Review on NEM by Douglas Cachazo

Name: NEM
Item: NEM
Rating: 4

March 11, 2021

NEM: Blockchain technologies at the service of the business world

It never ceases to be interesting the emergence of a new ecosystem with its own development from scratch and that comes with innovations, is the case of NEM, a whole ecosystem based on a blockchain from scratch, with its own cryptocurrencies and interesting features, the function of the NEM project is mainly to offer companies the ability to develop in an ecosystem where they will have a package of tools to develop, it comes with the innovation of smart assets that are something different from the smart contracts introduced by the ethereum blockchain. 
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Before going into a little more detail about this interesting project I want to emphasize that tomorrow March 12 is scheduled to perform the Snapshot of the project and the 15th will officially be its mainnet, for those who are not familiar with these terms I clarify that the snapshot as its name suggests is a snapshot as a photograph of the system as a whole of its initial state, this is done by system developers to anticipate if something goes wrong to return to the starting point.   And the mainet theme is to put the project already active with all its planned functionalities, this makes it opportune to invest now in this project in its own cryptocurrency NEM as surely its price will rise in the coming days or weeks, in that sense evaluating digital financial magazines I do not remember which one warned that NEM was among the best cryptocurrencies to invest, I do not remember which magazine at the moment but it was affirmed. There were many skeptics about this project as they claimed they did not fulfill their work path, but that was not so, for sample what is to come this week and next week.  
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The project is totally denaturalized and born in Singapore but developed by experts from all over the world, its function and raison d'être is an ecosystem so that those can develop applications and reduce costs, for this NEM provides a series of tools to facilitate development. Both the protocol used for transactions and mining are effective programs and generate speed to the processes, in the case of mining you must invest 10000 NEm for mining and you will receive a reward for the cryptocurrency created and for the transactions that were made.
   
But its most important card is the innovation of smart assets.
Which can be coins, property titles, shares, documents, patents that can be registered on the NEM platform in a decentralized way, i.e. without third party intervention, multiple signatures are available. 
  
For the above mentioned and if we take into account that NEM currently has a capitalization of more than 2 billion dollars, it is advisable to invest in this cryptocurrency and follow closely the evolution of the project, it will attract many companies to carry out their customized developments.
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