NEM XEM price prediction For 2019
NEM XEM price prediction For 2019
NEM(XEM) was designed to speed up the blockchain-based transactions and to provide revolutionary consensus mechanism. This ensures that the project would be able to grow with complete stability. The unique offering coin has already caught the attention of many developers."NEM XEM price prediction For 2019"
While the fundamentals of the project are pretty strong most of the crypto investors are trying to find out if they should invest in NEM.
NEM price predictions 2019:
a few months ago, the return of 60% is good enough. When you look at the back five-year forecast of the cryptocurrency. Thus over a time of 5 years as well, it provides plenty of upsides.
While on the whole, these price predictions might look a little bleak but when you take into account the strong application of the project which it is developing, it would provide you with good returns and stability in your digital asset portfolio. Also, it is a good diversification choice considering the fact that the platform is finding increasing takers.
Moreover, the NEM team believes that over a period of time, it would be able to provide blockchain solutions which are much more stable and which provide a higher output as compared to some of the other blockchains. If that happens, the price of the token would increase even further.
Also, the project provides additional security as well which would definitely attract more users to its platform. The permission-based private blockchain ensures that there is complete privacy whenever XEM transactions are conducted on the blockchain. This would in the future attract enterprise level clients as well as investors which would definitely increase the credibility as well as usability of the blockchain. A lot of companies are looking for entirely private and permission-based blockchain technology in order to migrate their systems.
Thus, if you�re looking to invest in lesser-known crypto coin which can provide you with decent upside, NEM (XEM) is a good option for you. Even though XEM might not offer you sky high returns but considering the fact that it offers you returns with stability, you can be sure that you would be able to increase the returns of your portfolio with the help of this cryptocurrency. Moreover, it is a good idea to invest in a cryptocurrency which is among the top 20 with a market cap.
NEM Partners With VNX Exchange
NEM is one of the leading blockchain application platforms in the world. The NEM project recently secured a strategic partnership with VNX Exchange. VNX crypto exchange is trading platform and marketplace for tokenized venture capital assets in the world. With VNX Exchange partnership, both entities plan to revolutionize the creation of security tokens on the blockchain.
NEM and VNX Exchange want to make standards and protocols for operating security tokens on the blockchain of NEM (XEM). They want to develop a standard that will remain strong all through the entire life cycle of the blockchain.
The VNX trading platform will lower financial roadblocks and unlock venture capital as a class of asset for a more global and extensive investor base. This will also increase the XEM holders of NEM.
Alexander Tkachenko�s Comment
Alexander Tkachenko is the founder and Chairman of VNX Exchange. In a blog post, the CEO said: �VNX Exchange�s partnership with NEM (XEM) as well as the opportunities it offers to the global ecosystem of security tokens are extremely encouraging.�
Alexander Tkachenko further added that he believes that the future of capital markets are tokenized assets. He also said that blockchain introduces incredible opportunities to enhance how the financial markets operate, especially the privacy-focused ones.
NEM And VNX Exchange Are Set To Attract Venture Capital Funds In NEM-Based Startups
NEM and VNX Exchange are aimed at creating a liquidity program to attract venture capital funds to startups based on the ecosystem of NEM (XEM). Venture capital funds will be able to partake in initial security token offerings on the trading platform of the exchange. This will significantly increase liquidity. One of the Cryptocurrency to be offered on the trading platform of VNX is NEM (XEM).
Kristof Van de Reck�s Remark
Kristof Van de Reck is the temporary CEO of the NEM (XEM) Foundation. Mr. Reck said he is very excited about exchange such as VNX. He said VNX trading exchange is closing the gap between the digital currency economy and the mainstream financial industry. The firm is aimed at bringing the Cryptocurrency economy closer to the mainstream financial industry.
Mr. Reck also said that this partnership has given the Foundation the opportunity to learn more about regulatory compliance related to their technology. He added that the partnership with VNX will help them to make sure that NEM (XEM) is always at the tip of the spear when it comes to security token offering. The interim president of the foundation also said that they aim to grow the ecosystem of NEM Project by leveraging the platform of VNX.
Some Details About NEM (XEM)
The blockchain of NEM Coin is coded and developed from scratch for speed and scalability. It is a private, permissioned blockchain technology that offers industry-leading transaction fees for cross-border ledgers. Also, the consensus mechanism algorithm of the blockchain project ensures that the public, open blockchain of NEM (XEM) can grow without compromising stability and throughput.
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