What problem does this service solve?

SOAR does not appear to have any unique advantages compared to other cryptocurrencies.

TrumpCoin wants to organize Trump supporters and enable them to contribute to his political goals through a digital currency.

NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry.

Token Stats

Company Description

Soarcoin is an Ethereum-based token that was created by a company in Singapore called Soar Labs. Soarcoin's total supply has already been released. Since it can not be mined, the price of the SOAR token will be completely dependent on supply and demand. The company's marketing materials place an emphasis on low transaction fees, privacy, and fraud protection, but it does not appear to offer any noticeable benefits to other cryptocurrencies. Soar Labs also has plans to create a cryptocurrency exchange called Soar Ex, that will focus on the Southeast Asian market.

TrumpCoin is a cryptocurrency that was created to support Donald Trump. Their marketing materials do not provide specific details about what they hope to achieve, or why they need a blockchain-based digital currency. TrumpCoin has a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism.

NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language.
NEM's goal is to achieve widespread distribution through improved scale and speed. It pioneered several blockchain features such as its proof-of-importance (POI) consensus algorithm, encrypted messaging, a unique reputation system, and multi-signature accounts.
NEM is also developing a commercial blocckahin called Mijin, that is currently being tested by several companies and financial institutions.
In early 2018, approximately $400 million worth of XEM were stolen from a Japanese exchange called Coincheck, that was the victim of huge hack. The exchange failed to implement proper security for this coin protocol, and the hackers only stole XEM coins as a result. Instead of creating a fork to deal with this issue, NEM set up an automated tagging system that flagged these funds. NEM then stopped tracking these stolen coins

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Soarcoin vs TrumpCoin vs NEM

Soarcoin

TrumpCoin

NEM