NEO’s price has experienced quite some volatility over the past few weeks. There was a strong bullish sentiment for NEO in the beginning of the year, with a peak price of $191.26, after which it held strong against the market crash. But it started to crumble after the Ontology airdrop and some widespread FUD.
NEO’s smart economy is taking a solid shape, with a lot of new applications being built on top of its blockchain. Nonetheless, the project has received some negative press as of late.
In this article, we present an update on some of NEO’s developments, criticisms, and future prospects.
NEO Smart Economy
The NEO team defines their idea of the NEO smart economy on their website:
Digital Assets + Digital Identity + Smart Contract = Smart Economy
This means that NEO…