NEO rocks!
Sorry for The Matrix fans but I'm not talking about this guy above, even though he is pretty bad-ass, I've found another chosen one, and this one even might get you rich!
Around two months ago I discovered Antshares, a token that was been shown as a promising investment for less than $5 a piece and with the title "The Ethereum of China". With that introduction it was hard to not get excited, it was right in the time when Ethereum was disrupting the Bitcoin prices because the famous "flipping" situation. I said to myself: A chance to get on board on the rocket before the launch! - This could be a replica of what the first half of 2017 was for Ethereum, a coin that went from 10 bucks to almost $400 in less than six months.
A distributed network for the Smart Economy
In june the company held a press conference at the Microsoft's Headquarters in China, announcing their tech plan and a new name. Anstshares then got rebranded to NEO. Long story short, this is the premise of the company:
NEO is the use of blockchain technology and digital identity to digitize assets, the use of smart contracts for digital assets to be self-managed, to achieve "smart economy" with a distributed network.
The key words to keep in mind: Microsoft and China.
The advantage of NEO over Ethereum is its "easy-to-use" platform, instead of coming up with a new coding language like Ethereum, they use an open access platform that works with common languages like Python, C# and Java. This opens the doors for developers and collaborator to adopt NEO's technology rather quickly. The promising future of this technology predicts even more success when key factors are already on NEO's side, aka Microsoft and China. The huge software corporation might be behind the user friendly smart contracts, the conferece and Microsoft HQ was a sign of their support to the plan. This happening in China makes it even more interesting, with powerful companies like Ali Baba, and the smart economy possibilities for future online business, the chances to make NEO part of the top players is getting big.
NEO Co-Founder: Da Hong Fei at Boxmining
Ethereum Deja Vu
After the conference in june the price of NEO's token reach the $10 mark, that was the first peak to show the path of the company. After the Bitcoin fork the prices started to go up, as many other altcoins, and yesterday I saw how it reached 16$! In less than 2 months I duplicated my investment, cool you might think, but this just opened the question: when to sell?
Last night I did some research to have a better thought perspective about the future of this investment, but every new thing I read just confirm the obvious: Ethereum Deja Vu, here we go!
Now, this is what makes me write this article. Today the price of NEO's token went up to more than 20$ !!!!
This hike in prices I imagine is making a lot of people rich, I think is still great time to get on board. In the beginning of this year we saw how Ethereum went up after finding useful its platform for financial tools like the Initial Coin Offerings, now imagine that on a platform much easier to use, more accessible to developer and coins. This might be just the start of something good.
Are you going to buy?
Let me know in the comments.
Thank you for reading.
Cheers!
