{"id":1107,"date":"2019-05-11T10:11:14","date_gmt":"2019-05-11T10:11:14","guid":{"rendered":"https:\/\/coindeveloperindia.com\/blog\/?p=1107"},"modified":"2019-05-11T10:11:17","modified_gmt":"2019-05-11T10:11:17","slug":"nep5-shape-up-the-future-of-crypto-revolution","status":"publish","type":"post","link":"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/","title":{"rendered":"How can NEP5 shape up the future of crypto revolution?"},"content":{"rendered":"\n<p>Cryptocurrency itself is a revolution and now it is being\ntaken forward by more trailblazing products. NEO is the newest addition in the\nlist token protocols and it has gained quite a traction in a very short period\nof time. It has been introduced as a development platform which also makes the\ndeployment of coins through its network. The features of this network&nbsp; has drawn attention of developers and experts\nall around the world.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The most innovative network <\/strong><\/h2>\n\n\n\n<p>NEP stands for NEO Enhancement Proposals and 5 is number\nof times it has been created on the network. Therefore, NEP5 became the ideal\nname for the token produced by this network. Within a year of its launch, this standard\nbecame a preferred choice of many project owners because it allows the tokens\nto be generated at a much faster pace with a better mechanism. <\/p>\n\n\n\n<p>The ecosystem of this protocol makes the documentation very easy and it related with every guideline of blockchain. This makes the production of tokens very easy and feasible at all the stages and enables them with many features. And the standard can be implemented to all the tokens generated in past, present and future. It is also very easy to change the root structure of any other token and make it an <strong><a href=\"https:\/\/coindeveloperindia.com\/blog\/how-nep5-is-changing-the-landscape-of-cryptocurrency\/\">NEP5 with all features and attributes<\/a><\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>With many productive features<\/strong><\/h2>\n\n\n\n<p>Though the basic mechanism is different, you can still\ncompare NEP5 with ERC20 as they are best products of their ecosystems. However,\nwhen it comes to functionality the former is definitely better than the latter.\nThe compatibility of NEO\u2019s ecosystem with all the latest technology makes it\nmuch better than any other token standard. There are many things that make the\ndevelopment very easy and bring innovation into the entire community.<\/p>\n\n\n\n<p>With this ecosystem, the developers are better equipped\nwith resources and the process gets much more conducive for business. The\ntransactions are faster even with more volume and their storage is also much\neasier than before. The distribution of public address gets much better tokens\nwith wallets that are developed with the NEO framework. The amount which gets\ncredited in the wallet is shown automatically and it supports all the major\naltcoins.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Adaptable to every business<\/strong><\/h3>\n\n\n\n<p>Exchanges like Binance have also put their trust into the\nthis token standard. It has inducted a far better structure for designing\nmaximum number of tokens with top-notch functionality.&nbsp; In terms of functions, this new standard\ngives a chance to every business to regulate its norms and make them better\nwith smart contract implementation. The consumption of gas is much lesser than\nany of the Ethereum tokens which also makes it much more affordable.<\/p>\n\n\n\n<p>The overall cost of developing NEP5 token is very economical and that is also a reason why\u00a0 it is being adapted by most businesses. Blockchain projects can be easily developed on this architecture and it enhances the members of the network. There are many <strong><a href=\"https:\/\/www.coindeveloperindia.com\/token-development-services\">NEP5 token development<\/a><\/strong> companies that you hire for your own project. <strong>Coin Developer India<\/strong> is one of the experts in this domain who can empower your business with nothing but the best.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency itself is a revolution and now it is being taken forward by more trailblazing products. NEO is the newest addition in the list token protocols and it has gained quite a traction in a very short period of time. It has been introduced as a development platform which also makes the deployment of coins&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-token-development"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.3 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How can NEP5 shape up the future of crypto revolution?<\/title>\n<meta name=\"description\" content=\"With NEP5 tokens, make your business productive in every way. Coin Developer India helps you get all such advantages at a reasonable price.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How can NEP5 shape up the future of crypto revolution?\" \/>\n<meta property=\"og:description\" content=\"With NEP5 tokens, make your business productive in every way. Coin Developer India helps you get all such advantages at a reasonable price.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Developer India Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/CoinDeveloperIN\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-11T10:11:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-11T10:11:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.coindeveloperindia.com\/blog\/wp-content\/uploads\/2019\/05\/NEP5-tokens.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"417\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"How can NEP5 shape up the future of crypto revolution?\" \/>\n<meta name=\"twitter:description\" content=\"With NEP5 tokens, make your business productive in every way. Coin Developer India helps you get all such advantages at a reasonable price.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.coindeveloperindia.com\/blog\/wp-content\/uploads\/2019\/05\/NEP5-tokens.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@CoinDeveloperIN\" \/>\n<meta name=\"twitter:site\" content=\"@CoinDeveloperIN\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/#\/schema\/person\/1540a11fe446332f8a76351b88626b3f\"},\"headline\":\"How can NEP5 shape up the future of crypto revolution?\",\"datePublished\":\"2019-05-11T10:11:14+00:00\",\"dateModified\":\"2019-05-11T10:11:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/\"},\"wordCount\":534,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.coindeveloperindia.com\/blog\/wp-content\/uploads\/2019\/05\/NEP5-tokens.jpg\",\"articleSection\":[\"Token Development\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/\",\"url\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/\",\"name\":\"How can NEP5 shape up the future of crypto revolution?\",\"isPartOf\":{\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.coindeveloperindia.com\/blog\/nep5-shape-up-the-future-of-crypto-revolution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.coindeveloperindia.com\/blog\/wp-content\/uploads\/2019\/05\/NEP5-tokens.jpg\",\"datePublished\":\"2019-05-11T10:11:14+00:00\",\"dateModified\":\"2019-05-11T10:11:17+00:00\",\"description\":\"With NEP5 tokens, make your business productive in every way. 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