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Mijin and NEM API's are fully interchangeable. Noteworthy: Mijin referred the API documentation on bob.nem.ninja to their customers.
In other words any company that was testing Mijin initially ( I don't know about the status now...) used the NEM API as reference!
Based on volume of last months, none of the companies in the Japaneses consortia and mijin related initiatives seem to be investing in NEM. Or not yet?
Not knowing would be an easy explanation and could be the case for a part of those companies.
But those really working on mijin solutions would have to consult the documentation I suppose and would therefore be aware of the link with NEM.
Then why wouldn't they invest more in XEM? Probably because they do not see, as some of us, how XEM would benefit from mijin solutions (yet). Or even worse, they don't believe in it.
Only those building the applications would know. As long as it is unknown what the new applications will do, value of XEM will probably remain low.
Is somebody aware of what is being built and is willing to explain it a little?
Anybody?
These organisations are probably concentrating on using the tech for cost savings within their business at the moment and they are quite new to the scene (many of us here are way ahead of the curve). Im sure someone somewhere will have a brainwave and consider it advantageous to invest funds into XEM as a likely means of transferring values. We will suddenly see NEM pop up a lot higher on COINMARKETCAP.COM