NEM.io Foundation is a global non-profit organization dedicated to the development and promotion of NEM blockchain technology. While it does not operate as a traditional investment firm, NEM supports projects building on its blockchain platform through grants or other forms of assistance. The foundation's primary focus is on fostering a vibrant ecosystem of NEM users and developers across various sectors, including governments, academia, industry, and the public sphere.
Notable portfolio companies include CoinAlpha, which has raised $8 million, and Locally, which has raised $1 million. The foundation is led by a diverse team of over 70 active members globally. NEM's unique value proposition includes its Proof-of-Importance (POI) algorithm, which incentivizes active participation in the network. The foundation aims to create a user-centric ecosystem by providing technical support, community engagement, and educational resources to its partners and developers.
Portfolio Snapshot
Observed round participation, including acquisitions and grants. Current holdings, investor exits, and write-offs are not established.
