Review on Neo by Kimberlith Carrillo
NEO
The NEO project was established in 2014 by Da HongFei and Erik Zhang and, although it lost a bit of recognition, it is still one of the best options. it is a platform of de-centralized applications.
Since its name change to NEO from Antshares in 2017, the project's vision is to realize a "smart economy" by utilizing blockchain technology and smart contracts to issue and manage digitized assets.
NEO's growth has been fantastic, so it would be interesting to invest in it.
Neo revolves around tools that will allow developers to efficiently implement and scale smart contracts.
A total of 100 million NEOs were created, 50 million NEOs were sold to the first investors, and the remaining 50 million NEOs were locked into a smart contract. Each year, 15 million NEO tokens are unlocked and used by the NEO development team to fund long-term development goals.
Pros
- smart contracts.
Cons
- none
