What is NeoBTC?

What is NeoBTC? NeoBTC is a Bitcoin asset based on the NEO network, and is curre

What is NeoBTC?

What is NeoBTC? NeoBTC is a Bitcoin asset based on the NEO network, and is currently one of the highest circulating cryptocurrencies in the market. The coin was launched by the US non-profit organization Neo Foundation in 2017, with the goal of becoming a decentralized financial project and gaining support from numerous investors by the end of 2020. Over the past few months, as the market price has risen and holders have realized the increasing functionality of NeoBTC, people have started to understand this new project and its underlying technological principles and characteristics.

Technically speaking, NeoBTC can be used for value transfer using blockchain, including smart contracts and wallets. Due to its support for storage and trading of various digital currencies, NeoBTC has also gained demand from many users for payment, lending, investing, and financial management purposes. What is NeoBTC? According to the latest news, NeoBTC has received strategic investment from Binance Labs, as follows:

1. Provide infrastructure to support developers and help deploy NeoBTC quickly; 2. Allow the community to participate in the development of NeoBTC; 3. “One-stop” service platform to help development teams create new DApps and applications (such as exchanges or wallets); 4. Raise funds through token sales to incentivize early adopters and contributors to ecosystem development; 5. Support the construction of the NEAR protocol and developer tool testnets; 6. Developers can build and release dApps and DApp for the Nervos ecosystem on it.

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