Neo was found in 2014 by Da HongFei and Erik Zhang as Antshares. It was rebranded to NEO in June 2017. It is a blockchain-based platform that supports two native tokens, NEO and NEO Gas, and enables digital asset and smart contract development. Neo is the main token for the ecosystem and Staking Neo provides users with GAS, the fuel of Neo ecosystem.Both $NEO and $GAS are listed on almost all of the top tier exchanges available. The initial coin offering for the rebranded NEO was held in April 2018, and it took the crypto world by storm resulting the project to raise $100,000,000 in series A round held in may 2019.The exponential growth was both due to the hard work and foresight of the developers. Neo also updated its platform from Neo legacy to Neo N3 in 2021. Neo N3 was equipped with more powerful functionalities. These features include distributed storage, oracles, and name services. Neo N3 also boasts a simpler and more modular architecture than its predecessors, as well as an improved control model and economy. The Neo ecosystem contains everything that a crypto enthusiast can dream of. From a DEX to a NFT marketplace, Neo got u covered head to toe. Lets take a look at the projects that are built on Neo that empower the idea for a smart economy.
- Flamingo Finance
The most prominent defi in the Neo ecosystem is flamingo finance.It is an Interoperable Full-Stack DeFi Protocol on Neo. Whatever defi operations you need to to, Flamingo finance has it all. Be it Buying the tokens directly from banks, lending, converting your assets or earn as a liquidity provider. Its platform token is $FLM and it is available on most of the Tier 1 exchanges. It also has an innovative single token staking known as "FLUND" where you stake $FLM and the value of $FLM increases every second.
You can visit flamingo finance at https://flamingo.finance/
2. Ghostmarket
The most used NFT marketplace in Neo ecosystem is Ghostmarket. It is the first Multichain marketplace that supports 6 chains and is still planning to add more. It currently supports Neo, BSC, Phantasma, Avalanche, Etherium and polygon. Ghostmarket has the most versatile and active team in the crypto space. They always bring new competitions to rewards NFT artists. Its platform token is $GM. Ghotmarket has also launched a trading incentive program where you can earn $GM token just by buying or selling NFTs. How cool is that!!!
Ghostmarket also has a single token staking known as "GFUND" which allows users to stake their $GM and earn.
You can visit ghostmarket at https://ghostmarket.io/
3. Pink Paper
Just like a football field is for soccer players, a parliament is for politicians, Pink Paper is for bloggers, specially Web3 Bloggers. pink paper provides a decentralized blogging platform where a blogger's content will remain on the web forever. The main objective of Pink paper is to improve the delivery of Blogs or Articles to the public and to enhance the quality of Bloggers. When the system is centralized, powerful entities begin to act as regulators removing what they see as a challenge, pink paper solves this issue by providing the creators full authority of their content. Only the creator can remove or edit their content. Pink paper also provides the bloggers full freedom of speech. The creators can express themselves freely without the fear of their content being removed. one special feature of pink paper is that it keeps saving the blog after some seconds so you never lose your time if the device where you are working closes unintentionally. Pink paper also has some tutorial for new creators so you will never have to wonder where to start!!
you can visit pink paper at https://pinkpaper.xyz/
4. Forthewin network
Forthewin network is a platform where you can swap your tokens, farm new tokens by becoming an LP, Create NFTs by locking your tokens for a specific time. The best feature of this platform is that you can create your token without coding with the help of FTW smith. One of the best example of this is "Frankcoin". "Frankcoin" is a fast growing community with a very ambitious and versatile creator "Mr. X".
P2E Games
Neo ecosystem has a number of P2E games where players can earn a significant amount of money while playing. Dogerift is the best example of this. Players need a Dogerift NFT to play this game. It is a very popular game on the neo ecosystem. Somniumwave is onother game in development where users can earn $SOM(somniumwave native currency) while playing. It is the most anticipated game in the space. Mr. X of frankcoin is also developing a game where users can earn various neo tokens while playing the game.
As you read above, Neo is a full package for any crypto enthusiast. It is a blockchain to bet on and is a major competitor of Etherium.
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