e-Money

The e-Money (NGM) project has effectively ceased operations, rendering the token a 'zombie' asset with no remaining utility or investment thesis. The project officially wound down its core product—currency-backed stablecoins like EEUR—in early 2023 due to unfavorable market conditions. Consequently, the buyback-and-burn mechanism that underpinned the NGM tokenomics has collapsed, and active development has stopped completely, with repositories archived. Community support is virtually non-existent, and trading volume is negligible. While the project receives a high score for Security and Audit History due to a lack of exploits and the team's integrity in managing an orderly, solvent wind-down (rather than a rug pull), this does not provide a basis for future value. Investors must also be wary of confusion with the unrelated 'E Money Network' (EMYC). Given the total abandonment of the roadmap and use case, NGM represents a defunct asset.