Silversummit wrote:Never saw this guy before, but I stumbled on this video today and thought I'd share it. He does some thorough and interesting research on NEO.
One great point he made that I hadn't really thought about before is that because NEO isn't divisible, and you can only hold whole numbers of NEO, it limits the number of people who can be holders. You can't have thousands of people owning .05 NEO or something like you see in many other coins. A person needs to acquire at least 1 whole NEO. Now the gas is still divisible - which is good and necessary due to its function of powering transactions. But the ownership, voting rights, and gas dividends that NEO holders have will be limited (technically to 100 million holders if everybody only had exactly 1 NEO). In reality, if each NEO holder had 500 NEO, that is only 200,000 people that will/can own NEO. Of course everyone doesn't own 500 but on average that could be close.