Get Free NEO Coins
But there are also such distinctly different cryptocurrencies as NEO, previously known by the name Antshares and launched in China in 2014 brainchildren of Chinese founders Da HongFei and Erik Zhan. Then in June 2017 Antshares went through rebranding and became NEO. Its centralized approach, conducive to regulatory environment standards, made it welcomed amid heavier regulations that exist in many countries especially those more closely connected geographically with China like Korea or Japan.
Thus basically NEO is an Ethereum-like platform blockchain, for which reason the sobriquet Chinese Ether (DAI) fits it by common consent. However, before investing a significant amount in NEO, are you aware that there's a completely legitimate method of acquiring this coin without any expenditure? Continue reading below to discover how!
Understanding NEO
Like Ethereum, NEO is an open-source platform for a decentralized blockchain. That is what makes NEO unique - the way it embraces digital assets, integrates a digital name-and its other innovations in making a smart economy.
But to understand NEO in its entirety it's necessary to go back there. Physical assets can be digitized on the blockchain using a smart economy framework, making it possible to maintain their decentralization and traceability.
One is to produce digital assets, which are supported by the existence of digital identities. Those who desire to hold the title of an asset are required firstly to apply for a digital identity.
With digital identity and assets in place, functionality of the whole infrastructure is realized through smart contracts. Compared with Ethereum, NEO does not require developers to learn a new programming language in order to create smart contracts. This adds value and increases its appeal for users.
Beware of Scams
Do not be fooled by code generators, faucets, dole-outs and the like. Websites that dangle free crypto for you might be leveraging your identity and security information.
If you want to get your hands on cryptocurrencies in a secure, trusted way consider Cryptoset.gg!
Genuine Ways to Own NEO Crypto
If what you prefer is a straight-forward and immediate approach to getting NEO, however, buying it through an exchange for cryptocurrencies should be trouble free. Whoever wants to swap NEOs should pick an exchange that supports the token, sign up and follow the required procedures, which may include providing personal information. Then just perform your purchase by indicating how much NEO you would like to buy directly in exchange with fiat currency or crypto-to-crypto trading using BTC or ETH.
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