Neco is the cryptocurrency for the common good. We generate profits, provide universal basic income and protect the climate. Our vision is to build a sustainable financial system that serves the people and the planet.
Neco is positive money without inflation, interest and transaction fees. Its value is backed by a reserve and regulated collectively by all members, providing a high level of stability and security.
Our crypto platform runs on Stackchain - a faster, more efficient and more secure version of Blockchain technology. Stackchain is climate-neutral and supports data privacy requirements. Our vision is to build a powerful crypto platform for tokenization and decentralization.
We are a decentralized collective organization (DCO) and cooperative non-profit with strong values and high moral standards. Radical transparency and honesty are core elements of our corporate culture. Our community can participate in the decision-making process through Collexa, a system of collective intelligence (CI).
No inflation. Low volatility.
SecureBacked by a reserve. Low risk.
FreeNo transaction fees. No interest.
Universal basic income. Unconditional.
PlanetClimate-neutral. Carbon offsetting.
ProfitQuarterly earnings. Positive money without debt.
Equality. Sustainability. Diversity. Sufficiency. Solidarity. Transparency. Stability.
DecentralizedNo hierarchies. Separation of power.
CollectiveAll members have a vote. Collective decision-making.
We have kept our promise! Since its launch, the Neco price has been increasing steadily without ever losing value.
This chart shows the stable upwards trend of the Neco price.
The Neco price is updated every quarter in a collective referendum, the Neco regulation. Its value is backed up by a reserve and increases with the reserve rate, providing a high level of stability and security. Our community collective decides how much of our profits go to social and environmental causes such as universal basic income and carbon offsetting.
Following our value of transparency, Neco publishes key financial figures such as Neco price, reserve and budgets in our monthly and quarterly reports.
Neco runs on Stackchain, a faster, more efficient and more secure version of Blockchain technology. Stackchain is a climate-neutral Distributed Ledger Technology (DLT) that stores information in distributed databases. It requires no mining and complies with GDPR regulations. Our vision is to build a powerful crypto platform for tokenization and decentralization.
We have designed Neco to solve the problems of traditional currencies (so-called “fiat currencies” like EUR, GBP and USD) and cryptocurrencies like Bitcoin, Ethereum or Litecoin. Unlike most currencies, Neco is a free currency without fees, inflation, interest and debt, serving as a global means of exchange. Its value increases over time, providing a secure store of value.
Neco is more than just a currency - it’s a sustainable financial system that serves the people and the planet. It supports social and environmental causes by providing universal basic income and protecting the climate.
The following comparison highlights the main differences between Neco and other fiat and crypto currencies.
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|---|---|---|---|
Currency |
NecoCryptocurrency |
EuroFiat Currency |
BitcoinCryptocurrency |
| Costs | Free of charge | Banking fees | Transaction fees |
| Long-term value | Increases | Decreases | Fluctuates |
| Risk | Low | Low | High |
| Volatility | Low | Medium | High |
| Reserves | Fractional reserve | No reserve | No reserve |
| Acceptance | Global | Eurozone only | Global |
| Money creation | Collective (decentralized) | Banks, Central banks (centralized) | Miners (decentralized) |
| Type of money | Positive money (credit) | Negative money (debt) | Neutral |
| Financial bottom line (profit) | Positive (no debt, no fees) | Negative (debt, fees) | Inconsistent |
| Social bottom line (people) | Positive (universal basic income) | Negative (poverty, inequality) | Rather negative (inequality) |
| Ecological bottom line (planet) | Positive (reforestation, recycling) | Negative (environmental destruction, waste) | Negative (massive carbon footprint) |
| Decision-making | Collective (user community) & direct democratic | Centralized (council) & non-democratic | Decentralized (miners & developers) & democratic |
| Values | Equality, Sustainability, Diversity, Sufficiency, Solidarity, Transparency, Stability |
Stability | None |
| Type of organization | Decentralized collective organization | Independent government authority | Decentralized autonomous organization |
| Organization structure | Non-hierarchical | Hierarchical | Non-hierarchical |
| Separation of power | Yes | No | No |
Building a sustainable financial system takes time. After completing our prototype in September of 2021, the Neco project is currently in the Build phase, developing the Neco platform and building the team in preparation for our initial coin offering (ICO) in 2022. To join our beta community, please register here.
The project will be financed through three Initial Coin Offerings (ICO):
