Nym is the privacy of the future. The system consists of a mixnet that provides network-level privacy, credentials that provide application-level anonymity, and the NYM token to compensate individuals who administer the system, making it long-term viable and scalable. These will come together to establish a decentralized privacy network powered by the NYM token.
Besides, the Nym mixnet adds meta-data safeguards to existing blockchain and cryptocurrency projects that are at layer 1 (such as Bitcoin and Ethereum) and layer 2 (including most DeFi projects).
The value of the NYM token will eventually be determined by the worldwide demand for anonymity, which will only increase as the internet extends into new sectors. By compensating nodes that run the system with the NYM token, the network makes global privacy economically sustainable and scalable.
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