Once in a while you come across an opportunity that you recognize as the future. I wasn't completely sold on Antshares but things have taken a turn for the better and I've got confidence in it's evolution...
The future is NEO
There are many reasons why I've just boldly come out and said this. After all I have the Techblogger reputation to keep up so I can't just go around recommending blockchain cryptocurrencies all the time.
Let me tell you about why I'm so confident that NEO is going to turn some heads this year as it makes it's run to $100 and beyond.
This isn't the Antshares that people have become so familiar with...
Antshares had an amazing run in the first and second quarters of 2017 rapidly rising and settling into it's July, 2017 price of about $6.00.
Because it was the first exclusively 'Chinese' blockchain and it was also supported by Microsoft the market price rose rapidly and a buzz was spread around the internet.
This picture added fuel to the fire and there was a lot of discussion on the internet that Vitalik and Da Hongfei (the CEO of Antshares now rebranded as NEO) had a close working relationship.
Also it's partnerships attracted investors to Antshares:
AntShares has some high profile partners listed on its site, including WINGS, Alibaba, and Microsoft. WINGS combines the ideas of crowdfunding with swarm intelligence decision-making through decentralized forecast markets into a project funding and governance platform easily accessible to anyone with a smart phone. Alibaba is China’s — and by some measures, the world’s — biggest online commerce company. Its three main sites — Taobao, Tmall and Alibaba.com — have hundreds of millions of users, and host millions of merchants and businesses. Alibaba handles more business than any other e-commerce company.
The following article provides many more reasons why Antshares received such a warm welcome in the cryptocurrency markets:
https://medium.com/@stokchain/antshare-what-we-know-and-why-its-skyrocketing-in-value-a7e5291dc3c4
Antshares has now completed its rebranding to NEO...
After rebranding, the new company NEO has been making leaps and bounds in its development of not only its blockchain but it's related wallets and software development kits. Furthermore some really big news has been released along with a brand new whitepaper.
The New 'NEO' Whitepaper:
https://github.com/neo-project/docs/blob/master/en-us/index.md
Now, on August 8, NEO Blockchain, China’s first original public chain project, has announced the completion of rebranding efforts from its former Antshares identity. Furthermore, NEO has upgraded its blockchain nodes, technical documents, social media, official site and exchange name worldwide, representing the transition from Antshares 1.0 to the NEO smart contract system 2.0.
Furthermore, Neo's CEO has announced some interesting changes in management which are sure to get some attention:
Da Hongfei, the founder of NEO, told Bitcoin Magazine:
“NEO’s development hinges on two important teams: one is the Shanghai-based development and management team, while the other is an international team called “City of Zion,” purely supported by the community, thanks to a huge number of volunteers for NEO.
With the combination of Chinese and Western innovation, NEO represents something that no other blockchain can offer and I propose that attracts investors to trade their bitcoin for NEO. If the goal of blockchain technology is to connect people into the new economy than surely NEO appears to be at the heart of that goal with its multicultural and multi-hemisphere co-operation.
Here are a few new videos made by NEO community members:
This is a NEO promotional video made by one of it's community members for the Japanese market
Here is a new video that explains NEO in English...
Here is a link to NEO's new website which I think is very impressive:
In addition they have brand new wallets which can be downloaded from this page:
Techblogger Wrap Up
Based on my research I can honestly say that NEO has impressed me. It's community its just as strong as Ethereum's and its recent management decisions have been very intelligent in my opinion. I have a lot more faith in the new NEO than I did in the old Antshares and all this from a company that has been around less than a year.
In the world of cryptocurrencies things move at lightspeed. Only a few select cryptocurrencies will survive and prosper from a long term perspective and NEO is right up there with Ethereum in terms of technology however the current market cap seems quite low and that's why I've invested in it.
I don't like to give financial advice so I'll simply say that for investors interested in cryptocurrencies NEO is a great one to research and try to understand.
To prove my point, here is a recent article stating that China's government has quietly agreed to support NEO:
http://www.influencive.com/china-majorly-experimenting-cryptocurrency-blockchain-space-neo/
For western investors that are new to cryptocurrency you will first need to buy Bitcoin. There are several sites that you can do this on but here are two that seem to have decent reputations: 1.) www.coinbase.com 2.) www.uphold.com
Afterwards I recommend sending your bitcoin to one of these exchanges and buying NEO there:
1.) www.bitfinex.com 2.) www.bittrex.com
Chinese investors can trade RMB directly for NEO on several exchange platforms giving it a significant advantage over other cyptocurrencies.
Please leave thoughts and comments below.
Thanks for reading!
Sources:
AntShare: What We Know, And Why It’s Skyrocketing In Value - Medium
NEO Completes Rebranding; Announces Blockchain Partnerships - Bitcoin Magazine