With the crypto verse Fear of Missing out (FoMo) turning to the real value offering for every digital coin in the market, NEO (NEO) has stood above the other players in various ways that every investor should know before they invest in it. Irrespective of the problems individual coins are solving, a simple background check reveals NEO is a different kind of digital asset and here are the feature facts.
NEO Wide dApp Opportunities
NEO is not just a dApp platform, it goes beyond that to offer various options and developers from a wide of industries can build Apps on the platform. This has given the coin good visibility that draws developers from the music, IoT, gaming and Advertising industries.
This has seen the coin scalability pose a huge threat to Ethereum and developers are now option for NEO due to the quality of the dApps compared to the value. The issue of network congestion is unheard of in the NEO ecosystem and this is what you should look for as an investor.
NEO On-Chain Gaming Option
The NEO.Game domain is designed to cater for all gaming development needs on the NEO ecosystem. To make it more fun, the team has set aside $30,000 worth of new coins as rewards for the gaming community. The rate at which the NEO based games is growing a good reason enough for any gaming fan to come onboard. To date, there are over 30 lives games on the NEO.Game interface and more are being created.
Unlike the traditional online gaming for fun, with NEO, you get to earn. You can plough back your gamin rewards and invest on the NEO ecosystem or you can trade them with other coins like BTC or ETH or change them into fiat is you want to exit crypto. However, many investors use the rewards as their entry to the crypto verse investing.
NEO Easy to Create Smart Contract
Smart creation should be made easy and this is why creating your on NEO is the easiest compared to other platforms that support the function. There easier the creation process is, the more creator will onboard and this is a huge boost for a platform that serves several industries with their unique needs and specs and guess what; you have Java, C#, F# and other languages to choose from.
As a developer, NEO ensures you have the right tools to create contracts that are user friendly and are industry specific. The ease of onboarding on the platform has enticed both tech and non tech developers pushing the coin value to a higher level.
NEO Interoperability through NeoX
Any upcoming blockchain that is not cross-chain interoperable will not survive the ever increasing user demands. The NeoX protocol enable the ecosystem connect with others for ease of accessing smart contracts. As an investor, this is very important for business irrespective of goods and services you are dealing with as long as your client base uses a variety of digital assets.
A link with other blockchain outfits makes communication seamless and this is the basic idea behind NeoX. This feature is still under construction and once it goes live, it will be all systems go. You do not need to invest on a system that cannot communicate with the outside blockchain since it is the future especially in IoT.
NEO Transaction Speeds
This might sound like a small aspect for the investor but has is more than just transacting from point A to B. a slow system means it is utilizing more resourced which drives the cost of doing business up. With over 1,000 TPS, NEO beats other dApp platforms by huge margins and this makes transaction fees affordable for all participants on the blockchain.
With the kind of onboarding partnerships including Fenbushi and NEO Global Venture capitals, NEO is well prepared to dominate several industries and this is what every investor should be aiming at. Already game creation on the outfit is underway and once launched, the current price of NEO will skyrocket and this is the right time to stake on it.