What is NAM (NAM)

Start learning about what is NAM through guides, tokenomics, trading information, and more.
Namada is the Composable Privacy Layer of the Multichain. It is a proof-of-stake layer-1 blockchain that protects users’ personal data by providing a shielded asset hub and enabling shielded cross-chain transactions. Namada is capable of supporting any asset and can be used to retrofit data protection to existing chains, dapps, tokens, and NFTs. Primarily built in Rust, Namada uses CometBFT consensus and the IBC (Inter-Blockchain Communication) protocol for multichain interoperability, but can be upgraded to support additional ecosystems beyond IBC. By leveraging advanced cryptographic standards like zk-SNARKs and its potential for interoperability, Namada positions itself as a useful cryptographic primitive for users to protect their on-chain data while interoperating with a wide variety of other blockchains and protocols.
Tokenomics describes the economic model of NAM (NAM), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behaviour.
NAM TokenomicsPro Tip: Understanding NAM's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for NAM aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of NAM? Check it out now!
NAM Price PredictionThe information on this page regarding NAM (NAM) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
Amount
1 NAM = -- USD
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