Description
This coin is designed to store Namecoin, which is the
first ‘fork’ of Bitcoin created in April 2011. This ‘clone’
was modified slightly to have some unique uses,
including a potential for the Namecoin infrastructure
to be used in the running of a censorship-resistant
‘.bit’ domain. In 2013, the BTC value of the 10 NMC
face value varied between 0.1 BTC and 0.016 BTC.