What is NEM? NEM is a blockchain platform launched in March 2015. It was one of the pioneers of the cryptocurrency industry and tried to improve the imperfections found in other chains of the time. It was one of the first full-fledged non-tourist chains to feature user-defined tokens (called mosaics), namespaces, multi-signature accounts, and a P2P reputation system based on EigenTrust++. His most notable contribution to the space is the proof-of-importance consensus mechanism, which sought to reward on-chain activity and discourage the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java. NEM has a global community. It sees maximum utility as an alternative way to pay for businesses and vendors, and has a variety of social media apps made in Japan, such as nemgraph, a community-owned and operated Instagram alternative. In December 2021, NEM was forked by a pseudonymous team of crypto experts and enthusiasts. Entitled Harlock, this hard fork signaled the community's intent to bring NEM from its own shadow into the world's leading payment platform for on-chain and off-chain media content.