Nimiq
NIM
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Nimiq (NIM) achieves an overall weighted score of 6.5/10. The project demonstrates solid fundamentals in active development (8.4/10) following its transition from Proof-of-Work to the Rust-based 'Albatross' Proof-of-Stake consensus in November 2024, characterized by regular updates, CI testing, and proactive bug bounty programs via HackerOne. Governance and team integrity (7.2/10) remain strong with Swiss foundation oversight, transparent finances, and zero history of protocol exploits, bad debt, or regulatory actions ($0 in lifetime exploit losses). Tokenomics (7.0/10) are governed by a defined 21B maximum supply cap and the Blue Curve monetary policy with accessible staking parameters. However, the evaluation is tempered by a low market capitalization ($4.59M-$4.71M), low daily liquidity, modest retail adoption (Community: 5.8/10; Market: 5.0/10), and an unrecovered ~97.7% drawdown from its all-time high that capped the Security section score (4.8/10) under the price crash evaluation rule. No qualifying red-flag events requiring an overall score cap were identified.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Nimiq (NIM)
Nimiq (NIM) is a browser-native Layer 1 blockchain protocol designed for decentralized peer-to-peer payments. Originally launched with a JavaScript-based Proof-of-Work (PoW) consensus mechanism following an initial ERC-20 token generation in 2017–2018, the network transitioned to its proprietary Rust-based Proof-of-Stake (PoS) consensus engine, dubbed Albatross, on November 19, 2024. Nimiq uses an isomorphic client architecture, enabling standard web browsers to run as network nodes without requiring extensions or third-party infrastructure.
NIM functions as the native gas and settlement currency of the network. It supports payment integrations such as Nimiq Pay, non-custodial fiat-to-crypto exchanges via Nimiq OASIS, and atomic swaps with Bitcoin's Lightning Network. The asset is governed by a capped maximum supply of 21 billion coins under the "Blue Curve" monetary policy approved via governance voting in 2020. The supply model allocates 88% of total supply to network validation rewards, with the remainder distributed among token sale participants, the Swiss-registered Nimiq Foundation, the ImpactX Foundation, and early contributors.
Regarding security and market history, Nimiq has experienced zero protocol exploit losses and manages vulnerability reporting through a public HackerOne bug bounty program. However, NIM has suffered a price drawdown of approximately 97.7% from its all-time high of $0.01502, alongside limited daily trading liquidity and modest retail volume. The asset has also experienced selective exchange delistings, including removal by Kriptomat in November 2022 and a trading cessation by CoinEx in August 2026.