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Non-transferable BEP-20 token. Address of NDT equals to NEO DAO address
After NEO DAO creation, we will distribute Governance tokens (NDT tokens) among NEO DAO participants.
All wallets with NDTs have access to NEO DAO and can create any proposals. The quorum determines how many tokens are needed to activate any vote in NEO DAO. All issued NDTs equals to 100%, so a 51% quorum will require 51% NDTs, which are distributed among NEO DAO members.
NEO Governance tokens cannot be sent to another wallet by direct transfer. If there is a need to send tokens, for example, NEO DAO member decided to leave the project, that NEO DAO member needs to initiate a vote to transfer GT from his wallet to another.
As you can see, the NDT token makes it possible to be a member of the NEO DAO. What then is the difference between an NLP token and a NDT Token?
A DAO has several advantages when compared to a centralized organization:
Decentralized decision-making: In a DAO, decision-making power is distributed among its members, rather than being centralized with a single individual or group. This can lead to a more democratic and transparent decision-making process.
Immutable record keeping: Because a DAO's records are stored on a blockchain, they are tamper-proof and transparent. This can help to build trust among members and increase accountability.
Censorship resistance: A DAO operates on a decentralized network, making it less susceptible to censorship or interference from a central authority.
Flexibility: A DAO can be customized to fit the specific needs of an organization or community. Smart contracts can be programmed to define the rules and decision-making processes of the organization.
Cost-efficiency: DAOs have the potential to reduce the cost of traditional organizational structures by eliminating intermediaries and reducing administrative overhead.
Borderless: DAOs can operate across borders, making it easier for global communities to organize and collaborate.
NLP token role in NEO DAO
NLP tokens are used to track individual contributions to the NEO DAO treasury, as the number of NLP tokens held corresponds proportionally to the share of liquidity in the NEO DAO treasury.
DAO AUM / Circulating Supply of NLP Tokens = Value of 1 NLP Token
In terms of technical characteristics, NLP tokens are not very different from other tokens on the same network. Like any other BEP-20 token, these NLP tokens can be transferred, exchanged, and paired with another token on a DEX.
However, unlike NLPs issued on an exchange, owning NLP tokens in NEO DAO does NOT give liquidity providers full control over their liquidity, as the funds in the NLPs are managed by those who own the governance tokens (NDTs). Nevertheless, you can burn all or part of your NLP tokens if the NEO DAO hasn't disabled the burn NLP feature.
To determine the liquidity provider’s share of NEO DAO; To determine how much liquidity is returned to liquidity providers from the NEO DAO AUM after NLPs decide to burn their NLP tokens. To determine how much the liquidity provider should receive at the time of dividend distribution.
NEO DAO can make decisions on the further release of NLP token to the exchange, can organize the stacking of NLP token of NEO DAO. It is important for NEO DAO participants to understand that the NLP token is fully secured by the NEO DAO treasury, until the token is traded on the exchange.
NLP token use case we reveal in detail how to use the NLP token in our use cases. In general, NLP tokens are needed to effectively raise funds for the DAO from DAO members or from external investors. Since NLP tokens are heavily formula-linked, we will be very careful NOT to increase the proportion of investors who buy NLPs by directly transferring funds to NEO DAO account without buying NLPs.
At the time when NLP tokens are being sold at a private, public sale, or through the NEO DAO Launchpad, it is forbidden to generate profit or contribute additional money through direct transfer to NEO DAO address. Because otherwise, the shares will be diluted and some investors can get more money by burning NLP tokens than was invested. Only after the fundraising is over and all private, public offers, and launchpad are closed, NEO DAO can begin the process of generating profits.
It is forbidden to generate profit or contribute additional money through direct transfer to NEO DAO address. Because otherwise the shares will be diluted and investors can get more money by burning LP tokens than was invested.
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.
NDT Token: One of the advantages of NDT tokens is that it allows you to have a say in the decision- making process and direction of the NEO DAO, and potentially earn rewards. NLP Token: For NLP tokens, one advantage is that they provide a way for users to earn passive income by providing liquidity to NEO DAO, and also help in overall good functioning of the DAO.
NLP token has a unique role in our . It represents a financial stake in the organization. The best way to replenish the treasury of NEO DAO is by minting LP tokens through public or private offerings.
The relationship between NLP tokens and the proportional share of a (assets under management) is most commonly used in at least two cases:
NDT tokens (Governance Tokens) and NLP tokens (Liquidity Provider tokens) are different types of tokens that serve different functions within a .
are used for governance purposes, such as voting on proposals and participating in decision-making. NDT token holders have the ability to shape the direction and strategy of NEO DAO, and can have a direct impact on its success. NDT tokens are also often required to access certain features or services within the NEO DAO.
, on the other hand, are used for liquidity provisioning, meaning that they are staked in order to provide liquidity for NEO DAO. NLP tokens are used to earn a percentage of the trading fees that are generated by NEO X that they help to provide liquidity for. In addition, NLP tokens also can help in a NEO DAO treasury management as well as in its community engagement.
Our DAO is designed to create a bridge between the world of cryptocurrency and traditional finance, enabling the free movement of money and providing greater freedom, privacy, and liberty for all of our members.
Together, we can build a brighter future for all and create a more inclusive financial system that truly serves the needs of its users. We are excited to see what the future holds as we continue to evolve and grow with the support of our DAO.We are committed to expanding our horizons as an organization by exploring new ways in which we may be able to optimize our structure or improve upon existing.
On-chain voting with off-chain implementation is designed to reach a consensus between speed and cost. This is what we call a hybrid voting mechanism
On-chain voting means that every action, voting creation, voting by all members, execution, in NEO DAO will be immediately included into the blockchain.
Let’s say we have two members on NEO DAO. An average, non-urgent transaction takes about 3 minutes. Thus, we need 3 minutes to create a vote + 3 minutes to record a signature of the first member + 3 minutes to record a signature of the second member + 3 minutes to record a final decision on the blockchain.
In total, this vote will take 12-15 minutes. Now let’s imagine that we have not 2 but 200 members. We would have to spend about 10 hours assuming that all participants would vote instantly. And if we wanted to speed up this vote by increasing the gas allowance, the vote would become very expensive.
Off-chain method will speed up a vote to 3 minutes in total (0 minutes to create a vote, 0 minutes to record a signature of the first member, 0 minutes to record a signature of the second member and 3 minutes to record a final decision on-chain).
If all voters vote promptly, it will only take 3 minutes if there are 200 members. The HYBRID voting mechanism for NEO DAO maintains a compromise between transparency and speedy and cheap voting.
Mutual funds give small or individual investors access to invest. Each shareholder, therefore, participates proportionally in the gains or losses of the fund.
Raising Funds. LP burning is off. LP offer is activated;
DAO earning process. LP burning is off. LP offer is deactivated;
Profits distribution. LP burning is on. LP offer is deactivated;
Repeat.
We can run a private round and a public one first. We can have the first round only private or only public.
Private Round - We can create a private offer specifically for one investor. We set the price in a specific asset, and the number of NEO LP tokens that will be redeemed at the specified price (there are no restrictions here). After purchase, the offer will be deactivated automatically. NEO DAO will receive the proceeds from the sale of NEO LP into its account.
Public Round - Wa can create a public offer for many participants. We set the price for 1 NEO LP. NEO DAO will receive the proceeds from the sale of NEO LP into its account.
For example, consider this case: We sold 10 NEO LP to one participant in a private round for 200 USDT. 1 LP = 20 USDT.
NEO DAO earned 200 USDT in a private round.
We also sold 1 NEO LP each in the public round to 10 members at a price of 20 USDT.
NEO DAO earned 200 USDT in the public round. DAO AUM (assets under management) 200 + 200 = 400 USDT.
In total, NEO DAO distributed 20 LPs. A member with 10 LP has 50% of the NEO DAO share. A member with 1 LP has 5% of the NEO DAO share.
In our example NEO DAO by its actions was able to earn +100 USDT. NEO DAO AUM 400 + 100 = 500 USDT. How will the profit be distributed among the participants now? Participant with 50% share, 200 USDT -> 250 USDT. Participant with 5% share, 20 USDT -> 25 USDT.
At this stage, NEO DAO does not make money and does not invite new members, but gives the current members time to exit. Let's say no one wants to leave NEO DAO this time. The shares remain the same.
Now it is important to determine the value of theNEO LP token in order to raise funds again and not depreciate the shares of contributors from the first round.
Or simply: NLP Price = NEO DAO AUM / NLP Total Supply
In our example: 500/20 = $25 (we can also slightly increase the NLP price this time so that previous participants get a small profit at this stage).
We create another public offer. We set the price for 1 NLP = $25. Our token was bought by another 10 people, 1 NLP each and NEO DAO received into the treasury + $250.
Total NEO DAO AUM is 500 + 250 = $750.
The shares are distributed as follows: NEO DAO handed out 30 NEO NLPs in total. The participant with 10 NLP has 33.3% of NEO DAO shares. A member with 1 NEO NLP has 3.33% of NEO DAO shares.
The money is distributed as follows: Participant with 33.3% share, 250 USDT -> 250 USDT.
Participant from the first round has a 3.3% share, 25 USDT -> 25 USDT. The participant from the second round has a 3.3% share, 25 USDT -> 25 USDT.
Let's say NEO DAO managed to earn x2 at this stage.
NEO DAO AUM = $750 + $750 = $1.500.
Participant with 33.3% share, 250 USDT -> 500 USDT.
Participant with 3.3% share, 25 USDT -> 50 USDT.
After successful deals, some of the partners decided to leave.
Let's say 5 people with 1 NLP decide to burn their tokens and exit. There are 25 NEO NLPs left in circulation. NEO DAO AUM = $ 1.250.
Participants' shares and earnings were distributed as follows: Participant with 10 NLP, 40% share, 500 USDT -> 500 USDT. Participant with 1 NEO NLP has 4% share, 50 USDT -> 50 USDT.
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.
A DAO is a type of organization that is run through code rather than by a group of individuals. The rules and decision-making processes of a DAO are encoded into smart contracts on a blockchain, and the organization is controlled by its members through a consensus mechanism.
Therefore, NEO DAO is the organization that now owns NEO X and is in charge of its development and management, including decision making and ownership. This allows for a more democratic and transparent process for managing and developing the Super App and ensures that the community that uses it has a say in its direction and evolution.
After you have installed your MetaMask, you need to open an account. The principle of opening an account on your computer or mobile device is the same.
On the home screen, click the "Get started" button.
Registrations on exchanges are similar. Below is the instruction on how to register on Binance:
The recommended amount to purchase BNB is at least $25. After you purchase BNB, it must be withdrawn to your MetaMask. Choose BNB withdrawal, BNB network (BEP20), and enter your public account address, which is listed on the MetaMask homepage.
Click on the CONNECT button
NEO X it’s the first one Super App which integrates into an all-in-one solution, fintech and crypto services, and hundreds of commonly used apps for online shopping and communication.
How consumers want save, shop and spend in the connected economy, My NEO Group look at how consumer demand for streamlined payment experiences has created widespread interest in a super app to manage the complexity of modern life.
A broad range of recent technological changes, from advanced mobile devices to artificial intelligence (AI)-powered standalone applications to new payments technologies, have changed the parameters of the possibilities for retailers, financial institutions (FIs) and consumers.
1 Real-time connections between payment rails, retailers, essential and nonessential activities and digital identities power today's consumer experiences.
2 We call this decentralized, evolving global infra- structure built for efficiency, security and intuitive user experience the ConnectedEconomy.
Within the ConnectedEconomy, con- sumers engage in a range of core activities that power day-to-day life actions that are now fundamental interconnected. For example, shop- ping online can lead to ordering from restaurants via an app, which can nor- malize app-based grocery delivery, opening the door to many other con- nected undertakings. Though these actions are intertwined, the current infrastructure is anything but. The channels consumers use to engage in the ConnectedEconomy are disjointed, a nest of separate apps and websites from myriad providers that can clog smartphone home screens and neces- sitate the creation of overwhelming numbers of accounts (and the remem- brance and safekeeping of just as many account credentials).
A super app may fix this. A super app provides a user interface through which consumers can shop, order food, check social media, bank, crypto and so on — all within a single solution. It can help solve the current ecosys- tem’s decentralization problem and address consumers’ universal desire for consistent, secure and frictionless interactions throughout the pillars of their lives.
Global consumers already want a super app: Approximately seven in 10 respondents report interest in such a solution.
Driven by a desire for convenience and financial wellness — the latter especially among Generation Z consumers — most survey respondents have at least some interest in a solution that would allow them to manage payments and other everyday activities through a centralized tool. Overall, approx- imately one-quarter are “very” or “extremely” interested in a super app, and consumers who have fully inte- grated connective technology into their lives are approximately twice as likely as other respondents to exhibit this high interest.
Consumers desire a super app, particularly for convenience and security.
A core advantage of a super app is its elegance: such a solution takes what once was a tangled thread pile of apps, websites and channels and spools it into a single, centralized experience. Nearly four in 10 consumers who are “slightly” or “somewhat” interested in a super app highly value the benefit of minimizing the risk of losing sensitive information, and among highly interested consumers, that share rises to 57%. An equal share of highly interested consumers greatly values the convenience of coordinating different areas of life in one place.
Would you like to make your smartphone more efficient by managing all the main apps in a single centralized platform? From social networks, to WhatsApp, to those for online shopping, such as Amazon and many others.
The solution is NEO X. It's the first “all-in-one” Super App that aggregates and makes your apps usable quickly, in a single login, freeing up storage space on your phone.
The is a that empowers its community to drive innovation and growth. It is run on a blockchain platform and operates using smart contracts, allowing for complete transparency and decentralized decision-making.
As a community-driven organization, the is committed to providing a platform for open collaboration and idea-sharing.Whether you are an experienced cryptocurrency enthusiast or new to the world of digital assets, we welcome you to join us and contribute to the growth of our community.
has developed NEO X, a Super App that integrates a variety of services, including fintech and crypto services, as well as commonly used apps for online shopping and communication. This Super App is the first of its kind in the market.
To manage the development, ownership and decision-making process of NEO X, the company transferred it to a decentralized autonomous organization (DAO) called .
MetaMask can be installed on your computer, as a for such as Chrome, Opera, or Yandex, or on a mobile device as an or app.
In order to conduct any transactions from your MetaMask wallet, you need to have a coin in your account. A coin is a cryptocurrency that is needed to pay for gas, i.e. a blockchain commission for conducting any transactions. On the BSC blockchain, the coin is BNB. The easiest way is to buy BNB on exchanges such as or .
How to Register on ?
How to Complete ?
Binance , for buying cryptocurrency using fiat currencies.
Go to the (using the browser on which you installed Metamask - Like Chrome)
NEO X was conceived and built by and is now owned by NEO DAO. This is why it is a real “Digital Ecosystem”, a versatile and scalable fintech platform, in which banking services and next-generation payment solutions are found. In the Super App you can aggregate all your current accounts, centrally manage transactions, deposit and exchange cryptocurrencies, and thanks to an innovative exchange system, use them to pay with a prepaid card, or with the integrated contactless system.
Term
Definition
Absolute majority voting
50+1% of the votes must be reached to achieve a quorum.
Assets Under Management (AUM)
All funds managed by a NEO DAO.
Consensus
A principle according to which any transaction, change of the NEO DAO management rules or other actions allowed by the conditions of NEO DAO, is carried out only after creating a vote and reaching a quorum.
Decentralized Autonomous Organization (DAO)
A form of organization where participants' activities are based on rules set in smart contracts, and any decisions are executed only when consensus has been reached.
Governance Token (GT)
A governance or native token that allows its members to create and participate in votes. NEO GT has no economic value, cannot be sent to another wallet like a regular token, and can only be created or sent as a result of voting in NEO DAO.
Hybrid voting
Participants vote off-chain using a unique signature, while the execution of the voting results is done on-chain. This type of voting allows us to significantly reduce gas costs without compromising security.
Liquidity Provider Token (LP)
An investment token or liquidity provider token. An BEP-20 standard token, backed by NEO DAO assets and varying in price depending on the total issue of the LP and AUM of NEO DAO. When an LP token is burned, a holder receives a proportional share of the AUM of NEO DAO. The total supply of an LP token depends on its economic value.For example, if 10 LPs were issued and the project's AUM is $1,000, then the value of 1 LP is $100.
Module
A special smart contract providing some additional function for NEO DAO.
Off-chain voting
All participants' actions, including the voting result, do not interact with the blockchain. This type of voting is usually used for project community voting, as it does not entail the binding execution of a decision.
On-chain voting
Every participant's vote is "recorded" on a blockchain, and the result of the vote is executed automatically after a quorum is reached. This type of voting is characterized by high gas costs.
Quorum
The number of votes required for a decision to be executed.
The documentation detailed below lists the ways in which other cryptocurrencies increased their valuation. All are highly applicable to NEO Credit (NRT).
Crypto.com Coin (CRO) is the native cryptocurrency token of the Crypto.com Chain, a decentralized and open-source blockchain developed by Crypto.com. In 2018, it received a 380% injection and increased from $0.0130 (333 satoshi) to $0.0625 (1600 satoshi). Accordingly, the daily volume increased from US $90,000 to over US $800 million in four years.
Binance Coin (BNB) is a utility token designed for Binance cryptocurrency exchange users that launched in July 2017. When account users buy BNB and use it to pay Binance cryptocurrency market trading fees, they receive discounts. BNB, built on a blockchain called "proof-of-staked authority," is a deflationary cryptocurrency with a 200 million hard supply cap. Before the initial offering, all coins were pre-mined at a price of $0.10 per BNB. In 2021, the coin increased by nearly 1,344% and the BNB rose from roughly $38 in January 2021 to an all-time high of $683.82 in early May 2021, and then in early November 2021 to a new high of $668.07. BNB’s current market cap is over $47 billion.
(KCS) is the KuCoin Exchange native token launched in 2017 with profit-sharing capability allowing traders to reap the benefits of the exchange's value. It was created as an ERC-20 token that runs on the Ethereum blockchain. KuCoin has a market cap of over $1.5 billion, a maximum supply of just over 170 million KCS coins, and a circulating supply at about 98.4 million (58%). Just a few days after its release, the currency skyrocketed from $0.4551 on November 30, 2017, to $20.44 on January 10, 2018. Despite dipping to $2.28 on March 18, 2018, KCS has now risen to $5.17 as of April 24, 2018. According to CoinGecko, the currency has risen by more than 125% in the past 12 months.
Crypterium Token (CRPT) is the token of Crypterium, a wallet which aims to integrate traditional financial services and cryptocurrencies that’s fueled by CRPT, an Ethereum token. Crypterium accelerates the impact of supply and demand economics on the value of CRPT by charging a 0.5% gas fee in CRPT for crypto-to-fiat transactions, and also by burning tokens at month’s end. CRPT now has a market value of $16 million and is held in 56,628 wallets. Crypterium soared to an all-time high of $3 (January 23, 2018), and on April 8, 2020, the price increased by over 64% of its worth at that time. By selling 68,875,950 Crypterium tokens for $0.75 each, the Crypterium ICO (initial coin offering) raised $51,656,963.
The project's strengths revolve around how effectively their executed activities and products towards use cases increased token valuations—the more tokens are utilized for personal consumption, the higher the valuation. However, within volatile periods that may impact the valuations of almost all tokens at the same time, L1 utility tokens spring back into valuation first.
NEO Credit tokens function within the entire ecosystem to scale up interoperability of the earned/invested assets between projects, thereby giving it the valuation strength of a utility token.
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.
TechRate is an analytical and engineering agency focused on blockchain technology solutions and audits, a leading smart contract auditor.Techrate gave NRT’s smart contract security qualifications a score of 99%. The evaluation encompasses NEO CREDIT’s quality, security, and correctness. NEO Credit scored a testable code of 100%, which is higher than the industry standard of 95%. Moreover, no critical or medium-level issues were discovered during the audit.The Techrate team ensured that the NRT smart contract implements and adheres to existing standards appropriately and effectively, and documentation and code comments match logic and behavior. The audit ensured that the smart contract distributes tokens in a manner that matches calculations, and follows best practices for efficient use of resources, without unnecessary waste.Techrate’s blockchain Security Team held NRT on a silver platter and declared that the token’s smart contract meets their security requirements for listing on cryptocurrency exchanges.
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.
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.
Features and Strategy The value of a cryptocurrency or a token is always linked to the project’s purpose. NEO Credit (NEO) is unique among its competitors because of its connection with a large platform.
My NEO Group will always take responsibility for these tokens as a way to use its platform’s services; its growth and devaluation are integrated into the project design itself. Even if My NEO Group cannot manipulate market shares, it is issued by an experienced, highly competent team, with all steps and fundamentals defined and planned to ensure this currency’s incredible stability over time.
Given the expansion of our platform—and due to the features and design that govern the currency—it’s highly likely that NRT will become an increasingly global asset. Furthermore, its potential to appreciate is significant; by fundamentally analyzing the project, all token holders will recognize it as the currency of a solid endeavor with strong representation worldwide.
My NEO Group offers a large volume of usage and application within his Super App NEO X. Over the next two years, the focus will be technological development and new services integration.
Licensed ecosystem NRT Credit tokens are issued by a company that operates under licensed partners and platforms authorized in various countries around the world. Today, creating a cryptocurrency is cheap and accessible to anyone, but the value of that currency is always linked to the purpose of the project.
Token ownership When a company issues a token, even if it is in the possession of its users, it tends to be decentralized. NEO Credit will always take responsibility for these tokens for use of the services on the platform. Its growth and devaluation are integrated into the design of the project. My NEO Group cannot manipulate market shares, but as it is issued by an experienced, highly-competent team, all steps and fundamentals have been defined and planned such that this currency has incredible stability over time.
Applicability of the token Due to the features and design that govern the currency, the token has a high likelihood of becoming an increasingly global asset in view of the platform's expansion. Furthermore, it has significant potential for appreciation, as by fundamentally analyzing the project, all token holders will understand that it is the currency of a solid project with worldwide representation. Hence, it has the ability to provide a large volume of usage and application within the platform itself. Over the next two years, the focus of the platform will be on technological development and the integration of new services.
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The value of the NRT (utility token and gas token) of 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 . 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.
It is worth mentioning that the NRT was created by , a Swiss company which holds all the necessary licenses in Switzerland, and that is a shareholder of Mt Pellerin, which adds a level of trust and credibility to the project.
NEO Credit (NRT) is the utility token of the ecosystem applications.
NRT is based on the BNB Chain protocol powered by Binance. The BEP-20 smart contract allows BSC to facilitate transactions and record balances of such credits in an account.
The benefits of using the BEP-20 protocol include the following: The simple, easy-to-understand BEP-20 standard reduces the complexity associated with studying and understanding other types of blockchains for implementations like the NEO Ecosystem. The BEP-20 standard enhances the liquidity of other BEP-20 tokens and reduces the risk of broken contracts. BEP-20 is a uniformity of tech and protocol standards for everyone to use. Hence, it is widely acceptable and extremely reliable.
Aside from trading, transactions, and staking, NRT also functions as a utility to reward users for successfully completing tasks, such as KYC verification.
We are a team of entrepreneurs working on the creation of a new kind of financial institution in Geneva, Switzerland. Being specialists of the application of blockchain to finance, we use this new technology at the core of this project to create a ecosystem that will propel the new era of financial digitalization that blockchain makes possible.
At Mt Pelerin, those ideals are very dear to us, as they represent our values in life. We believe in the constructive power of every actor of the economy, once give real freedom and autonomy in his/her choices. We want to create favorable conditions to make the financial industry as a whole progress, while giving its customers the keys to their own financial empowerment.
We chose the name Mt Pelerin to herald our origins and values.
Mt Pelerin is a financial intermediary duly affiliated with VQF (www.vqf.ch), a Self-Regulatory Organisation (SRO) officially recognised by Switzerland's Federal Financial Market Supervisory Authority (FINMA). This website is not intended as and is not to be taken as an offer or solicitation with respect to the purchase or sale of any cryptocurrencies, nor does it constitute an offer or solicitation in any jurisdiction, including those in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such a solicitation or offer. Those persons interested in acquiring cryptocurrencies should inform themselves as to the applicable law within the countries of their nationality, residence, ordinary residence or domicile for such acquisition. There may be restrictions in certain countries as to whom may acquire cryptocurrencies. Mt Pelerin does not offer services in relation to cryptocurrencies to US persons.
Smart Contract:
The name Mt Pelerin refers to the , a group of brilliant economists and intellectuals advocating for an open society and economy driven by free market principles, personal and political liberty, and freedom of expression.
The Mont Pèlerin Society was founded in 1947 at the first conference organized by Professor on the , a small mountain overlooking Lake Geneva, our home. Professor Hayek invited 60 liberal scholars from all over the world to meet and renew the links that had been broken between them by war and nationalism. The society’s founders include Friedrich Hayek, , , , , and , among others. Although these intellectuals represented a mix of schools of thoughts, e.g. the or the , they nevertheless all agreed on a desire to promote liberal ideas in the classical sense. The group never aspired to conduct propaganda nor align with any political party. Its sole objective is to facilitate the exchange of views among minds inspired by certain ideals and broad conceptions held in common and to contribute to the preservation and improvement of the free society.
An investor can burn his/her LP tokens and get all NEO DAO assets proportional to the share.
You will be asked to confirm the permission to burn NLP.
After that you will see details about NLP burning. If the information does not appear, and the transaction has passed, reload the page.
In NLP Amount input you should type the amount of your NLPs you want to burn (fully or partially). See how to check your NLP balance here.
Below the input line a small tip about the percentage of the entered amount of NLP tokens from the total amount of NEO DAO funds is given.
Next you can see a list of all NLP tokens from the NEO DAO treasury, except those staked on other smart contracts such as Yield Farming Pools
After specifying the amount of NLP and marking all (or only the ones you need) tokens, click on the "Burn NLP" button.
As a result of the burning, the shares in NEO DAO will be redistributed among the rest of the participants, and the one who burned his share will receive all selected tokens.
Governance: NDT token holders have the ability to vote on proposals and make decisions regarding the direction and development of the NEO DAO.
Appreciation: As the NEO DAO and the NEO blockchain continue to grow and gain adoption, the value of NDT tokens may increase.
Access: NDT token holders may have access to exclusive features and services offered by the NEO DAO and its partners.
*It's important to note that buying NDT Token or any other crypto assets is a high-risk investment and please do your own research before buying any assets.
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.
NDT token is a token issued by , a decentralized autonomous organization built on the blockchain. Buying NDT tokens can provide several benefits, including:
An increase in the use of NRT and its value
An increase in the value of the NLP Token
Generating dividends for NLP Token holders
We invite you to join us in shaping the future of finance and technology by participating in the NLP token offering and becoming a member of the NEO DAO community.
*It's important to note that buying NLP Token or any other crypto assets is a high-risk investment and please do your own research before buying any assets.
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.
10%: All fixed costs for maintenance, security, server etc..
30%: Future NEO X / NEO Dash development and licensing and company acquisition.
10%: Marketing
5%: Compliance department (AML and KYC)
5%: Emergency fund for unexpected expenses.
20%: Remains in NEO DAO treasury
20%: Are redistributed to NLP Token holders
Once NEO DAO will have created a Private offer or Public offer you will be able to see on the DAO home page in section "Offers"
Step1. A NEO DAO has $0 on balance;
Step2. You bought 1 NLP for $100 and you are the only investor. Now you have 100% of share. NEO DAO has $100 AUM;
Step3. Another person bought 1 NLP token for the same $100. Now you have 50% share. NEO DAO has $200 AUM;
Step4. NEO DAO earns +$100. NEO AO has $300 AUM where $150 is yours (+$50 profit);
Step5. You are about to quit and burn your NLPs. You will get $150 in return.
The is pleased to announce the launch of its NLP token, which will be used to fund a comprehensive marketing campaign aimed at attracting new users to the revolutionary . As outlined in pages and , the value of the NLP Token and NRT is closely tied to the number of NEO X users. Following the transfer of ownership of NEO X from to NEO DAO, it is now the NEO DAO and its community that holds 100% control over NEO X's strategy and development.
Fixed costs
10%
Future development
30%
Compliance (AML and KYC)
5%
Emergency fund
5%
NEO DAO treasury
20%
LP Token holders
20%
Marketing 10%
NEO Circle members must go to their > NEO DAO menu.