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Nym Token

Nym Token

NYM
#526
$0.02323Up 1.88 percent($0.00)

Key Stats

Market Cap$19.54MUp 1.88 percent
Volume (24h)$2.09M
Fully Diluted Value$23.23M
Vol/Mkt Cap (24h)10.68%
Total Supply1.00B NYM
Max Supply1.00B NYM
Circulating Supply841.15M NYM
Launch Date2022-02-09

Nym Token Information

Websites
nymtech.netWhitepaper
Block Explorers
explorer.nymtech.net
Industries
Identity

Nym Token Price Converter

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Latest Nym Token News

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Research Reports

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Encryption Supremacy: Zcash and Privacy in the Age of Scale

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Nym Token Markets

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InstrumentExchangeBenchmark DataPrice24h Change
Nym TokenUSDT logo
NYM-USDT
NYMUSDT
bybit logobybit
A
0.02433USDT
4.56%
Nym TokenUSDT logo
NYM-USDT
NYMUSDT_SPBL
bitget logobitget
BB
0.02400USDT
3.00%
Nym TokenUSDT logo
NYM-USDT
NYM-USDT
kucoin logokucoin
BB
0.02417USDT
4.27%
Nym TokenUSDT logo
NYM-USDT
NYM_USDT
gateio logogateio
A
0.02425USDT
5.85%
Nym TokenUSD logo
NYM-USD
NYMUSD
bitfinex logobitfinex
BB
0.02415USD
4.12%

About Nym Token

The Nym Token (NYM) is the native utility token for the Nym platform, a privacy-centric platform that aims to offer users enhanced digital anonymity online. NYM tokens are used for incentivization and staking within the platform. Node operators and other participants are rewarded with NYM tokens for maintaining the network, and a staking mechanism is employed to ensure their commitment. The token was created by a team led by Harry Halpin, the CEO and Chairman of the Scientific board, and Claudia Diaz, the chief scientist at Nym.

Frequently Asked Questions

Nym Token (NYM): The NYM token is the native utility token for the Nym platform. It is an essential component of the ecosystem and is used for various purposes including incentivization and staking. The token operates on a blockchain, which allows for decentralized and transparent tracking of transactions.

Nym Project: Nym is a privacy-centric platform aiming to offer users enhanced digital anonymity online. The platform's primary focus is on obfuscating user data and making it difficult for third parties to track or decipher. By doing so, Nym aims to bring a higher degree of security and privacy to online interactions, while still ensuring scalability and interoperability with other systems.

NYM tokens serve a dual role within the platform:

  • Incentivization: Node operators and other participants in the ecosystem are rewarded with NYM tokens for maintaining and ensuring the smooth operation of the network.
  • Staking: To ensure the legitimacy and commitment of node operators, a staking mechanism is employed, where a certain number of NYM tokens need to be locked up as a form of collateral.

The Nym Token (NYM) was created by a team led by Harry Halpin, who is the CEO and Chairman of the Scientific board. Another key member of the team is Claudia Diaz, the chief scientist at Nym.