NEO currency is a stupid project. There is nothing at all. Later, it was all played by the capital. Dahongfei had few coins in his hand.
In the middle of the night of July 3, a recording of the ‘Chinese Bitcoin's richest man’ Li Xiaolai's spicy commentary circle and the head blockchain project was madly transmitted online. This nearly one-hour dialogue, at a time, promoted the whirlpool of opinion by NEO, which is known as the ‘China Ethereum’.
Before then, NEO has already caused constant discussion and anxiety among holders for its poor code updates and poor market performance. Due to the fact that it is said that 2018 is the year when the bottom public chain broke out, there has been a big wave of public chain outcrops, but NEO has been tepid for a few months.
On July 11, even the founder of Neo preached latest Token container theory on a Blockchain Develops BBS, blockchain followers didn’t get attracted at all. Some people commented that why don’t he said Token is his way to make a fortune. In the eyes of the currency holders who know the past of NEO, this year's public chain competition is very fierce. If NEO is not active, it will be a matter of time before it is eliminated.
The public star who fell into the cloud
Small ants, quantum, and public treasures, used to be the ‘three carriages’ of the domestic public chain. Among them, the ‘small ant’ officially established in 2014 is known as the first original blockchain project in China. It was open sourced in real time on Github in June 2015; when crowdfunding started at 9:00 pm on October 20 of the same year, 40% of the fundraising was achieved in 24 hours. On June 22, 2017, Xiao ant completed the strategic upgrade of the decentralized financial trading platform centered on ‘digital assets’ to the intelligent economic distributed network and changed its name to ‘NEO’, which symbolizes a new beginning.
A new public chain CTO told that he is very envious of NEO because it completed the original capital accumulation during the prime time of the ICO, and it is difficult for the latecomers to encounter such a good opportunity.
As the ’star’ of the early domestic public chain, the small ants pinned the expectations of many blockchain people, and there was no one in the limelight. In 2015, the small ant QQ group was one of the few active communities in the chain. More than 500 people in the group had recorded up to 73,000 lines of chats in more than one month, including consensus mechanisms and equity crowdfunding. , the future discussion of the blockchain. Its founder, Da Hongfei, is also the ‘red peach K’ in the coin celebrity comics playing cards.
This is related to the good news of NEO's strategic upgrade. The small ants/NEO, which has been on the online trading since it has been floating around $1, showed significant price changes in mid-June 2017. CoinMarketCap data shows that since then, NEO has created a thousand times of good performance. On January 15, 2018, NEO price once surged to a historical high of $196.85 (crowdfunded price is RMB 1), and the NEO value exceeded $11 billion. In February of this year, Da Hongfei even stated at the NEO DevCon conference that NEO would become the world's number one blockchain project by 2020.
However, just when people thought that NEO's front was ‘all the way down’, NEO price fell below 100 US dollars on March 9 after a period of small oscillations, and the market value of that day shrank to about 6 billion US dollars.
All the fame became history - NEO history
The doubts hidden behind the scenery came out at this time. In March, some netizens issued a post questioning, NEO block performance is poor, does not have the technical characteristics of Dahongfei’s claimed platform ‘supporting 1000 transactions per second’; in addition, the DBFT consensus mechanism adopted by NEO project makes the network The risk of being attacked is higher. They pointed out that NEO is actually a centralized chain and worried that as more and more ICO are carried out on NEO, their advertising performance will be seriously different from actual performance.
A few days later, Da Hongfei responded to the questioning of netizens one by one. But this response ultimately failed to restore the trust that NEO has lost. In the overall bear market of the cryptocurrency market, NEO prices have not improved much so far.