NEO NEO to Quantstamp QSP Exchange

Crypto Pair Details: NEO to QSP

NEO NEO

NEO is a next generation smart economy platform (formerly Antshares) and China's first open source blockchain that was founded in 2014, is often known as the “Ethereum of China”. What is NEO? NEO uses a smart economy approach to implement its distributed network concept. Its main objective is to digitize assets using the decentralized network of blockchain technology and digital identity. Neo’s main aim is to be the distributed network for “smart economy”. As their website states: 'Digital Assets + Digital Identity + Smart Contract = Smart Economy.' Neo was developed by Shanghai-based blockchain R&D company “OnChain” and funded by two crowdsales: first crowdsale on October 2015 sold 17.5 million NEO tokens for $550,000 and the second crowdsale sold the remaining 22.5 million NEO tokens for $4.5 million. So why NEO? Asset digitization and identity on the NEO platform essentially creates a novel way for asset registration, issuance, and circulation. This means that tangible assets like real estate, company shares or even fiat money can be digitized and traded on the NEO network, thus giving rise to a whole new economy. Its digital identity system allows for integration between the platform and the real world economy. It has custom digital identity standards that enable the creation of electronic identity data for individuals, organizations and even entities. These electronic systems use multi-layered authentication models that include facial and voice recognition as well as fingerprints. All digital assets on the platform enjoy legal protection thanks to the use of digital certificates on its public blockchain. This, in turn, guarantees trust as the system offers an indelible and unalterable record of all entities’ holdings.

Quantstamp QSP

Quantstamp is a security-auditing protocol for smart contracts. As a apps platform, Ethereum has proven its security time and again. However, apps and smart contracts on top of Ethereum may still have bugs in which malicious players can cause havoc on the network. The two most notable examples of these being the $55 million DAO hack and the $30 million Parity wallet bug. These issues not only affect the people who’ve had their funds stolen, but they also diminish the credibility of the entire ecosystem. Quantstamp is making smart contracts more secure through automated software testing and a system of bug bounties. Although starting with Ethereum, the team is building the protocol to be available on any DApp platform in the long run.In an industry where security is a primary concern and bugs have caused the theft of millions of dollars, Quantstamp should help to legitimize blockchain projects and ensure that large-scale smart contract hacks are a thing of the past. Quantstamp held a successful ICO in November 2017 in which the team raised a little over $30 million dollars. They distributed 650 million (65%) QSP out of the 1 billion total supply to ICO participants at a price of $0.072 per token. After the usual post-ICO volatility, the QSP price stabilized at around $0.10 (~0.000005 BTC) through the end of November. The price followed the trend of the altcoin market and rose rapidly to an all-time high of $0.82 (~0.000051 BTC) before slowly falling to its current price of ~$0.286. The QSP price weathered the beginning of the year market downfall better than most other altcoins.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform