Buy in India at ₹

Reasons to Buy NEO

• – It is capable of processing 10,000 transactions per second (TPS).
• – After the update, Neo 3.0 has enhanced network security levels.
• – It allows for any blockchain developer to develop smart contracts without learning a network-specific programming language.
• – It has a market capitalization of more than $440 million.
• – It has a maximum supply of 100 million Neo coins.

Antshares was founded in 2014 by 2 Chinese developers that was later rebranded to Neo in 2017.

It started with a vision of digitizing the assets by leveraging smart contracts on the blockchain platform. This will not only reduce the forgery and physical asset damages; but will also help in easy access of your assets anytime, anywhere. It also calls for developers to come and build decentralized applications (DApps) atop Neo and utilize its features.

Things to consider before buying Neo

• – It is used as an investment vehicle as well as to grant voting rights on the blockchain.
• – It works on the delegated Byzantine Fault Tolerance (dBFT) consensus algorithm.
• – The developments on Neo blockchain are made at a faster pace that allows for development patches frequently and enhances overall security.

Tags

FAQ's

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.