The US dollar is unreliable, and the Bitcion falls apart. Therefore NEM needs strong support. Such support can come only from the real money, namely precious metals.
For this purpose, I suggest to mint a silver coin. In 2015, such idea already was discussed. But then the question was about producing souvenir coins for distribution to the stakeholders. Now, the coin is proposed to be the physical backing of NEM.
At the same time, this coin would function as cash and also for preservation and accumulation of XEM outside of the Internet. But the main goal - increase of reliability and stability of the cryptocurrency, NEM. The presence of such coin would become powerful means in the planning of aggressive advertising campaign.
According to experts, silver is very undervalued metal. Therefore the coin would have investment functions.
The minted coin could be of ½ oz in weight, 36.6 mm in diameter and 2.3 mm in width.
The front face:
The NEM’s logo in the center. Along the edge, New Economy Movement inscription.
The back face:
In the center, large inscription ХEM. Silver content, Ag 999, on the left side of the coin, its weight, 1/2 oz to the right. Inscription Nem Treasury on the top of the circle and the year of production аt the bottom.
Realization of this project will not demand large investments. Establishment of NEM Treasury will be needed. It will order minting of the coin and set its price. It will be necessary to show out this price and the mark-up on a sale or buying up in the wallets. Using this instruments, the Treasury will be able to manage the distribution of the coin.
At the first stage, the volume of coinage can be minimal. So that this will be rather a marketing move than a real backing by silver. But in the future, business will become self-sufficient due to a sales markup, which will remain for salesman. As a result, the silver backing of NEM will steadily grow, and the coins will be on sale in any booth with Internet in any point of the world where demand will exist.
In some places on Earth, a backup money circulation system is required, and NEM-coin can play such a role. Certainly, it will be accompanied by sharp increase of number of mobile wallets and increase in the local Internet trade using ХЕМ.
At present time, such coin would cost about 50 ХЕМ with dynamically changing price depending on the market conditions and policies of NEM Treasury. But the main, NEM will enter the economic reality cutting out the middlemen.
The silver backing is such a trump with which none of fiat currencies could boast, and unlike state Treasuries, NEM Treasury will possess the distributed depositories, which do not need service and guard, and under any circumstances they cannot be neither destroyed, nor robbed, nor arrested.