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NEO The Chinese Ethereum could September be NEO's ICO month - OracleTimes

Published 2 years ago

NEO The Chinese Ethereum could September be NEO's ICO month - OracleTimes

Crypto Gazette via

NeoGas(GAS) can be thought of as the fuel for the NEO network GAS also has a fixed total supply of 100 million. The NEO network charges for the use of the networks smart contracts and token storage, which is paid using the GAS token. If you hold NEO in a NEO wallet you will accumulate GAS which you can think of as a “dividend” by owning “shares” of the NEO network. Currently the amount accumulating in my wallet is around 8% not too bad for owning NEO which will most likely rise in price, not to mention the GAS will also rise in price as DApps are built on the NEO network. If startups in china which currently is a major player in the crypto currency world start releasing ICO’s on the NEO network there will be an extremely high demand for NEO and GAS. If this does happen the price of both NEO and GAS will sky rocket and could go as high as ethereum or further since NEO is based in china. The languages that are currently supported are: The languages that they plan to support include: 1) C, C ++, GO 2) Python,  JavaScript The NEO network will use technologies such as dBFT, NeoX, NeoFS, NeoQS and many other technologies as the infrastructure for the smart economy of the future. With all that said could September be the ICO month for NEO it very well could be and if it is not that’s ok NEO will have ICO’s built ontop of it and until then ill hold my NEO in a wallet and collect my Neo GAS as the price continues to rise. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

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