Cryptocurrency Neo is a Chinese analogue of Ether. The token allows companies to transfer software to blockchain and digital technologies. Cryptocurrency NEO coin is a successfully developing promising project of digital money, which has advantages over competitors. NEO cryptocurrency for a long time has shown stable and non-stop growth. The volumes of NEO cryptocurrency stocks are clearly defined and limited to 100 million tokens. So far, only half of the available potential is available on the cryptocurrency market - 50 million tokens.
NEO is the cryptocurrency of the first decentralized, blockchain platform created in China. The goal of the project, as stated in its white paper, is “to be the vanguard in the effort of building a smart economy”. The latter is described as a combination of digital assets, digital identity and smart contracts and that means huge usage potential for NEO cryptocurrency.
NEO is a convenient system for the safe exchange of information and financial resources between participants in this system, without the risk of loss of their tangible assets. Despite the fact that NEO is often called the "Chinese Ether" and the fact that the Ether still holds higher positions in the cryptocurrency ratings, the Neo token has advantages that Ether does not have. NEO is much more practical and functional. This, without a doubt, opens up the potential to move Ether down in the ratings in the nearest future.
Neo describes itself as an open-source platform driven by the community. It utilizes blockchain technology and digital identities to digitize and automate the management of assets using smart contracts. Using a distributed network, it aims to create a smart economy by building infrastructures of the next-gen Internet and creating a solid foundation for mass blockchain adoption.
One revolutionary advantage of NEO platform is that the developer doesn’t need to learn a new smart contract language. With NEO one can start coding his smart contracts on using C#, Java, or any other mainstream programming language, which lowers the barrier for developers.
* Forex Rating accepts no liability for any errors in the Neo Price or NEO Information. For the most recent information please visit the Neo official site.
|18||UNUS SED LEO||-0.44%|
Bitcoin was down 3.1% on Tuesday, ending the day around $20.3K, where it is consolidating on Wednesday morning. Ethereum has lost 3.1% in the past 24 hours, leading other altcoins...
29 Jun 2022
Bitcoin gained 3.8% over the past week, ending around $21.4K, dropping slightly to $21.2K on Monday morning. Ethereum added 9.4%, while other top-ten altcoins gained between 4.6% (Cardano) and 19.3% (Dogecoin)...
27 Jun 2022
The horrors of 2018 and 2017 are back in the crypto market, and crypto traders are not only highly nervous about it, but many are also losing faith in cryptos as the current...
24 Jun 2022
The tug of war in Bitcoin near the psychologically important $20K continues. After losing 4.7% to $19.9K on Wednesday, the first cryptocurrency returned to $20.4K on Thursday morning...
23 Jun 2022
Bitcoin rallied from $20.5K to $21.6K during the day on Tuesday but later reversed to decline and went back on Wednesday morning. Ether corrected deeply...
22 Jun 2022
Bitcoin has rebounded 5% in the past 24 hours, trading at $20,800. Ethereum has recovered 6.4% to $1130 in the same time frame. Leading altcoins in the top 10 are adding from a modest 3.5%...
21 Jun 2022
© 2006-2022 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.