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Ikeja
3 Level
33 Review
159.25 Karma

Review on Neo by Oludunni Oluwafemi

Revainrating 4 out of 5

Wallet with multi-layer security.

Neo is a cryptocurrency and smart contract platform designed to build scalable decentralized applications.
Neo is an open-source non-profit blockchain platform for decentralized applications. The project aims to create a smart economy using the benefits of blockchain technology and cryptocurrencies.
Neo is agnostic to programming languages, meaning that developers do not have to learn a unique language to create smart contracts.
Security and accessibility are the main principles of the neo wallet. You can configure the protection of your funds on several levels with the multi-layer security features. A lost phone doesn't mean lost money, you can easily retrieve access to your wallet from any other device.
It is designed to satisfy both advanced crypto users and complete beginners.



Pros
  • Neo wallet is compatible with ledger hardware wallets and allows you to easily display your balances and manage your transactions.
  • Neo is being declared as the 'crypto currency of the year' due to it awesome technological impacts.
  • Neo supports various development languages that allow developers greater freedom to develop a diverse ecosystem.
Cons
  • Neo wallets and exchanges are not that much familiar as Ethereum wallets since NEO is only in the starting stage of development. Hence, needs for more marketing.

Comments (1)

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May 12, 2020
Neo also give out neo gas for holding neo in an approved wallet or exchange that support it. For example if you hold some neo on Binance at the end of the month you will have some neo gas as the reward.

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