When you hear XEM coin, the native token of the NEM blockchain, designed for fast, low-cost transactions and smart asset management. Also known as Nano Token, it was one of the first blockchains to use proof-of-importance instead of proof-of-work or proof-of-stake. Unlike Bitcoin, which rewards miners for solving math puzzles, XEM gives weight to users who actively use the network—sending coins, holding them, and interacting with others. This system was meant to reward participation, not just mining power.
The NEM blockchain, which runs XEM, was built to be simple and scalable. It didn’t chase hype like other chains. Instead, it focused on real features: multi-signature wallets, encrypted messaging, and a visual asset system that lets you create your own tokens without coding. Even after the Catapult upgrade, a major technical overhaul meant to make NEM faster and more enterprise-ready got delayed and partially abandoned, the original network kept running. Today, XEM still powers niche use cases in supply chain tracking, academic credentialing, and small business payments—especially in Asia and Eastern Europe, where users value low fees and stability over flashy DeFi apps.
What makes XEM different now isn’t its price or market cap—it’s the quiet reliability of its network. While other coins chase trends, XEM’s community sticks around because it works. You don’t need a fancy wallet or a PhD in blockchain to use it. You just need a wallet, some XEM, and a reason to send value without waiting hours or paying $50 in fees. The posts below cover everything from how to buy XEM safely, to why the Catapult upgrade failed to deliver, to how it compares to newer chains like Hedera and Toncoin. You’ll also find deep dives on the people still building on it, the exchanges that still list it, and the scams that try to piggyback on its name. This isn’t a coin for speculators. It’s for people who want a working tool, not a lottery ticket.
NEM (XEM) was once a top 10 crypto with innovative tech like proof-of-importance and custom assets. Now it's a ghost chain with minimal activity, delisted from major exchanges, and no real development. Here's what happened.