Wouldn’t it be great if the NEO platform could start launching ICO’s without any more stumbling obstacles? Actual, legitimate, ICO’s that can launch under full compliance of CSRC and SEC guidelines and actually maintain their compliance while giving serious investors an avenue to financial gains without the concern of another scam coin failing. Well, that may be happening extremely soon as the U.S. based company ProjectICO has established a team to execute this.
With legal teams in play as well, the collaboration between the ambitious ProjectICO team may propose the solution to the known potential that NEO has to offer. The third quarter of 2017 proved NEO as a top contender after it jumped up the ranks and made it into the top 10 highest trading volume cryptocurrencies. As many investors know, shortly after NEO’s exploding gate opening run, the Chinese Government had issued an ICO ban which halted the rise and ultimately lead to massive sell offs, roughly 30%, and fear for most holders. Since this has occurred, we have been reassured by Da Hongfei that the NEO Council has a goal to remain in compliance with government regulations and that Da Hongfei is a member of the regulations review board. Skepticism still lurks amongst the community however NEO has been teasing its followers with numerous announcements for the upcoming week. Many are suggesting that China may be lifting the ICO ban; some say that only NEO may have been awarded to be the chain for China to allow ICO’s, and of course many people still say this is all fake news. Until NEO releases factual and formal statements, I will not be one to speculate the news either. However NEO did release a statement about ProjectICO on Twitter just a few days ago mentioning the turnkey token sale firm to be switching to NEO as the preferred platform moving forward. I know that I will be watching the announcements and following NEO news very closely amongst sources, social media, and forums. NEO will be hosting a very important web AMA on NEO subreddit with ProjectICO founder Stephen Hyduchak at 10am Eastern Time Monday November 20, 2017. They are also going to be in New York, NY for the NEO meetup on the following Monday November 27, 2017.
This is going to be a very exhilarating next couple of months here to close out the fourth quarter of 2017. We have seen many amazing projects and tokens get launched which have offered very positive gains for investors amongst all experience levels, but the greatest is yet to come.
It makes no difference to me.
From what I know people can bend the rules in China and do whatever they want with their money.
