NEWSBTC: NEO, GAS Surge on NEX ICO

  • Tuesday, 04 September 2018 23:36
It’s Invest Diva's Kiana Danial https://www.investdiva.com/ with NewsBTC and here is your cryptocurrency update. Among top gainers on Tuesday and in the past week, have been NEO, and its counterpart token on the NEO blockchain, GAS. NEO continued its gains by over 7% while GAS jumped 13% by the end of the trading day. The gains could be due to the NEON Exchange ICOwhich started on September 3rd. At the ICO launch, participants were able to contribute with NEO, GAS, or both NEO and GAS combined to receive NEX tokens according to the NEX press release. Round 1 of the sale started Monday, September 3rd on the first block after 18:00 UTC and will end Friday, September 7th on the last block before 18:00 UTC. Round 2 of the sale will start Monday, September 10th on the first block and end Friday, September 14th on the last block. If the current bullish sentiment persists, we could see further gains in both NEO and GAS. A bit about these cryptos, NEO, also known as China’s Ethereum, is a blockchain platform that facilitates the development of digital assets and smart contracts. It has two native tokens; NEO and GAS. NEO is currently ranking 14 based on market capitalization, while GAS is at 76, with a total supply of around 17 million compared to the 100 million total supply of NEO. On the other hand, NEX is an exchange that enables transfers across multiple blockchains such as NEO and Ethereum. Their payment service enables third-party smart contracts on NEO to send and receive global assets such as NEO and GAS as part of their computation. While NEX has received regulatory approval in Europe, their NEX tokens have not been registered under the United States Securities Act of 1933, which means if you are in the US, you probably won’t be able to take part in their ICO. But at the end of the day, NEX, NEO, and GAS are all interconnected! Now I’d like to hear from you. Have you joined the NEX ICO? What are your thoughts on the NEO marketing and the future of NEX? Let me know in the comments, and subscribe for more updates!

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