Nimiq is a non-commercial open source project. The Nimiq project is on a mission to provide a decentralized, censorship-resistant payment protocol. The crypto asset (virtual currency) Nim (NIM) is used as the original token of the payment protocol. Nimiq aims to build a browser-first payment protocol that can be used simply by accessing a web browser, without the hassle of installing an existing app. In this article, we will introduce the features of Nimiq (NIM).
What is Nimiq (NIM)?
Basic information about Nimiq
Co-Creator: Philipp von Styp-Rekowsky, Elion Chin
Currency Name : Nim
Ticker symbol: NIM
Issuance limit: 21 billion NIM
Related services : SuperSimpleSwap, cryptopayment.link, etc.
Nimiq is promoting a project to popularize cryptocurrency (cryptocurrency) payments. Nimiq aims to realize atomic swaps between cryptocurrencies (crypto assets) and fiat currencies without the involvement of current payment providers such as PayPal. Nimiq and its related apps aim to be the bridge between users’ cryptocurrency wallets and bank accounts.
Nimiq:NIM’s Future, Potential, and Price
If the atomic swap between virtual currency (crypto assets) and legal currency, which the project is aiming for, can be done, the price of its unique token, NIM, can be expected to rise. When fiat currency becomes involved, it becomes necessary to proceed with discussions with local regulatory bodies, so it may become a long-term project. We can expect a rise in the price of Nim (NIM) if it comes. Nimiq (NIM) is owned by KuCoin. See the link below for details.