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We could see a massive NEO price surge shortly, here is why

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NEO
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NEO is a distributed network for the Smart Economy. It was produced to establish a scalable network of decentralized applications. The blockchain network supports a lot of high-level programming languages, thus, making it possess unique features that are capable of enabling it to become one of the best blockchain networks in a smart economy.

Nevertheless, even though NEO is decentralized and a very scalable network, its price has dipped in the market. Last month (July) its price decreased considerably to $42 per coin. More so, at the time of writing (as of August 2nd), the price has further dipped down to $28.21.

NEO, however, occupies the NO. 13TH position due to its market capitalization ($1,834,648,975). It is important to know that it is one of the most traded altcoins in the crypto market today. Even though NEO is at the price mark of $28.33 at the moment, the team behind it is working tirelessly to make sure it becomes a notable altcoin.

NEO Upcoming Changes and Developments

Recently, NEO stated that it would start an AMA on August 2nd. The two men behind NEO, Da Hongfei, and Erik Zhang, stated that the start of the new Reddit AMA is the beginning of a new era for the blockchain network since its community is growing really fast. NEO users can come up with their questions during the AMA session, this undoubtedly is a step that shows the NEO team has confidence and vision for their product. NEO team will start answering the questions starting tomorrow, 3 August.

Moreover, questions are rising about the NeonExchange – a decentralized exchange network that is powered by NEO. The exchange hasn’t been entirely active as a result of the regulations surrounding it, and most Dapps developers want this to be cleared before the ICO of NEX coins is launched.

Many individuals have voiced their opinion about this, but adequate measures are being planned at the moment, and the community would be briefed on this very soon.

Furthermore, other upcoming developments include the launch of NEO Name Service, which was produced by the NEO’s largest community in China, NEL. The NEO Name Service will help in the production of NEO’s addresses that are compatible with real-life.

NEL is also making plans to develop an NEO-based hardware wallet known as NEODUN.  Another accomplishment of this NEO’s Chinese community is its collaboration with Trueblocks (a South Korea-based accelerator and market development team dedicated to Korea’s crypto market) to help foster NEO blockchain in the Korean cryptocurrency markets.

Additionally, NEO aims to foster a smart economy, and in doing so, it recently partnered with Certik (an official verification platform for smart contracts and blockchain ecosystem). This partnership aims to boost security and verify NEO’s digital assets and identity.

NEO recorded an increase in the number of transactions which were seen as spams. The blockchain network has highlighted its community the two parameters: MaxTransactionsPerBlock and MaxFreeTransactionsperblock. These parameters are measures recently created to protect NEO from too many transactions that may be malicious to it.

Also, the platform has advised that,

Sending transaction with fee will be recommended. It’s easy and effective. The amount of transaction fee depends on how fast you need to get transactions confirmed by blockchain. In general, one satoshi gas will be enough.”

Some last words

NEO is also considering supporting an upcoming hackathon event in Latin America. The blockchain network has said in a Twitter post that the event will be held 3rd and 4th of August in Santiago, Chile. These and many more are coming up on NEO’S platform, but will these events reflect on its price? Well, as things stand, it seems these will. Let’s hope for the greenish NEO run ahead.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Maxpixel.net

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore
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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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