Why I'm Investing In NEO (The Blockchain of 2018)
I am fairly new to the cryptocurrency market and blockchain industry, but I have been completely captivated by the new tech and the ways it will change the world. Since becoming aware of blockchain technology, I have found myself highly engaged in the community and an avid reader on blockchain advancements. Of the many coins I researched, I found that NEO was the most promising, especially now that we are in a Bear Market.
NEO is worth $45.15 at the time of writing this article, showing a 76.91% retracement from its all time high! NEO has been as high as $195.51 and that was before adoption even really began. This in of itself makes NEO a great snag, but trust me, there is even more that makes NEO the best coin to buy in this Bear Market.
1.) NEO, like Ethereum, hopes to be the primary platform for dApp development.
This means companies will have the ability to build their blockchain and cryptocurrency on-top of the NEO blockchain. This has just started to happen, with companies like Ontology, Thor and Switcheo using the NEO platform and marks the beginning of more NEO adoption.
2.) NEO has strong ties with the Chinese government.
The Chinese economy has become one of the largest in the world, and it hopes to maintain it place on world rankings. The government has become aware of the tremendous benefits of blockchain technology and has began collaborating/endorsing blockchain projects in the hopes that China can be the main hub of blockchain tech.
3.) NEO exchanges.
NEON Exhange and Switcheo are some of the first NEO exchanges that are being released to the public and they are both promising decentralized exchanges. With exchanges emerging that are based on the NEO blockchain, and therefore using NEO as a base pair, there will be more demand for the NEO currency.
4.) NEO Amsterdam.
NEO is about to have their biggest conference in Amsterdam on April 14-15 and with it will be tonnes of news, developments, hype and surprises. This is sure to have some information that will create massive demand for the NEO coin and therefore will drive up the price. They have already released a teaser for something called nOS
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