2019 is a big year for ICOs. Maybe not as big as 2017, but still, it’s successful. In fact, ICOs raised $346,089,025 in 2019, so far.
As you can see, ICOs are still popular in the crypto space as fundraising method. That hasn’t changed yet. However, one thing that is starting to change is the choice of the platform for building ICOs.
According to the CoinSchedule, more and more ICOs are making NEO their platform of choice, instead of, for example, Ethereum. But, the question is why?
NEO – challenging the Ethereum’s dominance
NEO, often referred to as “The Ethereum of China,” is an open-source platform for building decentralized applications. Compared to Ethereum, it has numerous advantages including:
- NEO is more flexible: The platform uses pre-existing programming languages such as Java, Go, C++, etc. In contrast, Ethereum has one, its own language called Solidity, which means that developers have to learn a new language.
- It has more options. NEO allows building not only smart contracts, but other applications as well. For example, it can be a secure communication protocol, quantum-safe mechanisms, file systems, etc.
- NEO is faster. At the moment, Ethereum is able to handle around 10 transactions a second, while NEO can handle 100,000 transactions a second.
These advantages are just some of the reasons why more and more startups decide to build ICOs on NEO. And now, let’s take a look at successful ICOs built on NEO platform.
Successful ICOs built on NEO platform
APEX, a blockchain-based data and interactions exchange, held its ICO in January 2018, and it raised $25 million. The exchange is built on top of the NEO platform, and it allows users to maintain control of their data and who can use it.
Another successful ICO built on NEO blockchain is Zeepin. It’s a decentralized crowdfunding platform built for creators and creative assets. Zeepin held its ICO in January 2018, raising $60 million.
Now, let’s take a look at current and upcoming ICOs that are built on NEO blockchain.
Current and upcoming promising ICOs built on NEO blockchain
One of the current NEO-based ICOs with a popular airdrop, is Novem Gold. It’s the first gold-backed stablecoin, changing the way gold is traded and stored around the world. But it’s not the only ICO worth of your attention.
You can claim free NVM tokens with their airdrop today by clicking here.
Let us introduce you to Bitacademy Football. It’s a decentralized, NEO-based platform for delivering football solutions.
With the help of blockchain and tokenization, Bitacademy wants to build academies and help football talents to turn their dreams into reality.
And last but not least on the list of current ICOs is CryptoMarketAds. It’s a NEO-based platform that solves crypto advertising and marketing problems. How? CryptoMarketAds connects crypto market publishers and advertisers in one place, where they can cooperate.
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