Neco is an eco currency designed for a better future of mankind! As a non-profit organization, we want to provide a free and transparent digital currency that is sourced and controlled by our community. Neco provides funding for common welfare such as education, healthcare, science, conservation, green technologies and generates universal basic income. We follow the example of Bhutan and measure prosperity by gauging our Community Happiness levels.
QIs it a cryptocurrency like bitcoin and others?
Neco is a digital currency but not a cryptocurrency. With Neco, money is created collectively by all members for social or ecological causes. With Bitcoin and most other cryptocurrencies, money is created through “mining” by mining organizations using Blockchain technology. Neco is a community currency, meaning it is issued, accepted and controlled by the entire Neco user community. Bitcoins are issued and controlled by “miners”, that is owners of mining computer hardware. Think of Neco as Bitcoin 2.0 - a better version of Bitcoin with additional economical, ecological and social features. For more details on the differences between Neco and cryptocurrencies like Bitcoin, please review our currency comparison.
QHow can I buy it?
We will be offering Neco at discounted rates starting in 2018. You will be able to buy Neco at a fixed conversion rate to any major currency. We will accept payment through credit cards, bank transfers and PayPal. For more details, please visit Getting Started. Subscribe with your email to receive regular updates about the Neco and its availability. Or follow us on Facebook.
QHow do I pay with Neco?
All you need to pay with Neco is the mobile app and a Neco account. Send or receive money to or from any Neco user globally using name, email, phone number or Facebook handle - instantly and without fees. You can also pay in local “fiat” currency using the Neco credit card. Regular credit card fees apply. For more details, please review Getting Started.