Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
makoto1337
on 09/06/2014, 01:52:52 UTC
why the coin is so expensive?

Your answer can be found on the first page.

- Fair distribution (call for participation) with 3000 stakeholders
- Proof of intent (distinct form proof of work and proof of stake)
- Large, skilled, development team.  Gimre and Jagaur were contributors to NxT.  The other developers had roles in other successful coins.



POI = Proof-of-Importance (not intent; this is not mineable)