What is NEO COIN?
NEO, a virtual currency issued in ICO in 2015
NEO has been recognized by the Chinese economic circle for its independent status, and it has also entered the top ten in the overall market value of global virtual currencies
NEO is a platform-based virtual currency originated in China equipped with smart contracts. It is also called "Chinese Ethereum (Chinese version of Ethereum)"
NEO's former name was AntShares, and it changed to its current name NEO in June 2017.
China's own economic circle
China has almost arguably the most promising and large-scale market in the world. But at the same time, China also has a strong xenophobia and will give priority to Chinese domestic companies.
As a result, enterprises and service platforms with Chinese characteristics are more likely to develop and grow in the context of China.
LINE → Wechat
Twitter → weibo
Google → 百度
YouTube → Youku
Amazon → Alibaba (Taobao)
These are the programs that everyone usually uses to convert to programs used by the Chinese side
Rich development language
One of the biggest features of NEO is that there are a wide variety of languages that can be selected during development.
Taking Ethereum as an example, development must use Ethereum's unique development language called "Soliditiy". This requires developers to learn and get used to this language, which virtually increases the difficulty of participating in the development of the Ethereum platform.
Unlike Ethereum, NEO can use mainstream programming languages `` C, C♯, C ++, JavaScript, Python '', etc., and software developers do not need to learn a new language to participate in development.
For example, "Chinese, English, Japanese, German, etc." can all be used!
Under such a premise, more developers are more likely to participate in the development process. Therefore, we can expect more developers to develop more NEO-based software platforms.
investment risk
NEO's risk, considered "Chinese government"
The reason is that NEO is a Chinese-born virtual currency representing China. It will inevitably become the target of China's regulation of virtual currency. When China began to fully regulate ICOs in September 2017, NEO was affected by this and prices fell.
※ One of the main potential uses of NEO is as a platform carrier for ICO
If you invest in NEO, you need to always pay attention to `` the Chinese government's attitude and policies on virtual currencies ''.
NEO start
NEO project launched in June 2014-GitHub open source in June 2015-Tested and launched in October 2015-Main online in October 2016-AntShares brand rebranded as NEO in June 2017-October 2017 Announcement of nep-5 token standard in January-the first San Francisco Development Conference in January 2018
NEO structure restructuring NGD was established in May 2018-NEO3 started in June 2018-The second Seattle development conference in February 2019-The first Shanghai NEO community conference in September 2019-NEO in September 2019 3Preview1 released-the third anniversary of the NEO mainnet in October 2019
NEO breaking news
NEO founder Da Hongfei recently attended the Consensus 2019 consensus conference in New York. In the keynote speech on the 14th, he introduced the next development of NEO and announced that he will invest 100 million US dollars to establish the "EcoBoost Program"
This plan aims to support the development of the NEO ecosystem.
According to Da Hongfei, the EcoBoost plan will focus on seed project activation, dApp growth support, infrastructure development, and institutional collaboration. In addition, the fund will be available for projects at different stages of the life cycle
From seed to development and growth to the final stage of maturity.
According to NEO's official announcement, the EcoBoost plan will provide comprehensive support including technical training and support, project cooperation, community support, circulation pipeline suggestions, event organization and joint marketing activities.
Da Hongfei also outlined his views on the next generation Internet and NEO 3.0 in his speech. He believes that a paradigm shift is currently taking place in the industry, "we can see a wave of" great migration "
And a new wave of technological innovation. "
Da Hongfei also revealed that NEO currently has NEO and GAS worth about US $ 440 million, as well as US $ 12 million in fiat currency and other crypto assets.
In 2019, NEO performed very well?
GAS is a crypto coin that facilitates NEO transactions and is NEO's local token. It lays the foundation for NEO to become one of the best performing digital currencies in 2019.
Since the beginning of this year, NEO has risen from around US $ 7.50, with a market value of approximately US $ 490 million, and the current transaction price is approximately US $ 13, with a market value of US $ 940 million.
When you hold NEO in a specific wallet, you will get GAS in return. This is because NEO deployed a Stof of
Stake blockchain, which means it is a crypto coin that allows you to make money without doing anything. With this feature, holding NEO can almost guarantee a return of 4-6% per year, and you can use their calculator to calculate your potential return.
Neon is the recommended wallet for holding cryptocurrencies because it allows you to automatically receive GAS rewards. Other wallets can do this, but you need to hold your private key separately
KuCoin and Binance also have the ability to give GAS rewards on a regular basis, but, for security reasons, it may be a bad idea to earn and hold these rewards through the clearing house.
GAS can claim any time you need, unless you use one of the exchanges, because they send rewards every month.
The ability to acquire GAS while holding NEO is one of the main factors for it to become one of the best performing coins in 2019
NEO but the best performance is in January 2018 1 NEO reached $ 198 to August 2018 continued to fall to the present 1 NEO is equal to 6-7 dollars
The best performance of GAS is also in January 2018. 1 GAS reached $ 91
NEO total market value: US $ 549,023,296
Total value of NEO: 100,000,000
NEO current traffic: 70,530,000
NEO price today:7.39 USD
NEO Highest value:198.39 USD
Virtual currency ranking:23
GAS total market value: US $ 15,841,755
GAS total value: 100,000,000
GAS current traffic: 13,935,116
GAS price today: 1.14 USD
GAS Highest value:91 USD
Virtual currency ranking:190
So is NEO worth investing?
I personally think it is not a good time to enter
And understand the market mobility of the Chinese government
Investment is better
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