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About Neco


We have launched the Neco project to address global challenges like debt, poverty and climate change. Our objective is to create a better future for all living beings on Earth. We believe that the major issues of our times are either caused by the financial system, or could be solved by a better one. Instead of trying to fix the existing system, we have designed a new, sustainable system that supports the PPP principle - people, planet and profit. We have created a stable currency to provide the funding for global solutions to our ecological, social and economic problems. This new and improved system is managed democratically by a decentralized collective organization.


Download White Paper (English)
Download White Paper (German)
Download White Paper (French)

Features


The Neco Currency


Stable

No inflation. Low volatility.

Secure

Backed by a reserve. Protected against bankruptcy.

Free

No banking fees. No interest.


The Necosystem


People

Unconditional monthly income. Social services.

Planet

Carbon offset. Afforestation.

Profit

Quarterly earnings. Positive money without debt.


Our organization


Our values

Equality. Sustainability. Diversity. Sufficiency. Solidarity. Transparency. Stability.

Decentralized

No hierarchies. Separation of power.

Collective

All users have a vote. Decision-making using collective intelligence.

Neco price


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 since March 2019.



The Neco price is updated every quarter in a collective referendum, the Neco regulation. Unlike traditional currencies, the value of the Neco is determined by our members, not by demand and supply. These two major differentiators increase Neco’s stability, decrease its volatility and simplify accounting processes.

Stackchain


Neco runs on Stackchain. Stackchain is a crypto platform for decentralization and tokenization - 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 and supports GDPR requirements.


Download Stackchain Lite Paper

Comparison


We have designed Neco to overcome the flaws of traditional currencies (so-called “fiat currencies” like EUR, GBP, USD, etc.) and legacy cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.). The following comparison highlights the main differences between Neco and these other currencies.

Currency

Benchmark

Neco

Stablecoin

Euro

Fiat Currency

Bitcoin

Cryptocurrency

Fees & costs Free of charge Banking fees Transaction fees
Long-term value Increases Decreases Fluctuates
Stability Stable Inflationary Speculative
Volatility Low Medium High
Reserves Fractional reserve No reserves No reserves
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
Organization structure Non-hierarchical Hierarchical Non-hierarchical
Separation of power Yes (executive, legislative, judicial) No No
Values Equality, Sustainability, Diversity, Sufficiency,
Solidarity, Transparency, Stability
Stability None
Type of organization Decentralized collective organization Independent government authority Decentralized autonomous organization

Roadmap


Building a sustainable financial system takes time. The Neco project is currently in the prototype phase. During this phase, private crowdfunding is used to finance the initial development of the Neco platform, consisting of the Neco app and our Stackchain technology. For our private sales investors and prototype users, we offer basic features through our prototype platform.

Neco will go public in 2021. During the rollout phase, the project will be financed through multiple series of public crowdfunding, primarily through three Initial Coin Offerings (ICO):

  • Neco ICO (2021)
  • Stackchain ICO (2022)
  • Collexa ICO (2023)

The purpose of each ICO is to raise funding for the development of the respective technology and subsequently commence the sale of the token.

roadmap

This seems exciting?   Register with Neco now.


After your registration, you can


  • • Buy Neco tokens and profit from a stable currency that serves the common good
  • • Apply for Neco’s universal basic income (UBI) program
  • • Offset your carbon footprint through our Carbon Freetax program
  • • Earn Karma tokens for supporting our cause financially, by volunteering or by referring others
  • • Apply for a role in the Neocracy, our decentralized collective organization

Register Neco Quick Guide