Network & Coins
What is Layer 1 Coin?
Anyone can launch a coin on the WEM blockchain. This process is slightly different from smart contract tokens and does not require any programming knowledge. All you have to do is specify what features the coin should have. This will create a new layer 1 coin.
Main Features
- The first cryptocurrency without blockchain fluctuations
- Low & predictable transaction fees.
- Almost instant operations without any centralized system
Points of Interest
WEM Coin
What is it?
WEM Coin Functions Similarly to Money. WEM Coin has features and use cases designed to function in the same way as money.
WEM Coin is backed by other major crypto currencies by multiple liquidity providers.
WEM Coin is backed by other major crypto currencies by multiple liquidity providers.
The Currency of the Future
Medium of Exchange
Anything that represents a standard of value and is used to facilitate the sale, purchase, or exchange (trade) of goods or services. The WEM Coin is stable and may be used for all types of transactions worldwide.
Unit of Account
A defined unit of measurement used to price products and services (e.g., USD, EUR, CHF). WEM Coin is priced at one dollar. 1 WEMC is always equated to 1 USD.
Store of Value
An asset that preserves its value over time without depreciating significantly. WEM Coin is a Stable-Coin, which means it may be used as a store of value even when the market is volatile.
WEM COIN