/r/NEO
Neo is an open-source, community driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future.
Neo is an open-source, community driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future.
. . . Full List of Block Explorers
. . . Full List of NEO Dev Groups
/r/NEO
Something that always blows my mind about Neo compared to any other store of money and that something that seems to go over everyone's heads is if you look at the price of Neo over its lifetime, its had two 'big bursts', but lets remove those and say it stayed level at around $10 this entire time.
I want to caveat that I am doing what I discuss below it is paying me a small dividend each month and it amazes me that this is such a well kept secret. I do not work for Neo, I am not giving financial advice I just want to open the discussion because I find it incredible that this is a secret and everyone is trying to get their huge gains elsewhere when they could sit back and do what any savvy traditional investor does (take dividends at a steady rate).
If you vote you can easily get a 'dividend' payout of 12% and not do anything. If you want, sell the dividend gas and you've made a return that beats most if not all traditional tracking funds. Congratulations.
Then lets take it further, convert it to bNeo and get the best possible rate of dividend that you can get on the Neo chain. Congratulations, you are now getting 15% APY, cruising past any traditional tracking fund, sell the Gas to USD and you've got a tidy dividend.
You don't need or want the price to move its fine at $10. Unlike all other coins as far as my research can point me to, there is no need for it to move to the dollar.
So if we just leave it there, I wonder whether the $10 rate, based on the global knowledge of investing and investing in crypto AND investing in Neo, is the correct price for it, because those who are taking the dividends are keeping it at this rate. In other words I am reasonably confident it shouldn't drop from here for a long period unless people have completely missed this money printer and bail out for some reason en mass. If it goes up, good for those who are taking the dividends.
What's really crazy, is this isn't the end. Because you can
Compound some/all of that gas dividend back into Neo if you wish to, increasing your stake and increasing your dividend. Once a month, go and convert the dividend to Neo and you've got more coming in. Hell take a slice off the top to enjoy if you want.
But why do that when you have Neo Compounder which will compound the dividends for you every 24 hours.
So wait a second, there is a simple way to get a better return that all the traditional markets and compound your money?
I remember this quote from Albert Einstein: "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it"
This is exactly this situation that Neo is offering and its barely discussed?
P.S As I said this is not financial advice, but it does amaze me that this is just something that people shy away from in a space where they are willing to take huge risks on obscure_coin and not just relax.
I've been holding since 2018 and as much as I want to continue holding, I have unexpected life priorities to take care of, first, and when the dust settles I can re-invest. My NEO is currently stored on the latest version of the NEON wallet. However, I have no idea what I'm doing or how anything works and I'm the kind of person that invested and then forgot about it, up until now, and it seems so complicated to sell my NEO since I reside in the USA. I see converting it to USDT on Flamingo is one of the most popular options, but what do I do after that to actually turn my NEO into USD?
Any help and guidance that anyone can provide will be GREATLY appreciated. Thank you in advance
Hello everyone!
Neon Wallet Mobile v1.3.0 is here! Bringing all the power of the desktop features to your phone! Now with Neo X support, enhanced Ethereum support and EVM compatibility, plus bug fixes!
Update now and experience smoother and more powerful asset management on the go ➡️ https://www.coz.io/neon-wallet
Staking reward rates are going crazy on neoburger any explanation?
Like the title says...no balance on my mobile neon wallet but it does show my tokens as being in the wallet...anyone else seeing something similar? Thanks.
Hi all,
I was looking into NeoX to try and deploy some contracts and develop my project on the network. Is there any docs that can be helpful? I'm finding it hard to find information on how NeoX works.
Tbh I also did not spend much time but maybe some of you have some docs for devs of useful tools. Thanks you!
Hey guys, am I still able to migrate my NEO from Legacy to N3? I bought it back in 2018 and have been out of the loop. I appreciate any information and responses.
Thanks!
Hi all, I have a Ledger Nano S and would like to swap GAS to Neo. I was previously able to use Flamingo for this, by directly connecting my Ledger. However after having update my Neon wallet to the latest version, I'm not able to get a signature.
Flamingo does recognise my wallet and holdings, however when try to convert GAS to bNeo it's stuck on the "Waiting for signature..." loading screen.
Is it still possible to use Flamingo in combination with Ledger (and Neon wallet) to do this? Is there anything I could try to fix this issue? Thanks!
I'm getting an error message in the new wallet saying "Can't claim gas because balance will not cover network fees." I do have some NEO in there though, just 0 GAS.
My address is: NQLhrf5zESEA6kTf7dUsRWYvperyRp4waD
Is there maybe a better workaround for this catch-22?
Thanks in advance!
I migrated my NEO and I thought my Gas in 2022 but my Gas isn't showing up anywhere in my NEON wallet. My wallet has 2 accounts. 1 has my 100 NEO and the other has nothing. Anyone know how I can claim my gas?
When I go to Account 2 which has a 0 balance and try to "import account" and paste in the Gas address it says, "! You wont be able to use the assets in this account!"
Binance will not allow me to trade it to another currency because im in the USA and they require KYC to trade.
There is no other exchange I can find that isn't banned in the USA where I can trade it either.
Is this NEO really just lost?
I've been sitting on this since 2017 and now that Binance is no longer available to me, what are my options? I dont think Binance.us has exchange options for the token either.
Any input would be appreciated.
I used to stake legacy Neo on the neon wallet. I have migrated to N3 and there doesn't seem to be a way to vote using a ledger. Does anyone have any guidance?
The exchange where I've held my NEO (Binance.us) is shutting down in my region. I had to withdraw all my assets to find that NEO was still on the legacy network and was never migrated. I have 3 NEO now in my wallet and I am trying to migrate however I am unable to cover the 1 GAS fee. I found a single exchange in my region where I can purchase GAS so I did but I am unable to transfer the GAS to my legacy wallet as the GAS is on the N3 network. What am I supposed to do here?
Insane that these cryptos not only create these hoops to jump through but also charge them fees for it...but I digress. I just want have my NEO earning GAS in my Neon wallet.
Hey guys, I usually can figure things out but this is driving me nuts.
I use NEON wallet and occasionally move NEO/GAS to Atomic Wallet but Atomic Wallet has been having issues with NEO/GAS for a while now where you can't swap or send anything out of Atomic. So if I send Neo/Gas there it's useless. I'm trying to sell some Gas to move into some other crypto but every other wallet or exchange I try to send to gives me an "Invalid Format" error in NEON. The only one that doesn't is Atomic... I have tried like 5 exchanges and like 10 wallets. I don't understand what I'm doing wrong. I have even tried using Flamingo to exchange to BNB or ONT as they are supported by more wallets but I constantly get issues.
I don't have whitelists or anything in place with Atomic so I just didn't know it's driving me crazy. Any ideas? Is this a bug in Atomic? Are there issues with NEO rhst exchanges aren't accepting it?
I just want to move this gas into something more liquid, I've been generating it for so long and want to finally get some returns.
Hi everyone,
I have a question regarding my GAS rewards. A couple of years ago, I installed the N3 wallet, transferred my NEO to it, and connected to a voting site, which allowed me to generate GAS. However, since October 23, I’ve noticed that I haven’t received any GAS distribution, or at least not as much as I used to.
Yesterday, I installed the new Neon Wallet, but I’m no longer receiving any GAS rewards at all. Do I need to do something with the voting site or make any changes to start earning GAS again? Any guidance would be greatly appreciated!