NEM is now connecting businesses to blockchain?

[deathcode]

Yep, we're still in good hands with NEM. I'm holding about 20% of my portfolio with XEM since they're doing a drop for their new XYM which is 1:1 with whatever XEM you have.

after the decline, I think NEM has stayed too far at the bottom now. they also don't move well enough. indeed other altcoins also experience the same problem but NEM seems to experience problems in developing their platform.

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[Pamadar]

I actually think NEM is one of those coins people forgot all about but will some day be worth a lot. This is because it is as I recall a Japanese backed coin, so they will not give it up any time soon. Once the network of businesses really decide it is worth it some day, it will probably rise on a small FOMO scale.

It's long been forgotten as there are lots of competitions around this market, new projects being offered and investors from time to time
look upon new opportunities, they are aiming to continue earnings instead of
waiting for every developments of the coin that they've once holds.

But I do not mean just partnerships and tech use. I mean actual NEM token use. Problem with all these tokens are like Ripple effect. 100s of partnerships but no one actually using the token:)

Big problem indeed, if there's no actual usages then nothing will be new it will just a short hypes and nothing big will change to this coin
it will be decided once good actual additions to business industries will happen
to this coin.

[leyton11]

This can be something that corporations may start to use, knowing that blockchain technology is the trusted, secure value exchange network for business. Symbol which is from NEM is aiming to reduce business friction, increase trust, and expand the flow of ideas to accelerate innovation. Enterprises and developers can now connect together, which open doors to more opportunity to the blockchain technology.

Will these kinds of movements by big players in the crypto space help mass adoption?

that's not really because people still prefer to pay with stable coins or fiat money now. If there is a crypto revolution in terms of payment, then stablecoins will surely be used more than the top coins. NEM is really a good alts but it should only be a technology corporation and only develop technology, volatile coins can not be used as a means of payment. Price volatility is also one of the coin's weaknesses when using it for payment.

[Slash61]

Yes, it is. If that succeeds, I think that can be a help for the crypto world to have more people to invite on the crypto world. Maybe it still needs more time to see that happens, but at least, that can bring new hope for the crypto world to see the growth. And if the other project can do another thing and they can cooperate with the other business, that can help mass adoption too.

more projects need to do such updates to foster mass adoption in the market. when that can happen, it might be the altcoin season like 2017 when the adoption of crypto from several new projects is increasing very high, successfully growing the market very quickly.

[ethereumhunter]

Yes, it is. If that succeeds, I think that can be a help for the crypto world to have more people to invite on the crypto world. Maybe it still needs more time to see that happens, but at least, that can bring new hope for the crypto world to see the growth. And if the other project can do another thing and they can cooperate with the other business, that can help mass adoption too.

more projects need to do such updates to foster mass adoption in the market. when that can happen, it might be the altcoin season like 2017 when the adoption of crypto from several new projects is increasing very high, successfully growing the market very quickly.

The adoption of crypto will happen from a few years ago, and it is still running until now. People will invest in crypto and various project, but only a few of them who can make a profit from the project because many of them can not search the right project to invest. Besides that, we know that many projects can not run well step by step in this pandemic, and many of the projects have delayed or cancel their project until the situations are clear.