry and others such as blockchain development of XEM/NEM blockchain. The fees are almost free and easy to send back and forth with no congestion.
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Pros
  • Robust in technology
  • A wide range of community members
  • Mosaics for fast creation of a token under NEM
  • Small fees forever
Cons
  • Not many developers at the moment
  • Slow adoption

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