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The First ICO Template For Neo Has Been Launched

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NEO has been awarded its first ICO template and it reportedly ticks all the requirements for launching a successful campaign.

The rising popularity of ICOs has given rise to the need for ICO templates and most of them are modified to suit specific needs. ICOs involving the digital currency known as Ethereum have particularly been popular. So popular that the team behind the digital currency has been creating guides on how to create and distribute tokens. Smart contracts are thus important in such dealings. The fact that Ethereum deal with smart contracts means it was only a matter of time until ICOs started popping up in NEO’s ecosystem.

The emergence of Neo ICOs has thus necessitated a template. Its availability is expected to make it significantly easier for many organizations and projects to launch their ICOs on NEO’s network. Most people prefer to host ICOs on the Ethereum network but it is clear that infrastructure cannot always handle the rapidly growing demand for tokens. This is because the Ethereum network tends to clog up every time an ICO is launched on the network, thus leading to problems.

It is currently not clear whether NEO’s network will also face the same problems especially considering that its network or infrastructure is not much better than that of its counterpart. However, it is clear that the situation with Ethereum’s ICOs might force people to shift to alternatives. The open-source nature of the recently launched template is also expected to attract a lot of attention as time goes by. But then again there is also the matter of the Chinese government’s involvement in cracking down on ICOs, and NEO developers might thus find themselves in problems for allowing ICOs to take place on the NEO network.

The developers claim that the platform is currently not being scrutinized by the Chinese government but no officials have confirmed whether that is the case. Fortunately, NEO’s ICO templates overcome some major problems involved in ICOs through various features such as inbuilt refund capabilities. Another vital feature is the ability to reject transaction when necessary. This can be applied especially in cases where people attempt to send money after the crowdsale is concluded. Transactions in such cases will be rejected which means the money will not leave the digital wallet of the sender.

One of the most impressive aspects of the new template is the fact that it adheres to KYC regulations. Any NEO address involved in an ICO has to be approved through a KYC service. An address automatically becomes eligible for an ICO upon verification. These measures are aimed at making ICOs safer. The lack of regulation has previously aroused a lot of opposition from governments all over the world.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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