Dont think NEO is expensive now as you might regret the same way when you missed when BTC and ETH when it was 100$ and you would have thought it was already topped off.
Here is why,
- Think about it, China's is at second place in world economy and its expected GDP is 6.2% in 2018 which is 3X compared to USA.
When companies in China started using NEO for their smart contract, its Market cap is expected to at least to 200-400 Billions (Current Market cap is 7 Billion and as 1K will be simple step ) - NEO has very close relationship with Chinese government and we all know no western companies can dominate the Chinese market (For example - Alibaba, wechat, Tencent - it is one of the reason why Chinese government has ruled out all the Bitcoin exchanges to bring their own).
There are lot of chances that NEO would become Chinese government's favorite smart economy platform - Current NEO is running very small number of projects on its platform and most of the new projects on the verge of completion. Once it goes up the demand for NEO and Gas will skyrocket.
- Current supply is only 65 Million, dont know when the remaining supply is going to be released.
- Chinese companies started using the NEO platform. (Latest news is NEO partners with Unionpay - link
- On top of it, you can earn 5% of your investment when you stake your NEO on their wallet. (For example if you have 100 NEO and if the price is 200$, you can earn 1000 per year as GAS)
NEO is going to moon, still it's not even close to its full potential..!
I have known only a little bit, let me know if you know any more details - That will be very helpful for me.
Happy Crypto Investing....!