NEO blockchain project to give back funds to its early backers

The NEO open-source blockchain project, which has now been operating the NEO MainNet for over one year has announced that in order to show gratitude and appreciation to their early backers and supporters the NEO Council has decided to officially launch a sponsor giveback plan designed to unconditionally give back to early sponsors in the amount equal to the fiat value they contributed. The NEO team said, “this is an unprecedented move in the global token-raising history. Once the giveback plan is fully accomplished, NEO will be the world’s first ICO program offered full-amount giveback to sponsors.”

The plan targets all of NEO’s sponsors who participated in the seed-round financing, ICO1 and ICO2, and offers a giveback in the amount of their respective contributions at the CNY rate back then (around CNY 30,000,000).

The Neo team asserted: […]

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