The present cryptocurrency landscape may seem very crowded to outside observers, with analysts claiming that there are more than 5,000 cryptocurrencies and related projects in existence. However, the well-known industry leaders remain largely unaltered in their position in the market, with the likes of Bitcoin, Ethereum, Litecoin, Ripple, EOS, Bitcoin Cash, etc. consistently featuring among the top 10 cryptocurrencies according to market cap.
The cryptocurrency market is still a thriving one, with trade volumes far exceeding that of a stock or CFD trading. However, not all cryptocurrencies are primarily used for money making or trading purposes. NEO, which is a project founded in 2014, is an open source, community-driven platform for building decentralized applications. Originally called “Antshares”, NEO has been breaking milestones and has won numerous accolades in less than five years. The company is co-founded by Da Hongfei and Erik Zhang.