Neco Finance Information

Neco is a 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 interest and transaction fees. Its value is backed by a reserve and regulated collectively by all users. Our system is protected against bankruptcy and bank runs. The Neco currency and the Necosystem are managed by the Neocracy, a decentralized collective organization (DCO). The Neocracy is a virtual organization with distributed authority and without hierarchies, based on the Holacracy management system. Our stakeholders can participate in the decision-making process through Collexa, a system of collective intelligence (CI). Our crypto platform runs on Stackchain. Imagine Stackchain as the “Blockchain 2.0” - a faster, more efficient and more secure version of Blockchain technology. Stackchain is a Distributed Ledger Technology (DLT) that stores information in distributed databases. It supports GDPR requirements and will be carbon-neutral. Our vision is to build a powerful crypto platform for decentralization and tokenization.