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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1458. (Read 2985369 times)

newbie
Activity: 18
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Why not XNM? It sounds better in my opinion, like "ex-nem"  Roll Eyes. Though it's tougher to remember the abbreviation XNM that XEM..

+1 for XNM
hero member
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https://iota.org/
Marry Christmas to Everybody!
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Radix-The Decentralized Finance Protocol
Why not XNM? It sounds better in my opinion, like "ex-nem"  Roll Eyes. Though it's tougher to remember the abbreviation XNM that XEM..
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
Announcing the Currency Code of NEM:

X E M



This is just a currency code to be used on tickers and websites (Bitcoin is XBT, for example). Below is some information on currency codes, as well as an explanation of why we couldn't just use NEM (NEM is still the name of our movement, so don't worry  Kiss ).

The currencies on FOREX and other major international exchanges have three letters. The first two letters represent the countries international abbreviation. The United States is "US". The third letter represents the currency.

US (United States) + D (dollars) = USD
IN (India) + R (rupee) = INR
JP (Japan) + Y (yen) = JPY
CN (China) + Y (yaun) = CNY
SA (Saudi Arabia) + R (riyal) = SAR
ZA (South Africa) + R (rand) = ZAR

In this last example South Africa was not allowed to use (SA) because it was registered to Saudi Arabia. There for South Africa settled with ZA. It is a first come first served system.

These country codes are not just for currencies. It is the internationally recognized country code. These codes are used for things like websites too.

For instance the following.

http://www.state.nj.us/ = US website (New Jersey State)
http://www.mu.ac.in/ = Indian website (Mumbai Uni)
http://www.u-tokyo.ac.jp/en/ = Japanese website (Tokyo Uni)
http://en.shu.edu.cn/Default.aspx = Chinese website (Shanghai Uni)
http://ksu.edu.sa/ = Saudia Arabia website (King Saud Uni)
http://www.uct.ac.za/ = South African website (Capetown Uni)

Now here is the important part. "NE" is already claimed for the country of Niger. So if we say "NEM" people will think it is the official currency of a very poor country in Africa.

http://uam.refer.ne/ = Niger website (Niamey University)

Currencies/commodities that don't have a country start with "X" thus
XRP = Ripple
XBT = Bitcoin
XAU = Gold
XAG = Silver
full member
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HAVUJA PERKELE!
legendary
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legendary
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I am not Dorian Nakamoto.
legendary
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mur crimas mafukahs
legendary
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K-ing®
Merry Christmas
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
NEMMY Christmas and Happy New Economy!
 Cheesy Smiley Wink Kiss Grin Shocked Cool
hero member
Activity: 518
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NEMmy Christmas!!
hero member
Activity: 521
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0.3m NEM is a lot, not measly at all.

The NXT you spend to buy them is going to be worth less and less so you did good by converting your NXT to NEM.

Hmmmm....not so sure about that, NEM dudes.  Grin
I'm hoping/fairly confident that NEM will be a success, but I'm pretty damn sure that NXT will be coming out a winner in the 2015 crypto-wars.....

Anyway, if you guys are in search of a fiat gateway for NEM (which is a good thing), I suggest that you have a talk to this lot:

www.ccedk.com
https://coinomat.com/
https://www.coinimal.com/

I'm fairly sure that one (or all) would be willing to list NEM when it launches.





It would be very strange if you did not believe so.

Regardless, it does not matter who will be the winner as long as it succeeds.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Ok, OP / first post says NEM distribution estimated in beginning of December. I realize that's a rough estimate, but has there been any updated expectations on when distribution will actually happen? I can't keep up with this thread and don't know where to go for information.

We're not giving out ETAs anymore since it did more harm than good.
I wouldn't stay away for longer then a few weeks though Wink

From now on we should use via-negativa(i.e. saying what we're confident is unlikely to happen) until we have a clear ETA before us.

So here it is, I think it's safe to say that it's quite unlikely that we're going to launch in the next 2 weeks.

That being said, it has been an interesting and productive year - very much looking forward to the next one.

Merry Christmas everyone Wink
hero member
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NEM ....best currency distribution ever ...!!!!!!!
Wishing everybody a Merry Xmas.....hope you have a lovely day tomorrow.......
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full member
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Nemmy Christmas !
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.

0.3m NEM is a lot, not measly at all.

The NXT you spend to buy them is going to be worth less and less so you did good by converting your NXT to NEM.

Hmmmm....not so sure about that, NEM dudes.  Grin
I'm hoping/fairly confident that NEM will be a success, but I'm pretty damn sure that NXT will be coming out a winner in the 2015 crypto-wars.....

Anyway, if you guys are in search of a fiat gateway for NEM (which is a good thing), I suggest that you have a talk to this lot:

www.ccedk.com
https://coinomat.com/
https://www.coinimal.com/

I'm fairly sure that one (or all) would be willing to list NEM when it launches.





Thanks for the tip. Already talked to 2 of those, we'll also talk to the 3rd.  Wink
member
Activity: 334
Merit: 10
Global Trans-Fee Mining Exchange
for marketing you need money!

I got the idea of the start of trading for the first week ONLY for the DEV is.

So you can take money and it makes for a better distribution.

And by the way I can get me some more so NEMs.

Merry Christmas for all NEMber and Nxter Smiley
hero member
Activity: 980
Merit: 1001
I've been away from this thread and the NEM community for a while and I still have 0.1 NEMstake in my NXT account. I can still redeem this right? I'll have some free time in early January to sort this out so hopefully it won't be too late by then. And how much NEM will I get? I think 1 NEMstake used to be worth 1,000,000 NEM but this number has been changed recently right?

Early Jan should be fine.
Just follow this guide https://forum.nemcoin.com/nem-news-alerts/updated-redemption-guide/
legendary
Activity: 866
Merit: 1002
Can you finish the fucking coin

We're working on that, it's been said multiple times - no multisig, no release.
But hey, I though you hate NEM, so why would you care anyway?


Having said that, Merry Christmas to you.
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