Blockchain pioneer NEM announced the launch of NEM HUB, the place to be for XEM holders. Community members can stake their token and contribute with articles, videos, biz dev leads, good social media posts and more. Contributions to the NEM ecosystem via NEM HUB will be evaluated by the community and admins and rewarded in XEM weeekly.
NEM is using DAO Maker software the same as Elrond, LTO, Harmony, Ferrum, or Orion Protocol. HUB is allowing community members to update posts where they are presenting what did they do for NEM ecosystem (article, video, good social media post, or something else) later all stakeholders can validate (upvote, downvote) if that entry brought value to the ecosystem. Each month based on several aspects such as work and validation done, a minimum of 10,000 USD in XEM tokens is being dropped to all participants. NEM community members need to hodl a minimum of 4,000 XEM to be eligible for rewards.