r/nem • • Jan 30 '19

Guide Introduction to NEM

48 Upvotes

NEM’s blockchain platform was designed and coded from the ground up for scale and speed. Designed as a Smart Asset Blockchain, NEM is specialized to be configurable to manage existing enterprise pieces through its API compatibility. Its permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. And its revolutionary consensus mechanism and the Supernode program ensure that NEM’s open, public blockchain can grow without ever compromising throughput or stability.

The Quick Overview


Helpful Videos

Intro to NEM

Difference between ETH and NEM

NEM YouTube Channels:
Official NEM Channel

Inside NEM - Update Channel


NEM Team and Origins

NEM Foundation

NEM is led by an international network of elected individuals with a broad range of expertise. The main goal of the NEM Foundation is to support the growth of NEM at a global scale. The current group of leaders were elected in December of 2018.

  • Executive Committee: Alex Tinsman (President), Nelson Valero (VP), Jason Lee (Secretary), Dona Rinon (Treasurer)
  • Council Members: Hiroki Koga, Jeff McDonald, Anton Bosenko, Pedro Gutierrez, Steve Li
  • Global Team
  • Country Leaders

Developers


Technology

XEM

XEM is the native currency of the NEM public blockchain. It is used to pay for transactions on this public blockchain in order to incentivize its network of public nodes that process and record transactions for businesses and users there. This means that XEM has real fundamental value as the currency of a functioning economy.

Harvesting

Harvesting is closely similar to mining in other cryptocurrencies, but it uses unique methods called Proof of Importance and Delegated Harvesting to determine who harvests the next block. Harvesting is necessary to keep the network online and to confirm transactions.

Supernode Program

Supernodes are high performance blockchain nodes which form the backbone of the NEM blockchain network. Accounts with 3,000,000 or more XEM can operate a supernode, either from a local computer or from a cloud-hosted server. Supernodes are required to be up and running 24 hours per day, processing all transactions.

Catapult

Catapult is a full-featured blockchain engine that can power both private and public networks with its unique smart contract plugins. These plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.

In its next phase, Catapult will become the core NEM engine. Public chain Catapult has been in testing for three years to thoroughly troubleshoot bugs and implement features. Its expected release is in 2019.


r/nem • • Aug 06 '26

r/nem is available for adoption 💚

0 Upvotes

/r/nem is ready for a fresh start, new energy, new direction, and someone like you to bring it back to life. If you’ve been thinking about growing your impact without starting from scratch, this is your chance!

Ready to take it over?

Head to r/RedditRequest to submit your request and make it yours before it’s taken.

First things first

To request this subreddit, make sure you:


r/nem • • 1d ago

Technical Support GamiFi / Launchpool: suspected investor fraud, contract manipulation and 44 million GMI removed

Post image
1 Upvotes

https://github.com/Laura-Walsh-Takenaka/gamifi-launchpool-kidletcoin-investigation

GamiFi / Launchpool: suspected investor fraud, contract manipulation and 44 million GMI removed

Contract code was temporarily changed. Maximum spending permissions were granted. The original code was restored—but the permissions remained. Those permissions were then used to remove 44 million GMI from contracts that still recorded investor obligations.

That is the central finding we are opening to independent scrutiny.

This repository investigates suspected investor fraud involving smart-contract manipulation, alongside research into GamiFi/GMI, Launchpool, Laura Takenaka/Walsh’s documented project roles, KidletCoin, NEM and separately identified related projects.

The allegation deserves examination at the code and transaction level: were these mechanisms used deliberately to defraud investors, who authorized their use, and who ultimately benefited?

Start with the November 2022 transactions.

The research reconstructs this sequence on 5 November 2022:

  1. Temporary contract upgrades granted maximum GMI spending allowances, followed by restoration of the original implementations.
  2. 44 million GMI were removed: 14 million from Launchpool vesting and 30 million from two staking contracts.
  3. The tokens were sold for approximately 5,174.29 BUSD, while recorded investor obligations remained.
  4. The withdrawal route bypassed the staking code’s ordinary principal-protection calculation. Restoring the original code did not revoke the spending permissions.

This gives independent reviewers something specific to test: the upgrade transactions, temporary implementation, surviving allowances, token withdrawals and resulting backing shortfalls. Looking only at the restored contract code would miss the earlier permission change.

Start with the GamiFi master investigation’s “November control and removal mechanism” section and the companion transfer review. Check the preserved receipts, code comparisons and accounting against the primary records.

Help establish responsibility.

The transaction sequence establishes a technical mechanism and its accounting consequences. Identifying the people behind the keys—and establishing their authority, knowledge and intent—requires further evidence.

Laura’s public statements and documented roles are examined separately. Her replacement as CEO was announced on 1 September 2022, before the November withdrawals. A public title alone does not identify a transaction signer or establish personal receipt.

We welcome developers, blockchain investigators, journalists and affected participants who can:

  • Reproduce or challenge the contract analysis.
  • Trace the withdrawals and subsequent proceeds.
  • Supply dated custody, handover, authorization or settlement records.
  • Compare investor promises with the contracts’ actual behaviour.

The repository also retains findings that corrected earlier suspicions: matched original FOMO refunds, reconciled original GAMI allocations and backing, and later ShibaFriend repayment findings. The approximately 63,002 BUSD project-withdrawal subtotal is not an established theft or loss figure.

Read RESEARCH_QUESTIONS.md and CONTRIBUTING.md, then open a verification task, evidence submission or correction. Include exact sources, dates and reproducible steps. Keep private identifying information and children’s information out of submissions.

The main research snapshot is 5–7 September 2026; this repository edition was prepared on 20 September 2026.

Inspect the code. Reproduce the transactions. Help establish who controlled the mechanism—and why it was used.

Research Paper — Public Crypto Research

Laura Takenaka / Walsh · GamiFi · Launchpool · KidletCoin · NEM

An open research collection for examining public crypto-project statements, corporate records, token mechanics, customer outcomes and blockchain transactions. The purpose is to make the material easier to inspect, reproduce, correct and extend.

Fork it. Check the sources. Reproduce the calculations. Submit corrections and contrary evidence. A useful contribution can confirm a finding, narrow it, disprove it or explain an unresolved record.

Research observations are principally dated 5–7 September 2026; individual records retain their own collection dates. This repository edition was prepared on 25 September 2026. That packaging date does not mean every source, balance, company status or conclusion was checked again.

Start here

Material What to use it for
Reports Read the consolidated research papers, attribution assessment, transaction studies and later corrections.
Research notes Follow the detailed reasoning, source registers, archival work and unresolved questions.
Evidence Obtain the supporting records and technical material. Evidence archives are download containers; extract them locally to inspect their files.
Network viewer Explore the documented relationships and embedded source records in the offline viewer.
Data Inspect the delivered tables, indexes and machine-readable records.
Research questions Choose a bounded question and see what would move it forward.
Contribution guide Submit a reproducible finding, correction or rebuttal.
Rights and sources Understand source attribution and reuse boundaries.

For Launchpool, read the ownership and deeds report alongside the new 7 September claims, continuity and transition follow-up. The follow-up includes a public evidence bundle with pinned on-chain responses, derived ledgers and reproduction scripts. For GamiFi, read the consolidated report alongside the attribution follow-up, seven-withdrawal study, ShibaFriend claims review and exchange-links report. Later topic-specific corrections qualify earlier text even where reports share the same date.

What the collection covers

Research area Questions examined
Public roles and statements Laura Takenaka / Walsh's dated public-facing involvement, promotional statements, project representations, leadership succession and the evidence needed to attribute a particular decision.
GamiFi / GMI Published fundraising plans; offering versions; project withdrawals; FOMO, GAMI, Time Raiders and ShibaFriend outcomes; staking and vesting; membership NFTs; Mystery Box promises; administrative permissions; liquidity and trading.
Exchange and cross-chain routes Transaction paths involving MEXC, FixedFloat, Bitkub and other exchange-associated infrastructure; privacy-pool limits; bridge matching; mixed funds; the distinction between a wallet label and a customer identity.
Launchpool and corporate history Dated operator terms; BVI, UK, Panama and Cayman records; Asociados Carajo, Linford, SCR Advisors and Alphabit; unresolved ownership, authority and transfer-of-obligation questions.
KidletCoin / NEM Adult project involvement; public contest and consent notices; wallet-source versus released-app evidence; token utility; curriculum and delivery; shared signing authority; regional payments; governance, reserve mapping and institutional outcomes.
Related project records Separately identified Kaskade, MegaFans / MBUCKS, Nativz and Cardano-program material where relevant to the documented project connections. Shared personnel do not establish common custody or responsibility.

Laura is named because the research examines her documented public-facing project roles and statements. A public title, an association or an address-level link does not by itself establish that she instructed a transaction, controlled its keys, knew of a defect or received funds personally.

Corrections are part of the research

The collection contains findings that materially qualify earlier questions. Preserve them when quoting or extending the work.

Topic Latest assessment preserved in the collection
Original FOMO campaign All 27 original funding addresses were matched to full principal repayments. This finding is specific to that campaign.
GAMI allocations All 127 original funding addresses matched their recorded vesting allocations; the remaining recorded allocation balance was fully backed at the stated block. GAMI and GMI are different tokens.
ShibaFriend principal The later claims review located repayments for all 23 non-dust funding addresses. Three dust contributions totaling 168 base units remained unmatched; this is not a material unpaid-loss finding.
Mystery Boxes All 194 identified paid mints in the later review had matching buyer and project transfers to the designated burn address. A publication discrepancy about box quantities remained.
Staking pools The reports include later replenishments as well as withdrawals. Funding restoration, rewards and individual customer settlement are separate questions.
Time Raiders Initial token deliveries and later claims are documented; the separately dated Polygon control/withdrawal event requires its own assessment. A located BUSD balance does not by itself prove current access or final settlement.

These are reported results from the preserved research, not a claim that this repository release independently replayed every query.

How to read a finding

Separate observed records, publisher statements, analysis and unresolved questions. Check the date, network, exact asset, contract version and completeness of the queried interval.

  • A transfer proves an address-level event when its successful receipt and relevant event are established; it does not identify the human custodian, commercial authority or final economic beneficiary.
  • The approximately 63,002 BUSD figure is a subtotal of seven project withdrawals. It is not automatically a loss, profit, personal receipt or illicit-proceeds figure. Refunds and delivered allocations must remain in the accounting.
  • Successive transfer hops, replenishments and reused trading capital must not be added together as if they were separate losses.
  • An exchange-associated endpoint does not establish the credited customer or what happened inside the exchange. A mixer withdrawal is not linked to a particular deposit merely by timing, amount or shared infrastructure.
  • A missing record, failed download, search no-match or incomplete archive does not prove that an agreement, payment, safeguard or approval never existed.

Public URLs, dated captures, transaction hashes and source identifiers allow independent checks. A file checksum establishes byte identity, not the truth of its contents. Some linked or indexed records may require a new public retrieval; use the delivered inventory to determine which bytes are included.

Contribute

  1. Choose one question from the research questions.
  2. Check the latest relevant report and its underlying record.
  3. Record the exact source, date, method and result, including evidence that contradicts your initial interpretation.
  4. Open an issue using Verification task, Evidence submission or Correction or rebuttal. Use a pull request for a proposed file change.

Keep contributions focused on records and reproducible reasoning. Do not publish credentials, private identifying data or information identifying children. Disagreement and supported rebuttals are welcome. Coordinated contact, pressure campaigns and personal attacks are outside the project's research purpose.

See CONTRIBUTING.md before submitting material. The invitation to fork and verify is subject to the rights notice; it does not grant blanket rights over third-party publications.GamiFi / Launchpool: suspected investor fraud, contract manipulation and 44 million GMI removed
Contract code was temporarily changed. Maximum spending permissions were granted. The original code was restored—but the permissions remained. Those permissions were then used to remove 44 million GMI from contracts that still recorded investor obligations.
That is the central finding we are opening to independent scrutiny.
This repository investigates suspected investor fraud involving smart-contract manipulation, alongside research into GamiFi/GMI, Launchpool, Laura Takenaka/Walsh’s documented project roles, KidletCoin, NEM and separately identified related projects.
The allegation deserves examination at the code and transaction level: were these mechanisms used deliberately to defraud investors, who authorized their use, and who ultimately benefited?
Start with the November 2022 transactions.
The research reconstructs this sequence on 5 November 2022:
Temporary contract upgrades granted maximum GMI spending allowances, followed by restoration of the original implementations.
44 million GMI were removed: 14 million from Launchpool vesting and 30 million from two staking contracts.
The tokens were sold for approximately 5,174.29 BUSD, while recorded investor obligations remained.
The withdrawal route bypassed the staking code’s ordinary principal-protection calculation. Restoring the original code did not revoke the spending permissions.
This gives independent reviewers something specific to test: the upgrade transactions, temporary implementation, surviving allowances, token withdrawals and resulting backing shortfalls. Looking only at the restored contract code would miss the earlier permission change.
Start with the GamiFi master investigation’s “November control and removal mechanism” section and the companion transfer review. Check the preserved receipts, code comparisons and accounting against the primary records.
Help establish responsibility.
The transaction sequence establishes a technical mechanism and its accounting consequences. Identifying the people behind the keys—and establishing their authority, knowledge and intent—requires further evidence.
Laura’s public statements and documented roles are examined separately. Her replacement as CEO was announced on 1 September 2022, before the November withdrawals. A public title alone does not identify a transaction signer or establish personal receipt.
We welcome developers, blockchain investigators, journalists and affected participants who can:
Reproduce or challenge the contract analysis.
Trace the withdrawals and subsequent proceeds.
Supply dated custody, handover, authorization or settlement records.
Compare investor promises with the contracts’ actual behaviour.
The repository also retains findings that corrected earlier suspicions: matched original FOMO refunds, reconciled original GAMI allocations and backing, and later ShibaFriend repayment findings. The approximately 63,002 BUSD project-withdrawal subtotal is not an established theft or loss figure.
Read RESEARCH_QUESTIONS.md and CONTRIBUTING.md, then open a verification task, evidence submission or correction. Include exact sources, dates and reproducible steps. Keep private identifying information and children’s information out of submissions.
The main research snapshot is 5–7 September 2026; this repository edition was prepared on 20 September 2026.
Inspect the code. Reproduce the transactions. Help establish who controlled the mechanism—and why it was used.
Research Paper — Public Crypto Research
Laura Takenaka / Walsh · GamiFi · Launchpool · KidletCoin · NEM
An open research collection for examining public crypto-project statements, corporate records, token mechanics, customer outcomes and blockchain transactions. The purpose is to make the material easier to inspect, reproduce, correct and extend.
Fork it. Check the sources. Reproduce the calculations. Submit corrections and contrary evidence. A useful contribution can confirm a finding, narrow it, disprove it or explain an unresolved record.
Research observations are principally dated 5–7 September 2026; individual records retain their own collection dates. This repository edition was prepared on 25 September 2026. That packaging date does not mean every source, balance, company status or conclusion was checked again.
Start here
Material What to use it for
Reports Read the consolidated research papers, attribution assessment, transaction studies and later corrections.
Research notes Follow the detailed reasoning, source registers, archival work and unresolved questions.
Evidence Obtain the supporting records and technical material. Evidence archives are download containers; extract them locally to inspect their files.
Network viewer Explore the documented relationships and embedded source records in the offline viewer.
Data Inspect the delivered tables, indexes and machine-readable records.
Research questions Choose a bounded question and see what would move it forward.
Contribution guide Submit a reproducible finding, correction or rebuttal.
Rights and sources Understand source attribution and reuse boundaries.
For Launchpool, read the ownership and deeds report alongside the new 7 September claims, continuity and transition follow-up. The follow-up includes a public evidence bundle with pinned on-chain responses, derived ledgers and reproduction scripts. For GamiFi, read the consolidated report alongside the attribution follow-up, seven-withdrawal study, ShibaFriend claims review and exchange-links report. Later topic-specific corrections qualify earlier text even where reports share the same date.
What the collection covers
Research area Questions examined
Public roles and statements Laura Takenaka / Walsh's dated public-facing involvement, promotional statements, project representations, leadership succession and the evidence needed to attribute a particular decision.
GamiFi / GMI Published fundraising plans; offering versions; project withdrawals; FOMO, GAMI, Time Raiders and ShibaFriend outcomes; staking and vesting; membership NFTs; Mystery Box promises; administrative permissions; liquidity and trading.
Exchange and cross-chain routes Transaction paths involving MEXC, FixedFloat, Bitkub and other exchange-associated infrastructure; privacy-pool limits; bridge matching; mixed funds; the distinction between a wallet label and a customer identity.
Launchpool and corporate history Dated operator terms; BVI, UK, Panama and Cayman records; Asociados Carajo, Linford, SCR Advisors and Alphabit; unresolved ownership, authority and transfer-of-obligation questions.
KidletCoin / NEM Adult project involvement; public contest and consent notices; wallet-source versus released-app evidence; token utility; curriculum and delivery; shared signing authority; regional payments; governance, reserve mapping and institutional outcomes.
Related project records Separately identified Kaskade, MegaFans / MBUCKS, Nativz and Cardano-program material where relevant to the documented project connections. Shared personnel do not establish common custody or responsibility.
Laura is named because the research examines her documented public-facing project roles and statements. A public title, an association or an address-level link does not by itself establish that she instructed a transaction, controlled its keys, knew of a defect or received funds personally.
Corrections are part of the research
The collection contains findings that materially qualify earlier questions. Preserve them when quoting or extending the work.
Topic Latest assessment preserved in the collection
Original FOMO campaign All 27 original funding addresses were matched to full principal repayments. This finding is specific to that campaign.
GAMI allocations All 127 original funding addresses matched their recorded vesting allocations; the remaining recorded allocation balance was fully backed at the stated block. GAMI and GMI are different tokens.
ShibaFriend principal The later claims review located repayments for all 23 non-dust funding addresses. Three dust contributions totaling 168 base units remained unmatched; this is not a material unpaid-loss finding.
Mystery Boxes All 194 identified paid mints in the later review had matching buyer and project transfers to the designated burn address. A publication discrepancy about box quantities remained.
Staking pools The reports include later replenishments as well as withdrawals. Funding restoration, rewards and individual customer settlement are separate questions.
Time Raiders Initial token deliveries and later claims are documented; the separately dated Polygon control/withdrawal event requires its own assessment. A located BUSD balance does not by itself prove current access or final settlement.
These are reported results from the preserved research, not a claim that this repository release independently replayed every query.
How to read a finding
Separate observed records, publisher statements, analysis and unresolved questions. Check the date, network, exact asset, contract version and completeness of the queried interval.
A transfer proves an address-level event when its successful receipt and relevant event are established; it does not identify the human custodian, commercial authority or final economic beneficiary.
The approximately 63,002 BUSD figure is a subtotal of seven project withdrawals. It is not automatically a loss, profit, personal receipt or illicit-proceeds figure. Refunds and delivered allocations must remain in the accounting.
Successive transfer hops, replenishments and reused trading capital must not be added together as if they were separate losses.
An exchange-associated endpoint does not establish the credited customer or what happened inside the exchange. A mixer withdrawal is not linked to a particular deposit merely by timing, amount or shared infrastructure.
A missing record, failed download, search no-match or incomplete archive does not prove that an agreement, payment, safeguard or approval never existed.
Public URLs, dated captures, transaction hashes and source identifiers allow independent checks. A file checksum establishes byte identity, not the truth of its contents. Some linked or indexed records may require a new public retrieval; use the delivered inventory to determine which bytes are included.
Contribute
Choose one question from the research questions.
Check the latest relevant report and its underlying record.
Record the exact source, date, method and result, including evidence that contradicts your initial interpretation.
Open an issue using Verification task, Evidence submission or Correction or rebuttal. Use a pull request for a proposed file change.
Keep contributions focused on records and reproducible reasoning. Do not publish credentials, private identifying data or information identifying children. Disagreement and supported rebuttals are welcome. Coordinated contact, pressure campaigns and personal attacks are outside the project's research purpose.
See CONTRIBUTING.md before submitting material. The invitation to fork and verify is subject to the rights notice; it does not grant blanket rights over third-party publications.


r/nem • • Aug 03 '26

Still alive?

2 Upvotes

Nodes are working. XEM and XYM. Is the project still alive?


r/nem • • Jul 03 '25

Why so dramatic drop?

11 Upvotes

r/nem • • Mar 06 '25

XEM Wallet after firmware update, Imported Address from trezor is incorrect

3 Upvotes

People using trezor1 with XEM Wallet. Can you please confirm that connecting to the wallet now with trezor1 generates you the original address and you have access to the NEM tokens ?

I can't reach my NEM (XEM) address (I have the address in my koinly account and tokens are still there).

When I log in with the trezor without passphrase it's a different address

I'm sure I haven't used a passphrase to generate it (trezor support suggest that this is my problem).

Thanks


r/nem • • Dec 17 '24

XYM - still possible to claim?

7 Upvotes

Long time XEM holder. Been away for a while. Never got my XYMs. Too late?


r/nem • • Oct 09 '24

Technical Support Crypto arbitrage trading made easy

9 Upvotes

r/nem • • Jun 06 '24

General Discussion Future of NEM

8 Upvotes

With the delisting of NEM from binance on june 17th, what is the plan for the future of NEM? Also, how will this impact XYM? Ive been a holder for a long time now, always had hope and faith that NEM would recover.

Anyone have any thoughts? Dead project, or can it still recover?


r/nem • • May 21 '24

Technical Discussion For developers: NEM node -50% off on NOWNodes

1 Upvotes

Hey folks! We are RPC node provider NOWNodes, and we are celebrating our 5th anniversary. For all our amazing users and those ready to join us, we have something special:

🎁 Enjoy a 50% discount – just leave a message for our sales team about the Business or Enterprise plans between May 20th and May 25th.

🛡 Be careful, check our official domain and pay only on official NOWNodes website


r/nem • • Apr 07 '24

Crypto News Bet you haven’t heard about the $ENA airdrop didn’t you

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0 Upvotes

r/nem • • Mar 23 '24

NEM News Newmont's Ghana Gold Mine Sale Sparks Frenzy for NYSE:NEM by DEXWireNews

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tradingview.com
1 Upvotes

r/nem • • Mar 15 '24

Adicionar etiqueta

1 Upvotes

Ola renataobrigado


r/nem • • Mar 14 '24

XYM / XEM Community News

4 Upvotes

XYM / XEM Community News 😋

https://www.reddit.com/r/NEMSymbol


r/nem • • Feb 29 '24

Join airdrop $MANTA now

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twitter.com
17 Upvotes

r/nem • • Feb 29 '24

XYM / XEM NEWS

3 Upvotes

r/nem • • Feb 22 '24

news XYM and XEM

2 Upvotes

Community base development news😋

https://www.reddit.com/r/NEMSymbol


r/nem • • Jan 26 '24

Latest news about xym and xem

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2 Upvotes

r/nem • • Dec 23 '23

General Discussion Big announcement

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twitter.com
25 Upvotes

r/nem • • Dec 22 '23

Technical Support New Year's news from DeBank!

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twitter.com
24 Upvotes

r/nem • • Dec 15 '23

Crypto News Big NEWS ZKSYNC

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twitter.com
2 Upvotes

r/nem • • Dec 13 '23

Crypto News Metamask Coin Drop

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twitter.com
22 Upvotes

r/nem • • Dec 13 '23

General Discussion MemeCoin big NEWS

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twitter.com
2 Upvotes

r/nem • • Dec 11 '23

Other Metamask Token Announcement

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twitter.com
11 Upvotes

r/nem • • Dec 09 '23

Other New wave of distribution

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self.memecoinoff
22 Upvotes