NYM

Purpose and Technology

NYM is a privacy infrastructure that aims to protect network-level metadata and create a decentralized privacy layer for the internet. The NYM token is used to incentivize mixnet operators who run nodes that mix and relay network traffic, making it difficult to trace communications.

Business Model

The project's business model revolves around providing privacy-enhancing technology services, with the NYM token serving as both a means of payment for privacy services and an incentive mechanism for network operators. Node operators stake NYM tokens to participate in the network and earn rewards for their services.

Real-World Adoption

The NYM network has seen growing adoption with hundreds of active nodes operating in its mixnet. The project has established partnerships with various blockchain projects and privacy-focused applications looking to integrate NYM's privacy infrastructure.

Development Activity

The project maintains active development with regular updates to its core infrastructure. The team consistently releases improvements to the mixnet technology and node operation software.

Token Distribution

The token distribution includes allocations for the development team, early investors, and the community, with vesting periods in place for team and investor tokens. A significant portion is reserved for network incentives and future development.