NEO - BUILD ON THE BLOCKCHAIN
Price Info - https://www.coinmarketcap/currencies/neo
NEO, formerly known as Antshares, was founded in 2014 and is China’s first ever open source blockchain that enables management of smart assets in an efficient, safe and legally binding manner.
NEO was co-founded by Da Hongfei – key opinion leader in China's cryptocurrency & blockchain community, and Erik Zhang - former bitcoin developer from Huobi exchange. they are supported by community devs.
Prior to their rebranding, Neo had already garnered a substantial following. News of rebranding brought even more attention to the project, causing the price to boom over 5000% Additionally, NEO holders stand to receive dividends in the form of GAS tokens.
Recently NEO successfully hosted its first ICO, Red Pulse Token (RPX), raising $15 million USD.
NEO supports almost all programming languages, and has confirmed their cooperation with Microsoft China, partnerships with other prominent blockchain platforms like Coindash, Agrello, Bancor, Binance and Nest Fund.
NEO DevCon (developer’s conference) was held on January 30-31. Founder Da Hongfei spoke about several developments that will make NEO the No. 1 blockchain by 2020. On the development front City of Zion—the open-source NEO developer community—now has over 1,000 developers. And a new Chinese- speaking developer community called New Ecolab has formed. It will operate in a manner similar to City of Zion. Hongfei also announced NEO Global Capital, a Singapore-based venture capital fund investing and fostering NEO projects. Further, the NEO Council will fund the Open Blockchain Foundation with $10 to $15 million. The money will go to research grants for blockchain-related research. The NEO ecosystem continues to rapidly expand. There have now been six ICOs launched on NEO with over 20 in the pipeline. And there’s now over 30 dApps running on the platform.
Two promising upcoming projects are Ontology (Recently airdropped to all Neo holders in Feb 2018) and the Neon Exchange.
Ontology is a platform that will provide businesses the infrastructure to connect to and utilize the NEO blockchain. And the Neon Exchange is a decentralized exchange that promises to be as fast as a centralized exchange. It will also feature a payment service that will facilitate trades in NEO dApps.
Like Ethereum Classic, NEO had an airdrop as in March 2018, for a project called Ontology (ONT).
Ontology is a public platform for building a decentralized trust ecosystem. It’s a project of Onchain, a private blockchain company founded by Da Hongfei and Erik Zhang, the same team behind NEO.
To support the ecosystem, Ontology has distributed 20 million ONT to the NEO Council and the NEO Council decided to airdrop the ONT tokens to the NEO community.
The airdrop was set to take place at block 1,974,823 around March 1.
For each 1 NEO, you got 0.2 ONT. Half will be freely tradable right away. The remaining half will be automatically locked until the mainnet is released, which is expected in the second quarter of 2018.
One key factor of NEO’s success has been its community development. The NEO community has contributed wallets, blockchain explorers, documentation in over 10 languages, and much other support.
To promote its project, NEO holds world tours. Its Europe tour kicked oﬀ April 14 and runs through April 26. NEO plans to hit a half-dozen cities, starting in Amsterdam.
The tour includes meet-ups, workshops, and presentations. Microsoft is co-sponsoring a development competition during the tour with $490,000 up for grabs. Developers submitted nearly 500 projects. Winners will be announced shortly
As of this writing, there are 10 tokens on the NEO platform, not including NEO and GAS.
More than 20 other projects are looking to launch on the NEO platform in the near future.
That activity has increased usage of the NEO platform. When we first recommended NEO in February 2017, it processed less than 500 transactions per day (and often less than 100 hundred). Today, it averages 30,000 transactions per day (and has processed as many as 150,000).
NEO is set up to perform in 2018 like Ethereum did in 2017. The community is growing, more ICOs are launching on the NEO platform, and the ecosystem is expanding rapidly.
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