Review on Neo by Muhammed Özdemir
Neo
Neo's digital identity works quite simply usefully Everyone who joins the Neo blockchain has a specific digital identity that is verified. Neo is a cryptocurrency platform developed by Onchain, a Shanghai-based company, that started its life as "Antshares" and recently became a brand known as Neo. If you really want to analyze the neo coin and its full potential, you only need to look at a single indicator, its market value.
At the time of writing this review, NEO's market value is around $ 1.76 billion. This is a very strong market presence! Now, some people may insist that you compare this market cap to Bitcoin's and learn that NEO is a good investment that way. Neo came to life around 2014, and of course it was known as Antshares at the time. It was founded by Da Hongfei and Erik Zhang and is referred to as "China's first blockchain platform". Its popularity began only in 2016, in response to rising interest in the so-called field and help with blockchain solutions that meet the needs of both government regulators and private companies.
In 2017, AntShares was rebranded as Neo. NEO is seen as an iteration of Ethereum's concept of smart contracts, along with a unique blockchain algorithm that develops Ethereum's model.
Pros
- Strong community support
- Smart contract technology
- Average price volatility
- Focused on regulatory compliance
- Continuous updates and development
Cons
- Still far from ATH price
- Not offered by many exchanges
