Review on NEOX by gregori cordova
a potential scam pretending to be the next generation of NEO
In the world of cryptocurrencies, there are many ways to scam. They can be done during an ICO, applying pump and dump techniques, with unprofessional airdrops or there are even some that intend to create currencies very similar to existing ones to generate confusion and attract users. Such is the case of NEOX, which claimed to be a "new generation" of the well-known NEO cryptocurrency.
Neox intended to create an interoperability protocol between chains, in which transactions between different blockchains could be carried out through Smart contracts, which would provide new possibilities for collaborations between different blockchains.
But there was a lot of controversy with this project, since everything was based on ideas and there was no roadmap or a white paper with a technical basis. They also used a name very similar to that of the Neo cryptocurrency, which generated a lot of confusion among users because they did not know if this new currency was the product of a hard fork.
In their social networks there has not been much movement, and initially they used bots to post positive comments and attract investors. When it became clear that the project had nothing to do with NEO, it quickly lost the interest of the audience who knew it was a potential scam, which led to the developers abandoning the project and closing their website.
This type of scam has been happening a lot in recent years, especially with Bitcoin, since there are different currencies that have taken advantage of using its name, with very few variants to attract the attention of the public.
Pros
- nothing positive here
Cons
- They pretended to be the new generation of NEO, something totally false since that project admitted that they had nothing to do with NEOX
- It is not known who was behind this project
- There is no record of any whitepaper on the net
- The project is delisted from coinmarketcap and coingecko
- their social networks are inactive as well as your website that is closed
- They used bots that placed positive comments on their twitter account
