Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10 - page 90. (Read 241278 times)

Need help in understanding NEO block timestamps. If I am participating in an ICO and it time based. Since NEO does not have gas war like ETH, WHat should I do to beat others in this NEO block time war?

https://www.youtube.com/results?search_query=Phantasma+coin

Asians behavior what they always do. Rip dead creation of the West and exchange it as their have. NEO gauze probes confidential.

It was originally antshares, then rebranded as Neo, to represent the new smart economy. Think Neo admins would need to address this question regarding token as security

If you have a passive income isn't it then absolutely sure that this token would be qualified as a security?

What is Phantasma? is it going to run on ether/neo or its own blockchain? The name itself sounds quite interesting

compared to other great coins, Neo is one of a few that offer great stakes, one can earn gas simply by holding Neo in their wallets

I am not very clear about the technology of the NEO coin project, but the market operation is absolutely first-rate. It is said that the name is ready to change recently.

Still loading up on $NEO guys. The more you have the more $GAS you accumulate and more airdrop coins you get. #NOBRAINER

NEP5 ICO Asura Coin

Asura Coin find original article at this link https://www.entrepreneur.com/article/313772
Asura Coin Website https://asuracoin.io/
Telegram https://t.me/AsuraCoin

Peter Shen, 29 year old entrepreneur from New Zealand is harnessing the power of blockchain, in efforts to revolutionize and completely
technologize the eSports world.

His decentralized gamer’s paradise “Asura World” aims to provide solutions and alternatives for  many of the issues which plague the current gaming and eSports-service landscape, and create a new era of digital reality for competitive gamers.

“Asura World takes all of your favorite things about the competitive gaming scene, and combines them all under a single roof, streamlined with finality, untamperable transactions, and multiple smart contracts.”

The revolutionary super platform will offer live tournament streaming, unique community voted betting, professional guides, community matchmaking & tournament hosting. Powered by the Asura Coin, a utility token where users are able to earn through any one of the platform’s features, in proportion the value they provide to the ecosystem.

Shen’s core idea is that gamers should have their own ONE place to congregate as a community, be able to earn & spend doing what they love, and believes Asura World will empower them to do just that.
How Asura World is Revolutionizing the eSports Industry

In addition to enabling gamers to make a living out of their hobby, there are a handful of issues & obstacles in the eSports community today which Shen sees as resolvable through blockchain technology.

The first of the existing issues arise from old, centralized systems, which bear the risk of bad actors. These systems - especially betting platforms - have garnered a poor reputation in recent years, leaving customers dissatisfied with slow withdrawal times, leaking their personal details, or even flat-out withholding their winnings.

“Blockchain gives Asura World the ability to remove the faults of middle-men and outdated platforms, and allows us to facilitate a value-rich, positive community via incentives.”

Asura World is being built on the rapidly-rising NEO blockchain, a Chinese built blockchain that focuses on community adoption. By utilizing an innovation known as “smart-contracts”, they’re able to automate various processes – especially those involving bets, wagers, and pay-outs.

These processes benefit not only from their automation, but also tamper-proof security provided by the NEO ledger. This significantly speeds up transactions and provides users with peace of mind that no middle-men can withhold their winnings nor interfere, finality of payment.

Being 100% eSport-focused, the platform is constructed with all the necessary information and services to deliver the most comprehensive experience whilst immersing the user in a self-contained eSporting environment. Shen points out the core mechanisms of Asura World are: community matchmaking, tournaments, professional guides, user created betting, and a giant community hub of endless content, whilst strongly reporting that this entire super eSport ecosystem is simply not possible without blockchain technology, and with this technology the costs are fractioned enough to create 'digital reality', a term they refer to a self-sustainable multi-mechanism platform.

A second pain point of the current era of eSports can be related to the community. Perhaps in part related to the anonymity of the internet, the behavior of a growing population of users can often tend towards being toxic or abusive. While eSports are poorly checked and regulated, toxicity amongst the community has only been growing unrestrained.

To crowd-out such behavior, Asura World has a self-regulatory reward protocol that allows all users to regulate each other, administrating punishment through voting, instantly muting the user. Incentivizing users with rewards based on accuracy & frequency, which encourage more positive participation and contributions of value, carefully designed to cultivate a much more constructive environment.

Using cryptocurrency also eliminates the international restrictions associated with traditional money, allowing virtually anyone with an internet connection to participate.

“We want to knock down international walls, and empower people from all around the globe to thrive in our ecosystem, regardless of their race, gender, or the currency they use.”
Next-Generation Funding

In order to accelerate their project, Shen and the Asura World team have decided to leverage the new and innovative “initial coin offering” process, also known as an ICO.

This involves issuing their platform’s native Asura Coin to investors in exchange for funds raised in NEO, a well-established cryptocurrency and community.

Their ICO begins on the 2nd June, where they hope to raise a USD $12 million equivalent of NEO, over a duration of just under a month.

In-depth information about the Asura Coin token sale, including details on early-bird bonuses and contribution amounts can be found on their official website, https://asuracoin.io/.
About the Entrepreneur

Peter Shen is a 29 year-old entrepreneur from New Zealand, having established his first company, a marketing company, with a friend during University, however 3 years later due to an unfortunate accident that required a long recovery period, the co-founders split. Afterwards Shen created Fresh Koha, a premium food & beverage brand sold in China, Fresh Koha was later acquired by NZBC LIMITED, a partner of Taobao & TMall, one of the World's largest e-commerce websites both owned by Alibaba Group , and Shen partnered with NZBC LIMITED creating brands such Farmers Delight.

With the success of Fresh Koha and NZBC LIMITED, Shen joined with a long time friend to create Asura World, in what he believes is the necessary first step towards a sustainable 'digital reality,' he believes strongly in Jack Ma's famous quote: "Don't try to be the best, be the first."

Phantasma protocol also based on Neo but going to launch own blockchain? I noticed, that Neo tokens have more hype, but Neo with going to swap own blockchain had a huge xx (like Ontology).

Feel like there's going to be a wave of free airdrops coming to NEO hodlers too, another reason not to sell! NNS is another that is getting airdropped soon.

Wouldn't be very surprised if NEO isn't at least 500 dollars a piece by the end of the year.

The lottery is actually the most equal way - anyone has the same chance to get it. Usually at hyped ICOs, you have to click by the second, site crahes, people pay enormous ether gas to get in... I believe City of Zion made an example how serious ICOs should be conducted in the future!

NEO is definitely worth holding imo. The passive tokens received from GAS plus the pipeline of NEP-5 tokens makes it a standout. There is a reason why it has increased so much in recent months and there is no reason why it can't hold its value as more projects use its platform.

Wow, thanks for sharing the link, a picture = 1000 words. This is impressive, Neo ecosystem value is increasing with time! Best of luck to Neo!

do you mind telling us what was the price you paid for Neo? There still lots of potential in Neo, as its ecosystem just start to grow 

check their website, all is explained

Ok, thank you. When they going launch maiinet? CPX (Apex) also want to do same? WHich project perspective? Do you know other upcoming ICOs based on Neo platform in near future?

 During his speech at the Amsterdam conference on April 14th, 2018, Da Hongfei announced NEO would be adopting a new organizational structure. Following a period of trial operation, we are now convinced of its feasibility. Here is an official announcement on NEO’s new structure:

    The NEO Council has been officially reorganized into the NEO Foundation, co-chaired by Da Hongfei and Erik Zhang, both of whom shall execute decision-making power.

    The two units fully funded by the NEO Foundation are NEO Global Development (NGD) and NEO Global Capital (NGC). NGD, dedicated to technological R&D, community operations and marketing, will execute strategies outlined by the NEO Foundation. NGC, the for-profit licensed fund management company registered in Singapore, will act as the investment arm to enforce the development of high-quality blockchain projects. Though NGC is fully funded by the NEO Foundation, the funds under its management may have other limited partners.

    The NEO Foundation will also be an early sponsor of a non-profit organization whose purpose is to enhance academic research on state-of-the-art blockchain technology. This organization is independent of the NEO Foundation and open to all industry practitioners.

    We hereby clarify that the structure specified above took effect as of April 1, 2018.

Considering NEO is just now gaining traction I agree we will see alot of ups and downs. I think alot will depends on the quality of the projects joining the NEO Ecosystem. So far there are several with great potential and the teams all seem to be motivated to succeed.

I have faith in the long term potential of NEO and will continue to hold through the ups and downs,