Often referred to as China’s answer to the Ethereum blockchain, NEO is looking to regain momentum both fundamentally and technically. With NEO3 TestNet live, an upgrade that is so significant that it will require the creation of a entirely new blockchain, not just develop the old network. Now a new partnership has been announced; NEO are the first official blockchain partner of Microsoft’s .NET framework.
Microsoft’s .NET foundation is an open-sourced platform that will be working together with the NEO team to create a developer friendly blockchain based platform. The announcement comes at a time where NEO’s price is testing significant support.
The current $7 region should hold as support, with the positive fundamental developments, NEO is a project that has always attracted investors due to its huge rise during the last bull run.
The fact that the project is still very much alive and is developing, with solutions to the projects main flaws, illustrates that their is certainly some huge upside potential in place.