Maximise your Metaverse potential, giving you daily rewards and a passive income of 0.5% daily I'm going in!
NXM

NXM (NXM)

Buy NXM

Exchange rate NXM:

173.24zł

-5.31%

Market capitalization

1128651686 PLN

Volume (24h)

38168 PLN

Supply in circulation

6514822 NXM

All-Time High

-

All-Time Low

-

Popularity by CMC

#224
The current rate NXM NXM is $173.24. In the last 24 hours, the price of NXM has decreased by -5.31% and the 24-hour volume of this cryptocurrency is $38 168.00. The cryptocurrency in the last 24 hours recorded the highest price at the $0.00, while its lowest was $0.00. The highest NXM price in the last 7 days was $0.00, and the lowest price was $0.00. Exchange rate NXM in the last 30 days decreased by -40.57%.
Cryptocurrency calculator
Źródło danych: Coinmarketcap.com
1h 24h 7d 14d 30d 1y
-2.51% -5.31% -3.33% -31.23% -40.57% -43.64%
Źródło danych: Coinmarketcap.com

Oceń kryptowalute

Your vote has already been added.
Rating: 4 from 5
Liczba ocen: 3

What is NXM?

Launched in May 2019, Nexus Mutual is a decentralized insurance protocol built on Ethereum. It offers users the ability to take out covers on smart contracts through the usage of its native token NXM.

Nexus Mutual uses a risk-sharing pool that allows anyone to purchase insurance cover or contribute their capital to the pool for future rewards. Nexus Mutual tries to disrupt the insurance industry by transitioning the power over the pooled resources to the individual people. Anyone is allowed to participate, as the mutual is owned by its members. Users can contribute Ethereum (ETH) to the pool for NXM.

Founders of NXM

NXM was founded by Hugh Karp. Before founding NXM, he worked as the CFO of Munich Re. He has also worked as an actuary in life insurance at MLC & Nab Health.

Features of NXM

Nexus Mutual is taking on the issue of smart contract vulnerability and provides users with a level of protection that can help avoid losses. It's first product was smart contract covers that provided protection for value storing contracts. In order for the project to start processing claims, it needed to reach a pool of 12,000 ETH, which was achieved two months after the launch.

The NXM token represents the membership rights in Nexus Mutual, along with the ability to participate within the ecosystem through claim and risk assessments and governance. The token leverages a bonding curve to determine the price, which is driven by how much capital the Mutual has and how much capital it needs to meet all of the claims with a certain probability.

Those holding NXM can vote on claim assessment and on whether certain claims should be paid out. A member who votes based on the consensus is rewarded with NXM, while a member who votes against it will have their tokens locked for a period of time.

Additionally, members can use their tokens to vote on smart contracts based on how secure they think they are. NXM staked on smart contracts is indicative of how safe they are viewed by most members. The more NXM staked on a contract, the cheaper it is to purchase cover for it.

Include on your website a calculator NXM and chart NXMUSD using the widgets below.

Calculator NXM

Źródło: Tokeneo

To place such a calculator on your website, paste the code below into the appropriate place.

Chart NXM-PLN

Źródło: Tokeneo

To place such a chart on your website, paste the code below into the appropriate place.

To run a calculator or chart on your site, please:

  • Copy the code of the selected widget and paste it into the right place on your website
  • You can also configure widgets as needed by modifying the parameters:
    • data-crypto="" - enter a list of cryptocurrencies that will be available in the cryptocurrency calculator. Enter the cryptocurrency shortname. You can add many cryptos, e.g. BTC, ETH, TEO. You will find a list of available cryptocurrencies here. To add all cryptocurrencies - leave the tag empty.
    • data-fiat="" - enter the list of FIAT currencies that will be available in the cryptocurrency calculator, you can choose multiple currencies by entering e.g. PLN, USD, EUR, GBP. To add all FIAT currencies - leave the field blank.
  • Parameters are configurable for the cryptocurrency calculator. In the case of the chart, it is not possible to add many parameters (crypto or fiat).
  • To use widgets, you must include a link to your source. The link is included in the above widget codes. The link should not contain the parameter rel = "nofollow".
Buy crypto now
with Swapcoin.today

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Lushup Holdings FZ LEE. Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the ommyo.news/news/pl website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Lushup Holdings FZ LEE, Fujairah - Creative Tower, P.O.Box 4422 Fujairah, United Arabs Emirates.

The full document to read the ommyo privacy policy is available in this document.

Advanced settings can be changed in your browser.