NEO Crypto Price Live Update : Check Graph
NEO Crypto aims at making a smart economy for the nation. They describe the smart economy as digital assets + digital identity + smart contract = smart economy. The digital identity term makes this Cryptocurrency different from others.
NEO Crypto Founder & Launch Date
Da Honghei and Erik Zhan from china are founders of the NEO crypto. It launches in the market in 2015. He believes that blockchain is the remarkable technology that will grab the future of the digital economy. The Chinese government is making blockchain technology more flexible to increase its use. Moreover, the Chinese government wants new technology which is flexible and fast in terms of transactions. Thus, Chinese base cryptos have a strong vision towards the future market.
Digital identity allows transactions between verifiable entities such as participating individuals, organizations, etc. that exist in the digital market. It allows access to transact between two parties that have a particular digital identity to them. Thus, NEO network supports smart contract that has a regulatory rule for transaction identities. Moreover, NEO is a B2C platform that is business to customer or business to community.
More importantly, NEO supports private blockchains to grow. Also, NEO holders participate in the formation of NEO governance. The voters will earn rewards for supporting and establishing the system. Form 100 million NEO, 50 % reserve by the Neo ecosystem for developing the organization. Moreover, they charge GAS for the operation and storage of tokens for making incentives. These incentives are distributed in three parts. 10% spit among all NEO holders, 80% between successful holders, and remaining between 21 members of NEO council. Gas tokens can be claimed without staking. Voters earn most of the portion from the gas for helping to build network governance.
NEO Crypto Price Prediction, NEO Crypto Price & Market Details
NEO is at #29th rank on CoinMarketCap. Its value is $51.22 on 31st May. The graph of the coin is highly fluctuating thus suitable for investment. The market cap of the NEO is $3,637,511,035. In May graph showing a decrease in the price by 47%. However, it shows an increase in the price by 365% for last year.
This is an amazing opportunity for long-term investment for such a high market cap. Moreover, NEO able to maintain fairly good value when compared to BTC, ETC. However, it shows a sudden decrease on 25th May where whole market collapse. It is important to note that Neo Crypto shows an overall increase of 66097% from its all-time low value which is amazingly profitable. Its all-time high price is $198.38.
Why You Should Buy? Is it Safe?
NEO is working intensively to attain interoperability in the future. That is, they need a flexible platform where people from other private blockchains can access information for their development.
This is china based regulatory program to improve the technology of the private blockchain. There is much more for improvement. Also, it is always advisable to invest in the coins having a long-term vision.
How to Buy NEO Crypto?
- log in to Binance.
- Buy BTC/BNB/ETH
- Now You can exchange NEO with your Wallet Crypro.
