Review on Neo by Killer Bean
Neo coin - a currency for future investors...
Neo is a decentralized platform working with smart contract technology. It is an open source platform that work with blockchain technology. Following the scalability of Neo, it has a great potential for attraction of more investors in the future. It was developed and launched in 2014, and now has market cap of $1,098,000,000 which has pushed it to the top-30 cryptocurrency according to market caps. Neo tokens, NEO can be exchanged and traded in few platforms like Bittrex and Binance. It is still a developing projects and has a good plan for future investors.
Its decentralization has made it insusceptible to government policy and financial institute's influence. Neo, as a token can be mined in order to bring about more products. Presently, a neo coin costs $15.5. It uses the Proof of Stake algorithm to aid mining. Neo coins can be stored in any wallet ranging from hot wallets to cold wallets down to hardware wallets. But frankly speaking, Ledger Nano and Neo wallet is best for storing Neo tokens. It aims at using distributed network to create a smart contract driven economy. It is a currency with plenty users as most of the users are from Asia. This is a currency for any one as it comes with a good graphical weblook ,in short it is the site for every investment
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Pros
- It is a decentralized platform
- It aids scalability.
- It uses Proof of stake algorithm to aid mining
- It has an aim, to build a smart contract driven economy
Cons
- it is still developing
New products
Comments (2)
February 03, 2021
I will surely look at that my fellow author, i make sure that my reviews are based on what is happening at the time of writing. Thanks for bringing this to my knowledge. I'll update this review as soon as possible, i wrote it a long time ago πͺ
February 03, 2021
Neo, like XRP, has faced huge negative situations. There are points where you are right, but you wrote a review with incomplete information on many issues. Therefore, if you add new information when you update your review, you will inform us with more up-to-date information. I hope he corrects himself in the future.
