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Review on Neo by Adam Said
despite neo's major rise and fall in price It will be very interesting to seeβ¦
despite neo's major rise and fall in price It will be very interesting to see what da hong fei and his team will manage to do in the coming months, years. exciting times in the crypto space, particularity with the neo blockchain.
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Pros
- Neo is a blockchain platform and cryptocurrency designed to build a scalable network of decentralised applications. The base asset of the Neo block-chain is the non divisible Neo token which generates GAS tokens that can be used to pay the transaction fees to utilise the Neo network
Cons
- For me personally, there is a lot of uncertainty in the area of 'digitalising real-world assets'. Although the theory is nicely described and Neo will explore this field, I am not sure how this will actually work in practice. E.g. what kind of assets are suitable for such digitalisation and what kind of contracts can be built for them. i dont see this as a huge problem for da hong fei and his team at neo.
