Here is a summary snapshot of NEO, I'm generally long with NEO since they have openly stated they are government/regulation compliant %100 and thus well seated to take the lead when it comes to crypto/regulation/ICOs.
This is a long-term play and looking to possibly add or reduce my position if any one of these scenarios take place.
Why I like NEO:
This is a long-term play and looking to possibly add or reduce my position if any one of these scenarios take place.
Why I like NEO:
- Previous high was $57 USD and has already consolidated from as low as $15 USD.
- It sits currently around the 32-35 area and has been hovering in the top 5 most traded coins on Bittrex exchange.
- Reddit subscribers steadily increasing up 20 thousand since early September late August and the count is 30K and rising compared to BTC 346K+, ETH 129k+, and LTC 60k+ subscribers.
- City Of Zion has been actively working on NEO development, has hosted Dapps competition, and have been actively trying to grow the developer community.
- Onchain's CEO is Da Hong Fei which is also the CEO for NEO, Onchain developed an email system based on blockchain for Alibaba which is actively in use. This relationship with Alibiba and Onchain will allow for NEO to thrive at an enterprise level.
- Recent Blockchain Conference held in China where Da Hong Fei was invited to speak on regulation & KYC compliant.
Source Here