Nimiq Rank 527
$0.000413
Nimiq Rank 527
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5,534,171,152 NIM

Nimiq
Nimiq
NIM

Nimiq Price
$0.00

Nimiq 24h Vol
$256,274

Nimiq Market Cap
$2,285,438

24h Vol
58 BTC
1 H
-4.81 %
24 H
-42.03 %
7 d
-54.11 %
Today Nimiq price in US dollars is currently 0.0004 USD, and if converted to Bitcoin is 0.00000009 BTC. A total of 513 coin's are currently circulating in the Market. Nimiq prices are currently experiencing a change of -42.03 %, check all cryptocurrency. Over the past 24 hours 0.003 M US dollars Nimiq has been traded on Crypto Exchanges. Get Nimiq's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Nimiq
Symbol
NIM
Algorithm
BTC Price
0.00000009 BTC
BTC Market
513 BTC
BTC 24h Vol
58 BTC
Total Coins Mined
5,534,171,152 NIM
1h
-4.81 %
24h
-42.03 %
7d
-54.11 %
Twitter
Website
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Description

Description


Nimiq is a browser-based blockchain & ecosystem Written in Javascript ES6 designed to make cryptocurrency easier for the end-user. Using WebRTC and WebSocket connections, Nimiq's ecosystem native to the web, allowing users to sync in seconds and to mine directly from the browser.

The NIM token was rebranded from the NET and it's the native token that powers the Nimiq Blockchain.

Regarding the block reward reduction, it starts with 4965 NIM and is reduced in a curved fashion proportional to the block height and remaining Nimiq supply. The reward remains constant once a certain block height is reached.

ICO Details

ICO Details


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Nimiq is a browser-based blockchain & ecosystem written in javascript ES6 designed to make cryptocurrency easier for the end-user. The Nimiq project is not live yet and the team has issued IOU tokens that can be traded. These tokens are called Nimiq Exchange Tokens (NET) and they are ERC20 tokens based on the Ethereum blockchain. NET tokens will later be exchangeable for real Nimiq tokens.

The Nimiq ICO started on the 6th of June, 13:00 UTC and ran for 10 days. With almost 4'400 valid contributions the Contribution and Creation Cap where fully met and reached in just 10 days. During this time, Nimiq gathered 4,992 BTC in exchange for 10,500,000 NET tokens. ICO specifications:

  • NET are standard tradable ERC20 tokens.
  • Exchange rate: 1 NIM = 10 NET.
  • Tokens created in sale: up to 10'500'000 NET.
  • The sale is capped at 60’000 ETH.
  • Bonus: 
    - First two weeks: 1 ETH = 175 NET 
    - Last two weeks: 1 ETH = 125 NET

These tokens will be exchanged for Nimiq tokens at a 10:1 exchange rate, which means the ICO supply is 5% of the total Nimiq supply (21M). 88% will be distributed in mining rewards. The remaining Nimiq tokens will be distributed as so:

  • 5% Token Sale Contributors (no vesting, ~25% circulating supply yr 1)
  • 2.5% Long-term Endowment Foundation¹ (10 year vesting)
  • 2% Good Cause Partnerships and Sponsorships² (10 year vesting)
  • 1.5% Early Contributors (6 month vesting)
  • 1% Creators (3 year vesting)

 

ICO Status Finished
Token Supply 210000000
Start Date 2017-06-28
End Date 2017-07-08
Fund Raised (BTC) 60,000 ETH
Fund Raised (USD) 14400000
Start Price (USD) 0.00571428571
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Sweden
Legal Advisers N/A
Blog https://medium.com/nimiq-network
White Paper https://medium.com/nimiq-network/nimiq-a-peer-to-peer-payment-protocol-native-to-the-web-ffd324bb084

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