Democracy of Two: NEO and the Crypto ‘Election’ That Wasn’t
Early results from elections on the neo blockchain suggest the world's 12th largest cryptocurrency may be struggling to deliver on promised claims.
It used to be that downtime was unheard of on blockchain networks. As new protocols and new trade-offs emerge, that's no longer the case.
It turns out that more crypto companies explored buying BitTorrent than just Tron. Not previously reported, Neo Global Capital made a much higher bid.
Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.
NEO was the worst performing cryptocurrency over the course of August out of the world's 25 top cryptocurrencies by market valuation.
Neo 3.0 is coming, potentially bringing big changes to the protocol's economic model. But investors aren't happy.