Blockchain News
NEO Platform Offers
"Smart Economy" On
The Blockchain
NEO Cryptocurrency Platform
Basics
N
EO has become the 6th largest
cryptocurrency platform, with
a market capitalization of over
$9.1 billion at the time of this writing
(CoinMarketCap). Its price has gone
up significantly from around 80$, at the
beginning of this month, to the current
price of approximately 140$. Although the
crypto-market’s prices fluctuate wildly, and
NEO’s market cap is no exception to that,
it still doesn’t take away the fact that it is
generally recognized as a major crypto-
platform. So, what are the factor(s) that could
have contributed to its popularity? Before
addressing this, let’s first go over the basics
of this platform, which is often referred to as
one of “Ethereum killers” by its proponents.
Developers of the NEO network claim
that it functions as a next-generation “Smart
Economy” platform. Moreover, a “Smart
Economy” is created, according to NEO’s
development team, through the use of
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