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The NEM platform is similar to platforms mentioned earlier such as Ethereum and EOS, in that it’s looking to provide a foundation for developers to build functional apps and programs powered by blockchain technology. But many of these platforms are siloed, offering limited ability to interact with other networks or legacy systems. Where NEM is different is its flexibility. Instead of needing programs and apps custom-made for the NEM network, the network connects to existing apps, servers, databases and more via API gateways. It introduces the potential for a lot more interesting, real-world use cases than other platforms. NEM also introduces a different consensus mechanism, known as “Proof of Importance”. This works as a kind of staking system, wherein staked tokens need to be “vested” (held for a certain period of time) to be able to form a network node. From there on, nodes earn token rewards, which are amplified with the node’s “importance” score. 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Market information on 2022-01-15 08:11:49

Market capitalization: $ 2060 billion (+ 5.6%) 🔺 (against $ 2019 billion yesterday morning).
Weighted average Bitcoin rate $43055 (+0.0653919 %) 🔺 with a capitalization of $ 815 billion and a dominance index of 40%
Top 30 coins at 2022-01-15 08:11:48
↗️+0.07 Bitcoin BTC $43055.13 $815023962136
↗️+0.01 Ethereum ETH $3317.4 $395321438206
↗️+0.15 BNB BNB $495.11 $82584128210
↘️-0.01 Tether USDT $1 $78432147423
↘️-0.04 Solana SOL $145.56 $45708549560
↗️+0.01 USD Coin USDC $1 $45263650464
↗️+0.2 Cardano ADA $1.27 $42568796199
↗️+0.29 XRP XRP $0.78 $37165680881
↗️+0.62 Terra LUNA $82.34 $29580339450
↗️+0.04 Polkadot DOT $27.28 $26939528329
↗️+1.2 Dogecoin DOGE $0.19 $25415550897
↗️+0.15 Avalanche AVAX $90.33 $22071679045
↘️-0.29 Polygon MATIC $2.33 $17052099936
↗️+0.39 Shiba Inu SHIB $0 $17004327735
↗️+0.07 Binance USD BUSD $1 $14403265922
↘️-0.32 Chainlink LINK $25.67 $11989676062
↘️-0.3 NEAR Protocol NEAR $19.4 $11910458264
↘️-0.01 Coin CRO $0.46 $11693775932
↗️+0.02 Wrapped Bitcoin WBTC $43100.33 $11502648647
↗️+0.04 TerraUSD UST $1 $10617747684
↗️+0.43 Litecoin LTC $149.66 $10389140953
↘️-0.33 Uniswap UNI $16.28 $10210221569
↘️-0.06 Dai DAI $1 $9513564679
↗️+0.69 Cosmos ATOM $40.4 $9140126225
↗️+0.4 Algorand ALGO $1.38 $8945675606
↗️+0.37 Bitcoin Cash BCH $390.4 $7400283469
↘️-0.4 Fantom FTM $2.89 $7348392925
↗️+0.29 TRON TRX $0.07 $6957836582
↗️+0.16 Stellar XLM $0.26 $6492175085
↘️-0.22 Internet Computer ICP $32.06 $6360329908

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