NEM (XEM)

[mfgex]

everyone here is saying it's one of the best coins but nobody seems able to explain what it actually does?  all these coins websites read the same, so maybe someone can lay it out nice and simple.

google is your friend.  There's a huge thread on BTC in the announcement forum. It's an evolution on bitcoin to address bitcoin's shortcomings. A private version of the blockchain called Mijin which is based on the upcoming Catapult release is being developed by various banks in Japan also.

Watch this video.. it's a basic intro to the coin. Check the forums. Do your own DD.

https://www.youtube.com/watch?v=DFB81hFs-Bg

im just reiterating the OP, given the total non-answers received thus far.  but thanks for your response

[1715328481]

1715328481

[OrangeP]

Absolutely no one doesn't seem to give a shit about NEM.

Why on earth is it worth 1 billion?

[gentlemand]

Absolutely no one doesn't seem to give a shit about NEM.

Why on earth is it worth 1 billion?

Because it's being pumped like everything else.

However you might be wrong about shits being given. The difference is that almost all shits are taking place in Asia, not the West. They have fiat trading pairs, are building business relationships and most of the community action happens there too.

If you're English speaking only you'd be right to consider it a relative obscurity.