NEO — Smart Economy and its ICOs… + Road Map

Zil
3 min readJan 14, 2018

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Why ‘NEO — Smart Economy’ will surge in 2018 and its ICOs.

Through cutting edge blockchain technology and expertise, NEO Smart Economy is more than your average cryptocurrency. It introduces a complete eco-system revolving around commerce, identity, smart contracts and payment applications. To simplify the notion of NEO and what’s to come, think of a one-stop shop for businesses and consumers.

Why NEO?

An ever-evolving ecosystem requires a foundation that persists with change. Inevitably, the roadmap for NEO will conclude as mass adoption — and with that, comes a lot of expectation. NEO offers up to 10,000 transactions per second, plans to incorporate quantum-resistant cryptography (NeoQS), utilizes several smart-contract dev programming languages, extremely scalable and eco-friendly and we witness physical assets identified as digital assets on NEO blockchain. Oh, and did I mention dividends for NEO holders?

We have been already experiencing several projects moving from Ethereum to NEO blockchain. Development platforms and technology itself change rapidly, and we will continue to witness these shifts. As it stands, NEO charges no transaction fees. We don’t need to talk about NEO vs. Ethereum transaction speed (as of Jan. 2018). As more Initial Coin Offerings (ICOs) hit the market, NEO’s flexibility will triumph. Supporting programming languages such as Java, Python and C# already puts it ahead of competition in the market with a minimal circulating supply. Subsequently, these features and pre-existing reasons to favor NEO as the blockchain to use, we will certainly understand its true value and surge during the year.

NEO ICOs

The upcoming projects in this self-acclaimed smart economy are a force to be reckoned with. I will have an extensive look and schedule of NEO ICOs linked at the end of this article, on a separate google spreadsheet. Nonetheless, the main key actors will be highlighted below with a short summary linking to a fully smart-economy. It is significant to note that the following projects may be current, past or future ICOs on NEO blockchain.

1. Zeepin: through NEO technology, it aims to develop a platform where industries related to copyright, territory and talent are assisted and managed in an efficient manner.

2. NEX: is what we’re all been waiting for. A completely decentralized exchange based on NEO blockchain.

3. APEX: bring you an ecosystem where there is decentralized B2C interactions. Powered by NEO, APEX will process data value to efficiently improve marketing effectiveness, data quality and customer longevity.

4. THOR: is where the economy happens. This platform will attempt to harness a service in which users comply with a digital ID, used for jobs and get paid within NEO.

With a distinct focus on ICOs, I would like to make clear that NEO’s smart economy is more than just that. NEO, and the NEO Council assure they are equipped and forming Corporate Partnerships on the regular. Most notably, Onchain a private company run by the founders of the NEO Council, has recently brought forward the Ontology Network. In short, this is a security mechanism to potentiate NEO smart economy and its existing platforms through compliancy and transparency.

We might be seeing a paradigm shift within a paradigm shift itself, all I can say is hold tight!

TL;DR

- NEO is becoming a dominant force in blockchain technology and sees to overrun competitors.

- ICO’s are yet to be fully explored within the NEO blockchain, so expect the price to surge and the ‘smart-economy’ to form.

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