NEM is a blockchain project and cryptocurrency network that operates the XEM token using a Proof-of-Importance consensus mechanism. NEM's Twitter Score is 66 out of 1000 (a Good rating) as of October 2026, ranking #12,906 (top 5%) among 498,348 tracked accounts.
NEM was founded by UtopianFuture and launched in March 2015. Its Proof-of-Importance model requires participants to hold a vested balance of 10,000 XEM in order to harvest, distinguishing it from standard Proof-of-Work and Proof-of-Stake designs. NEM was previously affiliated with the NEM Foundation, and is currently affiliated with Symbol and the NemProject GitHub organization.
NEM gained widespread attention in January 2018 when approximately 500 million NEM tokens were stolen from the Japanese exchange Coincheck, one of the largest cryptocurrency thefts on record at the time. Separately, the Venezuelan petro was reported to be based on the NEM blockchain. NEM has accumulated 310,633 followers as of October 2026 and published 108 posts, and has been mentioned by 357 accounts a total of 1,253 times.
Who follows NEM on X?
The accounts that follow NEM include 271 founders, 59 angel investors, 129 influencers and 17 VCs, among them Erik Voorhees, Stani, Kyle Samani, H.E. Justin Sun, Mario Nawfal and Zeneca.