EtherGem (EGEM)

EGEM is the stable, pure, no pre-mine coin with applied technologies peernet and per block endowment. EtherGem is first and foremost, a pure community coin with no pre-mine. True to its roots as a cryptocurrency, the Proof of Work mining community will always be a part of EGEM's future and is the foundation of the EGEM launch. There is no ICO on EGEM and EGEM is its own primary blockchain, not just a token or concept on another chain. The EtherGem blockchain is an Ethereum network, meaning it starts with the tested and proven Ethereum (as in ETH) core technologies and builds from there. Technically, EGEM is an Ethereum chain as described in the yellow paper, with EIP150, EIP155, EIP158 applied from block 0. Block Rewards have 7 eras of reduction, including a dev reward enabled after block 5000. Developers and Community Managers are bound by a continuity agreement to maintain the network, community, and coin. There is no cap to EGEM at the moment. A monetary cap will be put in place when the community determines that the logical progression would be to cap the coin. An "applied technologies peernet" is where the EtherGem blockchain grows on a mineable token sidechain. Dual mining ethergem and a token is something new. The EGEM sidechain is designed to be very much an integral part of ongoing mainchain development, where peers can implement new technology while continuing to rely on a solid foundation. The sidechain and token will be available shortly after the mainnet release.
Rank 1053
Price $0.0275
Market Capitalization $355 820
24 Hours Volume $4 278
Available Supply 12 926 565 EGEM
Total Supply N/A
Change (1 Hour) -4.49%
Change (24 Hours) -7.72%
Change (7 Days) -36.62%
Cryptocurrency News
November 15th, 2018

New York Digital Investment Group has recently become the 14th company to be granted with BitLicense by the NYDFS.

November 15th, 2018

The major crypto continues falling on Thursday, trading at around $5,768, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

November 15th, 2018

Here’s a look into some of the possibilities post the BCH hard fork and what can happen if Bitcoin SV manages to occupy the majority hash power. Put your seat-belts ON.

November 15th, 2018

According to Mike McDonald, MKR.tools creator, almost 1 percent of the total Ethereum supply (about 1 million Ethereum) is currently locked in MakerDAO smart contracts.

November 15th, 2018

After working for some months on two blockchains simultaneously, Kik has taken a decision to stop building on Ethereum and to work with Stellar only.

November 15th, 2018

Craig Wright, the man claims to be the real Satoshi Nakamoto and pseudonymous creator of Bitcoin, has threatened to crash the price of ‘his’ headline cryptocurrency if miners support the Bitcoin Cash ABC project in the upcoming fork.

November 15th, 2018

The strong bearish candle that broke down the demand levels of $0.25 and $0.23 and closed below the dynamic support and resistance is an indication that downtrend movements in Stellar price may continue.

November 15th, 2018

The bloodbath in the cryptocurrency market saw almost all of the top ten cryptocurrencies losing 10-12% of its price in a single day. Overall market cap dropped by $28 billion.

November 15th, 2018

IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector.

November 14th, 2018

Cryptocurrency scams stand up on a new level as nowadays the biggest industry players are caught into a trap of the frequent Bitcoin frauds.