NEO NEO
Report IssueNEO is a community-driven, non-profit blockchain project. It uses blockchain technology and digital identity to digitize assets and automate the management of digital assets using smart contracts. Using a distributed network, it aims to create a "Smart Economy".
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Short Review NEO
Crypto project NEO (NEO) is classified as a Blockchain. NEO is a Utility token that is hosted on the NEO Network. The current total supply is 100.00 M NEO (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of $4,500,000 (40.00% of total tokens) have been allocated for the public sale. The level of social activity of the NEO project is assessed as Medium.
NEO ICO Overview
Estimated date for the public token sale: 29 September 2016. NEO (NEO) price during the token sale: 0.2 USD.
NEO Price Chart
The launch of NEO token trading took place on 9 September 2016.
Detailed review of NEO
NEO cryptocurrency is a large-scale blockchain project , allowing secure and anonymous transactions within cryptography without the participation of third parties and the simultaneous use of cryptographic software.
In addition, the Neo Cryp project is a convenient cryptosystem for the secure and fast exchange of information and funds while ensuring the maximum level of security for digital assets.
Thanks to the active promotion of the project, its creators managed to establish close business relationships with the largest representatives of the cryptocurrency market, as well as with such global economic giants as Microsoft and Alibaba.
NEO Project
The history of this coin began several years before the crypto community first heard its name. This Chinese project was created as the Antshares project in 2014 by Chinese developers Da Hongfei and Erik Zhang. Three years later, in July 2017, the project was renamed Neo. In addition, the creators launched an ICO, which lasted from July 1 to July 9, 2017. A total of 100 million NEO tokens were issued. Half of all tokens were provided by crowdfunding, the creators decided to leave the second half practically under their control.
The project team is small and consists of managers, developers, public relations and business strategy specialists. The main team includes:
Da Hongfei is co-founder and CEO. He graduated from South China University of Technology with a degree in Technology and English. Before founding his own companies Onchain and Neo, he worked at IntPass Consulting in Shanghai, where he served as CEO and member of the board of directors.
Eric Zhang is the CTO, co-founder of Neo and chief developer. He graduated from Shanghai University with a degree in computer science. He is an expert in blockchain technology and computer security and a Certified Information Systems Auditor (CISA). It was Eric who developed a special consensus algorithm for the Neo blockchain.
Tony Tao is the general secretary. In addition, he is a partner at NEO Global Capital (NGC), VP of Strategic Planning at Onchain, and founder of the X-Order project.
Advantages of NEO
- Using the fault-tolerant dBFT protocol. Which protects the entire system from a powerful hacker attack.
- Supports the most popular programming languages. Java, C#, Go and Python. This approach expands the possibilities for promoting NEO services.
- Virtual machine (Neo VM). Which allows you to launch custom smart contacts in two clicks.
- The actual throughput of NEO reaches 1000 t/s.
- Payment of fees in GAS tokens. Which are intra-system and are awarded to all NEO holders.
- The ability to create digital certificates that are registered in the system and undergo identification. That is, they are protected by law and can be used in the real world.
- Use of the NeoFS protocol. Which allows you to manage digital certificates without a central server.
Disadvantages of NEO
- Lack of complete anonymity.< /b> The creators of NEO failed to create a completely confidential environment for their users and transactions on the network.
- Pseudo-decentralization. The founding company OnChain controls 60% of the nodes of the NEO crypto project. li>
