Review on Neo by Jonathan Prada

Name: Neo
Item: Neo
Rating: 5

January 30, 2018

Neo formerly known as Antshares has tremendous potential. Neo founder Da…

Neo formerly known as Antshares has tremendous potential. Neo founder Da Hongfei and Legendary Blockchain developer Erik Zhang dedicate their livelihoods to making sure the Neo Foundation is a success. A large capital for Investment has been set aside since ICO to continue community development, maintenance, scalability and collaboration with other blockchain companies. Often regarded as the Ethereum of China, Neo is a sleeping giant that is expanding its reach globally. The foundation aims to have regulation ready blockchain technology for the consumer market.
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Pros

- Neo allows ICOs and Smart contracts on their blockchain - Neo provides holders with Dividends in the form of GAS - Neo has Identity and Digital Tracking for real world Asset Management - Neo has super fast transaction speeds 1000 tx/s & 340 Smart Contracts per second. - You can write smart contracts in popular programming languages - ICOs are audited by the Neo Council, therefore worthy projects launch - Projects running an ICO must be invested and hold a large amount of GAS to launch - Neo Developer community City of Zion is super active and helpful - Neo documentation is in multiple languages, great for global collaboration - Neo community is actively engaging Developers and Investors with their DevCons & Meetups

Cons

- Semi centralized, node holders are regulated businesses like Dutch Telecoms Giant KPN - High demand for ICOs which make it exceptionally hard to get involved with