Everything you need to know about the chinese based cryptocurrency NEO ~ Neo is the Chosen One and here is why

Unlike a lot of other altcoins that are competing with bitcoin NEO actually has a purpose. You cannot say that NEO is a scam or just wanted to take peoples money or that it's a "pump and dump" coin because all of those things NEO has proven it isn't and there are about 80% of the altcoins that are scams which I plan on deciphering and exposing some in other future posts.

Okay now lets get down to the facts and talk about what makes NEO so strong moving forward, and why I think it has the least chance of crumbling in 2018 which hasn't been a great year so far for cryptocurrency but I think that will change. First let's talk about NEO's role in the crypto community space, what they want to be in charge of and responsible for helping is with smart contracts, ICO's (initial coin offerings), and Dapps to be launched.

Overall NEO is a blockchain project that wants to automate the processes of digitizing assets with smart contracts and they call this new economy the "smart economy" which will be decentralized as well.

NEO is a lot like that other economy changing asset platform called...Oh yeah, Ethereum. The two have really similar goals and in a lot of ways are competing with each other, but the question is do they have to?

The answer has to be answered only after looking at the two platforms in further detail which can be done in another post, this one here is all about NEO, the china based token and platform.

Also the truth about NEO is that it is going to be the platform more used towards the future and that is what they are planning on. No offense to the "other token" but you have to see things for what they are, NEO and as well these other new projects are coming out afterwards to the creation of the smart contract protocol which was sometime early in 2017 if I am not mistaken, and so that means that they have the opportunity to improve upon the technology and that is what NEO is aiming for, not the demand of what is being created now but the demand for the future of technology creations.

Now back to the facts that everyone wants to know about NEO, the real reason that they are going to be used in the future is not because they are just competing with ethereum, which is again for another topic what I am talking about here is going to be their protocol to the future of technology called...

Smart economy

Okay so if you really want to understand NEO, than you have to know what this is. Economy is the way that things are measured when it comes to money and everything that has to do with money and assets, which is an important word for understanding this concept, has to do with economy as well.

Physical assets made digital on the blockchain and decntralized with smart contract technology. Which can be sold or leveraged and traded on the blockchain as well. Now if your thinking how is this possible without the centralization of a governement becoming involved the answer is that it isn't and that is the truth.

So in order to have a smart economy NEO has to prepare these two things.

1. Digital identity

Even though the crypto commmunity loves it's privacy that is the one thing you will not be given as a privelege by NEO as long as the government has something to do with it, and it will because NEO plans on digitizing assets and using the blockchain to do this.

2. Digital Assets

For a smart economy to work you need to be able to trade assets beyond just currency. I am talking about things that regular people value like gold, diamonds, cars, and houses. With smart contract technology already things like these can all be digitized as assets, and decentralized on a block chain.

And like I said NEO is not some scam project they are working with people and other orginizations. They are networked with other companies that are apart of their own network and will help make everything come together.

Some of them just to mention are One chain, Ontology, DNA ... and more.

So once again NEO - the chinese ethereum token is going to be staying around for a while and while it is here I think can only apppreciate in value, it has already shocked many people who didn't expect to see it go up the way it did and is currently sitting high up with other highly valued coins on the coinmarketcap list. NEO is not the only future of dapps and digitized assets but it is one. I think very possibly the chosen one.

How to buy NEO

I reccomend getting NEO off of the exchange that has it which is from here https://www.binance.com/?ref=18555250

They have many markets to try out and buy NEO from :

If you don't have a NEO wallet that is fine as well because they give you your own.

See? However this is my NEO deposit address, not yours so make sure not to use it !

Anyways now that you have your Binance Account from clicking on the link above, and you know where to deposit coins. All you need to get now to buy NEO is your own little bit of BTC, which isn't hard to do. If you live in the USA then the easiest and fastest way to buy BTC is from https://www.coinbase.com/join/5a131502573c640194b7c243. They are trusted and so many people use them that I can trust the too, since their are rarely any complaints. The reason why I reccomend you use that refferal link to sign up is that when you purchase or sell your first bitcoin you will get $10 and I will get $10.

There you have it, now you know everything there is to know about NEO and how to buy some of it. Hope you are able to do great things.

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