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Nym network ("Nym") is a decentralized and incentivized infrastructure to provision privacy to a broad range of message-based applications and services. The core component of Nym is a mixnet that protects network traffic metadata for applications, providing communication privacy superior to both VPNs and Tor against global adversaries that can watch the entire internet.
NYM is the native token of the Nym mixnet. It is a utility token, used to access the mixnet for privacy protections, and serving as ‘reputation’ and rewards for the nodes that run the infrastructure. Users will use NYM tokens to access the mixnet, sending their data through the mixnet for increased privacy.
Try our free Nym Token (NYM) portfolio tracker if you want to efficiently keep track of your NYM and other coin/token investments.