Price Watch: Recent Developments Look Set to Drive NEO to a New YTD High
Although NEO hasn’t been making major headlines recently, the digital asset has been doing great with its centralized approach as designed by the Onchain technology which seems quite unique and more efficient from other cryptocurrencies.
Since its rebranding from Antshares in 2017, NEO has rightfully served its purpose as a blockchain-based platform that provides the development of digital assets and smart contracts.
NEO has some recent intriguing developments and positive events revolving around its ecosystem that can bring much positive growth for the cryptocurrency. In June, the innovative strategy game based on NEO, Blocklords propelled its open beta application on NEO’s TestNet which is aimed at inviting players to get the ‘O3 wallet’ and apparently use it to log on the game by the dAPI included.Â Â
The NEO blockchain also has seen one of its subs, a freelance platform called Moonlight launch a tracking & analyzing progress tool in a report requested by the moonlight community. The platform team made mention of many meetings to discuss and plan for the health of the project.Â
Just last month, Blockchain Cuties made mention of the launch of a version of the blockchain collectible adventure game that is compatible with NEO (integrating a NEO-based non-fungible token (NFT) standard into the game).
The protocol has in the past included three public blockchains, that is, EOS, ETH and Tron. Therefore NEO blockchain integration will be the 4th on Blockchain Cuties list.Â
Moreover, NEO was recently listed on Stealthex, a Malta-based ‘anonymous’ cryptocurrency exchange. It’s a piece of great news for NEO as Stealthex is currently supporting over 200 cryptocurrencies and is planning to even add NEO-based NEP-5 tokens in the near future. NEO is brewing with other developments and in the near future can see its price soar.
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