NEO founder Da Hongfei: The more you fear the decline in the price of the coin, the more it will sell; the more it sells, the faster the price drops.
NEO coin, founder of Onchain Distribution Technology, said that there is not a good way to make a correct valuation in the blockchain industry, and there is not much fundamentals to look at, so the valuation of the project Emotionally driven is very serious, and now the market is not confident enough, and the valuation of many projects has naturally come down. The more you fear the decline in the price of the currency, the more it will sell; the more it sells, the faster the NEO price falls. This is a vicious circle.
NEO blockchain game contest ended: 248 teams participated, 39 projects were shortlisted (promotion)
The NEO Blockchain Game Contest, hosted by NEO Blockchain Game Platform BlaCat, officially ended. In the first competition, there were 248 participating teams, 60% of whom came from overseas, and eventually produced 39 finalists, and produced a number of awards including technical effect award, design effect award, business value award, and game creativity award. BlaCat founder Chen Xi said that the BlaCat chain travel platform will mature in the next six months to one year, and this requires game developers and even the entire industry to promote together to find a win-win model to accelerate the pace of NEO game ecological construction. The era of chain travel really entered the public life. Officials said that the BlaCat chain travel platform is negotiating with the NEO Game Contest winning team. Once the agreement is reached, the former will be escorted by a large number of high-quality DApps in the early stage of the platform.
NEO main network introduces CGAS to map GAS in contracts
The NEO main network has introduced CGAS to map GAS. According to NEO Smart Economy, digital assets include global assets (NEO and GAS) and contract assets (NEP-5 tokens). GAS does not directly support the contract, so CGAS and GAS are introduced for redemption. CGAS is a NEP-5 contract asset with a 1:1 ratio to GAS and 100 million CGAS and GAS.
Blockchain company O3 Labs announces launch of its desktop version
According to Ambcrypto, O3 Labs, a blockchain company based on NEO technology, has announced its desktop version, which supports NEP-5 ONT, ONT, ONG main network, token migration and Ledger. NEO coins are now quoted at $19.76 , dropped 3.62%, current NEO market cap is $1,284,102,357.