The world of cryptocurrency remains very small. There were only a few names that actually rang the bell, and Da Hongei was certainly among them.
He is the mind behind NEO - an open-source, community-based platform that utilizes blockchain technology to optimize the digital economy.
Genesis Block generates 100 million NEO tokens. Investors receive half of the tokens, and the rest remain locked in smart contracts.
Every year, a total of 15 million tokens are released to fund the NEO development team's long-term goals.
Since January 2019, NEO Tokens have almost doubled from $ 7.50 to $ 11.00 today. Although this remains a rather risky investment, low prices make it easy to accommodate any portfolio. The market limit of "Ethereum China" is around $ 790 million.
We cannot underestimate the Chinese government, with one sentence from the Chinese president, Xi Jinping, the price of the BTC rose Rp 50 million in 2 days.
NEO is a coin from China and it is likely that the government will support the building of the blockchain with this coin. However, nothing is certain