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In this article, we will talk about NEO – also dubbed as the “Chinese Ethereum” and its two native tokens, NEO and NEO Gas. NEO has several qualities that make it unique for both developers and investors. Online casino gamblers can take advantage of them, too, so let us find out how.
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This exciting blockchain project appeared in 2014 under another name but was rebranded to NEO in 2017. Experts soon recognized it as a very strong competition to Bitcoin and especially to Ethereum, hence its nickname – the Chinese Ethereum.
The most important thing you need to know about NEO is that its ultimate goal is to create a viable smart economy by reconciling three key factors: digital assets, digital identity, and smart contracts. The platform has two native coins – NEO and NEO Gas. NEO is the governance token, while NEO Gas is the utility token.
NEO and NEO Gas are not mineable and are capped at 100 million each. Half of that amount is given to the NEO platform fundraisers. The rest can be bought at the largest crypto exchanges. Some of the latter include Binance, Kraken, and Coinbase. The smallest NEO unit is 1. The minimum NEO Gas unit is 0.00000001.
Before we explain what makes NEO unique, let us tell you how the two native tokens work. NEO is the platform’s primary cryptocurrency. You can use it to hold, send, spend, and stake. Staking NEO allows you to receive a reward paid in NEO Gas whenever a new block is created on the blockchain.
The NEO platform has two major advantages, which make its crypto all the more valuable. The first one is that it does not require developers to learn a new language to create smart contracts. Instead, it uses the already existing C# and Java. The second advantage is that NEO is specifically focused on establishing a smart economy, hence the importance it places on digital identity.
NEO casino games are becoming a thing in the online casino world. The greatest advantage of crypto games is that most of them are provably fair. This means you can have fun without the fear of being cheated. Also, crypto gambling is secure and private.
NEO slots are incredibly popular. They have diverse themes and are equipped with fun features. Some of them offer life-changing jackpots even if you play with modest stakes.
Since crypto gambling appeared, dice games have become a total hit at online casinos. They are very fun to play and have simple rules. Most of them are provably fair, too, which is a huge advantage.
Live casino games have always been a top choice for online gamblers. The best live dealer products perfectly reenact a stellar land-based casino experience with high adrenaline and great prizes.
NEO roulette is a game for those who prefer to rely on luck without having to apply complex strategies. It is fast-paced, has a decent house edge, and the prizes can be quite attractive. There are many versions of NEO roulette, so it will not get boring.
The Megaways mechanics allows the reels to expand to create more winning ways, hence its name. Megaways slots are some of the most preferred machines. They come in many themes and are just as simple to play as their regular counterparts are.
Baccarat is another popular game you can play with crypto. The best gaming providers have come up with different versions to keep you entertained and give you better chances to win.
We consider many factors when recommending a NEO casino. Here are the main:
Providing fast withdrawals is essential to any good NEO casino. Additionally, we look for operators whose transactions are not only speedy but also low-cost. After all, it is important to retain as much of your winnings as possible.
Oftentimes, players will register at a new casino and will have tons of questions until they get familiar with it. That is why well-informed, courteous, and fast-to-reply customer support is so important.
No good NEO casino comes without bonuses and promotions. However, some deals have better terms and conditions. Our goal is to find them and present them to your attention.
We would never advise you to play at a casino that is not safe. To ensure you enjoy the best gambling games in ultimate security, we verify the operator’s licenses. In addition, we also check the supplementary protection measures it applies.
We would never advise you to play at a casino that is not safe. To ensure you enjoy the best gambling games in ultimate security, we verify the operator’s licenses. In addition, we also check the supplementary protection measures it applies.
The overall experience at any casino should leave you feeling content, happy, and properly rewarded. In addition, online gambling is also about accessibility, smooth gameplay, and stellar technology.
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