Well, as I said, cryptoland has only a few million people. NEM is not well known in the cryptoland because many still do not know the superior features in the NEM blockchain. We have not been publicising in the cryptoland too. Besides, most of the speculators have probably got waned by the alt crypto in general.
NEM is a small community. Real active ones probably <100. Rest are only "swinging by" every now and then. And as I have mentioned numerous times, we should not worry about cryptoland and its speculators. In a way, we are using the blue ocean approach and cover new grounds and new users by working on the 7 Billion people instead. It appears that this approach is working. More and more people are 'experimenting" with NEM, learning how to program, and making use of the NEM Blockchain platform. Soon, they will find that working with NEM is so much easier than working with a bitcoin blockchain. It has so many more powerful functions. And when that critical mass of programmers start to kick in, we would reach the tipping point for NEM.
That should not be far away. We hope by the end of the year, we will have more users of NEM than any other altcoins in the cyptoland. And I strongly believe we can achieve that.
The level of visibility NEM has in Japan is equivalent to a company appearing in major TV stations in North American, albeit, it is not televised so much outside of Japan. Heard enough and seen enough, it is bound to touch the man on the street sooner than expected.
More announcements are expected in Japan with more companies adopting/experimenting NEM. It is going to be a barrage of news till you cannot keep track.
Hope this sums up why we have been so quiet working in the background. That has been NEM since launch. We never over-promise but we will always strive to over-deliver.
Footnote: It appears that a new wave of Japanese are coming in to buy XEM up. We'll see., but if this is true, more will join the fray as we list XEM in Zaif later this month (ETA).
Great, however it's not quite clear yet how the value of XEM is related to all of this...
From the above, it is clear that the value of XEM is underrated, remains under the radar, and there are not many followers of NEM in the cryptoland. Soon there will be more when it reaches tipping point in Japan. Period.