CORE MAGAZINE April 2017 | Page 20

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Neos: Your Own Web

(and much more) is rewarded with Neos directly from the blockchain based on a point system. This system creates a revenue source for users and a system where users are incentivized to create and curate quality content.

Within the platform, users can choose between premium or free services, with premium having certain perks like smaller domains or special accounts.

This means that Neosphere not only allows users to earn Neos, it also provides services for which users have to pay, which in turn means two key things: That there is both supply and demand for the Neos coin and that Neos is a deflationary currency, since part of the coins spent on the platform’s premium features are destroyed (burnt). The other (smaller) part is sent to a development fund that helps further develop and maintain the platform.

Other than premium features, Neos can also be spent to purchase items on the platform’s store which is also hosted by the blockchain. Things like website themes can be listed for sale within the paltform.

Neos v3.0 is currently in the closed beta stage and is scheduled to be released soon. To learn more about the Neosphere and get a sneak peak at the platform, check out the Neos v3.0 Preview video below and visit the community forum.

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