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Review on NEOX by Kakamurat Kaya

Revainrating 2 out of 5

My understanding about the project NEOX

In the realm of digital currencies, there are numerous approaches to trick. They should be possible during an ICO, applying siphon and dump procedures, with amateurish airdrops or there are even some that plan to make monetary standards basically the same as existing ones to produce disarray and draw in clients. Such is the situation of NEOX, which professed to be "another age" of the notable NEO digital money.

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Neox planned to make an interoperability convention between chains, in which exchanges between various blockchains could be brought out through Smart agreements, which would give additional opportunities to joint efforts between various blockchains.

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Be that as it may, there was a ton of contention with this venture, since everything depended on thoughts and there was no guide or a white paper with a specialized premise. They likewise utilized a name basically the same as that of the Neo digital money, which created a ton of disarray among clients since they couldn't say whether this new cash was the result of a hard fork.

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In their informal communities there has not been a lot of development, and at first they utilized bots to post positive remarks and draw in financial backers. At the point when plainly the undertaking steered clear of NEO, it immediately lost the interest of the crowd who realized it was a likely trick, which prompted the designers leaving the venture and shutting their site.

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This sort of trick has been going on a ton as of late, particularly with Bitcoin, since there are various monetary forms that enjoy taken benefit of utilizing its name, with not very many variations to draw in the consideration of general society.

Pros
  • nothing certain here
Cons
  • They claimed to be the new age of NEO, something absolutely bogus since that venture conceded that they don't had anything to do with NEOX

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