Blockchain company NEO had a great weekend no matter how you look at it. The company, which has made several important announcements and will add new announcements to them in the future, has had a significant positive impact on the price of NEO. This was because the network was to be used on the Ontology platform. NEO’s programming flexibility (multi-language) and entity-based functionality are key things for this new platform.
Good or Bad?
Announced and price increased However, NEO could not escape the negative comments. NEO’s centered nodes have been heavily criticized. A post was published on GitHub over the weekend with 6 reasons why buying NEO first is a bad investment. This post was personally answered by NEO official Malcolm Lerider via Medium.
The post criticizing NEO contains several “warnings” against NEO. These “warnings” were interpreted by Lerider as “fear, indecision and doubt” (FUD). It is not known to what extent the written discussions on the Internet should be taken as a pedestal. If the warnings about NEO are correct, the truth will come to light soon.
Lerider also stated that a new announcement will come after the weekend. It is not possible to know whether this announcement has already made an impact on the market or whether it will take effect after it is made. NEO price at the time of writing:
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