đWhat defines the value of NRT?
Last updated
Last updated
The value of the NRT (utility token and gas token) of My NEO Group is calculated based on a combination of factors, including the purpose and design of the project, the experience and competence of the team behind it, and the potential for growth and expansion of the platform.
One of the most important factors that affects the value of NRT is the number of users of the Super App NEO X. The more users NEO X has, the more valuable the NRT token becomes. This is because the token is used to access services and features within the platform, and as the number of users increases, the demand for the token also increases.
Additionally, the fact that My NEO Group has ceded ownership of NEO X to NEO DAO, a decentralized autonomous organization (DAO) also increases the value of NRT. This is because being managed by NEO DAO, a decentralized organization, gives more confidence to users, as it provides a more transparent, democratic and censorship-resistant management of the Super App.
It is worth mentioning that the NRT was created by Mt Pellerin, a Swiss company which holds all the necessary licenses in Switzerland, and that My NEO Group is a shareholder of Mt Pellerin, which adds a level of trust and credibility to the project.
The provided figures and information are approximate and for informational purposes only. They do not constitute a guarantee of income. Please note that all investments carry a risk and past performance is not indicative of future results. Investing in NEO DAO or any other investment opportunities carries a risk and potential investors should conduct their own research and seek advice from a financial advisor before making any investment decisions.