NEO
NEO is a next generation smart economy platform (formerly Antshares) and China's first open source blockchain that was founded in 2014, is often known as the “Ethereum of China”.
What is NEO?
NEO uses a smart economy approach to implement its distributed network concept. Its main objective is to digitize assets using the decentralized network of blockchain technology and digital identity.
Neo’s main aim is to be the distributed network for “smart economy”. As their website states: "Digital Assets + Digital Identity + Smart Contract = Smart Economy." Neo was developed by Shanghai-based blockchain R&D company “OnChain” and funded by two crowdsales: first crowdsale on October 2015 sold 17.5 million NEO tokens for $550,000 and the second crowdsale sold the remaining 22.5 million NEO tokens for $4.5 million.
So why NEO?
Asset digitization and identity on the NEO platform essentially creates a novel way for asset registration, issuance, and circulation. This means that tangible assets like real estate, company shares or even fiat money can be digitized and traded on the NEO network, thus giving rise to a whole new economy.
Its digital identity system allows for integration between the platform and the real world economy. It has custom digital identity standards that enable the creation of electronic identity data for individuals, organizations and even entities. These electronic systems use multi-layered authentication models that include facial and voice recognition as well as fingerprints.
All digital assets on the platform enjoy legal protection thanks to the use of digital certificates on its public blockchain. This, in turn, guarantees trust as the system offers an indelible and unalterable record of all entities’ holdings.
by COINS NEWS - 3 years ago
Tomorrow, BTC will be declared Legal Tender in El Salvador. And if we have learned anything from basic economics, it would probably have to be the relationship between supply of an item, and the demand for that item. In this case, our item is Bitcoin...
Cryptocoins News / CoinJournal - 3 years ago
The partnership will see BTC Markets’ customers enjoy funds protection as well as real-time trading
Volt, an Australia-based neo-bank, and cryptocurrency exchange BTC Markets (BTCM) have agreed to a major partnership, Reuters has reported.
"We...
Cryptocoins News / The Cointelegraph - 3 years ago
Fintech companies see an opportunity in the negligence and reluctance of traditional banks toward the cryptocurrency ecosystem. The banking capabilities of fintech hav...
Cryptocoins News / CoinJournal - 3 years ago
Bulls are seeking to maintain the upper hand after rebounding off lows of $49.50
The price of NEO is down 1.5% over the last 24 hours at time of writing and 6.6% over the past week, but buyers are battling to keep prices above $50 and target fresh hi...
Cryptocoins Exchanges / Binance - 3 years ago
I made a wire transfer request of $356.60 the other day. It showed a $356.60 amount and then a $15.00 fee for the transfer, which would mean I would get $341.60 to my bank account. Today the $341.60 appeared, followed immediately by a $15.00 wire tra...
Cryptocoins Exchanges / Binance - 3 years ago
Anybody also did not receive neogas from binance Neo flexible earning after the N3 update from Neo? submitted by /u/meepok53 [link] [comments]
Cryptocoins Exchanges / Binance - 3 years ago
I am unable to find an answer to this. I have opened one long position at 3x leverage with X amount. I now want to open a smaller position at 10x leverage (with profits I can afford to lose). When I try adjust the leverage for the new position to 10...
Cryptocoins News / The Cointelegraph - 3 years ago
Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.” Blockchain developer Neon Labs has created a...
Cryptocoins Exchanges / Binance - 3 years ago
What do you guys do? Staking or Saving the Coins... Staking got bigger APY but only get rewards in NEOGas.... Saving got less APY but you get NEO and NEOGas... Did someone the math what does make more sense? submitted by /u/MikeyXV720...
Cryptocoins News / The Cointelegraph - 3 years ago
The partnership will see the country's top soccer league, previously named “Primera Division,” dubbed the “Torneo Socios.com” for the 2021/2022 season. Argentina’s to...
Cryptocoins Exchanges / Binance - 3 years ago
Even after a week, it shows "Accrue Dates: 0" and there wasn't a single staking reward payout. Anyone know what's up with that? submitted by /u/Randomized_Emptiness [link] [comments]
Cryptocoins News / CoinJournal - 3 years ago
2021 saw NEO reclaim the $100 price level after a downturn in the last couple of years &- will June be bullish?
After breaking the psychological $100 barrier, NEO is now trading at around $50 after May’s bear market wiped out over 50% of it...
Cryptocoins Exchanges / Binance - 3 years ago
Withdraw has been suspended for several days already! When resume??? submitted by /u/alex3016 [link] [comments]
Cryptocoins Exchanges / Binance - 3 years ago
Hi guys! I worked on a website aggregating data about NEO blockchain https://neo-dashboard.com/ and I also made a Twitter Bot posting daily and weekly reports https://twitter.com/DashboardNeo I would like to get your feedbacks (if you think some impo...
Cryptocoins News / The Cointelegraph - 3 years ago
The soon-to-be-launched platform will feature NFTs from artists like Whitney Houston, Doja Cat, John Legend, TLC, H.E.R, Quincy Jones, Charlie Puth, Jacob Collier, G-Easy, AURORA, The Kid...
More / Etherum Reddit - 3 years ago
Matic trading for Neon District assets is now live on OpenSea.io! Justin Tobin May 23 · 8 min read With OpenSea now natively supporting Matic assets, this gives players another option for buy/selling assets in addition to the previously supported ark...
Cryptocoins News / The Cointelegraph - 3 years ago
In the middle of a spike in cases, more than 4,000 people are dying in India every day as a direct result of the pandemic. Cashaa, a crypto banking platform with physi...