What Is NEO?
Formerly known as Antshares, NEO is a recent iteration on Ethereum’s smart contracts. NEO uses a unique blockchain algorithm that improves upon Ethereum’s model. While the basics still apply, it also supports decentralized commerce, identification and digitization of several assets. NEO also closes loopholes that have caused some Ether contracts to be vulnerable to hackers.
Founded by Da Hongfei, the NEO team is one of the most professional around. While many new ICOs (initial coin offerings) have teams that expound upon the pre-sale of the coin and its potential value, NEO takes the opposite strategy. NEO’s team are relentlessly accessible to the public and speak on the technologies real-world applications.
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