- The Neo platform is designed to serve as a starting point for initial currency support operations (ICOs). Since hosting the Red Pulse last year, the Neo platform has hosted about 12 other initial offers, as well as dozens more. From the point of view of the fund-raising process, the sale of currencies at a discount was successful, which led to a quick sale and the collection of hundreds of millions of dollars. But technically, many of the major currency support operations (ICOs) have suffered from many problems.
Theft of the currency "Apex"
Over the last 24 hours, Apex has been the latest selling of the initial currency on the Neo platform, where a hacker has replaced the URL with his personal address, sending 1.056 of the currency in the Neo platform to the striker's wallet. Apex explained what happened to its "Telegram" channel, saying:
"Shortly after the sale of the currency began at a reduced price, the malicious players managed to control our website and change the address of the correct ICO process ... So we decided to stop our website immediately and go to an alternative route, Social Telegram and Twitter We also publish a personal photograph with the date and address of the CEO carrying the correct address on a piece of paper "
At the end of the statement, "Apex" also added that it will be confirmed that users who contributed to the sale on the platform "NEO" through the wrong address will receive the amount they sent from the currency "CPX". Payments made by the correct address specified on the website will be recognized only.
On the other hand, the currency "Apex" is not the first support for the initial currency on the platform, "NEO" have problems during this month. The "Key" process was also full of problems. As Bitcoin.com pointed out, the price of the digital currency was 300% higher just before the sale began. The site then crashed, and then the Telegram group was flooded with frequent links, links to pornographic sites and thousands of complaints, leading to the transformation of the event into chaos.
Initial currency support on the "Neo" platform is not going well
The problems that faced the sale of the bullion at the Neo platform this month were not due to the Chinese-based Balochin network. But it is important for any platform for smart contracts to have a good start, because failing or stealing projects early can reduce confidence in the newborn system. For example, despite the success of the dazzling Atheer coin, it is still at risk of a "DAO" breakthrough, which stole $ 50 million from Ether at the first major currency sale in the first year.
It seems that every week, news is published on the currency support operations on the etherium platform, which has been breached, captured or deceived. In the past few days, $ 150,000 has been stolen from Experty in the same way that Apex has suffered, and both Prodeum and Benebit have been discovered to be a hoax. But on the other hand, the legitimate importance of the legitimate etherium projects far outweighs those that are highly questionable, thus generating confidence in the platform. While the "Neo" platform carries a much smaller number of initial currency transactions, and the projects that have started so far have not yet been proven. In the light of breakthroughs in initial currency support and technical failure, the new Neo projects are now under pressure to prove they can add real value.