Neo Embarks on Decentralization with New Ecosystem
NEO today announced its first step towards decentralization, on Wednesday, July 4. The decentralization process represents a very important movement for the global crypto economy as NEO is one of the most used currencies in circulation.
The date of the impending move is July 4 at 9:00 p.m. (GMT + 8). The move, which has been pending for some time, has been announced through an update from the company’s blog.
The details about the release are pretty scarce for the time being as the original tweet is not quite clear. The only important information that could be derived from the announcement is the date of the move.
The price of NEO, which is ranked as the 11th largest cryptocurrency in circulation in terms of market cap, started rising right after the announcement was published. It experienced an increase of 12%, being the crypto that managed to gain the most on Tuesday.
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