If you are like me, you accompany every amusing media approach for any abeyant ICO you are activity to advance or are agog on.
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If you appointment the neonexchange.org website and annal to the basal (at time of writing), you will see at the bottom — links for twitter, affiliated in and medium, but no telegram.
Twitter: about 50,000 followersLinkedin: 1,700 followersMedium: 5,400 followersTelegram: No official channel
However, a chase on buzzer shows this channel, ‘neonexchanges’ as able-bodied as ‘NEONexchangeorg’ with aerial channels and reposts of official NEX posts
These are all affected buzzer channels. This approach has 9000 followers already. I would assumption that a affected ERC-20 abode will be acquaint on the day of the auction and addition will abatement for it. Hopefully the association will aces up on this and bodies acquisition out its a betray channel. Please be aware
The NEO belvedere and bill don’t accept their own decentralised belvedere to barter on. Ethereum and its erc-20 tokens accept etherdelta and idex, but NEO bill accept no belvedere to do P2P trading. This is area NEX comes in. It is basically the etherdelta or idex of NEO NEP-5 tokens. You can buy and advertise NEP-5 tokens afterwards a agent or cat-and-mouse for exchanges to account it afterwards unlocking of the tokens.
It still uses the NEO blockchain but additionally a additional off-chain analogous engine. What the agent does is signs orders and matches them, as able-bodied as executes the order. the DEX is abstracted and acts as an interface.
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The affiance is that
but of advance we aren’t there yet.
You can buy market, you can buy at a set amount or allowance barter with NEX. There are no stop losses mentioned in the whitepaper 🙁
However there will be a JSON API so you could apparently address a bot that can do stop losses.
NEX, in the approaching will additionally abutment accepting ETH or added cryptos to pay for casework or to accomplish transactions. Application this account is agnate to application casework like RadarRelay with ETH and WETH — the NEO needs to be captivated to XNEO and affairs performed via XNEO. Annoying but this is the workaround to acquiesce acute affairs to assignment on NEO.
Being able to do cross-chain, eventually NEX will acquiesce authorization currencies, arch to decentralised banking. This would be abounding years bottomward the track
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Holding NEX gives you a allotment of fees generated. This will be miniscule in the aboriginal few months or years of the platform.
Tokens: 50 actor total 50% public. 1 nex — $1 USD — Hardcap of $25 actor USD20% Founders15% NEO council10% Partnerships4% Fund1% E.S.O.P
Round 1 — $1000 USD per being capRound 2 — $9000 USD Per being if Round 1 not awash outMarch 12th — Registration and KYCMarch 31st — Lottery winners announcedApril — NEX auction begins
Alpha affairs are implemented while “prototypes for the trading interface and analogous engine” accept started — i.e. almost any cipher has been accounting to appearance any array of demo — NO MVP
Ethan Fast — Creator or NEON Wallet and Co-Founder of City of Zion. The NEON wallet is the better NEO wallet appropriate now and to accept Ethan on the aggregation is a massive massive win. Even I am excited
Fabio Canesin — Research engeinner and co-founder of CoZFabian Wahle — CoFounder of CoZThere are additionally a few added City of Zion aggregation associates and developers included.
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Da Hongfei — Founder of NEO. I am about to abatement off my chair. Anyone bethink OmiseGo and how Vitalik Buterin was an advisor? Erik Zhang — Onchain CTO and on NEO Council. OK I am clearly off my chair.
People in the NEO association absolutely account what City of Zion accept done for NEO out of their own chargeless will and time. The association is able abaft these guys.
No MVP and not abundant coding has been done — This is not a cast unless HYPE pushes the amount anon high. I feel this will happen.
The amount will go up and again dip I feel until Mainnet barrage in Q3 2018 — a abeyant 6 ages hold. This is not like OMG area they can advertise a McDonalds partnership, as NEX is aloof NEX — a website for its aboriginal iteration
The advertising is huge on NEX, with assorted bloggers additionally appraisement it actual able-bodied in agreement of potential. There doesn’t assume to be any abatement accustomed to crowdsalers and as such the amount post-ICO should hold. Not alone this, the badge auction LOTTERY agency bodies will absence out and fomo buy post-ico.
I apprehend a dip afterwards testnet and CLI (Command Line Interface) launch. Bodies may get aflame about a CLI but in reality, a testnet barrage don’t beggarly shit. Buy added afterwards this dips. Maybe bodies can affairs bots now that can do stop losses. (side thought — It would be adamantine to do chiral arbitrage if there is accessible API).
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I don’t apprehend abundant of a dip too low beneath ICO afore mainnet launch. This is a hold. You could advertise bisected at some point and authority the blow until the end of the year or until decentralised cyberbanking comes online a few years from now.
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