What is the purpose of NEO.

in #neo7 years ago

The purpose of holding NEO is:

  1. you collect extra service charges - system fees paid with gas (which have the ability to become significant as the platform ramps up and volume comes online)
  2. You actually generate/synthesize the gas token used on the platform to pay fees to NEO holders
  3. You have voting rights as implemented
    The GAS from synthesis and from ESC fee collection goes straight to your wallet in real time and based on the weighting of your NEO holdings.
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