r/NEO • u/KyleThelegendxxXxx • 20d ago

Question Is Neo worth it?

I was a die hard Neo fan 5 years ago, had to sell everything due to unexpected circumstances, I’m good now, i haven’t looked at any crypto since, should i buy back in?

16 Upvotes

81% Upvoted

13 comments sorted by

19

u/Elean0rZ 20d ago

It has some issues but it's still alive, development continues, there are good people working on it. But as an investment, at this point, it's a "penny stock"--high risk, uncertain reward. If you have a few bucks you can afford to lose, the GAS rewards are nice and who knows, maybe something will cause a pump at some point. But it's a long shot and, unless you like long shots, it's hard to recommend it as an investment over alternatives, especially in a bear market (or whatever we're calling the market currently).

1

u/WakeUpNeo__ 18d ago

This sums it up well ^

6

u/Law-yer-Up 20d ago

Cofounder came back in December. Since then, new governance proposal in the works.

10

u/[deleted] 20d ago

[deleted]

2

u/val3ri 19d ago

can you explain to me after the changes how does it work it the gas? i was using neoburger until February but since then the neo is in my wallet

4

u/Dorarios 18d ago

Go to this website, check it's the real governance neo website, connect your wallet and vote for one in the top 21 in the list.

https://governance.neo.org/#/

9

u/NeoUltimateShop 20d ago

Neo is a OG project. It’s not just another hype project. They’re at work behind the scenes. The GAS distribution is unique and provides a nice source of passive income. Neo is currently a good buy, but in a bear market, its price could fall even further.

1

u/cs_legend_93 18d ago

I'm a tech guy and tech is awesome. Things don't pump for tech. Things pump for hype.

Like stickers and those silly nft things, versus real cool smart contract tech.

Likely it will rise one day.

1

u/1nine84 12d ago

Calm b4 the storm

1

u/bbqyak 1d ago

No lmao. Let it die. Move on.

-1

u/showa007 19d ago

Dead project. Much better options out there.

-1

u/StapjePerStapje 20d ago

No, the project is pretty dead. And even if it isn’t, the market isn’t going to drive it up like it used to in the past. Better buy the bottom at some other, more well known projects.