The NEO team and conference was incredible. These notes are based on us having dinner with the NEO team before the conference, what was presented during the conference and the q and a session.
On NEO forecasted prices
They don't make estimates on principle. Sorry "should I wait for the dip" peopleOn collaborations
Ali email uses law chain's serviceOnchain
Onchain is a company the founders of NEO also founded. NEO is non profit and community driven whereas Onchain is for profit. NEO and onchain share systems
4.On Gas
-They didn't anticipate Gas to be so expensive. However price is determined by market forces but later NEO holders will have the ability to vote for the amount of GAS needed for transactions.
-transactions are currently free and they don't have a timeline on when this will change yet. When they start charging, concensus nodes and NEO holders will receive more GAS than we currently do. Also NEO holders have voting rights.
So if you own NEO, the long summer approaches. *GOT ref
- Red Pulse
- It's basically bloomberg on blockchain. U buy it with NEO not gas, but gas is used by Red Pulse for smart contracts e.g. 500 gas for a complicated smart contract.
I would just like to say that Da Hongfei, Eric Zhang and their team are such humble and talented people. You would think that with NEO hitting an all time high in market capitalization, they would be screaming lambo's and moons like all of us, but they don't. They are the epitome of true class.
Da Hongfei exudes a calm charisma that puts you at ease. I believe that one day he will be on the same level as Jack Ma or Wang Jialin. Eric who did 99% of the NEO code is a brilliant man. I'm no coder but looking at some developers talking to him about his code, it seemed as if they were asking Mozart about the 9th symphony.
But for real tho, when we hit the moon, Pagani Huayra is a way better than a lambo 😉
Good hunting 👊
