Anyone still holding NEO? Still relevant?

ChazzleDazzle

Sup everyone. I still hold a good amount of NEO and recently looked back into the project. It turns out the team has been hard at work and the NEO 3 test net actually went live today! It looks like lots of developments are happening and the platform seems super intuitive for developers to just pickup and start creating dapps. My concern is that with ADA, ETH, BNB, ALGO, all these blockchains are competing to be "The One" (ha) and it dilutes the overall market value. Not sure if it's a lost cause or to continue holding. What do ya'll think?

Matt

ChazzleDazzle

I don't follow it as closely anymore, but I do hold some NEO myself. Would love to get involved with them in the future!

NotoriousBTC

I hold Neo. Love Neo and still believe in them. I am not really "holding" them right now, as I am staking them/ providing liquidity to the flamingo ($FLM) pool. It`s a little risky, but the APY is 71% so I could not resist.
Have had them in the pool for about 4 months now, and generated HUGE amounts of $flm.

I make more money of $flm daily than I do on my day job 🤣

Neo 3.0 is right around the corner, so I do believe Neo will be strong still.

ChazzleDazzle

@NotoriousBTC strong agree! From what i've researched there is no other project offering the amount of services that NEO 3 will, so it seems like a no brainer for developers to chose NEO over anything else. I'm holding quite a bit and look forward to participating in governance for the platform to earn high GAS returns.

If theres any NEO developers on here i'd love to heard your thoughts!

NotoriousBTC

@ChazzleDazzle
For sure. the big community behind Neo and all that's being made for the platform is what's driving it. I remember back in 2017 when the Neo foundation went around the world (literally) to colleges and had courses about Neo and how to program on it. It was genius. They went to big American colleges and was also on a Europe tour.
the developers are what's driving a project. Look at Eth and Dot. You can say what you want about them, but the fact that there is literally thousands of people developing dapps, other coins and project +++ on their platforms makes them hard to beat.
This is what ICX needs also. we do have a groving community for sure, and the whole P-REP strategy is good for developing stuff. But we absolutely need more people making stuff on Icon. Neo has been smart about this stuff and I think they will be here for the long run (sorry for my bad English. I did not bother to take the time to check my English spelling, because I guess you understand what I'm trying to say even if the grammar sucks)

peter

NotoriousBTC NEO still big. Just not talked about as much. They hype just died.

josephcorey17

This is the problem with cryptocurrency. Coins are still based on valuation on the concept of hype and not utility. This is why I believe strongly that this market isn't nearly as mature enough as we may think it is. I believe maturity will not come for at least another 10-20 years. Fiat currencies have to prove their worthlessness before cryptocurrency can prove its worth.