“Chinese Ethereum” NEO Drops After Investor Relations Disaster

Investor relations management is a crucial part of the operations of any business whose assets are traded by the public. In the growing crypto world, ventures are still learning this the hard way, as NEO’s recent investor relations disaster demonstrates.

Traders, investors and self-proclaimed former supporters of the NEO project are attacking the team on social media and community forums over what they see as misleading behavior. This is while advocates of the company are already battling what they call “baseless FUD”.

The source of the frustrations are a few teasers by NEO promoters that insinuated that big announcements were coming soon. Some took this as a hint to buy and the price jumped as speculation about the possible announcement circulated. A few people even thought this could be related to a possible change in regulations in China regarding ICOs…

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