OUR PLATFORMS

Pioneering technology unified
across one powerful ecosystem

OUR PLATFORMS

Pioneering technology unified across one powerful ecosystem

Participate in the launch of Symbol:
1 XEM = 1 XYM

In December 2020, NEM is launching the Symbol public blockchain. Click here for everything you need to know about the migration from NEM NIS1 to Symbol, including Opt-in, Snapshot, and your opportunity to participate in XYM. By opting-in, XEM holders will obtain an XYM balance equal to that of their XEM balance at the time of the Snapshot.

NEM and Symbol Coins
1 XEM 1 XYM Button

Participate in the launch of Symbol: 1 XEM = 1 XYM

In December 2020, NEM is launching the Symbol public blockchain. Click here for everything you need to know about the migration from NEM NIS1 to Symbol, including Opt-in, Snapshot, and your opportunity to participate in XYM. By opting-in, XEM holders will obtain an XYM balance equal to that of their XEM balance at the time of the Snapshot.

NEM and Symbol Coins
1 XEM 1 XYM Button

INNOVATE AND CREATE

1 NEM NIS1 Logo

NEM NIS1 is the original blockchain offering from NEM, created by the community, and optimized to be a developer’s sandbox. With zero downtime or major outages since 2015, NIS1 is the blockchain you can trust for all your project needs.

POWER POSSIBILITY

Symbol logo purple - pink

Symbol from NEM is the next-generation enterprise-grade blockchain solution from NEM, purpose-built to help businesses cut costs, reduce complexities, and streamline innovation. With major upgrades in flexibility, security, speed and ease of use, the Symbol platform is the best-in-class blockchain enterprise solution.

INNOVATE AND CREATE

1 NEM NIS1 Logo

NEM NIS1 is the original blockchain offering from NEM, created by the community, and optimized to be a developer’s sandbox. With zero downtime or major outages since 2015, NIS1 is the blockchain you can trust for all your project needs.

POWER POSSIBILITY

Symbol logo purple - pink

Symbol from NEM is the next-generation enterprise-grade blockchain solution from NEM, purpose built to help businesses cut costs, reduce complexities, and streamline innovation. With major upgrades in flexibility, security, speed and ease of use, the Symbol platform is the best-in-class blockchain enterprise solution.

BUILT-IN FEATURES

BUILT-IN FEATURES

1 NEM NIS1 Logo
Symbol logo purple - pink
Multisig Accounts
Multi-level Multisig Accounts
Account Restrictions
Enhanced Account Restrictions
Mosaic Restrictions
Mosaic Restrictions
Cross-chain Transactions
Metadata Controls
Integrated Hybrid Public/Private Blockchain
Mosaics
Mosaics
Namespaces
Namespaces
Plug-ins
Plug-ins
PROTOCOL
POI (Proof-of-Importance)
POS+ (Modified Proof-of-Stake)
Receipt
Merkle State Transition Proof
P2P Transactions
Aggregated P2P Transactions
Fixed Fees
Customizable fees
No inflation
Customizable inflation
API's
Coded in Java
Coded in C++
1 NEM NIS1 Logo
Symbol logo purple - pink
Multisig Accounts
Multi-level Multisig Accounts
Account Restrictions
Enhanced Account Restrictions
Mosaic Restrictions
Mosaic Restrictions
Cross-chain Transactions
Metadata Controls
Integrated Hybrid Public/Private Blockchain
Mosaics
Mosaics
Namespaces
Namespaces
Plug-ins
Plug-ins
PROTOCOL
POI (Proof-of-Importance)
POS+ (Modified Proof-of-Stake)
Receipt
Merkle State Transition Proof
P2P Transactions
Aggregated P2P Transactions
Fixed Fees
Customizable fees
No inflation
Customizable inflation
API's
Coded in Java
Coded in C++
1 NEM NIS1 Logo
Symbol logo purple - pink
Multisig Accounts
Multi-level Multisig Accounts
Account Restrictions
Enhanced Account Restrictions
Mosaic Restrictions
Mosaic Restrictions
Cross-chain Transactions
Metadata Controls
Integrated Hybrid Public/Private Blockchain
Mosaics
Mosaics
Namespaces
Namespaces
Plug-ins
Plug-ins
PROTOCOL
POI (Proof-of-Importance)
POS+ (Modified Proof-of-Stake)
Receipt
Merkle State Transition Proof
P2P Transactions
Aggregated P2P Transactions
Fixed Fees
Customizable fees
No inflation
Customizable inflation
API's
Coded in Java
Coded in C++

THE TRANSITION

Migration from
NIS1 to Symbol

The technology stack between NIS1 and Symbol is not compatible, thus the Symbol chain will be introduced in parallel with NIS1. In order to give XEM holders agency through the migration, the token allocation of the XYM tokens will be determined by an opt-in process. By opting-in, XEM holders will obtain an XYM balance equal to that of their XEM balance at the time of the snapshot (a predetermined moment when everyone’s XEM balance across the NEM blockchain will be recorded).

Migration-Flowchart-XEM-to-XYM v1

THE TRANSITION

Migration from
NIS1 to Symbol

The technology stack between NIS1 and Symbol is not compatible, thus the Symbol chain will be introduced in parallel with NIS1. In order to give XEM holders agency through the migration, the token allocation of the XYM tokens will be determined by an opt-in process. By opting-in, XEM holders will obtain an XYM balance equal to that of their XEM balance at the time of the snapshot (a predetermined moment when everyone’s XEM balance across the NEM blockchain will be recorded).

Migration-Flowchart-XEM-to-XYM v1

THE TRANSITION

Migration from
NIS1 to Symbol

Migration-Flowchart-XEM-to-XYM v1

The technology stack between NIS1 and Symbol is not compatible, thus the Symbol chain will be introduced in parallel with NIS1. In order to give XEM holders agency through the migration, the token allocation of the XYM tokens will be determined by an opt-in process. By opting-in, XEM holders will obtain an XYM balance equal to that of their XEM balance at the time of the snapshot (a predetermined moment when everyone’s XEM balance across the NEM blockchain will be recorded).

Want to know more about our solutions?
Talk to us.

Want to know more about our solutions? Talk to us.

© Copyright NEM Group Ltd 2020. All rights reserved.

© Copyright NEM Group Ltd 2020.
All rights reserved.