What is the cryptocurrency NEO (Is the cryptocurrency ONE a pyramid scheme)?

What is the cryptocurrency NEO According to cryptodaily information, a report released by blockchain analysis company Chainalysis showed that the global cryptocurrency market was valued at about $904 billion in 2017. In the past year or so, the price of Bitcoin has risen by over 350%. However, with the increasing interest in DeFi products and services, as well as the growing attention to decentralized financial products, this trend has slowed down since 2019. Researchers estimate that by the end of 2018, this number will increase to about $15 billion.

Is the cryptocurrency ONE a pyramid scheme?

According to official sources, after the launch of the cryptocurrency One (one.io) project, there were rumors that the team was suspected of “pyramiding”. It is reported that “ONE” is a newly established company jointly founded by Bitok, a Korean blockchain technology company. It is not clear whether the current cryptocurrency one belongs to a pyramid scheme based on relevant reports and analysis data. Statements such as “a coin can increase tenfold”, “it can be sold for 10 yuan”, and “able to reach thousands of floors” are misleading: “A coin cannot be bought, and it takes a year to exchange it for Bitcoin after a hundred years, over ten thousand yuan in cash, and several million yuan in rent… This is completely opposite to pyramid schemes.”