How does it work? NIM is the currency of an ecosystem of applications built by the community and the Dev team alike. The free-to-use browser wallet by Team Nimiq is an example of the simplicity made possible by the browser-first blockchain. Creating a Nimiq account on the website requires no download and no personal data. Keys are stored in the user's browser and are never sent to a server. The same level of easy accessibility is projected for buying and selling NIM as well.
What does it aim to solve? Barrier-free value exchange for everyone. Nimiq’s protocol and application code is open source. It is a community-driven nonprofit project developed by a multinational and tech-focused team. Two percent of the total NIM supply has been irrevocably assigned to Nimiq’s charitable foundation, vesting over 10 years. As the value of NIM grows, this foundation will be enabled to support good cause initiatives with high social or ecological impact.