Technology

Technology

NEO Credit (NRT) is the utility token of the ecosystem applications.

NRT is based on the BNB Chain protocol powered by Binance. The BEP-20 smart contract allows BSC to facilitate transactions and record balances of such credits in an account.

The benefits of using the BEP-20 protocol include the following: The simple, easy-to-understand BEP-20 standard reduces the complexity associated with studying and understanding other types of blockchains for implementations like the NEO Ecosystem. The BEP-20 standard enhances the liquidity of other BEP-20 tokens and reduces the risk of broken contracts. BEP-20 is a uniformity of tech and protocol standards for everyone to use. Hence, it is widely acceptable and extremely reliable.

Aside from trading, transactions, and staking, NRT also functions as a utility to reward users for successfully completing tasks, such as KYC verification.

The company responsible for the token technology and its issuance is Mt Pelerin Group LTD, in which My NEO Group is a co-shareholder.

About Mtpelerin

We are a team of entrepreneurs working on the creation of a new kind of financial institution in Geneva, Switzerland. Being specialists of the application of blockchain to finance, we use this new technology at the core of this project to create a ecosystem that will propel the new era of financial digitalization that blockchain makes possible.

The name Mt Pelerin refers to the Mont Pèlerin Society, a group of brilliant economists and intellectuals advocating for an open society and economy driven by free market principles, personal and political liberty, and freedom of expression.

The Mont Pèlerin Society was founded in 1947 at the first conference organized by Professor Friedrich Hayek on the Mont Pèlerin, a small mountain overlooking Lake Geneva, our home. Professor Hayek invited 60 liberal scholars from all over the world to meet and renew the links that had been broken between them by war and nationalism. The society’s founders include Friedrich Hayek, Frank Knight, Karl Popper, Ludwig von Mises, George Stigler, and Milton Friedman, among others. Although these intellectuals represented a mix of schools of thoughts, e.g. the Chicago School of Economics or the Austrian School, they nevertheless all agreed on a desire to promote liberal ideas in the classical sense. The group never aspired to conduct propaganda nor align with any political party. Its sole objective is to facilitate the exchange of views among minds inspired by certain ideals and broad conceptions held in common and to contribute to the preservation and improvement of the free society.

At Mt Pelerin, those ideals are very dear to us, as they represent our values in life. We believe in the constructive power of every actor of the economy, once give real freedom and autonomy in his/her choices. We want to create favorable conditions to make the financial industry as a whole progress, while giving its customers the keys to their own financial empowerment.

We chose the name Mt Pelerin to herald our origins and values.

Partners & Network

Mt Pelerin is a financial intermediary duly affiliated with VQF (www.vqf.ch), a Self-Regulatory Organisation (SRO) officially recognised by Switzerland's Federal Financial Market Supervisory Authority (FINMA). This website is not intended as and is not to be taken as an offer or solicitation with respect to the purchase or sale of any cryptocurrencies, nor does it constitute an offer or solicitation in any jurisdiction, including those in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such a solicitation or offer. Those persons interested in acquiring cryptocurrencies should inform themselves as to the applicable law within the countries of their nationality, residence, ordinary residence or domicile for such acquisition. There may be restrictions in certain countries as to whom may acquire cryptocurrencies. Mt Pelerin does not offer services in relation to cryptocurrencies to US persons.

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